Country Profile: Sweden

Tax to GDP ratio: 45.51

Financial Transactions Tax (FTT): No tax in place

The Swedish financial transaction tax was a 0.5% FTT applied to equity securities, fixed income securities and financial derivatives between 1984 and 1991. It is no longer in place.

Aviation: Yes – tax in place

Domestic flights:

  • 62 SEK
  • VAT on domestic flights: 6%

International flights:

  • 62 SEK for EU
  • 260 SEK outside EU and <60,000km
  • 400 SEK for all other flights

Beneficiary of aviation tax: Not specified

Carbon Price: Yes – Carbon pricing instrument in place

National carbon tax:

  • Coverage: 40% of emissions
  • Price: SEK1,368.30 (US$127.26)
  • Revenue: kr22,500 million (US$2,173 million)
  • Sectors covered: Electricity and heat, Industry, Mining and extractives, Transport, Aviation, Buildings, Agriculture, forestry and fishing fuel use
  • Offsetting: Not permitted

Regional ETS:

  • Coverage: 38% of emissions
  • Price: €57.03 (US$61.30)
  • Revenue: €43,558 million (US$47,369 million)
  • Sectors covered: Electricity and heat, Industry, Mining and extractives, Aviation
  • Offsetting: Not permitted

Source: World Bank

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