Expenditure on old age function by type of benefit and means-testing in Sweden

Sweden: Expenditure on old age function by type of benefit and means-testing was 69,619 Million euro in 2024. ▲ Rising

Latest (2024)
69,619 Million euro
Change on year
up 4.9%
World rank
10th
of 36 countries
All-time high
69,619 Million euro
in 2024
All-time low
22,579 Million euro
in 1993
Years of data
32
1993–2024

Expenditure on old age function by type of benefit and means-testing in Sweden, 1993–2024

20.0k30.0k40.0k50.0k60.0k70.0k1993200820241993: 22.6k Million euro1994: 23.1k Million euro1995: 23.1k Million euro1996: 26.2k Million euro1997: 26.5k Million euro1998: 26.1k Million euro1999: 27.0k Million euro2000: 28.4k Million euro2001: 26.9k Million euro2002: 29.0k Million euro2003: 31.7k Million euro2004: 32.7k Million euro2005: 33.7k Million euro2006: 35.1k Million euro2007: 36.9k Million euro2008: 38.8k Million euro2009: 37.6k Million euro2010: 43.0k Million euro2011: 47.5k Million euro2012: 52.7k Million euro2013: 56.4k Million euro2014: 54.9k Million euro2015: 55.9k Million euro2016: 57.9k Million euro2017: 59.5k Million euro2018: 57.7k Million euro2019: 57.8k Million euro2020: 61.2k Million euro2021: 65.7k Million euro2022: 67.7k Million euro2023: 66.4k Million euro2024: 69.6k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Sweden recorded 69,619 Million euro for expenditure on old age function by type of benefit and means-testing in 2024. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 4.9% on the previous year and up 26.8% over ten years.

Over the whole period, expenditure on old age function by type of benefit and means-testing in Sweden peaked at 69,619 Million euro in 2024 and was at its lowest, 22,579 Million euro, in 1993.

Sweden ranks 10th of 36 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 24,940 Million euro 22,579 Million euro 27,011 Million euro 7
2000s 33,085 Million euro 26,939 Million euro 38,815 Million euro 10
2010s 54,337 Million euro 43,038 Million euro 59,530 Million euro 10
2020s 66,121 Million euro 61,162 Million euro 69,619 Million euro 5

Countries ranked near Sweden

  1. 7 Switzerland 95,027 Million euro compare
  2. 8 Poland 91,885 Million euro compare
  3. 9 Austria 72,514 Million euro compare
  4. 11 Belgium 69,584 Million euro compare
  5. 12 Türkiye 63,997 Million euro compare
  6. 13 Norway 41,308 Million euro compare

See the full ranking of 45 places →

More reference data data for Sweden

All data for Sweden →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Sweden?
Expenditure on old age function by type of benefit and means-testing in Sweden was 69,619 Million euro in 2024, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Sweden?
The highest recorded value was 69,619 Million euro in 2024.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Sweden?
The lowest recorded value was 22,579 Million euro in 1993.
How does Sweden rank for expenditure on old age function by type of benefit and means-testing?
Sweden ranks 10th out of 36 countries with data for 2024.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Sweden?
Over the last ten years it is up 26.8%. The long-run trend across the full record is rising.
Where does this Sweden data come from?
The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Expenditure on old age function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed