Surplus for the Swedish central government in July 2021

Sureplus forr The Swedish central government in July 2021

Swedish central governmentt the payments resulted in a surplus by SEK 8.1 billion Im July. The Debt Office Forecasts was a deficit of SEK 6.3 billion. Central government tax income were higher than expected while disbursements from government agencies were lower.

The primary balance was SEK 16.5 billion higher than forecast. This is because tax revenues were around SEK 9 billion higher than estimated, while disbursements from a number of agencies were lower than estimated.

Net Debt Office loans to government agencies etc. were SEK 1.8 billion higher than forecast.

Interest payments on central government debt were SEK 0.4 billion higher than forecast.

For the twelve-month period until the end of July 2021, payments from the central government resulted in a deficit of SEK 56.3 billion.

Central government debt stood at SEK 1 214 billion at the end of July.

The results for August 2021 will be published on September 7 at 9:30 a.m.

The preliminary date for publication of the new forecast for 2021-2023 is October 27.

Contact

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Budget balance and ccentral government net financing requirement1
(SEK million)
Results Forecast Detour Acc. Dev2 Results 12 months
Budget balance 8 123 6 305 14,428 15 688 56,302
Report loan requirement1 8 123 6 305 14,428 15 688 56,302
Primary balance3 -5,432 11,096 -16,528 -12,464 62,028
Net loans to agencies, etc.4 -2 624 -4,375 1,750 -2 842 -19 150
Interest payments on central government debt -66 -417 350 -381 13,424
– Interest on loans in SEK -225 -415 190 -386 14,512
– Interest on foreign currency loans -50 -48 -3 -25 -681
– Realized exchange gains and losses 209 46 163 30 -408
1 The net borrowing requirement corresponds to the budgetary balance of the opposite sign.
2 Sum of monthly forecast deviations since the last forecast.
3 Net of primary government expenditure and income.
4 The net of government agencies, etc., deposits and loans in the state’s internal bank. The net loan includes
both current government operations and temporary events that can be decided in the short term. The Internet
credit affects the net borrowing requirement and central government debt, but is not covered by the
Ceiling on central government spending.

The report Central government debt July 2021 is attached below.

More data on the need for financing and public debt: https://www.riksgalden.se/en/statistics/statistics-on-central-government-borrowing/

The monthly result of the central government net borrowing requirement is included in the official statistics of Sweden.

The Debt Office released its latest forecast for the Swedish economy and central government borrowing on May 27: 2021 forecast and analysis: 2

  • Report: Central government debt July 2021

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