The Decision

Parliament approved the government's evaluation of how the national debt was managed during the period and decided to close the matter.

Does this affect you?

  • Taxpayers: The management of the national debt affects the state's interest costs, which in turn impacts the budget available for public services.
  • Financial market participants: Investors and banks that trade in government securities benefit from a stable and well-functioning market for state debt.

In Practice

  • The national debt decreased from 22 percent of Sweden's total economy (GDP) in 2021 to 19 percent in 2025.
  • The cost of the debt rose sharply in 2022 due to high inflation and a weaker Swedish currency, but has since stabilized.
  • The risk associated with the state's borrowing has remained low throughout the period.
  • The market for government bonds is functioning better than before, although there is still room for improvement.

Background & Purpose

The state needs to borrow money to cover costs, and it is important that this is done as cheaply and safely as possible. Parliament regularly checks if the government and the National Debt Office have managed these loans well.