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  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_currency_CHF_019ef91c-200b-70ec-ab65-ad237d6a266c_terseLabel_en-US" xlink:label="lab_currency_CHF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CHF</link:label>
    <link:label id="lab_currency_CHF_label_en-US" xlink:label="lab_currency_CHF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Switzerland, Francs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_CHF" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CHF"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CHF" xlink:to="lab_currency_CHF" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_019ef91c-20b9-74ce-b223-c55544705ceb_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items to be reclassified to profit or loss</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019ef91c-200b-7f06-9200-b1a565ed8469_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value of financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativesMember_019ef91c-20b9-7bef-a1f2-47c6b48c1a0f_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativesMember_label_en-US" xlink:label="lab_ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativesMember" xlink:to="lab_ifrs-full_DerivativesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LiquidityInflows_019ef91c-200a-7e79-b9eb-3dcb3df097ea_terseLabel_en-US" xlink:label="lab_sek_LiquidityInflows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liquidity inflows</link:label>
    <link:label id="lab_sek_LiquidityInflows_label_en-US" xlink:label="lab_sek_LiquidityInflows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity Inflows</link:label>
    <link:label id="lab_sek_LiquidityInflows_documentation_en-US" xlink:label="lab_sek_LiquidityInflows" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of liquidity inflows used in calculate liquidity coverage ratio, calculated in accordance with the Commission Delegated Regulation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LiquidityInflows" xlink:href="sek-20260630.xsd#sek_LiquidityInflows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LiquidityInflows" xlink:to="lab_sek_LiquidityInflows" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpense_019ef91c-200b-7aad-878e-861065545bd1_negatedLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expenses</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_019ef91c-200b-7d56-af35-7b2f993631c7_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total interest expenses</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_label_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpense" xlink:to="lab_ifrs-full_InterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities_019ef91c-200a-73a2-8fac-4077f67795dd_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (+) and losses (-) through profit or loss</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in profit or loss excluding exchange differences, fair value measurement, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:to="lab_ifrs-full_GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CollateralProvidedAbstract_019ef91c-200b-7fdd-a307-aea8db46c032_terseLabel_en-US" xlink:label="lab_sek_CollateralProvidedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral provided</link:label>
    <link:label id="lab_sek_CollateralProvidedAbstract_label_en-US" xlink:label="lab_sek_CollateralProvidedAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral Provided [Abstract]</link:label>
    <link:label id="lab_sek_CollateralProvidedAbstract_documentation_en-US" xlink:label="lab_sek_CollateralProvidedAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CollateralProvidedAbstract" xlink:href="sek-20260630.xsd#sek_CollateralProvidedAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CollateralProvidedAbstract" xlink:to="lab_sek_CollateralProvidedAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship_019f6549-be0f-7f26-b741-ee8c8e9aa907_negatedLabel_en-US" xlink:label="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Sensitivity correlations maximum negative relationship</link:label>
    <link:label id="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship_label_en-US" xlink:label="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity Correlations Significant Unobservable Inputs Maximum Negative Relationship</link:label>
    <link:label id="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship_documentation_en-US" xlink:label="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The value of sensitivity analysis of correlation significant unobservable inputs maximum negative relationship.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship" xlink:href="sek-20260630.xsd#sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship" xlink:to="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumNegativeRelationship" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock_019ef91c-20b9-74fc-9bad-e9e1e4d7b0d5_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of net interest income</link:label>
    <link:label id="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Interest Revenue [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of net interest income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfNetInterestRevenueTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfNetInterestRevenueTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfNetInterestRevenueTableTextBlock" xlink:to="lab_sek_DisclosureOfNetInterestRevenueTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LoansAndAdvancesToBanks_019ef91c-200b-7079-bbc8-e6c964b396b7_terseLabel_en-US" xlink:label="lab_ifrs-full_LoansAndAdvancesToBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans to credit institutions</link:label>
    <link:label id="lab_ifrs-full_LoansAndAdvancesToBanks_label_en-US" xlink:label="lab_ifrs-full_LoansAndAdvancesToBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and advances to banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LoansAndAdvancesToBanks" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LoansAndAdvancesToBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoansAndAdvancesToBanks" xlink:to="lab_ifrs-full_LoansAndAdvancesToBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_019ef91c-200b-779e-a806-88bcc7983012_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingExpense_019ef91c-20b9-769d-9e10-bb6002e90e33_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:label id="lab_ifrs-full_OperatingExpense_label_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingExpense" xlink:to="lab_ifrs-full_OperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesDomain_019ef91c-20b9-77f8-a053-9ef521f137b1_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesDomain" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments_019ef91c-200b-7ea2-a9bf-efa2b9a399f8_terseLabel_en-US" xlink:label="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 (CET1) capital before regulatory adjustments</link:label>
    <link:label id="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments_label_en-US" xlink:label="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity Tier One Capital Before Regulatory Adjustments</link:label>
    <link:label id="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments_documentation_en-US" xlink:label="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Common Equity Tier 1 (CET1) capital before regulatory adjustments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments" xlink:href="sek-20260630.xsd#sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments" xlink:to="lab_sek_CommonEquityTierOneCapitalBeforeRegulatoryAdjustments" xlink:type="arc" order="1"/>
    <link:label id="lab_country_SK_019ef91c-20b9-706e-80a2-a0eeaa458428_terseLabel_en-US" xlink:label="lab_country_SK" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Slovakia</link:label>
    <link:label id="lab_country_SK_label_en-US" xlink:label="lab_country_SK" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SLOVAKIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_SK" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_SK"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_SK" xlink:to="lab_country_SK" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetLiquidityOutflows_019ef91c-200b-7015-9fdb-db8633aa8fd5_terseLabel_en-US" xlink:label="lab_sek_NetLiquidityOutflows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net liquidity outflows</link:label>
    <link:label id="lab_sek_NetLiquidityOutflows_label_en-US" xlink:label="lab_sek_NetLiquidityOutflows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Liquidity Outflows</link:label>
    <link:label id="lab_sek_NetLiquidityOutflows_documentation_en-US" xlink:label="lab_sek_NetLiquidityOutflows" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of net liquidity outflows used in calculate liquidity coverage ratio, calculated in accordance with the Commission Delegated Regulation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetLiquidityOutflows" xlink:href="sek-20260630.xsd#sek_NetLiquidityOutflows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetLiquidityOutflows" xlink:to="lab_sek_NetLiquidityOutflows" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Equity_019ef91c-200a-7410-aaab-dee4b6ea37ac_totalLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total equity</link:label>
    <link:label id="lab_ifrs-full_Equity_019ef91c-200a-764c-a943-097e74703d36_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_Equity_019ef91c-200a-7c56-b6ad-1ce926e34f0c_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at the end of the period</link:label>
    <link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CorrelationMeasurementInputMember_019ef91c-200b-7991-99f6-c60da6b3c624_terseLabel_en-US" xlink:label="lab_sek_CorrelationMeasurementInputMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Correlation input</link:label>
    <link:label id="lab_sek_CorrelationMeasurementInputMember_label_en-US" xlink:label="lab_sek_CorrelationMeasurementInputMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Correlation Measurement Input [Member]</link:label>
    <link:label id="lab_sek_CorrelationMeasurementInputMember_documentation_en-US" xlink:label="lab_sek_CorrelationMeasurementInputMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for the correlation used as a measurement input.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CorrelationMeasurementInputMember" xlink:href="sek-20260630.xsd#sek_CorrelationMeasurementInputMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CorrelationMeasurementInputMember" xlink:to="lab_sek_CorrelationMeasurementInputMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LoansAndOffBalance_019ef91c-200a-7c7b-9516-941def89421d_terseLabel_en-US" xlink:label="lab_sek_LoansAndOffBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans and off balance</link:label>
    <link:label id="lab_sek_LoansAndOffBalance_019ef91c-200a-7119-9ec6-65e0dca56552_periodStartLabel_en-US" xlink:label="lab_sek_LoansAndOffBalance" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Opening balance January 1</link:label>
    <link:label id="lab_sek_LoansAndOffBalance_019ef91c-200a-711e-b66e-ec196e904c59_periodEndLabel_en-US" xlink:label="lab_sek_LoansAndOffBalance" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Closing balance</link:label>
    <link:label id="lab_sek_LoansAndOffBalance_label_en-US" xlink:label="lab_sek_LoansAndOffBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and Off-Balance</link:label>
    <link:label id="lab_sek_LoansAndOffBalance_documentation_en-US" xlink:label="lab_sek_LoansAndOffBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of loans and offbalance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LoansAndOffBalance" xlink:href="sek-20260630.xsd#sek_LoansAndOffBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LoansAndOffBalance" xlink:to="lab_sek_LoansAndOffBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_019ef91c-200a-7d81-9075-ddf6fd53233f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OffBalanceInstrumentsMember_019ef91c-200a-756c-b351-11c5c66f30ab_terseLabel_en-US" xlink:label="lab_sek_OffBalanceInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Off-balance sheet</link:label>
    <link:label id="lab_sek_OffBalanceInstrumentsMember_label_en-US" xlink:label="lab_sek_OffBalanceInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Off-Balance Instruments [Member]</link:label>
    <link:label id="lab_sek_OffBalanceInstrumentsMember_documentation_en-US" xlink:label="lab_sek_OffBalanceInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents off balance instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OffBalanceInstrumentsMember" xlink:href="sek-20260630.xsd#sek_OffBalanceInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OffBalanceInstrumentsMember" xlink:to="lab_sek_OffBalanceInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship_019ef91c-200a-79dc-8c09-e90281cde1e7_terseLabel_en-US" xlink:label="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, correlations maximum positive relationship</link:label>
    <link:label id="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship_label_en-US" xlink:label="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity Correlations Significant Unobservable Inputs Maximum Positive Relationship</link:label>
    <link:label id="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship_documentation_en-US" xlink:label="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The value of sensitivity analysis of correlation significant unobservable inputs maximum positive relationship.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship" xlink:href="sek-20260630.xsd#sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship" xlink:to="lab_sek_SensitivityCorrelationsSignificantUnobservableInputsMaximumPositiveRelationship" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_019ef91c-200b-73b9-98f3-7ac0614e62ca_verboseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Summary of changes in equity</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAssets_019ef91c-200b-77c4-b103-a36fe411302b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_ifrs-full_OtherAssets_label_en-US" xlink:label="lab_ifrs-full_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssets" xlink:to="lab_ifrs-full_OtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_019ef91c-20b9-747a-8a5b-1d37346aab1c_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items not to be reclassified to profit or loss</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_019ef91c-200a-7d92-8d53-a1154e9ef704_terseLabel_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1</link:label>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_EuropeanCountriesExcludingSwedenMember_019ef91c-200a-7b3f-ad8c-ebf926b03166_terseLabel_en-US" xlink:label="lab_sek_EuropeanCountriesExcludingSwedenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_sek_EuropeanCountriesExcludingSwedenMember_label_en-US" xlink:label="lab_sek_EuropeanCountriesExcludingSwedenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">European Countries Excluding Sweden [Member]</link:label>
    <link:label id="lab_sek_EuropeanCountriesExcludingSwedenMember_documentation_en-US" xlink:label="lab_sek_EuropeanCountriesExcludingSwedenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Region of European countries excluding Sweden.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_EuropeanCountriesExcludingSwedenMember" xlink:href="sek-20260630.xsd#sek_EuropeanCountriesExcludingSwedenMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_EuropeanCountriesExcludingSwedenMember" xlink:to="lab_sek_EuropeanCountriesExcludingSwedenMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DebtInterestRateRelatedContractsMember_019ef91c-200b-7789-a783-d773335e6b83_terseLabel_en-US" xlink:label="lab_sek_DebtInterestRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate-related contracts</link:label>
    <link:label id="lab_sek_DebtInterestRateRelatedContractsMember_label_en-US" xlink:label="lab_sek_DebtInterestRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Interest Rate Related Contracts [Member]</link:label>
    <link:label id="lab_sek_DebtInterestRateRelatedContractsMember_documentation_en-US" xlink:label="lab_sek_DebtInterestRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents debt interest rate related contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DebtInterestRateRelatedContractsMember" xlink:href="sek-20260630.xsd#sek_DebtInterestRateRelatedContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DebtInterestRateRelatedContractsMember" xlink:to="lab_sek_DebtInterestRateRelatedContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_019ef91c-200a-7086-90c7-da8402fa8ba6_verboseLabel_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">of which Capital conservation buffer</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_019ef91c-200a-7b3a-a92b-0b2af17a37a3_terseLabel_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mandatory capital conservation buffer</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_label_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institution Specific Common Equity Tier One Capital Ratio Capital Conservation Buffer</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_documentation_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, Capital Conservation Buffer as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:href="sek-20260630.xsd#sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:to="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:type="arc" order="1"/>
    <link:label id="lab_country_RS_019ef91c-200a-773d-b5c3-5bf1d06b9a8b_terseLabel_en-US" xlink:label="lab_country_RS" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Serbia</link:label>
    <link:label id="lab_country_RS_label_en-US" xlink:label="lab_country_RS" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SERBIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_RS" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_RS"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_RS" xlink:to="lab_country_RS" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets_019ef91c-200b-7ecf-9d24-486d8b0a8c24_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input depreciation, assets</link:label>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets_label_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible decrease in unobservable input, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LiquidityReserve_019ef91c-200a-7319-9207-8238a504005a_terseLabel_en-US" xlink:label="lab_sek_LiquidityReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liquidity reserve</link:label>
    <link:label id="lab_sek_LiquidityReserve_label_en-US" xlink:label="lab_sek_LiquidityReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity Reserve</link:label>
    <link:label id="lab_sek_LiquidityReserve_documentation_en-US" xlink:label="lab_sek_LiquidityReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of liquidity reserve.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LiquidityReserve" xlink:href="sek-20260630.xsd#sek_LiquidityReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LiquidityReserve" xlink:to="lab_sek_LiquidityReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_019ef91c-200a-7ae8-9c2b-ca14b83ac211_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2</link:label>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_019ef91c-200b-7738-8302-f10e25a2d066_negatedLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividend, paid</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_019ef91c-200a-7641-9977-a8ff064bc7e4_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, category</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value through profit or loss, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TotalLiquidAssets_019ef91c-200b-7e4d-af8a-b12f228342b5_terseLabel_en-US" xlink:label="lab_sek_TotalLiquidAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liquid assets</link:label>
    <link:label id="lab_sek_TotalLiquidAssets_label_en-US" xlink:label="lab_sek_TotalLiquidAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Liquid Assets</link:label>
    <link:label id="lab_sek_TotalLiquidAssets_documentation_en-US" xlink:label="lab_sek_TotalLiquidAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of liquid assets used in calculate liquidity coverage ratio, calculated in accordance with the Commission Delegated Regulation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TotalLiquidAssets" xlink:href="sek-20260630.xsd#sek_TotalLiquidAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TotalLiquidAssets" xlink:to="lab_sek_TotalLiquidAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_FinancialInstitutionsMember_019ef91c-200a-7e40-afd2-4451a3e6bcb6_terseLabel_en-US" xlink:label="lab_sek_FinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial institutions</link:label>
    <link:label id="lab_sek_FinancialInstitutionsMember_label_en-US" xlink:label="lab_sek_FinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Institutions [Member]</link:label>
    <link:label id="lab_sek_FinancialInstitutionsMember_documentation_en-US" xlink:label="lab_sek_FinancialInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Financial institutions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_FinancialInstitutionsMember" xlink:href="sek-20260630.xsd#sek_FinancialInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_FinancialInstitutionsMember" xlink:to="lab_sek_FinancialInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod_019ef91c-20b9-7c75-bffd-691094b9722b_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income using effective interest method</link:label>
