Total shortfall from extreme poverty in Sweden
Sweden: Total shortfall from extreme poverty was 63.58 million international-$ in 2021 prices in 2023. ◆ Volatile
Total shortfall from extreme poverty in Sweden, 1975–2023
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
| Decade | Average | Lowest | Highest | 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
- 58 Sri Lanka 98.27 million international-$ in 2021 prices compare
- 59 Bolivia 86.12 million international-$ in 2021 prices compare
- 60 Canada 64.09 million international-$ in 2021 prices compare
- 62 Chile 55.27 million international-$ in 2021 prices compare
- 63 Poland 54.00 million international-$ in 2021 prices compare
- 64 Romania 52.81 million international-$ in 2021 prices compare
More poverty & inequality data for Sweden
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Fertility rate vs. share living in extreme poverty 1.43 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,456 kg per hectare (2023)
- Tax revenue as share of GDP vs. income inequality 41.4% (2023)
- Gender Inequality Index 0.007 (2023)
- Lifespan inequality: Gini coefficient in women 0.0725 (2023)
- Lifespan inequality: Gini coefficient by sex 0.0725 (2023)
- Lifespan inequality: Gini coefficient in men 0.0823 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 28.0% (2023)
- Income inequality: Atkinson index 0.1694 (2023)
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
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.