Sweden Government Debt To GDP

Sweden recorded a Government Debt to GDP of 38.20 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Sweden is reported by the Eurostat. Historically, from 1994 until 2012, Sweden Government Debt To GDP averaged 53.72 Percent reaching an all time high of 73.20 Percent in December of 1996 and a record low of 38.20 Percent in December of 2012. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Sweden Government Debt To GDP.

FROM TO COMPARE
Sweden Government Debt To GDP

Government Last Previous Highest Lowest Forecast Unit Trend
Credit Rating 98.21 Trend
Government Debt To GDP 38.20 Dec/2012 38.40 73.20 38.20 38.18 Dec/2013 Percent Trend
Government External Debt 194943.00 May/2013 193507.00 426313.00 0.00 193642.83 May/2013 SEK Million Trend
Government Spending 241374.00 Feb/2013 241213.00 241374.00 192394.00 235168.50 Mar/2013 SEK Million Trend
Government Budget -0.50 Dec/2012 0.20 3.70 -7.40 -0.55 Dec/2013 Percent of GDP Trend



Government Debt to GDP | Notes

Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.



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