    <link:label id="lab_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod_label_en-US" xlink:label="lab_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest revenue calculated using effective interest method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:to="lab_ifrs-full_InterestRevenueCalculatedUsingEffectiveInterestMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities_019ef91c-200a-754d-9132-0f4effcbb91c_terseLabel_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange rate differences</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities_label_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Profit Or Loss, Fair Value Measurement, Currency Exchange Rate Effects, Derivative, Net Assets (Liabilities)</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities_documentation_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) in assets (liabilities) due to gains (losses) recognised in profit or loss on the fair value measurement of exchange-rate effects on net assets and liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities" xlink:href="sek-20260630.xsd#sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities" xlink:to="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsDerivativeNetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PillarTwoGuidanceForLeverageRatio_019ef91c-200b-79d9-926f-ffeb85989c83_terseLabel_en-US" xlink:label="lab_sek_PillarTwoGuidanceForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pillar 2 guidance</link:label>
    <link:label id="lab_sek_PillarTwoGuidanceForLeverageRatio_label_en-US" xlink:label="lab_sek_PillarTwoGuidanceForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pillar Two Guidance For Leverage Ratio</link:label>
    <link:label id="lab_sek_PillarTwoGuidanceForLeverageRatio_documentation_en-US" xlink:label="lab_sek_PillarTwoGuidanceForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pillar Two Guidance For Leverage Ratio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PillarTwoGuidanceForLeverageRatio" xlink:href="sek-20260630.xsd#sek_PillarTwoGuidanceForLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PillarTwoGuidanceForLeverageRatio" xlink:to="lab_sek_PillarTwoGuidanceForLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities_019ef91c-200a-72f0-a6df-d64e90749636_terseLabel_en-US" xlink:label="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input appreciation, liabilities</link:label>
    <link:label id="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities_label_en-US" xlink:label="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reasonably Possible Increase In Unobservable Input, Liabilities</link:label>
    <link:label id="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities_documentation_en-US" xlink:label="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reasonably Possible Increase In Unobservable Input, Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:href="sek-20260630.xsd#sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:to="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember_019ef91c-200b-7fbf-8d1d-f6c28c6559c6_terseLabel_en-US" xlink:label="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing securities excluding loans in the form of interest-bearing securities</link:label>
    <link:label id="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember_label_en-US" xlink:label="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Bearing Securities Excluding Loans In Form Of Interest Bearing Securities [Member]</link:label>
    <link:label id="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember_documentation_en-US" xlink:label="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for interest-bearing securities excluding loans in the form of interest-bearing securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember" xlink:href="sek-20260630.xsd#sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember" xlink:to="lab_sek_InterestBearingSecuritiesExcludingLoansInFormOfInterestBearingSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FeeAndCommissionIncomeExpense_019ef91c-20b9-7fef-bb7a-d71a8902904e_terseLabel_en-US" xlink:label="lab_ifrs-full_FeeAndCommissionIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net fee and commission expense</link:label>
    <link:label id="lab_ifrs-full_FeeAndCommissionIncomeExpense_label_en-US" xlink:label="lab_ifrs-full_FeeAndCommissionIncomeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fee and commission income (expense)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FeeAndCommissionIncomeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FeeAndCommissionIncomeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FeeAndCommissionIncomeExpense" xlink:to="lab_ifrs-full_FeeAndCommissionIncomeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_019ef91c-200b-7aaf-9926-817c3b4daa9c_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments under fair value hedge accounting</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) on hedge ineffectiveness recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_019f1d2f-9d8e-7e63-9788-973bf4660550_terseLabel_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, assets</link:label>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets_label_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:to="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_019ef91c-20b9-76bb-9ae6-2315b40b8273_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_A2Member_019f22b7-9c48-7254-833d-580a4dcfe705_terseLabel_en-US" xlink:label="lab_sek_A2Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2%</link:label>
    <link:label id="lab_sek_A2Member_label_en-US" xlink:label="lab_sek_A2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2% [Member]</link:label>
    <link:label id="lab_sek_A2Member_documentation_en-US" xlink:label="lab_sek_A2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">2%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_A2Member" xlink:href="sek-20260630.xsd#sek_A2Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_A2Member" xlink:to="lab_sek_A2Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable_019ef91c-200a-7973-b139-3149917f127d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_019ef91c-20b9-719b-8d4f-ed0bf8293ca1_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PercentageOfRiskBasedCapitalRequirements_019f22b2-b1c6-7574-a970-81db3dee67b2_totalLabel_en-US" xlink:label="lab_sek_PercentageOfRiskBasedCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total risk-based capital requirement including Pillar 2 guidance</link:label>
    <link:label id="lab_sek_PercentageOfRiskBasedCapitalRequirements_label_en-US" xlink:label="lab_sek_PercentageOfRiskBasedCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Risk Based Capital Requirements</link:label>
    <link:label id="lab_sek_PercentageOfRiskBasedCapitalRequirements_documentation_en-US" xlink:label="lab_sek_PercentageOfRiskBasedCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of total risk-based capital requirement.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PercentageOfRiskBasedCapitalRequirements" xlink:href="sek-20260630.xsd#sek_PercentageOfRiskBasedCapitalRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PercentageOfRiskBasedCapitalRequirements" xlink:to="lab_sek_PercentageOfRiskBasedCapitalRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_BusinessIndicatorComponent_019f22ce-83cd-70df-ada9-17f9d54c8551_terseLabel_en-US" xlink:label="lab_sek_BusinessIndicatorComponent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Indicator Component</link:label>
    <link:label id="lab_sek_BusinessIndicatorComponent_label_en-US" xlink:label="lab_sek_BusinessIndicatorComponent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Indicator Component</link:label>
    <link:label id="lab_sek_BusinessIndicatorComponent_documentation_en-US" xlink:label="lab_sek_BusinessIndicatorComponent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Indicator Component</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_BusinessIndicatorComponent" xlink:href="sek-20260630.xsd#sek_BusinessIndicatorComponent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_BusinessIndicatorComponent" xlink:to="lab_sek_BusinessIndicatorComponent" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PercentageOfPillarTwoCapitalRequirements_019ef91c-20b9-7a84-8a6a-14018428f99c_terseLabel_en-US" xlink:label="lab_sek_PercentageOfPillarTwoCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pillar 2 capital requirements</link:label>
    <link:label id="lab_sek_PercentageOfPillarTwoCapitalRequirements_label_en-US" xlink:label="lab_sek_PercentageOfPillarTwoCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Pillar Two Capital Requirements</link:label>
    <link:label id="lab_sek_PercentageOfPillarTwoCapitalRequirements_documentation_en-US" xlink:label="lab_sek_PercentageOfPillarTwoCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of pillar two capital requirements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PercentageOfPillarTwoCapitalRequirements" xlink:href="sek-20260630.xsd#sek_PercentageOfPillarTwoCapitalRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PercentageOfPillarTwoCapitalRequirements" xlink:to="lab_sek_PercentageOfPillarTwoCapitalRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember_019ef91c-200b-792a-9222-cba00ee41156_terseLabel_en-US" xlink:label="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Covered bonds issued by other institutions</link:label>
    <link:label id="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember_label_en-US" xlink:label="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Covered Bonds Issued By Other Institutions [Member]</link:label>
    <link:label id="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember_documentation_en-US" xlink:label="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Covered bonds issued by other institutions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CoveredBondsIssuedByOtherInstitutionsMember" xlink:href="sek-20260630.xsd#sek_CoveredBondsIssuedByOtherInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CoveredBondsIssuedByOtherInstitutionsMember" xlink:to="lab_sek_CoveredBondsIssuedByOtherInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_019ef91c-20b9-79fc-af13-6e83ca3b6ddb_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_019ef91c-20b9-78dd-bb9c-042da6c400c1_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total comprehensive income</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExplanatory_019ef91c-200a-798c-872d-0cbf0f6aac8c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of fair value related to credit risk</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarnings_019ef91c-200b-7b1c-9927-87413538e3e2_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarnings_label_en-US" xlink:label="lab_ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarnings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarnings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarnings" xlink:to="lab_ifrs-full_RetainedEarnings" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LoansAndInterestBearingSecuritiesMember_019ef91c-200a-7906-b427-7de939ec8613_terseLabel_en-US" xlink:label="lab_sek_LoansAndInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing securities and lending</link:label>
    <link:label id="lab_sek_LoansAndInterestBearingSecuritiesMember_label_en-US" xlink:label="lab_sek_LoansAndInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans And Interest Bearing Securities [Member]</link:label>
    <link:label id="lab_sek_LoansAndInterestBearingSecuritiesMember_documentation_en-US" xlink:label="lab_sek_LoansAndInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for loans and interest bearing securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LoansAndInterestBearingSecuritiesMember" xlink:href="sek-20260630.xsd#sek_LoansAndInterestBearingSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LoansAndInterestBearingSecuritiesMember" xlink:to="lab_sek_LoansAndInterestBearingSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock_019ef91c-200b-7ce1-b7ff-40d176ffebe9_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of capital adequacy</link:label>
    <link:label id="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Capital Adequacy [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of capital adequacy.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfCapitalAdequacyTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfCapitalAdequacyTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfCapitalAdequacyTableTextBlock" xlink:to="lab_sek_DisclosureOfCapitalAdequacyTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets_019ef91c-20b9-74d7-9745-19dfeb69492e_negatedLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Decreases due to derecognition</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease through derecognition, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughDerecognitionFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:to="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetStableFundingRatio_019ef91c-20b9-780d-80b3-651bdc8c4117_terseLabel_en-US" xlink:label="lab_sek_NetStableFundingRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net stable funding ratio</link:label>
    <link:label id="lab_sek_NetStableFundingRatio_label_en-US" xlink:label="lab_sek_NetStableFundingRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Stable Funding Ratio</link:label>
    <link:label id="lab_sek_NetStableFundingRatio_documentation_en-US" xlink:label="lab_sek_NetStableFundingRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net stable funding ratio calculated in accordance with the Commission Delegated Regulation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetStableFundingRatio" xlink:href="sek-20260630.xsd#sek_NetStableFundingRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetStableFundingRatio" xlink:to="lab_sek_NetStableFundingRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfAvailableStableFunding_019ef91c-200b-702b-8d09-97b68984aa44_terseLabel_en-US" xlink:label="lab_sek_AmountOfAvailableStableFunding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available stable funding</link:label>
    <link:label id="lab_sek_AmountOfAvailableStableFunding_label_en-US" xlink:label="lab_sek_AmountOfAvailableStableFunding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Available Stable Funding</link:label>
    <link:label id="lab_sek_AmountOfAvailableStableFunding_documentation_en-US" xlink:label="lab_sek_AmountOfAvailableStableFunding" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of available stable funding.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfAvailableStableFunding" xlink:href="sek-20260630.xsd#sek_AmountOfAvailableStableFunding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfAvailableStableFunding" xlink:to="lab_sek_AmountOfAvailableStableFunding" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_019ef91c-200a-7346-8368-79e97cbbb7f2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_019ef91c-200a-7895-bb98-82fee05127f3_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalAdequacyAndLiquiditySituationAbstract_label_en-US" xlink:label="lab_sek_CapitalAdequacyAndLiquiditySituationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Adequacy and Liquidity Situation [Abstract]</link:label>
    <link:label id="lab_sek_CapitalAdequacyAndLiquiditySituationAbstract_documentation_en-US" xlink:label="lab_sek_CapitalAdequacyAndLiquiditySituationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalAdequacyAndLiquiditySituationAbstract" xlink:href="sek-20260630.xsd#sek_CapitalAdequacyAndLiquiditySituationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalAdequacyAndLiquiditySituationAbstract" xlink:to="lab_sek_CapitalAdequacyAndLiquiditySituationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CommonEquityTierOneRatio_019ef91c-200a-7fd0-b802-c587161fab8b_terseLabel_en-US" xlink:label="lab_sek_CommonEquityTierOneRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 capital ratio</link:label>
    <link:label id="lab_sek_CommonEquityTierOneRatio_label_en-US" xlink:label="lab_sek_CommonEquityTierOneRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity Tier One Ratio</link:label>
    <link:label id="lab_sek_CommonEquityTierOneRatio_documentation_en-US" xlink:label="lab_sek_CommonEquityTierOneRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of common equity tier one risk-based capital to total risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CommonEquityTierOneRatio" xlink:href="sek-20260630.xsd#sek_CommonEquityTierOneRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CommonEquityTierOneRatio" xlink:to="lab_sek_CommonEquityTierOneRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CreditRiskInDerivativesMember_019ef91c-200b-7cbb-85d8-cd5ad9821ecc_terseLabel_en-US" xlink:label="lab_sek_CreditRiskInDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty risk in derivatives</link:label>
    <link:label id="lab_sek_CreditRiskInDerivativesMember_label_en-US" xlink:label="lab_sek_CreditRiskInDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk In Derivatives [Member]</link:label>
    <link:label id="lab_sek_CreditRiskInDerivativesMember_documentation_en-US" xlink:label="lab_sek_CreditRiskInDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents credit risk in derivatives.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CreditRiskInDerivativesMember" xlink:href="sek-20260630.xsd#sek_CreditRiskInDerivativesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CreditRiskInDerivativesMember" xlink:to="lab_sek_CreditRiskInDerivativesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Assets_019ef91c-200b-7eb9-894a-75ef98c070e9_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_019ef91c-20b9-7d09-a9cd-c8bf2432bf66_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksDomain" xlink:to="lab_ifrs-full_TypesOfRisksDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InterestRateRelatedContractsMember_019ef91c-200a-7c2e-a034-d9b7163fc620_terseLabel_en-US" xlink:label="lab_sek_InterestRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate-related contracts</link:label>
    <link:label id="lab_sek_InterestRateRelatedContractsMember_label_en-US" xlink:label="lab_sek_InterestRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate-Related Contracts [Member]</link:label>
    <link:label id="lab_sek_InterestRateRelatedContractsMember_documentation_en-US" xlink:label="lab_sek_InterestRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents interest rate-related contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InterestRateRelatedContractsMember" xlink:href="sek-20260630.xsd#sek_InterestRateRelatedContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InterestRateRelatedContractsMember" xlink:to="lab_sek_InterestRateRelatedContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_WeightOfDownturnScenario_019ef91c-200b-783d-881a-eada4f92c363_terseLabel_en-US" xlink:label="lab_sek_WeightOfDownturnScenario" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weight of downturn scenario</link:label>
    <link:label id="lab_sek_WeightOfDownturnScenario_label_en-US" xlink:label="lab_sek_WeightOfDownturnScenario" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weight Of Downturn Scenario</link:label>
    <link:label id="lab_sek_WeightOfDownturnScenario_documentation_en-US" xlink:label="lab_sek_WeightOfDownturnScenario" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weight Of Downturn Scenario</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_WeightOfDownturnScenario" xlink:href="sek-20260630.xsd#sek_WeightOfDownturnScenario"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_WeightOfDownturnScenario" xlink:to="lab_sek_WeightOfDownturnScenario" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_019ef91c-200b-768d-94ae-9e3d44d108fd_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_019ef91c-200b-77eb-bdf8-27e261864572_verboseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Assets Fair value</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialAssets" xlink:to="lab_ifrs-full_DerivativeFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CreditRiskMember_019ef91c-200b-7cf7-a055-5afa7eab59e3_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit risk</link:label>
    <link:label id="lab_ifrs-full_CreditRiskMember_label_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditRiskMember" xlink:to="lab_ifrs-full_CreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfOwnFundsTableTextBlock_019ef91c-20b9-7a85-8705-e03ed75f6663_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfOwnFundsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of own funds</link:label>
    <link:label id="lab_sek_DisclosureOfOwnFundsTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfOwnFundsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Own Funds [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfOwnFundsTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfOwnFundsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of own funds.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfOwnFundsTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfOwnFundsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfOwnFundsTableTextBlock" xlink:to="lab_sek_DisclosureOfOwnFundsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_MinimumCapitalRequirementPercent_019f22b5-ca41-7afd-aa51-4624ee87c616_terseLabel_en-US" xlink:label="lab_sek_MinimumCapitalRequirementPercent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum capital requirement, percent</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirementPercent_label_en-US" xlink:label="lab_sek_MinimumCapitalRequirementPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Capital Requirement, Percent</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirementPercent_documentation_en-US" xlink:label="lab_sek_MinimumCapitalRequirementPercent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum Capital Requirement, Percent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_MinimumCapitalRequirementPercent" xlink:href="sek-20260630.xsd#sek_MinimumCapitalRequirementPercent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_MinimumCapitalRequirementPercent" xlink:to="lab_sek_MinimumCapitalRequirementPercent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBorrowingsExplanatory_019ef91c-200a-7e6e-a5c2-1379013d5bb2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_019ef91c-200a-7dcd-9dfa-c74e21a23168_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_label_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapitalMember" xlink:to="lab_ifrs-full_IssuedCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_019ef91c-200b-74d2-9554-84e5e199e165_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestCostsAbstract_019ef91c-20b9-7e22-82df-31f3af3d3145_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expenses</link:label>
