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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Government Expense (% of GDP) fell to 32.51 Percent in December 2022
World BankYearlyReleased December 2022
Sweden Government Expense (% of GDP) fell to 32.51 Percent in December 2022, down 0.69 Percent from November's 33.2 Percent reading.
Latest Release
32.505108
Actual
—
Consensus
33.198536
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Government Expense (% of GDP) (Sweden) was reported at 32.51 Percent in December 2022. The reading fell from the previous value of 33.20 Percent. This is classified as a medium-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 33.55 Percent, up from the prior three at 31.81 Percent.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Gross Domestic Product YoY (Aug 28).
Auto-generated from current model state · Refreshes on each release · Last update December 2022.
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Government Expense (% of GDP) - SE
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About Government Expense (% of GDP) — Sweden
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection.
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Economic Calendar - SE Events
| Tuesday, August 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:40 | SE | Industrial Inventories QoQ | 11.67 | -1.8 | 4.74 | Low | |
| Wednesday, August 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | SE | Producer Price Index YoY | 7.4 | 6.9 | 7.10 | Low | |
| 06:00 | SE | Producer Price Index MoM | 0.1 | 0.6 | 0.80 | Low | |
| Thursday, August 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | SE | Balance of Trade | 2.6 | 3 | -2.85 | Low | |
| 06:00 | SE | Household Lending Growth YoY | 3.2 | 3.1 | 3.10 | Low | |
| Friday, August 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | SE | Retail Sales YoY | 6.6 | 5.5 | 5.50 | Low | |
| 06:00 | SE | Retail Sales MoM | 1 | -0.6 | -0.60 | Low | |
| 06:00 | SE | Gross Domestic Product YoY | 2.8 | 2.8 | 2.80 | Medium | |
| 07:00 | SE | Consumer Confidence | 97.1 | 96.7 | 97.90 | Low | |
| 07:00 | SE | Business Confidence | 106.3 | 105.5 | 106.15 | Low | |
| 07:00 | SE | Economic Tendency Indicator | 104.7 | 104 | 105.15 | Low | |
| 07:00 | SE | Consumer Inflation Expectation | 5.7 | 5.5 | 4.95 | Low | |