Total shortfall from extreme poverty in Sweden

Sweden: Total shortfall from extreme poverty was 63.58 million international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)
63.58 million international-$ in 2021 prices
Change on year
down 38.2%
World rank
61st
of 120 countries
All-time high
102.89 million international-$ in 2021 prices
in 2022
All-time low
2.84 million international-$ in 2021 prices
in 2002
Years of data
29
1975–2023

Total shortfall from extreme poverty in Sweden, 1975–2023

025.0M50.0M75.0M100.0M1975199920231975: 28.9M international-$ in 2021 prices1981: 22.8M international-$ in 2021 prices1987: 8.9M international-$ in 2021 prices1992: 8.7M international-$ in 2021 prices1995: 17.8M international-$ in 2021 prices2000: 7.3M international-$ in 2021 prices2001: 12.2M international-$ in 2021 prices2002: 2.8M international-$ in 2021 prices2003: 24.8M international-$ in 2021 prices2004: 32.1M international-$ in 2021 prices2005: 80.3M international-$ in 2021 prices2006: 26.7M international-$ in 2021 prices2007: 33.7M international-$ in 2021 prices2008: 46.7M international-$ in 2021 prices2009: 34.4M international-$ in 2021 prices2010: 41.1M international-$ in 2021 prices2011: 44.4M international-$ in 2021 prices2012: 37.3M international-$ in 2021 prices2013: 54.4M international-$ in 2021 prices2014: 37.9M international-$ in 2021 prices2015: 36.5M international-$ in 2021 prices2016: 24.3M international-$ in 2021 prices2017: 18.2M international-$ in 2021 prices2018: 68.5M international-$ in 2021 prices2019: 27.1M international-$ in 2021 prices2020: 35.2M international-$ in 2021 prices2021: 54.8M international-$ in 2021 prices2022: 102.9M international-$ in 2021 prices2023: 63.6M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

In 2023, total shortfall from extreme poverty in Sweden stood at 63.58 million international-$ in 2021 prices.

That represents a change of down 38.2% on the previous year and up 17.0% over ten years.

Over the whole period, total shortfall from extreme poverty in Sweden peaked at 102.89 million international-$ in 2021 prices in 2022 and was at its lowest, 2.84 million international-$ in 2021 prices, in 2002.

That places Sweden 61st out of 120 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 28.85 million international-$ in 2021 prices 28.85 million international-$ in 2021 prices 28.85 million international-$ in 2021 prices 1
1980s 15.86 million international-$ in 2021 prices 8.95 million international-$ in 2021 prices 22.77 million international-$ in 2021 prices 2
1990s 13.24 million international-$ in 2021 prices 8.70 million international-$ in 2021 prices 17.79 million international-$ in 2021 prices 2
2000s 30.12 million international-$ in 2021 prices 2.84 million international-$ in 2021 prices 80.25 million international-$ in 2021 prices 10
2010s 38.95 million international-$ in 2021 prices 18.17 million international-$ in 2021 prices 68.50 million international-$ in 2021 prices 10
2020s 64.12 million international-$ in 2021 prices 35.19 million international-$ in 2021 prices 102.89 million international-$ in 2021 prices 4

Countries ranked near Sweden

  1. 58 Sri Lanka 98.27 million international-$ in 2021 prices compare
  2. 59 Bolivia 86.12 million international-$ in 2021 prices compare
  3. 60 Canada 64.09 million international-$ in 2021 prices compare
  4. 62 Chile 55.27 million international-$ in 2021 prices compare
  5. 63 Poland 54.00 million international-$ in 2021 prices compare
  6. 64 Romania 52.81 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Sweden

All data for Sweden →

Frequently asked questions

What is total shortfall from extreme poverty in Sweden?
Total shortfall from extreme poverty in Sweden was 63.58 million international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Sweden?
The highest recorded value was 102.89 million international-$ in 2021 prices in 2022.
What is the lowest total shortfall from extreme poverty recorded in Sweden?
The lowest recorded value was 2.84 million international-$ in 2021 prices in 2002.
How does Sweden rank for total shortfall from extreme poverty?
Sweden ranks 61st out of 120 countries with data for 2023.
Is total shortfall from extreme poverty rising or falling in Sweden?
Over the last ten years it is up 17.0%. The long-run trend across the full record is volatile.
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 Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.