    <link:label id="lab_ifrs-full_InterestCostsAbstract_label_en-US" xlink:label="lab_ifrs-full_InterestCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest costs [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestCostsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestCostsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestCostsAbstract" xlink:to="lab_ifrs-full_InterestCostsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement_019ef91c-200a-7586-81c1-28197a164b10_terseLabel_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized fair value changes</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement_label_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Profit Or Loss Attributable To Change In Unrealised Gains Or Losses For Assets And Liabilities Held At End Of Period, Fair Value Measurement</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement_documentation_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of gains (losses) recognised in profit or loss attributable to change in unrealised gains or losses for assets and liabilities held at end of period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:href="sek-20260630.xsd#sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:to="lab_sek_GainsLossesRecognisedInProfitOrLossAttributableToChangeInUnrealisedGainsOrLossesForAssetsAndLiabilitiesHeldAtEndOfPeriodFairValueMeasurement" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PublicSectorEntityMember_019ef91c-200b-7813-962d-b8762901947c_terseLabel_en-US" xlink:label="lab_sek_PublicSectorEntityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public sector entity</link:label>
    <link:label id="lab_sek_PublicSectorEntityMember_label_en-US" xlink:label="lab_sek_PublicSectorEntityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Sector Entity [Member]</link:label>
    <link:label id="lab_sek_PublicSectorEntityMember_documentation_en-US" xlink:label="lab_sek_PublicSectorEntityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Sector Entity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PublicSectorEntityMember" xlink:href="sek-20260630.xsd#sek_PublicSectorEntityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PublicSectorEntityMember" xlink:to="lab_sek_PublicSectorEntityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_SEK_019ef91c-20b9-7b3f-a258-d9c9f7df9745_terseLabel_en-US" xlink:label="lab_currency_SEK" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Skr</link:label>
    <link:label id="lab_currency_SEK_label_en-US" xlink:label="lab_currency_SEK" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sweden, Kronor</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_SEK" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_SEK"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_SEK" xlink:to="lab_currency_SEK" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_019ef91c-200a-7eca-86c8-beb86f93cd01_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income and other reserves</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfCapitalAdequacyTextBlock_019ef91c-200b-727c-af45-630443c3c330_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfCapitalAdequacyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital adequacy and liquidity situation</link:label>
    <link:label id="lab_sek_DisclosureOfCapitalAdequacyTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfCapitalAdequacyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Capital Adequacy [Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfCapitalAdequacyTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfCapitalAdequacyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for capital adequacy.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfCapitalAdequacyTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfCapitalAdequacyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfCapitalAdequacyTextBlock" xlink:to="lab_sek_DisclosureOfCapitalAdequacyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019ef91c-200b-7c18-b179-f863b39d6111_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019ef91c-200b-7dd4-b8b4-2bcae0c3a954_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at beginning of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019ef91c-200b-788b-858c-b1198382d1e3_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at end of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAbstract_019ef91c-20b9-7263-ae6e-18a8cba9de76_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InsufficientCoverageForNonPerformingExposuresMember_019ef91c-200b-7252-b181-ddc0dc91e39e_terseLabel_en-US" xlink:label="lab_sek_InsufficientCoverageForNonPerformingExposuresMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insufficient coverage for non-performing exposures</link:label>
    <link:label id="lab_sek_InsufficientCoverageForNonPerformingExposuresMember_label_en-US" xlink:label="lab_sek_InsufficientCoverageForNonPerformingExposuresMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insufficient Coverage For Non-Performing Exposures [Member]</link:label>
    <link:label id="lab_sek_InsufficientCoverageForNonPerformingExposuresMember_documentation_en-US" xlink:label="lab_sek_InsufficientCoverageForNonPerformingExposuresMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for insufficient coverage for non-performing exposures.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InsufficientCoverageForNonPerformingExposuresMember" xlink:href="sek-20260630.xsd#sek_InsufficientCoverageForNonPerformingExposuresMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InsufficientCoverageForNonPerformingExposuresMember" xlink:to="lab_sek_InsufficientCoverageForNonPerformingExposuresMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_019f1d30-8ff1-78dc-9a16-59a44d63d124_terseLabel_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, liabilities</link:label>
    <link:label id="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities_label_en-US" xlink:label="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 of fair value hierarchy, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:to="lab_ifrs-full_TransfersIntoLevel3OfFairValueHierarchyLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue_019ef91c-200a-79b9-bed2-6e10ed31e051_terseLabel_en-US" xlink:label="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets or liabilities at fair value through profit or loss</link:label>
    <link:label id="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue_label_en-US" xlink:label="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Assets And Liabilities At Fair Value</link:label>
    <link:label id="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue_documentation_en-US" xlink:label="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (loss) on financial instruments at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue" xlink:href="sek-20260630.xsd#sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue" xlink:to="lab_sek_GainsLossesOnAssetsAndLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory_019ef91c-200a-70ef-9d83-9fd20fcb7aa0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net interest income</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interest income (expense) [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestIncomeExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CreditSpreadMeasurementInputMember_019ef91c-200b-7c77-968c-a476a4f23347_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditSpreadMeasurementInputMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit spread, measurement input</link:label>
    <link:label id="lab_ifrs-full_CreditSpreadMeasurementInputMember_label_en-US" xlink:label="lab_ifrs-full_CreditSpreadMeasurementInputMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit spread, measurement input [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditSpreadMeasurementInputMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditSpreadMeasurementInputMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditSpreadMeasurementInputMember" xlink:to="lab_ifrs-full_CreditSpreadMeasurementInputMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_019ef91c-200a-7cbc-9ab8-e0252e00a56f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of debt</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_019ef91c-200a-7a68-9a7f-27ce4a7ca387_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Provisions_019ef91c-200b-7d59-a963-9dcb61136f3d_terseLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_ifrs-full_Provisions_label_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Provisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Provisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Provisions" xlink:to="lab_ifrs-full_Provisions" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_MultilateralDevelopmentBanksMember_019ef91c-200a-70a6-a68b-b28963ddc5db_terseLabel_en-US" xlink:label="lab_sek_MultilateralDevelopmentBanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Multilateral development banks</link:label>
    <link:label id="lab_sek_MultilateralDevelopmentBanksMember_label_en-US" xlink:label="lab_sek_MultilateralDevelopmentBanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Multilateral Development Banks [Member]</link:label>
    <link:label id="lab_sek_MultilateralDevelopmentBanksMember_documentation_en-US" xlink:label="lab_sek_MultilateralDevelopmentBanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Multilateral development banks.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_MultilateralDevelopmentBanksMember" xlink:href="sek-20260630.xsd#sek_MultilateralDevelopmentBanksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_MultilateralDevelopmentBanksMember" xlink:to="lab_sek_MultilateralDevelopmentBanksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueAbstract_label_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueAbstract" xlink:to="lab_ifrs-full_RevenueAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems_019ef91c-200a-710f-8a9f-d7223970ad3e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liquidity reserve</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_WestEuropeanCountriesExcludingSwedenMember_019ef91c-200a-7f62-bd4d-93f2d8cd26d2_terseLabel_en-US" xlink:label="lab_sek_WestEuropeanCountriesExcludingSwedenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Western Europe excl. Sweden</link:label>
    <link:label id="lab_sek_WestEuropeanCountriesExcludingSwedenMember_label_en-US" xlink:label="lab_sek_WestEuropeanCountriesExcludingSwedenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">West European Countries Excluding Sweden [Member]</link:label>
    <link:label id="lab_sek_WestEuropeanCountriesExcludingSwedenMember_documentation_en-US" xlink:label="lab_sek_WestEuropeanCountriesExcludingSwedenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Region of Western European countries excluding Sweden.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_WestEuropeanCountriesExcludingSwedenMember" xlink:href="sek-20260630.xsd#sek_WestEuropeanCountriesExcludingSwedenMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_WestEuropeanCountriesExcludingSwedenMember" xlink:to="lab_sek_WestEuropeanCountriesExcludingSwedenMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_019ef91c-200a-72bd-8a65-bcd8f4a0b4a9_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The period&#8217;s change in fair value originating from credit risk (+ income/- loss)</link:label>
    <link:label id="lab_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_label_en-US" xlink:label="lab_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in fair value of financial liability, attributable to changes in credit risk of liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:to="lab_ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable_019ef91c-200a-76c2-986e-9a57ef990b1d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:to="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossTable" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo_019ef91c-20b9-78a2-9abb-ebebc34050b7_terseLabel_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer to stage 2</link:label>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo_label_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfers To Stage Two</link:label>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo_documentation_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) in financial assets resulting from transfers to stage two.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_IncreaseDecreaseThroughTransfersToStageTwo" xlink:href="sek-20260630.xsd#sek_IncreaseDecreaseThroughTransfersToStageTwo"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_IncreaseDecreaseThroughTransfersToStageTwo" xlink:to="lab_sek_IncreaseDecreaseThroughTransfersToStageTwo" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalCommitmentsAbstract_019ef91c-20b9-7cd8-a760-a93e0bdd5db0_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments</link:label>
    <link:label id="lab_ifrs-full_CapitalCommitmentsAbstract_label_en-US" xlink:label="lab_ifrs-full_CapitalCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital commitments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalCommitmentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalCommitmentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalCommitmentsAbstract" xlink:to="lab_ifrs-full_CapitalCommitmentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SeniorSecuritiesIssuedMember_019ef91c-200b-7739-99b0-d6c8b587e594_terseLabel_en-US" xlink:label="lab_sek_SeniorSecuritiesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt securities issued</link:label>
    <link:label id="lab_sek_SeniorSecuritiesIssuedMember_label_en-US" xlink:label="lab_sek_SeniorSecuritiesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Securities Issued [Member]</link:label>
    <link:label id="lab_sek_SeniorSecuritiesIssuedMember_documentation_en-US" xlink:label="lab_sek_SeniorSecuritiesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents debt securities issued.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SeniorSecuritiesIssuedMember" xlink:href="sek-20260630.xsd#sek_SeniorSecuritiesIssuedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SeniorSecuritiesIssuedMember" xlink:to="lab_sek_SeniorSecuritiesIssuedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_019ef91c-200a-721a-9549-0d6b8e440dda_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of derivatives</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember_019ef91c-20b9-7422-b5f8-09e44fa8943e_terseLabel_en-US" xlink:label="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities issued or guaranteed by sovereigns, central banks or multilateral development banks</link:label>
    <link:label id="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember_label_en-US" xlink:label="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Issued Or Guaranteed By Sovereigns, Central Banks Or Multilateral Development Banks [Member]</link:label>
    <link:label id="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember_documentation_en-US" xlink:label="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities issued or guaranteed by sovereigns, central banks or multilateral development banks.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember" xlink:href="sek-20260630.xsd#sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember" xlink:to="lab_sek_SecuritiesIssuedOrGuaranteedBySovereignsCentralBanksOrMultilateralDevelopmentBanksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_019ef91c-200a-7ef8-86ab-4e4994830420_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate</link:label>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest rate risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateRiskMember" xlink:to="lab_ifrs-full_InterestRateRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalAdequacyAbstract_019f22a0-a43f-7830-b679-847818a9da3f_terseLabel_en-US" xlink:label="lab_sek_CapitalAdequacyAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital adequacy</link:label>
    <link:label id="lab_sek_CapitalAdequacyAbstract_label_en-US" xlink:label="lab_sek_CapitalAdequacyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Adequacy [Abstract]</link:label>
    <link:label id="lab_sek_CapitalAdequacyAbstract_documentation_en-US" xlink:label="lab_sek_CapitalAdequacyAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Adequacy</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalAdequacyAbstract" xlink:href="sek-20260630.xsd#sek_CapitalAdequacyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalAdequacyAbstract" xlink:to="lab_sek_CapitalAdequacyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_019ef91c-20b9-7f50-ad55-4c3fcbc15239_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit impairment of financial instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit impairment of financial instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:to="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_USD_019ef91c-200a-7311-95a0-5f5813cec570_terseLabel_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">USD</link:label>
    <link:label id="lab_currency_USD_label_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">United States of America, Dollars</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_USD" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_USD"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_USD" xlink:to="lab_currency_USD" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_019ef91c-200b-70f6-908f-ff52970f944c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of financial assets and liabilities at fair value</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember_019ef91c-200b-7906-a4d6-bae1f8c5c15d_terseLabel_en-US" xlink:label="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Independently reviewed profit net of any foreseeable charge or dividend</link:label>
    <link:label id="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember_label_en-US" xlink:label="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Independently Reviewed Profit Net Of Any Foreseeable Charge Or Dividend [Member]</link:label>
    <link:label id="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember_documentation_en-US" xlink:label="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for independently reviewed profit net of any foreseeable charge or dividend.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember" xlink:href="sek-20260630.xsd#sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember" xlink:to="lab_sek_IndependentlyReviewedProfitNetOfAnyForeseeableChargeOrDividendMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet_019ef91c-200b-7d45-b9d9-478c81db8f8d_terseLabel_en-US" xlink:label="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Correlation</link:label>
    <link:label id="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet_label_en-US" xlink:label="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Correlation Significant Unobservable Inputs Assets Liabilities Net</link:label>
    <link:label id="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet_documentation_en-US" xlink:label="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Correlation used as a significant Level 3 unobservable input for assets and liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:href="sek-20260630.xsd#sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:to="lab_sek_CorrelationSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CorporateLoans_019ef91c-200b-7172-8005-594426614332_terseLabel_en-US" xlink:label="lab_ifrs-full_CorporateLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans to the public</link:label>
    <link:label id="lab_ifrs-full_CorporateLoans_label_en-US" xlink:label="lab_ifrs-full_CorporateLoans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans to corporate entities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CorporateLoans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CorporateLoans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CorporateLoans" xlink:to="lab_ifrs-full_CorporateLoans" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_019ef91c-200a-7a42-a3ba-ea5809b46cdf_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of impairment loss and reversal of impairment loss [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:to="lab_ifrs-full_DisclosureOfImpairmentLossAndReversalOfImpairmentLossLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_019ef91c-200a-77da-b8db-f7683915f3c2_negatedLabel_en-US" xlink:label="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciations and impairment of non-financial assets</link:label>
    <link:label id="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, amortisation and impairment loss (reversal of impairment loss) recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities_019ef91c-200a-7eb3-ba0f-c04c9861c3ac_terseLabel_en-US" xlink:label="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlements &amp; sales</link:label>
