
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