Politics For MembersIN NUMBERS: What's in Sweden's 2026 budget? Sweden's finance minister Elisabeth Svantesson as she took the traditional 'budget walk' from the government offices to the Swedish parliament. Photo: Jessica Gow/TTThe government is next year set to hike government spending by 100 billion kronor to 1.5 trillion kronor, with the deficit of 167 billion close to those seen in the aftermath of the Covid-19 pandemic and the 1993 and 2008 financial crises. Here are the main numbers (all in kronor). AdvertisementTHE BIG PICTURE 1,542 billion – Total government spending planned for 20261,315 billion – Total government income expected in 2026167 billion – Government deficit expected in 202678.8 billion – Fiscal space for reforms (reformutrymme) Historical deficits for comparison: 220 billion – Post Covid-19 pandemic176 billion – 2008 financial crisis211 billion – 1990s Swedish banking crisis WHAT ARE THEY SPENDING IT ON?