    <link:label id="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities_label_en-US" xlink:label="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements And Sales, Fair Value Measurement, Liabilities</link:label>
    <link:label id="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities_documentation_en-US" xlink:label="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The decrease in the fair value measurement of liabilities resulting from settlements &amp; sales.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SettlementsAndSalesFairValueMeasurementLiabilities" xlink:href="sek-20260630.xsd#sek_SettlementsAndSalesFairValueMeasurementLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SettlementsAndSalesFairValueMeasurementLiabilities" xlink:to="lab_sek_SettlementsAndSalesFairValueMeasurementLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_019ef91c-20b9-7a81-9742-8e9f7420e272_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CorporateLoansMember_019ef91c-200b-7b50-b245-c91e879561e6_terseLabel_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans to the public</link:label>
    <link:label id="lab_ifrs-full_CorporateLoansMember_label_en-US" xlink:label="lab_ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans to corporate entities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CorporateLoansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CorporateLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CorporateLoansMember" xlink:to="lab_ifrs-full_CorporateLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CIRRSystemAbstract_label_en-US" xlink:label="lab_sek_CIRRSystemAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CIRR-System [Abstract]</link:label>
    <link:label id="lab_sek_CIRRSystemAbstract_documentation_en-US" xlink:label="lab_sek_CIRRSystemAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CIRRSystemAbstract" xlink:href="sek-20260630.xsd#sek_CIRRSystemAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CIRRSystemAbstract" xlink:to="lab_sek_CIRRSystemAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_019ef91c-200b-79f5-b07f-64792e87fa2b_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_019ef91c-200a-73f2-9e7d-af45a51ea8ad_terseLabel_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodity risk</link:label>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CommodityPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommodityPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommodityPriceRiskMember" xlink:to="lab_ifrs-full_CommodityPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_019ef91c-200b-7cbc-962e-bc06c67066c1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions with related parties</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of related party [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_019ef91c-200b-74ac-9f02-5084f6078786_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio_019ef91c-20b9-7035-8653-ef530507575f_terseLabel_en-US" xlink:label="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital base requirement of 3 percent</link:label>
    <link:label id="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio_label_en-US" xlink:label="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Base Requirement Relating To Leveraged Ratio</link:label>
    <link:label id="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio_documentation_en-US" xlink:label="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of Capital base requirement relating to leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalBaseRequirementRelatingToLeveragedRatio" xlink:href="sek-20260630.xsd#sek_CapitalBaseRequirementRelatingToLeveragedRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalBaseRequirementRelatingToLeveragedRatio" xlink:to="lab_sek_CapitalBaseRequirementRelatingToLeveragedRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember_019ef91c-200a-7685-97d3-3b307cd1ce8e_terseLabel_en-US" xlink:label="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities issued or guaranteed by municipalities or other public entities</link:label>
    <link:label id="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember_label_en-US" xlink:label="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Issued Or Guaranteed By Municipalities Or Other Public Entities [Member]</link:label>
    <link:label id="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember_documentation_en-US" xlink:label="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities issued or guaranteed by municipalities or other public entities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember" xlink:href="sek-20260630.xsd#sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember" xlink:to="lab_sek_SecuritiesIssuedOrGuaranteedByMunicipalitiesOrOtherPublicEntitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_019ef91c-20b9-7072-85bb-0b66b691d6d3_terseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnobservableInputsAxis_019ef91c-200a-74fe-a3b4-28f747501031_terseLabel_en-US" xlink:label="lab_ifrs-full_UnobservableInputsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unobservable inputs [axis]</link:label>
    <link:label id="lab_ifrs-full_UnobservableInputsAxis_label_en-US" xlink:label="lab_ifrs-full_UnobservableInputsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unobservable inputs [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnobservableInputsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnobservableInputsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnobservableInputsAxis" xlink:to="lab_ifrs-full_UnobservableInputsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio_019f22bc-45b2-7461-a90e-c7eefd28b980_totalLabel_en-US" xlink:label="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total capital requirement relating to Leverage ratio including Pillar 2 guidance</link:label>
    <link:label id="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio_label_en-US" xlink:label="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Of Total Capital Requirement Relating To Leverage Ratio</link:label>
    <link:label id="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio_documentation_en-US" xlink:label="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of total capital requirement relating to leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio" xlink:href="sek-20260630.xsd#sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio" xlink:to="lab_sek_AmountOfTotalCapitalRequirementRelatingToLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract_019ef91c-200a-731c-a60d-50564b2135fd_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in fair value measurement, liabilities</link:label>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in fair value measurement, liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges_019ef91c-20b9-73ab-a972-687a3394cf4c_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives in cash flow hedges</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, cash flow hedges</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DebtExchangeRateRelatedContractsMember_019ef91c-20b9-74b6-bb36-4a7e5386f82b_terseLabel_en-US" xlink:label="lab_sek_DebtExchangeRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency-related contracts</link:label>
    <link:label id="lab_sek_DebtExchangeRateRelatedContractsMember_label_en-US" xlink:label="lab_sek_DebtExchangeRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Exchange Rate Related Contracts [Member]</link:label>
    <link:label id="lab_sek_DebtExchangeRateRelatedContractsMember_documentation_en-US" xlink:label="lab_sek_DebtExchangeRateRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents debt exchange rate related contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DebtExchangeRateRelatedContractsMember" xlink:href="sek-20260630.xsd#sek_DebtExchangeRateRelatedContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DebtExchangeRateRelatedContractsMember" xlink:to="lab_sek_DebtExchangeRateRelatedContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_019ef91c-20b9-7ff2-a32e-eb4a9c989aee_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decreases in allowance account due to write-offs</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease through write-off, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughWriteoffFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:to="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage_019ef91c-200b-7efc-94a9-4595b525efd5_terseLabel_en-US" xlink:label="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pillar 2 guidance</link:label>
    <link:label id="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage_label_en-US" xlink:label="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pillar Two Guidance For Leverage Ratio, Percentage</link:label>
    <link:label id="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage_documentation_en-US" xlink:label="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pillar Two Guidance For Leverage Ratio, Percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PillarTwoGuidanceForLeverageRatioPercentage" xlink:href="sek-20260630.xsd#sek_PillarTwoGuidanceForLeverageRatioPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PillarTwoGuidanceForLeverageRatioPercentage" xlink:to="lab_sek_PillarTwoGuidanceForLeverageRatioPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_019ef91c-200b-7ff3-9c42-b47aecfec2c5_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency exchange-rate effects on all assets and liabilities excl. currency exchange-rate effects related to revaluation at fair value</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_019ef91c-200b-77e8-8bc6-d14f4fe845eb_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange effects</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign exchange gain (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_EUR_019ef91c-20b9-72c8-8575-4d85af714859_terseLabel_en-US" xlink:label="lab_currency_EUR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EUR</link:label>
    <link:label id="lab_currency_EUR_label_en-US" xlink:label="lab_currency_EUR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Euro Member Countries, Euro</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_EUR" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_EUR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_EUR" xlink:to="lab_currency_EUR" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer_019ef91c-200a-7f62-a8f6-5afe8dc487f4_terseLabel_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">of which Countercyclical buffer</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer_019ef91c-200a-795b-91c2-da126adb41e3_verboseLabel_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Countercyclical buffer</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer_label_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institution Specific Common Equity Tier One Capital Ratio Countercyclical Buffer</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer_documentation_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, countercyclical buffer as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:href="sek-20260630.xsd#sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:to="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioCountercyclicalBuffer" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_019ef91c-200b-7bee-916c-02ac364e6cd1_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange-rate differences on cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageOne_019ef91c-20b9-77a7-abbe-83c7073cefe7_terseLabel_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageOne" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer to stage 1</link:label>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageOne_label_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageOne" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfers To Stage One</link:label>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageOne_documentation_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageOne" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) in financial assets resulting from transfers to stage one.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_IncreaseDecreaseThroughTransfersToStageOne" xlink:href="sek-20260630.xsd#sek_IncreaseDecreaseThroughTransfersToStageOne"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_IncreaseDecreaseThroughTransfersToStageOne" xlink:to="lab_sek_IncreaseDecreaseThroughTransfersToStageOne" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_019ef91c-200a-710b-a06f-6dfb56d25b8e_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flow from operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CentralAndEasternEuropeanCountriesMember_019ef91c-200b-7474-8792-c6edc164b5c0_terseLabel_en-US" xlink:label="lab_sek_CentralAndEasternEuropeanCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central and Eastern Europe</link:label>
    <link:label id="lab_sek_CentralAndEasternEuropeanCountriesMember_label_en-US" xlink:label="lab_sek_CentralAndEasternEuropeanCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Central And Eastern European Countries [Member]</link:label>
    <link:label id="lab_sek_CentralAndEasternEuropeanCountriesMember_documentation_en-US" xlink:label="lab_sek_CentralAndEasternEuropeanCountriesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Region of Central East-European countries.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CentralAndEasternEuropeanCountriesMember" xlink:href="sek-20260630.xsd#sek_CentralAndEasternEuropeanCountriesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CentralAndEasternEuropeanCountriesMember" xlink:to="lab_sek_CentralAndEasternEuropeanCountriesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_019ef91c-20b9-7023-bb77-e623c01a8f1d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_019ef91c-200a-70d0-81ce-fc06d3942a14_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalYearFocus_019ef91c-200b-7c41-974f-436c3f7cc11d_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement_019ef91c-200b-7662-b77b-bc4af0f4a08e_verboseLabel_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 capital available to meet buffer requirements</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement_label_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Capital Ratio After Buffer Requirement</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement_documentation_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, after buffer requirement as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:href="sek-20260630.xsd#sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:to="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember_019ef91c-200b-703c-ae13-6d53854fe080_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Own credit risk</link:label>
    <link:label id="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember_019ef91c-200b-7baf-9cbc-8bf0db18cf67_verboseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gains or losses on liabilities valued at fair value resulting from changes in own credit standing</link:label>
    <link:label id="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:to="lab_ifrs-full_ReserveOfChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock_019ef91c-20b9-7f38-a6c0-b11c97f3487e_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of net results of financial transactions</link:label>
    <link:label id="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Results Of Financial Transactions [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure for net results of financial transaction.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock" xlink:to="lab_sek_DisclosureOfNetResultsOfFinancialTransactionsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_019ef91c-20b9-7d20-9d70-7b611a614234_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax paid</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income taxes paid, classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_NorthAmericaMember_019ef91c-200a-77f3-9657-48e111f52c36_terseLabel_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North America</link:label>
    <link:label id="lab_srt_NorthAmericaMember_label_en-US" xlink:label="lab_srt_NorthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">North America [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_NorthAmericaMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_NorthAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_NorthAmericaMember" xlink:to="lab_srt_NorthAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_019ef91c-200b-7b79-86d1-2bccce4563a5_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAssetsMember_019ef91c-200b-7cbe-a3de-34754e03f5a1_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_ifrs-full_OtherAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssetsMember" xlink:to="lab_ifrs-full_OtherAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialInstrumentsAbstract_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on financial instruments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFinancialInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFinancialInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFinancialInstrumentsAbstract" xlink:to="lab_ifrs-full_GainsLossesOnFinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_LatinAmericaMember_019ef91c-200b-7f97-b526-382e620654ef_terseLabel_en-US" xlink:label="lab_srt_LatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Latin America</link:label>
    <link:label id="lab_srt_LatinAmericaMember_label_en-US" xlink:label="lab_srt_LatinAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Latin America [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_LatinAmericaMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_LatinAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_LatinAmericaMember" xlink:to="lab_srt_LatinAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember_019ef91c-200a-7d87-aa81-6b571d04b5c5_terseLabel_en-US" xlink:label="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional value adjustments due to prudent valuations</link:label>
    <link:label id="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember_label_en-US" xlink:label="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve Of Additional Value Adjustments Due To Prudent Valuation [Member]</link:label>
    <link:label id="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember_documentation_en-US" xlink:label="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for additional value adjustments due to prudent valuation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember" xlink:href="sek-20260630.xsd#sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember" xlink:to="lab_sek_ReserveOfAdditionalValueAdjustmentsDueToPrudentValuationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio_019ef91c-200b-7366-8f2e-b0292d704fe6_terseLabel_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pillar 2 guidance</link:label>
    <link:label id="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio_label_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk-based Capital Requirement, Pillar Two Guidance Capital Ratio</link:label>
    <link:label id="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio_documentation_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of pillar two guidance capital ratio to total risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio" xlink:href="sek-20260630.xsd#sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio" xlink:to="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceCapitalRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureTable_019ef91c-200a-75f1-b2b4-1c8f64e211b0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureTable" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetInterestIncomeLineItems_019efeb8-9cb0-7bc8-ac09-50c8d6ccae63_terseLabel_en-US" xlink:label="lab_sek_NetInterestIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Interest Income [Line Items]</link:label>
    <link:label id="lab_sek_NetInterestIncomeLineItems_label_en-US" xlink:label="lab_sek_NetInterestIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Interest Income [Line Items]</link:label>
    <link:label id="lab_sek_NetInterestIncomeLineItems_documentation_en-US" xlink:label="lab_sek_NetInterestIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Interest Income [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetInterestIncomeLineItems" xlink:href="sek-20260630.xsd#sek_NetInterestIncomeLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetInterestIncomeLineItems" xlink:to="lab_sek_NetInterestIncomeLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_A8Member_019f3cde-347f-7e20-b0a6-b97a8a75310d_terseLabel_en-US" xlink:label="lab_sek_A8Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">8%</link:label>
    <link:label id="lab_sek_A8Member_label_en-US" xlink:label="lab_sek_A8Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">8% [Member]</link:label>
    <link:label id="lab_sek_A8Member_documentation_en-US" xlink:label="lab_sek_A8Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">8%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_A8Member" xlink:href="sek-20260630.xsd#sek_A8Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_A8Member" xlink:to="lab_sek_A8Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_019ef91c-200a-7693-a7d4-e00302046eb4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting policies</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of material accounting policy information [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherLiabilities_019ef91c-200b-7c83-9df7-fc8ec23c5874_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherLiabilities" xlink:to="lab_ifrs-full_OtherLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LoansAndAdvancesToCustomers_019ef91c-200b-77c7-a8e5-dc03195e4059_terseLabel_en-US" xlink:label="lab_ifrs-full_LoansAndAdvancesToCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans</link:label>
