Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Sweden's budget surplus surpasses forecasts

Share this article

10:18 CET+01:00
The Swedish central government had a surplus in payments of 56.2 billion kronor in February, the highest monthly surplus since June of 2000.

The surplus beat the Swedish National Debt Office's (SNDO) own forecast, which had projected a February surplus of 48.6 billion kronor.

"The surplus thus was 7.6 billion kronor larger than forecast. This is explained by tax revenue being 3 billion kronor higher than expected and disbursements 2 billion lower," the SNDO said.

In addition, net lending fell by 2 billion kronor due to repo transactions by government agencies.

The surplus for the last 12 months ending in February totaled 140 billion kronor, it added.

Get notified about breaking news on The Local

Share this article


From our sponsors

Change the world with a master's degree from Sweden's Linköping University

Master's students at world-leading Linköping University (LiU) aren't there simply to study. They solve real-world problems alongside experts in fields that can create a better tomorrow. Do you have what it takes to join them?