The Swedish government has released the 2026 budget, allocating 575 million kronor to the royal household over the next three years. The budget, a hefty 3,300-page document, outlines a total of 80 billion kronor in investments, with additional funds for defense and support to Ukraine. The royal budget will cover official functions and maintenance of cultural heritage, with a focus on security enhancements.
Swedish Royal Family's Budget Revealed: 575 Million Kronor Allocated
Swedish Royal Family's Budget Revealed: 575 Million Kronor Allocated
The Swedish government has released the budget for 2026. The royal household will receive 575 million kronor over the next three years.
On Monday morning, the 2026 budget was unveiled, a 9.8-kilogram document spanning 3,300 pages.
The budget includes investments totaling nearly 80 billion kronor, based on an agreement between the government and the Sweden Democrats.
In addition to the 80 billion, the government is allocating approximately 50 billion kronor outside the so-called reform space for defense and support to Ukraine.
Funds for the Royal Household
The budget reveals that the royal court and palace administration will receive just over 190 million kronor per year, amounting to almost 576 million kronor over three years. The budget for the royal household is as follows: 190,457,000 in 2026, 193,341,000 in 2027, and 191,722,000 in 2028.
This is in line with the budget for 2025.
“The allocation is to be used to cover expenses for the head of state's official functions, including expenses for the royal family, as well as for the administrative expenses of the Royal Court and Palace Administration,” states the purpose description.
The funds are divided between the Palace Administration, which maintains the royal cultural heritage, and the Royal Court, which covers the royal household's costs for representation, travel, personnel, and living expenses directly linked to the head of state's function. Of the total allocation, 51 percent goes to the Royal Court, while 49 percent goes to the Palace Administration.
Previous allocations to the Palace Administration have funded renovations of the Stockholm Palace facades, and in light of the deteriorating security situation, several security-enhancing measures have been implemented, and an IT security council has been established, according to the performance report.
Dental Reforms and Tax Deductions
It is an expansive budget featuring billion-kronor investments in various areas where the Tidö parties have agreed on a common political line. Several elements of this budget are already known, such as reduced taxes through an additional job tax deduction, reduced electricity tax, and halved food VAT.
According to a government press release, “hard-working people” will have more money in their pockets.
“Now, hard-working people, families, and pensioners will have more money in their pockets. People should feel hopeful and secure about the future, instead of worrying about the economy. This will also help boost the economy and pull us out of the recession,” says Finance Minister Elisabeth Svantesson (M).
Among other things, the government will proceed with dental care reform for seniors.