    <link:label id="lab_ifrs-full_LoansAndAdvancesToCustomers_label_en-US" xlink:label="lab_ifrs-full_LoansAndAdvancesToCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and advances to customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LoansAndAdvancesToCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LoansAndAdvancesToCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LoansAndAdvancesToCustomers" xlink:to="lab_ifrs-full_LoansAndAdvancesToCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract_019ef91c-200b-7c1e-9bbe-6947ca25fb1b_terseLabel_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment details</link:label>
    <link:label id="lab_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of changes in allowance account for credit losses of financial assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:to="lab_ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis_019ef91c-200b-7310-921c-c49ccd40591a_terseLabel_en-US" xlink:label="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity impact on total comprehensive income</link:label>
    <link:label id="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis_label_en-US" xlink:label="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Total Comprehensive Income Resulting From Sensitivity Analysis</link:label>
    <link:label id="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis_documentation_en-US" xlink:label="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of increase (decrease) in total comprehensive income resulting from sensitivity analysis</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis" xlink:href="sek-20260630.xsd#sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis" xlink:to="lab_sek_IncreaseDecreaseInTotalComprehensiveIncomeResultingFromSensitivityAnalysis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LiquidityOutflows_019ef91c-200a-7efc-80fe-ad21f7bae4ad_terseLabel_en-US" xlink:label="lab_sek_LiquidityOutflows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liquidity outflows</link:label>
    <link:label id="lab_sek_LiquidityOutflows_label_en-US" xlink:label="lab_sek_LiquidityOutflows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity Outflows</link:label>
    <link:label id="lab_sek_LiquidityOutflows_documentation_en-US" xlink:label="lab_sek_LiquidityOutflows" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of liquidity outflows used in calculate liquidity coverage ratio, calculated in accordance with the Commission Delegated Regulation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LiquidityOutflows" xlink:href="sek-20260630.xsd#sek_LiquidityOutflows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LiquidityOutflows" xlink:to="lab_sek_LiquidityOutflows" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ClassesOfLoansHeldAxis_019ef91c-200a-7161-94c0-fd8b4687e868_terseLabel_en-US" xlink:label="lab_sek_ClassesOfLoansHeldAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes Of Loans Held [Axis]</link:label>
    <link:label id="lab_sek_ClassesOfLoansHeldAxis_label_en-US" xlink:label="lab_sek_ClassesOfLoansHeldAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes Of Loans Held [Axis]</link:label>
    <link:label id="lab_sek_ClassesOfLoansHeldAxis_documentation_en-US" xlink:label="lab_sek_ClassesOfLoansHeldAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ClassesOfLoansHeldAxis" xlink:href="sek-20260630.xsd#sek_ClassesOfLoansHeldAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ClassesOfLoansHeldAxis" xlink:to="lab_sek_ClassesOfLoansHeldAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_019ef91c-200a-7c87-93d8-96272db97923_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revaluation of defined benefit plans</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, gains (losses) on remeasurements of defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember_019ef91c-200b-72ee-8b54-6e04e4c81936_terseLabel_en-US" xlink:label="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contracts related to commodities, credit risk, etc.</link:label>
    <link:label id="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember_label_en-US" xlink:label="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodities Risk Credit Risk And Other Risk Contracts [Member]</link:label>
    <link:label id="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember_documentation_en-US" xlink:label="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for commodities risk, credit risk and other risk contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember" xlink:href="sek-20260630.xsd#sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember" xlink:to="lab_sek_CommoditiesRiskCreditRiskAndOtherRiskContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk_019ef91c-20b9-7c9e-aa9d-ee698199949e_terseLabel_en-US" xlink:label="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of sensitivity analysis - level 3</link:label>
    <link:label id="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk_label_en-US" xlink:label="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity analysis for types of market risk [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:to="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_OtherCurrencyMember_019ef91c-20b9-7ec5-97ff-f381255ec5b6_terseLabel_en-US" xlink:label="lab_srt_OtherCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other currencies</link:label>
    <link:label id="lab_srt_OtherCurrencyMember_label_en-US" xlink:label="lab_srt_OtherCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Currency [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OtherCurrencyMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OtherCurrencyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OtherCurrencyMember" xlink:to="lab_srt_OtherCurrencyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_019ef91c-20b9-735d-89b4-b6444eeb2945_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_019ef91c-200b-7e2a-b707-d857cfceb8f2_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net items to be reclassified to profit or loss</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital_019ef91c-200b-759b-8952-e82270a82970_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments for non-cash items in operating profit</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile profit (loss) other than changes in working capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:to="lab_ifrs-full_AdjustmentsToReconcileProfitLossOtherThanChangesInWorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ScheduleOfNetStableFundingTableTextBlock_019ef91c-200a-7722-9ef7-279c881c93cc_terseLabel_en-US" xlink:label="lab_sek_ScheduleOfNetStableFundingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of net stable funding ratio</link:label>
    <link:label id="lab_sek_ScheduleOfNetStableFundingTableTextBlock_label_en-US" xlink:label="lab_sek_ScheduleOfNetStableFundingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Net Stable Funding [Table Text Block]</link:label>
    <link:label id="lab_sek_ScheduleOfNetStableFundingTableTextBlock_documentation_en-US" xlink:label="lab_sek_ScheduleOfNetStableFundingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of net stable funding.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ScheduleOfNetStableFundingTableTextBlock" xlink:href="sek-20260630.xsd#sek_ScheduleOfNetStableFundingTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ScheduleOfNetStableFundingTableTextBlock" xlink:to="lab_sek_ScheduleOfNetStableFundingTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_019ef91c-20b9-7492-92c8-85e3ea81e06b_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_019ef91c-20b9-799d-8947-fb84619fd72d_verboseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities Fair value</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_DerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems_019ef91c-20b9-77da-a076-fad3feae67f5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_019ef91c-20b9-7aa5-bff8-5eb12eb7b945_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets_019ef91c-20b9-7737-8f31-3d678e1e2768_terseLabel_en-US" xlink:label="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">of which Tier 1 requirement of 6 percent</link:label>
    <link:label id="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets_label_en-US" xlink:label="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Tier One Risk Based Capital For Minimum Reserves To Risk Weighted Assets</link:label>
    <link:label id="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets_documentation_en-US" xlink:label="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The minimum Tier one Capital required for minimum reserves purposes under the regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets" xlink:href="sek-20260630.xsd#sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets" xlink:to="lab_sek_AmountOfTierOneRiskBasedCapitalForMinimumReservesToRiskWeightedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets_019ef91c-200b-70e5-9731-a2b09e4531ee_terseLabel_en-US" xlink:label="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input depreciation, assets</link:label>
    <link:label id="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets_label_en-US" xlink:label="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reasonably Possible Decrease In Unobservable Input, Assets</link:label>
    <link:label id="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets_documentation_en-US" xlink:label="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reasonably Possible Decrease In Unobservable Input, Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:href="sek-20260630.xsd#sek_ReasonablyPossibleDecreaseInUnobservableInputAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:to="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory_019ef91c-20b9-7414-8b61-a4d686f49432_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of balances and reconciliation of changes in loss allowances by stages</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskExposureAmount_019ef91c-200a-71bf-96b7-e13c10a5b762_terseLabel_en-US" xlink:label="lab_sek_RiskExposureAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk exposure amount</link:label>
    <link:label id="lab_sek_RiskExposureAmount_label_en-US" xlink:label="lab_sek_RiskExposureAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Exposure Amount</link:label>
    <link:label id="lab_sek_RiskExposureAmount_documentation_en-US" xlink:label="lab_sek_RiskExposureAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount that represents the risk exposure amount.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskExposureAmount" xlink:href="sek-20260630.xsd#sek_RiskExposureAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskExposureAmount" xlink:to="lab_sek_RiskExposureAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OnbalanceSheetExposuresForLeverageRatio_019ef91c-200a-7623-a7bc-a9ec18b8135b_terseLabel_en-US" xlink:label="lab_sek_OnbalanceSheetExposuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">On-balance sheet exposures</link:label>
    <link:label id="lab_sek_OnbalanceSheetExposuresForLeverageRatio_label_en-US" xlink:label="lab_sek_OnbalanceSheetExposuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Onbalance Sheet Exposures For Leverage Ratio</link:label>
    <link:label id="lab_sek_OnbalanceSheetExposuresForLeverageRatio_documentation_en-US" xlink:label="lab_sek_OnbalanceSheetExposuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of on-balance sheet exposure includes all balance sheet assets in their exposure measure, including on-balance sheet derivatives collateral and collateral for SFTs, with the exception of on-balance sheet derivative and SFT assets for calculating leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OnbalanceSheetExposuresForLeverageRatio" xlink:href="sek-20260630.xsd#sek_OnbalanceSheetExposuresForLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OnbalanceSheetExposuresForLeverageRatio" xlink:to="lab_sek_OnbalanceSheetExposuresForLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalRequirementExposure_019ef91c-200b-7e0a-ade9-01fb16af5c56_terseLabel_en-US" xlink:label="lab_sek_CapitalRequirementExposure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirement exposure</link:label>
    <link:label id="lab_sek_CapitalRequirementExposure_label_en-US" xlink:label="lab_sek_CapitalRequirementExposure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Requirement Exposure</link:label>
    <link:label id="lab_sek_CapitalRequirementExposure_documentation_en-US" xlink:label="lab_sek_CapitalRequirementExposure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of capital requirement related to exposure.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalRequirementExposure" xlink:href="sek-20260630.xsd#sek_CapitalRequirementExposure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalRequirementExposure" xlink:to="lab_sek_CapitalRequirementExposure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_019ef91c-200a-7124-ace6-2c9193a8f276_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross carrying amount</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_019ef91c-200a-7007-881e-5cf45410fd57_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CreditRiskInSpecializedLendingMember_019ef91c-200a-7065-8616-b4559d015a6e_terseLabel_en-US" xlink:label="lab_sek_CreditRiskInSpecializedLendingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Specialized lending</link:label>
    <link:label id="lab_sek_CreditRiskInSpecializedLendingMember_label_en-US" xlink:label="lab_sek_CreditRiskInSpecializedLendingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk In Specialized Lending [Member]</link:label>
    <link:label id="lab_sek_CreditRiskInSpecializedLendingMember_documentation_en-US" xlink:label="lab_sek_CreditRiskInSpecializedLendingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents credit risk in specialized lending</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CreditRiskInSpecializedLendingMember" xlink:href="sek-20260630.xsd#sek_CreditRiskInSpecializedLendingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CreditRiskInSpecializedLendingMember" xlink:to="lab_sek_CreditRiskInSpecializedLendingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_019ef91c-200a-7dce-918b-899144985d7b_verboseLabel_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">of which Capital conservation buffer</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_label_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Capital Ratio Capital Conservation Buffer</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer_documentation_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, Capital Conservation Buffer as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:href="sek-20260630.xsd#sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:to="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCapitalConservationBuffer" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRevenueExpense_019ef91c-200a-7a27-b0c6-3f9a82649db3_totalLabel_en-US" xlink:label="lab_ifrs-full_InterestRevenueExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net interest income</link:label>
    <link:label id="lab_ifrs-full_InterestRevenueExpense_label_en-US" xlink:label="lab_ifrs-full_InterestRevenueExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest income (expense)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRevenueExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRevenueExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRevenueExpense" xlink:to="lab_ifrs-full_InterestRevenueExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DiscountedCashFlowMember_019ef91c-200a-7fdd-88ed-9d952fc056ac_terseLabel_en-US" xlink:label="lab_ifrs-full_DiscountedCashFlowMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discounted cash flow</link:label>
    <link:label id="lab_ifrs-full_DiscountedCashFlowMember_label_en-US" xlink:label="lab_ifrs-full_DiscountedCashFlowMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discounted cash flow [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DiscountedCashFlowMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DiscountedCashFlowMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DiscountedCashFlowMember" xlink:to="lab_ifrs-full_DiscountedCashFlowMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract_019ef91c-200a-7182-848c-616622e7eb29_terseLabel_en-US" xlink:label="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Leverage ratio requirement</link:label>
    <link:label id="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract_label_en-US" xlink:label="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Capital Requirement Relating To Leverage Ratio [Abstract]</link:label>
    <link:label id="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract_documentation_en-US" xlink:label="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract" xlink:href="sek-20260630.xsd#sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract" xlink:to="lab_sek_TotalCapitalRequirementRelatingToLeverageRatioAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_019f1d66-7b4c-7540-a907-7fb2703739f5_terseLabel_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers from Level 3</link:label>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities_label_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers out of Level 3 of fair value hierarchy, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:to="lab_ifrs-full_TransfersOutOfLevel3OfFairValueHierarchyLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OperatingProfitBeforeNetCreditLosses_019ef91c-20b9-7381-9467-67a96987064b_totalLabel_en-US" xlink:label="lab_sek_OperatingProfitBeforeNetCreditLosses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating profit before credit losses</link:label>
    <link:label id="lab_sek_OperatingProfitBeforeNetCreditLosses_label_en-US" xlink:label="lab_sek_OperatingProfitBeforeNetCreditLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Profit Before Net Credit Losses</link:label>
    <link:label id="lab_sek_OperatingProfitBeforeNetCreditLosses_documentation_en-US" xlink:label="lab_sek_OperatingProfitBeforeNetCreditLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Profit Before Net Credit Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OperatingProfitBeforeNetCreditLosses" xlink:href="sek-20260630.xsd#sek_OperatingProfitBeforeNetCreditLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OperatingProfitBeforeNetCreditLosses" xlink:to="lab_sek_OperatingProfitBeforeNetCreditLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskWeightedAssetCalculationMethodologyDomain_019ef91c-20b9-7bc4-9345-8ea08c1267dc_terseLabel_en-US" xlink:label="lab_sek_RiskWeightedAssetCalculationMethodologyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk Weighted Asset Calculation Methodology [Domain]</link:label>
    <link:label id="lab_sek_RiskWeightedAssetCalculationMethodologyDomain_label_en-US" xlink:label="lab_sek_RiskWeightedAssetCalculationMethodologyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Weighted Asset Calculation Methodology [Domain]</link:label>
    <link:label id="lab_sek_RiskWeightedAssetCalculationMethodologyDomain_documentation_en-US" xlink:label="lab_sek_RiskWeightedAssetCalculationMethodologyDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Approach for calculating risk-weighted assets as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskWeightedAssetCalculationMethodologyDomain" xlink:href="sek-20260630.xsd#sek_RiskWeightedAssetCalculationMethodologyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskWeightedAssetCalculationMethodologyDomain" xlink:to="lab_sek_RiskWeightedAssetCalculationMethodologyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues_019ef91c-20b9-71ae-814c-405cca5d5321_terseLabel_en-US" xlink:label="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues_label_en-US" xlink:label="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities Excluding Derivatives And Accrued Expenses And Prepaid Revenues</link:label>
    <link:label id="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues_documentation_en-US" xlink:label="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The carrying value as on the balance sheet date of liabilities excluding derivatives and accrued expenses and prepaid revenues.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues" xlink:href="sek-20260630.xsd#sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues" xlink:to="lab_sek_LiabilitiesExcludingDerivativesAndAccruedExpensesAndPrepaidRevenues" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember_019ef91c-200b-7e05-ac39-5969bc7c1df5_terseLabel_en-US" xlink:label="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other interest-bearing securities except loans</link:label>
    <link:label id="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember_label_en-US" xlink:label="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Interest-Bearing Securities Except Loans [Member]</link:label>
    <link:label id="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember_documentation_en-US" xlink:label="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Other interest-bearing securities except loans.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OtherInterestBearingSecuritiesExceptLoansMember" xlink:href="sek-20260630.xsd#sek_OtherInterestBearingSecuritiesExceptLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OtherInterestBearingSecuritiesExceptLoansMember" xlink:to="lab_sek_OtherInterestBearingSecuritiesExceptLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PledgedAssetsAndContingentLiabilitiesAbstract_label_en-US" xlink:label="lab_sek_PledgedAssetsAndContingentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pledged Assets And Contingent Liabilities [Abstract]</link:label>
