Surplus for Swedish central government in Septembe
Post# of 301275
Swedish central government payments resulted in a surplus of SEK 8.4 billion in September. The Debt Office's forecast was a deficit of SEK 7.6 billion. The difference is explained by higher tax income as well as lower disbursements.
Tax income was approximately SEK 8 billion higher than calculated. At the same time, central government spending was approximately SEK 6 billion lower than forecast.
The Debt Office's net lending to government agencies was SEK 2.2 billion lower than calculated. This was primarily due to higher deposits from the Swedish Export Credit Agency.
Interest payments on central government debt were SEK 0.1 billion higher than calculated.
For the twelve-month period up to the end of September 2017, central government payments resulted in a surplus of SEK 50.8 billion.
Central government debt amounted to SEK 1,240 billion at the end September.
The outcome for October will be published on 7 November at 9.30 a.m. On 25 October the Debt Office will publish new forecasts for the Swedish economy and central government borrowing.
Contact
Håkan Carlsson, Senior Analyst +46 (0)8 613 47 33 Robert Sennerdal, Press Secretary, +46 (0)8 613 47 01
| Central government net borrowing requirement 1 (SEK million) | |||||
| Outcome Sep. | Forecast Sep. | Deviation Sep. | Acc. Dev 2 | Outcome 12-month | |
| Net borrowing requirement | -8 352 | 7 607 | -15 959 | -34 846 | -50 807 |
| Primary borrowing requirement excl. net lending 3 | -2 031 | 11 859 | -13 890 | -29 170 | -64 375 |
| Net lending to agencies etc. | -4 802 | -2 642 | -2 161 | -4 344 | 5 461 |
| Interest payments on central government debt | -1 519 | -1 611 | 92 | -1 332 | 8 108 |
| - Interest on loans in SEK | -1 782 | -1 402 | -380 | -1 156 | 9 655 |
| - Interest on loans in foreign currency | 14 | 22 | -8 | -34 | -244 |
| - Realised currency gains and losses | 249 | -231 | 480 | -141 | -1 303 |
| 1 The net borrowing requirement corresponds to the budget balance with opposite sign. | |||||
| 2 Sum of monthly forecast deviations since last forecast (June 2017). | |||||
| 3 Net of the state's primary income and expenditure excluding net lending to agencies. | |||||
More data on the borrowing requirement and government debt:
https://www.riksgalden.se/en/For-investors/Bo...ment-debt/
The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.
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