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
14th
of 45 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
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 14th of 45 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.
Expenditure on old age function by type of benefit and means-testing in Sweden, year by year
| Year | Million euro | Change |
|---|---|---|
| 1993 | 22,579 Million euro | — |
| 1994 | 23,106 Million euro | +2.3% |
| 1995 | 23,073 Million euro | -0.1% |
| 1996 | 26,235 Million euro | +13.7% |
| 1997 | 26,516 Million euro | +1.1% |
| 1998 | 26,062 Million euro | -1.7% |
| 1999 | 27,011 Million euro | +3.6% |
| 2000 | 28,365 Million euro | +5.0% |
| 2001 | 26,939 Million euro | -5.0% |
| 2002 | 29,021 Million euro | +7.7% |
| 2003 | 31,734 Million euro | +9.3% |
| 2004 | 32,727 Million euro | +3.1% |
| 2005 | 33,664 Million euro | +2.9% |
| 2006 | 35,054 Million euro | +4.1% |
| 2007 | 36,914 Million euro | +5.3% |
| 2008 | 38,815 Million euro | +5.1% |
| 2009 | 37,612 Million euro | -3.1% |
| 2010 | 43,038 Million euro | +14.4% |
| 2011 | 47,473 Million euro | +10.3% |
| 2012 | 52,715 Million euro | +11.0% |
| 2013 | 56,381 Million euro | +7.0% |
| 2014 | 54,914 Million euro | -2.6% |
| 2015 | 55,923 Million euro | +1.8% |
| 2016 | 57,854 Million euro | +3.5% |
| 2017 | 59,530 Million euro | +2.9% |
| 2018 | 57,700 Million euro | -3.1% |
| 2019 | 57,839 Million euro | +0.2% |
| 2020 | 61,162 Million euro | +5.7% |
| 2021 | 65,742 Million euro | +7.5% |
| 2022 | 67,693 Million euro | +3.0% |
| 2023 | 66,390 Million euro | -1.9% |
| 2024 | 69,619 Million euro | +4.9% |
Sweden compared with similar countries
- Sweden's 69,619 Million euro is above the median for Europe & Central Asia, which is 26,846 Million euro, 2.6× the median. (34 countries reporting)
- Sweden's 69,619 Million euro is above the median for high income countries, which is 29,628 Million euro, 2.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Sweden
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4328 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2237 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2063 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.68 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.45 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9766 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.13 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 8.03 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.12 (2050)
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 14th out of 45 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.
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