    <link:label id="lab_sek_PledgedAssetsAndContingentLiabilitiesAbstract_documentation_en-US" xlink:label="lab_sek_PledgedAssetsAndContingentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PledgedAssetsAndContingentLiabilitiesAbstract" xlink:href="sek-20260630.xsd#sek_PledgedAssetsAndContingentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PledgedAssetsAndContingentLiabilitiesAbstract" xlink:to="lab_sek_PledgedAssetsAndContingentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_019ef91c-200b-791c-a586-a9b5bab6cccb_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss, category</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value through profit or loss, category [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss_019ef91c-200b-744d-8426-c6bf47f10d91_terseLabel_en-US" xlink:label="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derecognition of financial instruments not measured at fair value through profit or loss</link:label>
    <link:label id="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) Arising From Derecognition Of Financial Instruments Not Measured At Fair Value Through Profit Or Loss</link:label>
    <link:label id="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss_documentation_en-US" xlink:label="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (Loss) Arising From Derecognition Of Financial Instruments Not Measured At Fair Value Through Profit Or Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss" xlink:href="sek-20260630.xsd#sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss" xlink:to="lab_sek_GainLossArisingFromDerecognitionOfFinancialInstrumentsNotMeasuredAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_BorrowingFromCreditInstitutionsMember_019ef91c-200b-7a51-8733-d91ca85253f9_terseLabel_en-US" xlink:label="lab_sek_BorrowingFromCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowing from credit institutions</link:label>
    <link:label id="lab_sek_BorrowingFromCreditInstitutionsMember_label_en-US" xlink:label="lab_sek_BorrowingFromCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowing From Credit Institutions [Member]</link:label>
    <link:label id="lab_sek_BorrowingFromCreditInstitutionsMember_documentation_en-US" xlink:label="lab_sek_BorrowingFromCreditInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for borrowing from credit institutions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_BorrowingFromCreditInstitutionsMember" xlink:href="sek-20260630.xsd#sek_BorrowingFromCreditInstitutionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_BorrowingFromCreditInstitutionsMember" xlink:to="lab_sek_BorrowingFromCreditInstitutionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities_019ef91c-200a-7dc9-91d8-889fcd0cb2fe_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input depreciation, liabilities</link:label>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities_label_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible decrease in unobservable input, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LoansInFormOfInterestBearingSecurities_019ef91c-20b9-7183-acec-8e40982cf1a4_terseLabel_en-US" xlink:label="lab_sek_LoansInFormOfInterestBearingSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans in the form of interest-bearing securities</link:label>
    <link:label id="lab_sek_LoansInFormOfInterestBearingSecurities_label_en-US" xlink:label="lab_sek_LoansInFormOfInterestBearingSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans In Form Of Interest Bearing Securities</link:label>
    <link:label id="lab_sek_LoansInFormOfInterestBearingSecurities_documentation_en-US" xlink:label="lab_sek_LoansInFormOfInterestBearingSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans In Form Of Interest Bearing Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LoansInFormOfInterestBearingSecurities" xlink:href="sek-20260630.xsd#sek_LoansInFormOfInterestBearingSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LoansInFormOfInterestBearingSecurities" xlink:to="lab_sek_LoansInFormOfInterestBearingSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LoansAndAdvancesToBanksMember_019ef91c-200b-7546-b3d6-0b865da6a5e2_terseLabel_en-US" xlink:label="lab_sek_LoansAndAdvancesToBanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans to credit institutions</link:label>
    <link:label id="lab_sek_LoansAndAdvancesToBanksMember_label_en-US" xlink:label="lab_sek_LoansAndAdvancesToBanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans And Advances To Banks [Member]</link:label>
    <link:label id="lab_sek_LoansAndAdvancesToBanksMember_documentation_en-US" xlink:label="lab_sek_LoansAndAdvancesToBanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for loans and advances made to banks.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LoansAndAdvancesToBanksMember" xlink:href="sek-20260630.xsd#sek_LoansAndAdvancesToBanksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LoansAndAdvancesToBanksMember" xlink:to="lab_sek_LoansAndAdvancesToBanksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_019ef91c-200a-7096-8aea-94f5070f0890_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payment of lease liability</link:label>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_A6Member_019f3cde-9cea-71e7-ab62-e355dd534be2_terseLabel_en-US" xlink:label="lab_sek_A6Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6%</link:label>
    <link:label id="lab_sek_A6Member_label_en-US" xlink:label="lab_sek_A6Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">6% [Member]</link:label>
    <link:label id="lab_sek_A6Member_documentation_en-US" xlink:label="lab_sek_A6Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">6%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_A6Member" xlink:href="sek-20260630.xsd#sek_A6Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_A6Member" xlink:to="lab_sek_A6Member" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TotalExposureMeasuresForLeverageRatio_019ef91c-200b-7032-8094-c2dbe9e4225c_totalLabel_en-US" xlink:label="lab_sek_TotalExposureMeasuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total exposure measure</link:label>
    <link:label id="lab_sek_TotalExposureMeasuresForLeverageRatio_label_en-US" xlink:label="lab_sek_TotalExposureMeasuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Exposure Measures For Leverage Ratio</link:label>
    <link:label id="lab_sek_TotalExposureMeasuresForLeverageRatio_documentation_en-US" xlink:label="lab_sek_TotalExposureMeasuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of total exposure measure for calculating leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TotalExposureMeasuresForLeverageRatio" xlink:href="sek-20260630.xsd#sek_TotalExposureMeasuresForLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TotalExposureMeasuresForLeverageRatio" xlink:to="lab_sek_TotalExposureMeasuresForLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LiquidityCoverageRatio_019ef91c-200b-7c4b-87be-586dfd3088fc_verboseLabel_en-US" xlink:label="lab_sek_LiquidityCoverageRatio" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liquidity coverage ratio</link:label>
    <link:label id="lab_sek_LiquidityCoverageRatio_label_en-US" xlink:label="lab_sek_LiquidityCoverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity Coverage Ratio</link:label>
    <link:label id="lab_sek_LiquidityCoverageRatio_documentation_en-US" xlink:label="lab_sek_LiquidityCoverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the liquidity coverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LiquidityCoverageRatio" xlink:href="sek-20260630.xsd#sek_LiquidityCoverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LiquidityCoverageRatio" xlink:to="lab_sek_LiquidityCoverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets_019f1d66-ee05-70e0-85ae-dc9b3d0e162d_terseLabel_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period</link:label>
    <link:label id="lab_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets_label_en-US" xlink:label="lab_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers out of Level 1 into Level 2 of fair value hierarchy, assets held at end of reporting period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets" xlink:to="lab_ifrs-full_TransfersOutOfLevel1IntoLevel2OfFairValueHierarchyAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskBasedCapitalRequirements_019f22b1-c68b-77c7-859b-a797204733d9_totalLabel_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total risk-based capital requirement including Pillar 2 guidance</link:label>
    <link:label id="lab_sek_RiskBasedCapitalRequirements_label_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Based Capital Requirements</link:label>
    <link:label id="lab_sek_RiskBasedCapitalRequirements_documentation_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of risk-based Capital to total risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskBasedCapitalRequirements" xlink:href="sek-20260630.xsd#sek_RiskBasedCapitalRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskBasedCapitalRequirements" xlink:to="lab_sek_RiskBasedCapitalRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_019ef91c-200a-793e-9410-54c6b4584132_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_019ef91c-20b9-701c-80aa-e26bd126ba7b_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share (in SEK per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_019ef91c-20b9-7f7f-9a2e-1db03fec87b9_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of property, plant and equipment, intangible assets other than goodwill, investment property and other non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiquidityRiskMember_019ef91c-20b9-7e7a-9f3b-aa3d7ab9a4b7_terseLabel_en-US" xlink:label="lab_ifrs-full_LiquidityRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liquidity risk</link:label>
    <link:label id="lab_ifrs-full_LiquidityRiskMember_label_en-US" xlink:label="lab_ifrs-full_LiquidityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiquidityRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiquidityRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiquidityRiskMember" xlink:to="lab_ifrs-full_LiquidityRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PillarTwoCapitalRequirementsPercent_019ef91c-200a-750c-b02d-fb45ce22714a_terseLabel_en-US" xlink:label="lab_sek_PillarTwoCapitalRequirementsPercent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individual Pillar 2 requirement</link:label>
    <link:label id="lab_sek_PillarTwoCapitalRequirementsPercent_label_en-US" xlink:label="lab_sek_PillarTwoCapitalRequirementsPercent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pillar Two Capital Requirements, Percent</link:label>
    <link:label id="lab_sek_PillarTwoCapitalRequirementsPercent_documentation_en-US" xlink:label="lab_sek_PillarTwoCapitalRequirementsPercent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of pillar two capital requirements to total risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PillarTwoCapitalRequirementsPercent" xlink:href="sek-20260630.xsd#sek_PillarTwoCapitalRequirementsPercent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PillarTwoCapitalRequirementsPercent" xlink:to="lab_sek_PillarTwoCapitalRequirementsPercent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_A4.5Member_019f22b6-980a-7696-aadb-23d2562d65db_terseLabel_en-US" xlink:label="lab_sek_A4.5Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.5%</link:label>
    <link:label id="lab_sek_A4.5Member_label_en-US" xlink:label="lab_sek_A4.5Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">4.5% [Member]</link:label>
    <link:label id="lab_sek_A4.5Member_documentation_en-US" xlink:label="lab_sek_A4.5Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">4.5%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_A4.5Member" xlink:href="sek-20260630.xsd#sek_A4.5Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_A4.5Member" xlink:to="lab_sek_A4.5Member" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalRequirementFunds_019ef91c-200b-7ae2-98f3-d0dd88a8f5d7_totalLabel_en-US" xlink:label="lab_sek_CapitalRequirementFunds" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total own funds</link:label>
    <link:label id="lab_sek_CapitalRequirementFunds_label_en-US" xlink:label="lab_sek_CapitalRequirementFunds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Requirement Funds</link:label>
    <link:label id="lab_sek_CapitalRequirementFunds_documentation_en-US" xlink:label="lab_sek_CapitalRequirementFunds" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of capital requirement of the entity's own funds, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalRequirementFunds" xlink:href="sek-20260630.xsd#sek_CapitalRequirementFunds"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalRequirementFunds" xlink:to="lab_sek_CapitalRequirementFunds" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis_019ef91c-200a-71e3-8c96-defc33675a4c_terseLabel_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [axis]</link:label>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis_label_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:to="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt_019ef91c-200b-75cb-97a9-6927c66348d6_terseLabel_en-US" xlink:label="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in senior debt</link:label>
    <link:label id="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt_label_en-US" xlink:label="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows From (Used In) Due To Increase (Decrease) In Senior Debt</link:label>
    <link:label id="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt_documentation_en-US" xlink:label="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash inflow (outflow) due to an increase (decrease) in senior debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt" xlink:href="sek-20260630.xsd#sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt" xlink:to="lab_sek_CashFlowsFromUsedInDueToIncreaseDecreaseInSeniorDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CashAndCashEquivalentMember_019ef91c-200a-74cc-a115-df05a874dc69_terseLabel_en-US" xlink:label="lab_sek_CashAndCashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_sek_CashAndCashEquivalentMember_label_en-US" xlink:label="lab_sek_CashAndCashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash And Cash Equivalent [Member]</link:label>
    <link:label id="lab_sek_CashAndCashEquivalentMember_documentation_en-US" xlink:label="lab_sek_CashAndCashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for cash and cash equivalents.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CashAndCashEquivalentMember" xlink:href="sek-20260630.xsd#sek_CashAndCashEquivalentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CashAndCashEquivalentMember" xlink:to="lab_sek_CashAndCashEquivalentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities_019ef91c-200a-7e6b-9b9b-b6a811aa448e_terseLabel_en-US" xlink:label="lab_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses and prepaid revenues</link:label>
    <link:label id="lab_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accruals and deferred income including contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities" xlink:to="lab_ifrs-full_AccrualsAndDeferredIncomeIncludingContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_StandardizedApproachCalculationMember_019ef91c-200a-7962-b5e7-2901ac6c6840_terseLabel_en-US" xlink:label="lab_sek_StandardizedApproachCalculationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit risk, standardized approach</link:label>
    <link:label id="lab_sek_StandardizedApproachCalculationMember_label_en-US" xlink:label="lab_sek_StandardizedApproachCalculationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Standardized Approach Calculation [Member]</link:label>
    <link:label id="lab_sek_StandardizedApproachCalculationMember_documentation_en-US" xlink:label="lab_sek_StandardizedApproachCalculationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Approach for calculating risk-weighted asset, as defined by regulatory framework, by multiplying amount of each asset or exposure by risk-weight percentage associated with type of asset or exposure, as determined by Standardized approach.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_StandardizedApproachCalculationMember" xlink:href="sek-20260630.xsd#sek_StandardizedApproachCalculationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_StandardizedApproachCalculationMember" xlink:to="lab_sek_StandardizedApproachCalculationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageThree_019ef91c-20b9-768e-8ac9-b6c519770d94_terseLabel_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageThree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer to stage 3</link:label>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageThree_label_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageThree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Transfers To Stage Three</link:label>
    <link:label id="lab_sek_IncreaseDecreaseThroughTransfersToStageThree_documentation_en-US" xlink:label="lab_sek_IncreaseDecreaseThroughTransfersToStageThree" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) in financial assets resulting from transfers to stage 3.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_IncreaseDecreaseThroughTransfersToStageThree" xlink:href="sek-20260630.xsd#sek_IncreaseDecreaseThroughTransfersToStageThree"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_IncreaseDecreaseThroughTransfersToStageThree" xlink:to="lab_sek_IncreaseDecreaseThroughTransfersToStageThree" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_019ef91c-20b9-7590-b655-55b57599ec4f_terseLabel_en-US" xlink:label="lab_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantee commitments</link:label>
    <link:label id="lab_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_label_en-US" xlink:label="lab_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimated financial effect of contingent liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EstimatedFinancialEffectOfContingentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:to="lab_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CashFlowsFromDerivativesFormOfDebt_019ef91c-200a-7f30-a05d-032b29f24299_terseLabel_en-US" xlink:label="lab_sek_CashFlowsFromDerivativesFormOfDebt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, net</link:label>
    <link:label id="lab_sek_CashFlowsFromDerivativesFormOfDebt_label_en-US" xlink:label="lab_sek_CashFlowsFromDerivativesFormOfDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flows From Derivatives Form Of Debt</link:label>
    <link:label id="lab_sek_CashFlowsFromDerivativesFormOfDebt_documentation_en-US" xlink:label="lab_sek_CashFlowsFromDerivativesFormOfDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash inflow (outflow) from derivatives relating to debt.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CashFlowsFromDerivativesFormOfDebt" xlink:href="sek-20260630.xsd#sek_CashFlowsFromDerivativesFormOfDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CashFlowsFromDerivativesFormOfDebt" xlink:to="lab_sek_CashFlowsFromDerivativesFormOfDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock_019ef91c-200a-7613-8ca6-f1e1098edd85_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of pledged assets and contingent liabilities</link:label>
    <link:label id="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Pledged Assets And Contingent Liabilities [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of pledged assets and contingent liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock" xlink:to="lab_sek_DisclosureOfPledgedAssetsAndContingentLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_019ef91c-200a-74e2-94cb-ab4028a5d853_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Own credit risk</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, change in fair value of financial liability attributable to change in credit risk of liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxChangeInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_country_DK_019ef91c-200a-75b6-a603-aac2e2bfc371_terseLabel_en-US" xlink:label="lab_country_DK" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Denmark</link:label>
    <link:label id="lab_country_DK_label_en-US" xlink:label="lab_country_DK" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">DENMARK</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_DK" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_DK"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DK" xlink:to="lab_country_DK" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfImpairmentTableTextBlock_019ef91c-200b-7def-b107-b5ef0dc57b05_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfImpairmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of impairments</link:label>
    <link:label id="lab_sek_DisclosureOfImpairmentTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfImpairmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of impairment [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfImpairmentTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfImpairmentTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure for financial assets that are impaired.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfImpairmentTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfImpairmentTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfImpairmentTableTextBlock" xlink:to="lab_sek_DisclosureOfImpairmentTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses_019ef91c-200b-70a5-9ed1-7d01c5e7cae2_totalLabel_en-US" xlink:label="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating profit CIRR-system</link:label>
