Poverty: Share of population living on less than $40 a day in Sweden

Sweden: Poverty: Share of population living on less than $40 a day was 24.5% in 2023. ▼ Falling

Latest (2023)
24.5%
Change on year
up 1.0%
World rank
107th
of 120 countries
All-time high
78.1%
in 1975
All-time low
23.2%
in 2020
Years of data
29
1975–2023

Poverty: Share of population living on less than $40 a day in Sweden, 1975–2023

204060801975199920231975: 78.1 %1981: 74.6 %1987: 69.6 %1992: 56.7 %1995: 60.2 %2000: 51.5 %2001: 48.5 %2002: 45.2 %2003: 50.1 %2004: 49.3 %2005: 46.9 %2006: 42.3 %2007: 37.4 %2008: 35.9 %2009: 33.5 %2010: 33 %2011: 31.6 %2012: 30 %2013: 28.8 %2014: 27.9 %2015: 25.7 %2016: 25.7 %2017: 25.3 %2018: 25.6 %2019: 24 %2020: 23.2 %2021: 23.4 %2022: 24.2 %2023: 24.5 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty: share of population living on less than $40 a day in Sweden is 24.5%, measured in 2023.

The figure is up 1.0% on the previous year and down 15.0% over ten years.

Over the whole period, poverty: share of population living on less than $40 a day in Sweden peaked at 78.1% in 1975 and was at its lowest, 23.2%, in 2020.

Sweden ranks 107th of 120 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 29 years of available data.

Poverty: Share of population living on less than $40 a day in Sweden, year by year

Annual values for Poverty: Share of population living on less than $40 a day in Sweden, 1975 to 2023.
Year % Change
1975 78.1%
1981 74.6% -4.5%
1987 69.6% -6.7%
1992 56.7% -18.5%
1995 60.2% +6.2%
2000 51.5% -14.5%
2001 48.5% -5.8%
2002 45.2% -6.8%
2003 50.1% +10.9%
2004 49.3% -1.7%
2005 46.9% -4.8%
2006 42.3% -9.8%
2007 37.4% -11.6%
2008 35.9% -3.9%
2009 33.5% -6.7%
2010 33.0% -1.5%
2011 31.6% -4.5%
2012 30.0% -4.8%
2013 28.8% -4.1%
2014 27.9% -3.2%
2015 25.7% -7.7%
2016 25.7% -0.2%
2017 25.3% -1.6%
2018 25.6% +1.3%
2019 24.0% -6.1%
2020 23.2% -3.6%
2021 23.4% +0.9%
2022 24.2% +3.6%
2023 24.5% +1.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 78.1% 78.1% 78.1% 1
1980s 72.1% 69.6% 74.6% 2
1990s 58.5% 56.7% 60.2% 2
2000s 44.1% 33.5% 51.5% 10
2010s 27.8% 24.0% 33.0% 10
2020s 23.8% 23.2% 24.5% 4

Countries ranked near Sweden

  1. 104 Cyprus 29.3% compare
  2. 105 Malta 26.1% compare
  3. 106 France 25.6% compare
  4. 108 Australia 22.8% compare
  5. 109 United States 22.6% compare
  6. 110 Finland 21.2% compare

See the full ranking of 120 places →

More poverty & inequality data for Sweden

All data for Sweden →

Frequently asked questions

What is poverty: share of population living on less than $40 a day in Sweden?
Poverty: share of population living on less than $40 a day in Sweden was 24.5% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $40 a day recorded in Sweden?
The highest recorded value was 78.1% in 1975.
What is the lowest poverty: share of population living on less than $40 a day recorded in Sweden?
The lowest recorded value was 23.2% in 2020.
How does Sweden rank for poverty: share of population living on less than $40 a day?
Sweden ranks 107th out of 120 countries with data for 2023.
Is poverty: share of population living on less than $40 a day rising or falling in Sweden?
Over the last ten years it is down 15.0%. The long-run trend across the full record is falling.
Where does this Sweden data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $40 a day in Sweden. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 02 September 2026, from https://poverty.statizoid.com/stat/poverty-share-of-population-living-on-less-than-40-a-day/sweden/

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About this data

Indicator
Poverty: Share of population living on less than $40 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $40 per day.