    <link:label id="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses_label_en-US" xlink:label="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (Loss) From Continuing Operations Before Reimbursement Expenses</link:label>
    <link:label id="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses_documentation_en-US" xlink:label="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of profit (loss) from continuing operations before reimbursement expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses" xlink:href="sek-20260630.xsd#sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses" xlink:to="lab_sek_ProfitLossFromContinuingOperationsBeforeReimbursementExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_AllCurrenciesDomain_019ef91c-200b-711b-9eb0-928958f44b8b_terseLabel_en-US" xlink:label="lab_currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Currencies [Domain]</link:label>
    <link:label id="lab_currency_AllCurrenciesDomain_label_en-US" xlink:label="lab_currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Currencies [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_AllCurrenciesDomain" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_AllCurrenciesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_AllCurrenciesDomain" xlink:to="lab_currency_AllCurrenciesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_019ef91c-20b9-7d2c-ab75-37931f257112_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of fair value measurement of assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossLoanCommitments_019ef91c-200a-7369-8ca5-54960f632c8e_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossLoanCommitments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed undisbursed loans</link:label>
    <link:label id="lab_ifrs-full_GrossLoanCommitments_label_en-US" xlink:label="lab_ifrs-full_GrossLoanCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross loan commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossLoanCommitments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossLoanCommitments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossLoanCommitments" xlink:to="lab_ifrs-full_GrossLoanCommitments" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault_019ef91c-200a-7ea8-99d5-07769a644d36_terseLabel_en-US" xlink:label="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business cycle parameters for base scenario for PD segments</link:label>
    <link:label id="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault_label_en-US" xlink:label="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Cycle Parameters For Base Scenario For Probability of Default</link:label>
    <link:label id="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault_documentation_en-US" xlink:label="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business cycle parameters for base scenario.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault" xlink:href="sek-20260630.xsd#sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault" xlink:to="lab_sek_BusinessCycleParametersForBaseScenarioForProbabilityOfDefault" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_019ef91c-200a-7a5c-8312-c822b8ccfe56_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income related to:</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities_019ef91c-20b9-7902-93f0-e009b761790a_negatedLabel_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gains (+) and losses (-) through profit or loss</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities_label_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Profit Or Loss, Fair Value Measurement, Net Assets (Liabilities)</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities_documentation_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The decrease (increase) in net assets (liabilities) due to losses (gains) recognised in profit or loss on the fair value measurement of net assets and liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities" xlink:href="sek-20260630.xsd#sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities" xlink:to="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementNetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CH_019ef91c-20b9-7260-973d-519c8d3dc9c6_terseLabel_en-US" xlink:label="lab_country_CH" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Switzerland</link:label>
    <link:label id="lab_country_CH_label_en-US" xlink:label="lab_country_CH" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SWITZERLAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CH" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CH"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CH" xlink:to="lab_country_CH" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract_019ef91c-200b-75b9-87b1-f0607a13e9c9_terseLabel_en-US" xlink:label="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial position for CIRR-system</link:label>
    <link:label id="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subclassifications of assets, liabilities and equities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:to="lab_ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_019ef91c-20b9-749a-bdb9-661674ceec3e_negatedLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net credit losses</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:to="lab_ifrs-full_ImpairmentLossImpairmentGainAndReversalOfImpairmentLossDeterminedInAccordanceWithIFRS9" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract_019ef91c-200b-7c7c-8720-9b155c508ce0_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in loss allowance</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in financial assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:to="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet_019ef91c-20b9-764f-8e48-50076d70a764_terseLabel_en-US" xlink:label="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit spreads (in basis points)</link:label>
    <link:label id="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet_label_en-US" xlink:label="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Spreads Significant Unobservable Inputs Assets Liabilities Net</link:label>
    <link:label id="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet_documentation_en-US" xlink:label="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit spreads used as a significant Level 3 unobservable input for assets and liabilities. Expressed in basis points</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:href="sek-20260630.xsd#sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:to="lab_sek_CreditSpreadsSignificantUnobservableInputsAssetsLiabilitiesNet" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities_019f37ec-2047-7cb0-aa39-347c4f3b6e65_negatedTerseLabel_en-US" xlink:label="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers from Level 3</link:label>
    <link:label id="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities_label_en-US" xlink:label="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transfers Out Of Level 3 Of Fair Value Hierarchy, Net Assets (Liabilities)</link:label>
    <link:label id="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities_documentation_en-US" xlink:label="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transfers Out Of Level 3 Of Fair Value Hierarchy, Net Assets (Liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities" xlink:href="sek-20260630.xsd#sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities" xlink:to="lab_sek_TransfersOutOfLevel3OfFairValueHierarchyNetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_country_AT_019ef91c-200a-7fb1-abbb-ed315afccdd8_terseLabel_en-US" xlink:label="lab_country_AT" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Austria</link:label>
    <link:label id="lab_country_AT_label_en-US" xlink:label="lab_country_AT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AUSTRIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_AT" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_AT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AT" xlink:to="lab_country_AT" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_019ef91c-20b9-7d41-96f1-14f7c6d3bfa9_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_019ef91c-200a-7165-a466-e6d6bddfa19e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherPriceRiskMember_019ef91c-20b9-7894-992d-65ae997de149_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_OtherPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherPriceRiskMember" xlink:to="lab_ifrs-full_OtherPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfSSystemTableTextBlock_019ef91c-200b-7b7e-a866-844ec30bc53e_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfSSystemTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of information about CIRR-system</link:label>
    <link:label id="lab_sek_DisclosureOfSSystemTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfSSystemTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of S System [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfSSystemTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfSSystemTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of information about CIRR-systems including financial statement location and results by type of loan.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfSSystemTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfSSystemTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfSSystemTableTextBlock" xlink:to="lab_sek_DisclosureOfSSystemTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_BE_019ef91c-200b-77e8-b729-94dab84fd40b_terseLabel_en-US" xlink:label="lab_country_BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Belgium</link:label>
    <link:label id="lab_country_BE_label_en-US" xlink:label="lab_country_BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BELGIUM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_BE" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BE" xlink:to="lab_country_BE" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OwnCreditAdjustmentMember_019ef91c-20b9-7236-8b82-7554b714d9b9_terseLabel_en-US" xlink:label="lab_sek_OwnCreditAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OCA</link:label>
    <link:label id="lab_sek_OwnCreditAdjustmentMember_label_en-US" xlink:label="lab_sek_OwnCreditAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Own Credit Adjustment [Member]</link:label>
    <link:label id="lab_sek_OwnCreditAdjustmentMember_documentation_en-US" xlink:label="lab_sek_OwnCreditAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for OCA (Own credit adjustment) reflects how the changes in SEK's credit rating affects the fair value of financial liabilities measured at fair value through profit and loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OwnCreditAdjustmentMember" xlink:href="sek-20260630.xsd#sek_OwnCreditAdjustmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OwnCreditAdjustmentMember" xlink:to="lab_sek_OwnCreditAdjustmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable_019ef91c-200a-75ae-8c14-c446fe2a4fe5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract_019ef91c-200b-7646-b107-c2b9a669d315_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities_019ef91c-200b-77c6-be81-835aef89d536_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash collateral under the security agreements for derivative contracts</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets pledged as collateral for liabilities or contingent liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:to="lab_ifrs-full_FinancialAssetsPledgedAsCollateralForLiabilitiesOrContingentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember_019ef91c-200a-7d22-9a60-2423a2e2978a_terseLabel_en-US" xlink:label="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balances with National Debt Office</link:label>
    <link:label id="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember_label_en-US" xlink:label="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balances With Other Banks And National Debt Office [Member]</link:label>
    <link:label id="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember_documentation_en-US" xlink:label="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Balances with other banks and National Debt Office.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember" xlink:href="sek-20260630.xsd#sek_BalancesWithOtherBanksAndNationalDebtOfficeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember" xlink:to="lab_sek_BalancesWithOtherBanksAndNationalDebtOfficeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets_019ef91c-200a-7f19-a92f-52b7677290ee_terseLabel_en-US" xlink:label="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tangible and intangible assets</link:label>
    <link:label id="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets_label_en-US" xlink:label="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Plant And Equipment And Intangible Assets</link:label>
    <link:label id="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets_documentation_en-US" xlink:label="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property Plant And Equipment And Intangible Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PropertyPlantAndEquipmentAndIntangibleAssets" xlink:href="sek-20260630.xsd#sek_PropertyPlantAndEquipmentAndIntangibleAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PropertyPlantAndEquipmentAndIntangibleAssets" xlink:to="lab_sek_PropertyPlantAndEquipmentAndIntangibleAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Liabilities_019ef91c-200a-72d2-ae0e-816b6865a5e7_totalLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_AUD_019ef91c-200a-7096-8175-5d89eed4ba4a_terseLabel_en-US" xlink:label="lab_currency_AUD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AUD</link:label>
    <link:label id="lab_currency_AUD_label_en-US" xlink:label="lab_currency_AUD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Australia, Dollars</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_AUD" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_AUD"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_AUD" xlink:to="lab_currency_AUD" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses_019ef91c-200a-7686-b6b8-08a23cf1af11_terseLabel_en-US" xlink:label="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves applied to cover established credit losses</link:label>
    <link:label id="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses_label_en-US" xlink:label="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserves Applied To Cover Established Credit Losses</link:label>
    <link:label id="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses_documentation_en-US" xlink:label="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of reserves applied to cover established credit losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReservesAppliedToCoverEstablishedCreditLosses" xlink:href="sek-20260630.xsd#sek_ReservesAppliedToCoverEstablishedCreditLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReservesAppliedToCoverEstablishedCreditLosses" xlink:to="lab_sek_ReservesAppliedToCoverEstablishedCreditLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee_019ef91c-200b-75ac-9569-579f4bb57c9d_negatedLabel_en-US" xlink:label="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expenses</link:label>
    <link:label id="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee_label_en-US" xlink:label="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expenses Other Than Resolution Fee, Risk Tax And Regulatory Fee</link:label>
    <link:label id="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee_documentation_en-US" xlink:label="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of interest expenses other than resolution fee and risk tax.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee" xlink:href="sek-20260630.xsd#sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee" xlink:to="lab_sek_InterestExpensesOtherThanResolutionFeeRiskTaxAndRegulatoryFee" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetCreditExposure_019ef91c-20b9-7c54-b3db-200ba1117312_terseLabel_en-US" xlink:label="lab_sek_NetCreditExposure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net exposure</link:label>
    <link:label id="lab_sek_NetCreditExposure_label_en-US" xlink:label="lab_sek_NetCreditExposure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Credit Exposure</link:label>
    <link:label id="lab_sek_NetCreditExposure_documentation_en-US" xlink:label="lab_sek_NetCreditExposure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of net exposure to loss resulting from credit risk. Exposure is reported as a positive number.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetCreditExposure" xlink:href="sek-20260630.xsd#sek_NetCreditExposure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetCreditExposure" xlink:to="lab_sek_NetCreditExposure" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapital_019ef91c-200b-7a64-97ee-091a4bdd323b_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share capital</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_label_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapital" xlink:to="lab_ifrs-full_IssuedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets_019ef91c-200a-7cb2-bea5-3a9916e61d3c_terseLabel_en-US" xlink:label="lab_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses and accrued revenues</link:label>
    <link:label id="lab_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets_label_en-US" xlink:label="lab_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepayments and accrued income including contract assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets" xlink:to="lab_ifrs-full_PrepaymentsAndAccruedIncomeIncludingContractAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CentralGovernmentsMember_019ef91c-200b-734a-abc7-5aed13c9db0f_terseLabel_en-US" xlink:label="lab_sek_CentralGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Central governments</link:label>
    <link:label id="lab_sek_CentralGovernmentsMember_019ef91c-200b-7dc7-8d4f-36bf6bcc2034_verboseLabel_en-US" xlink:label="lab_sek_CentralGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Central governments</link:label>
    <link:label id="lab_sek_CentralGovernmentsMember_label_en-US" xlink:label="lab_sek_CentralGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Central Governments [Member]</link:label>
    <link:label id="lab_sek_CentralGovernmentsMember_documentation_en-US" xlink:label="lab_sek_CentralGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Central governments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CentralGovernmentsMember" xlink:href="sek-20260630.xsd#sek_CentralGovernmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CentralGovernmentsMember" xlink:to="lab_sek_CentralGovernmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract_019ef91c-200b-7907-8419-9bd1c66793b6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value related to credit risk</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_019ef91c-200b-7b71-beb1-81f5c2e51273_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount_019ef91c-200a-705d-a63a-dc1d72733548_terseLabel_en-US" xlink:label="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional capital (pillar 2 guidance) of total leverage ratio exposure</link:label>
    <link:label id="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount_label_en-US" xlink:label="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Additional Capital (Pillar 2 Guidance) of Total Risk-Weighted Exposure Amount</link:label>
    <link:label id="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount_documentation_en-US" xlink:label="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the percentage of additional capital (pillar 2 guidance) of the total risk-weighted exposure amount.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount" xlink:href="sek-20260630.xsd#sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount" xlink:to="lab_sek_PercentageOfAdditionalCapitalPillar2GuidanceOfTotalRiskWeightedExposureAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses_019ef91c-20b9-771b-8a8c-b83f4b41f0ea_totalLabel_en-US" xlink:label="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Profit before compensation to SEK</link:label>
    <link:label id="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses_label_en-US" xlink:label="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (Loss) From Continuing Operations Before Remuneration To Parent Company And Reimbursement Expenses</link:label>
    <link:label id="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses_documentation_en-US" xlink:label="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of income (loss) from continuing operations before deduction of remuneration to parent company and reimbursement expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses" xlink:href="sek-20260630.xsd#sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses" xlink:to="lab_sek_ProfitLossFromContinuingOperationsBeforeRemunerationToParentCompanyAndReimbursementExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SeparateMember_019ef91c-20b9-78e9-8dc5-b1cebf1a303e_terseLabel_en-US" xlink:label="lab_ifrs-full_SeparateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Separate</link:label>
    <link:label id="lab_ifrs-full_SeparateMember_label_en-US" xlink:label="lab_ifrs-full_SeparateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Separate [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SeparateMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SeparateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SeparateMember" xlink:to="lab_ifrs-full_SeparateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements_019ef91c-200b-7294-afd8-5a0be2f09a0a_terseLabel_en-US" xlink:label="lab_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting policies</link:label>
    <link:label id="lab_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements_label_en-US" xlink:label="lab_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policies and methods of computation followed in interim financial statements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements" xlink:to="lab_ifrs-full_ExplanationOfAccountingPoliciesAndMethodsOfComputationFollowedInInterimFinancialStatements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_019ef91c-200b-7f37-adeb-93713c553be3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities at fair value</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilities_019ef91c-20b9-7aac-afcf-ef8c1461fbcb_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Book value of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilities" xlink:to="lab_ifrs-full_FinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LoansInFormOfInterestBearingSecuritiesMember_019ef91c-200a-7d10-8417-92c36c5c0b56_terseLabel_en-US" xlink:label="lab_sek_LoansInFormOfInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans in the form of interest-bearing securities</link:label>
    <link:label id="lab_sek_LoansInFormOfInterestBearingSecuritiesMember_label_en-US" xlink:label="lab_sek_LoansInFormOfInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans In Form Of Interest Bearing Securities [Member]</link:label>
    <link:label id="lab_sek_LoansInFormOfInterestBearingSecuritiesMember_documentation_en-US" xlink:label="lab_sek_LoansInFormOfInterestBearingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for loans in the form of interest-bearing securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LoansInFormOfInterestBearingSecuritiesMember" xlink:href="sek-20260630.xsd#sek_LoansInFormOfInterestBearingSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LoansInFormOfInterestBearingSecuritiesMember" xlink:to="lab_sek_LoansInFormOfInterestBearingSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable_019ef91c-200b-73b6-9064-af55e7e53da7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_019ef91c-200a-7623-b7d8-bd463922eb23_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax expenses</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepositsFromBanks_019ef91c-200a-76a9-a85a-ff7f7a48be26_terseLabel_en-US" xlink:label="lab_ifrs-full_DepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowing from credit institutions</link:label>
    <link:label id="lab_ifrs-full_DepositsFromBanks_label_en-US" xlink:label="lab_ifrs-full_DepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits from banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepositsFromBanks" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepositsFromBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepositsFromBanks" xlink:to="lab_ifrs-full_DepositsFromBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio_019f22bd-16b0-753e-a145-a036db7cce78_totalLabel_en-US" xlink:label="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total capital requirement relating to Leverage ratio including Pillar 2 guidance</link:label>
    <link:label id="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio_label_en-US" xlink:label="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Capital Requirement Relating to Leverage Ratio</link:label>
    <link:label id="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio_documentation_en-US" xlink:label="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of total capital requirement relating to leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TotalCapitalRequirementRelatingToLeverageRatio" xlink:href="sek-20260630.xsd#sek_TotalCapitalRequirementRelatingToLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TotalCapitalRequirementRelatingToLeverageRatio" xlink:to="lab_sek_TotalCapitalRequirementRelatingToLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_019ef91c-200b-75a5-a82b-cfc745d3fda5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Events after the reporting period</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskWeightedAssetCalculationMethodologyAxis_019ef91c-20b9-77a8-8394-f383870ea02b_terseLabel_en-US" xlink:label="lab_sek_RiskWeightedAssetCalculationMethodologyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk Weighted Asset Calculation Methodology [Axis]</link:label>
    <link:label id="lab_sek_RiskWeightedAssetCalculationMethodologyAxis_label_en-US" xlink:label="lab_sek_RiskWeightedAssetCalculationMethodologyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Weighted Asset Calculation Methodology [Axis]</link:label>
    <link:label id="lab_sek_RiskWeightedAssetCalculationMethodologyAxis_documentation_en-US" xlink:label="lab_sek_RiskWeightedAssetCalculationMethodologyAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information by approach for calculating risk-weighted assets as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskWeightedAssetCalculationMethodologyAxis" xlink:href="sek-20260630.xsd#sek_RiskWeightedAssetCalculationMethodologyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskWeightedAssetCalculationMethodologyAxis" xlink:to="lab_sek_RiskWeightedAssetCalculationMethodologyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember_019ef91c-20b9-7604-86fa-0465f94860fe_terseLabel_en-US" xlink:label="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 1</link:label>
    <link:label id="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember_label_en-US" xlink:label="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">12-month expected credit losses [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TwelvemonthExpectedCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:to="lab_ifrs-full_TwelvemonthExpectedCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_019ef91c-200b-76c0-829e-8295167d6fcb_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AdditionalPillarTwoGuidancePercentage_019ef91c-200b-7cf0-b49c-d644ee03d872_terseLabel_en-US" xlink:label="lab_sek_AdditionalPillarTwoGuidancePercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional capital pillar 2 guidance</link:label>
    <link:label id="lab_sek_AdditionalPillarTwoGuidancePercentage_label_en-US" xlink:label="lab_sek_AdditionalPillarTwoGuidancePercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Pillar Two Guidance Percentage</link:label>
    <link:label id="lab_sek_AdditionalPillarTwoGuidancePercentage_documentation_en-US" xlink:label="lab_sek_AdditionalPillarTwoGuidancePercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of additional pillar two guidance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AdditionalPillarTwoGuidancePercentage" xlink:href="sek-20260630.xsd#sek_AdditionalPillarTwoGuidancePercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AdditionalPillarTwoGuidancePercentage" xlink:to="lab_sek_AdditionalPillarTwoGuidancePercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_WeightOfBaseScenario_019ef91c-200b-750c-9f7e-a87585e61d54_terseLabel_en-US" xlink:label="lab_sek_WeightOfBaseScenario" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weight of base scenario</link:label>
    <link:label id="lab_sek_WeightOfBaseScenario_label_en-US" xlink:label="lab_sek_WeightOfBaseScenario" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weight Of Base Scenario</link:label>
    <link:label id="lab_sek_WeightOfBaseScenario_documentation_en-US" xlink:label="lab_sek_WeightOfBaseScenario" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weight Of Base Scenario</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_WeightOfBaseScenario" xlink:href="sek-20260630.xsd#sek_WeightOfBaseScenario"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_WeightOfBaseScenario" xlink:to="lab_sek_WeightOfBaseScenario" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_019ef91c-200b-7d29-83d1-8dff0b49288a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pledged assets and contingent liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions, contingent liabilities and contingent assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory_019ef91c-20b9-70fc-b561-882a2a0fe41d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of impairment of assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfImpairmentOfAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OffbalanceSheetExposuresForLeverageRatio_019ef91c-200a-7755-ab02-bd2187288e5f_terseLabel_en-US" xlink:label="lab_sek_OffbalanceSheetExposuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Off-balance sheet exposures</link:label>
    <link:label id="lab_sek_OffbalanceSheetExposuresForLeverageRatio_label_en-US" xlink:label="lab_sek_OffbalanceSheetExposuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offbalance Sheet Exposures For Leverage Ratio</link:label>
    <link:label id="lab_sek_OffbalanceSheetExposuresForLeverageRatio_documentation_en-US" xlink:label="lab_sek_OffbalanceSheetExposuresForLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of off-balance sheet exposure include commitments (including liquidity facilities), whether or not unconditionally cancellable, direct credit substitutes, acceptances, standby letters of credit, trade letters of credit, etc., for calculating leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OffbalanceSheetExposuresForLeverageRatio" xlink:href="sek-20260630.xsd#sek_OffbalanceSheetExposuresForLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OffbalanceSheetExposuresForLeverageRatio" xlink:to="lab_sek_OffbalanceSheetExposuresForLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain_019ef91c-200b-74ee-b210-204aacf04ec2_terseLabel_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [domain]</link:label>
    <link:label id="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain_label_en-US" xlink:label="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of measurement of expected credit losses [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:to="lab_ifrs-full_TypeOfMeasurementOfExpectedCreditLossesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019ef91c-200b-7285-909a-09d14c5e7585_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019ef91c-200b-709e-827a-6feda59c080b_negatedPeriodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at beginning of period</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019ef91c-200b-7a5e-920a-97730e68accf_negatedPeriodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at end of period</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019ef91c-200b-7a57-aa94-e6a0fed17521_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_019ef91c-200b-7f0c-9d13-24417c6f69db_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement_019ef91c-200a-7b53-82bf-385a81d97533_verboseLabel_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">of which minimum requirement of 4.5 percent</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement_label_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Capital Ratio Minimum Common Equity Tier One Requirement</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement_documentation_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement" xlink:href="sek-20260630.xsd#sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement" xlink:to="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioMinimumCommonEquityTierOneRequirement" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NumberOfScenariosPreparedForEachPDCurve_019ef91c-200b-7daa-aed7-be5d95158264_terseLabel_en-US" xlink:label="lab_sek_NumberOfScenariosPreparedForEachPDCurve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of scenarios prepared for each PD curve</link:label>
    <link:label id="lab_sek_NumberOfScenariosPreparedForEachPDCurve_label_en-US" xlink:label="lab_sek_NumberOfScenariosPreparedForEachPDCurve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Scenarios Prepared For Each PD Curve</link:label>
    <link:label id="lab_sek_NumberOfScenariosPreparedForEachPDCurve_documentation_en-US" xlink:label="lab_sek_NumberOfScenariosPreparedForEachPDCurve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Scenarios Prepared For Each PD Curve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NumberOfScenariosPreparedForEachPDCurve" xlink:href="sek-20260630.xsd#sek_NumberOfScenariosPreparedForEachPDCurve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NumberOfScenariosPreparedForEachPDCurve" xlink:to="lab_sek_NumberOfScenariosPreparedForEachPDCurve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdministrativeExpense_019ef91c-200a-7091-82e8-90c72eb374bb_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdministrativeExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other administrative expenses</link:label>
    <link:label id="lab_ifrs-full_AdministrativeExpense_label_en-US" xlink:label="lab_ifrs-full_AdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdministrativeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdministrativeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdministrativeExpense" xlink:to="lab_ifrs-full_AdministrativeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_LeverageRatioTableTextBlock_019ef91c-20b9-7bfe-ae26-cd0aa888f861_terseLabel_en-US" xlink:label="lab_sek_LeverageRatioTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of leverage ratio</link:label>
    <link:label id="lab_sek_LeverageRatioTableTextBlock_label_en-US" xlink:label="lab_sek_LeverageRatioTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leverage Ratio [Table Text Block]</link:label>
    <link:label id="lab_sek_LeverageRatioTableTextBlock_documentation_en-US" xlink:label="lab_sek_LeverageRatioTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_LeverageRatioTableTextBlock" xlink:href="sek-20260630.xsd#sek_LeverageRatioTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_LeverageRatioTableTextBlock" xlink:to="lab_sek_LeverageRatioTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_019ef91c-200a-702b-b451-b15ae396f9bd_terseLabel_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:label id="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation techniques used in fair value measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:to="lab_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_019ef91c-20b9-7c31-a622-77bdf09bb77a_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax on items to be reclassified to profit or loss</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_country_GB_019ef91c-200a-7e57-9f76-4d3c3564e9fa_terseLabel_en-US" xlink:label="lab_country_GB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">United Kingdom</link:label>
    <link:label id="lab_country_GB_label_en-US" xlink:label="lab_country_GB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED KINGDOM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_GB" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_GB"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GB" xlink:to="lab_country_GB" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TopOfRangeMember_019ef91c-200b-7d87-ab73-48708609a75d_terseLabel_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Top of range</link:label>
    <link:label id="lab_ifrs-full_TopOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Top of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital_019ef91c-200a-71eb-96f0-e8612626820b_terseLabel_en-US" xlink:label="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total regulatory adjustments to Common Equity Tier 1 capital</link:label>
    <link:label id="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital_label_en-US" xlink:label="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Adjustments To Common Equity Tier One Capital</link:label>
    <link:label id="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital_documentation_en-US" xlink:label="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of total regulatory adjustments to Common Equity Tier 1 capital.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital" xlink:href="sek-20260630.xsd#sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital" xlink:to="lab_sek_RegulatoryAdjustmentsToCommonEquityTierOneCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis_019ef91c-200b-758d-bf9f-6e3a07fcbf02_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ExposureAtDefault_019ef91c-20b9-7666-bc4a-e7b814e342fd_terseLabel_en-US" xlink:label="lab_sek_ExposureAtDefault" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EAD</link:label>
    <link:label id="lab_sek_ExposureAtDefault_label_en-US" xlink:label="lab_sek_ExposureAtDefault" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exposure At Default</link:label>
    <link:label id="lab_sek_ExposureAtDefault_documentation_en-US" xlink:label="lab_sek_ExposureAtDefault" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount that represents the exposure at default.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ExposureAtDefault" xlink:href="sek-20260630.xsd#sek_ExposureAtDefault"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ExposureAtDefault" xlink:to="lab_sek_ExposureAtDefault" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OtherRegulatoryFees_019efeb9-5326-7541-93f5-0329352e7b70_negatedLabel_en-US" xlink:label="lab_sek_OtherRegulatoryFees" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other regulatory fees</link:label>
    <link:label id="lab_sek_OtherRegulatoryFees_label_en-US" xlink:label="lab_sek_OtherRegulatoryFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Regulatory Fees</link:label>
    <link:label id="lab_sek_OtherRegulatoryFees_documentation_en-US" xlink:label="lab_sek_OtherRegulatoryFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Regulatory Fees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OtherRegulatoryFees" xlink:href="sek-20260630.xsd#sek_OtherRegulatoryFees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OtherRegulatoryFees" xlink:to="lab_sek_OtherRegulatoryFees" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TypeOfExposureClassAxis_019ef91c-200b-747d-a236-3912e7c03ec5_terseLabel_en-US" xlink:label="lab_sek_TypeOfExposureClassAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type Of Exposure Class [Axis]</link:label>
    <link:label id="lab_sek_TypeOfExposureClassAxis_label_en-US" xlink:label="lab_sek_TypeOfExposureClassAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type Of Exposure Class [Axis]</link:label>
    <link:label id="lab_sek_TypeOfExposureClassAxis_documentation_en-US" xlink:label="lab_sek_TypeOfExposureClassAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TypeOfExposureClassAxis" xlink:href="sek-20260630.xsd#sek_TypeOfExposureClassAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TypeOfExposureClassAxis" xlink:to="lab_sek_TypeOfExposureClassAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskTax_019ef91c-200b-799a-b92e-6b03300c2b1b_negatedLabel_en-US" xlink:label="lab_sek_RiskTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Risk tax</link:label>
    <link:label id="lab_sek_RiskTax_label_en-US" xlink:label="lab_sek_RiskTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Tax</link:label>
    <link:label id="lab_sek_RiskTax_documentation_en-US" xlink:label="lab_sek_RiskTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of expenditure as per Law of Risk Tax.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskTax" xlink:href="sek-20260630.xsd#sek_RiskTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskTax" xlink:to="lab_sek_RiskTax" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_019ef91c-20b9-7061-93ec-66e5bd454ea8_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_country_ES_019ef91c-200b-7b6c-9003-4e3df6b8c28e_terseLabel_en-US" xlink:label="lab_country_ES" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Spain</link:label>
    <link:label id="lab_country_ES_label_en-US" xlink:label="lab_country_ES" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SPAIN</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_ES" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ES"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ES" xlink:to="lab_country_ES" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_019ef91c-200a-7df0-9c5b-0e8567582fe6_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_019ef91c-20b9-7022-8b7b-68134491b44a_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net items not to be reclassified to profit or loss</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CorporatesMember_019ef91c-200b-7a2c-ae19-95a9c02f9cb3_terseLabel_en-US" xlink:label="lab_sek_CorporatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporates</link:label>
    <link:label id="lab_sek_CorporatesMember_label_en-US" xlink:label="lab_sek_CorporatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporates [Member]</link:label>
    <link:label id="lab_sek_CorporatesMember_documentation_en-US" xlink:label="lab_sek_CorporatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents corporates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CorporatesMember" xlink:href="sek-20260630.xsd#sek_CorporatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CorporatesMember" xlink:to="lab_sek_CorporatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ForeignCountriesMember_019ef91c-200b-7aba-b230-776ded3520b0_terseLabel_en-US" xlink:label="lab_ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign countries</link:label>
    <link:label id="lab_ifrs-full_ForeignCountriesMember_label_en-US" xlink:label="lab_ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign countries [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ForeignCountriesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForeignCountriesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForeignCountriesMember" xlink:to="lab_ifrs-full_ForeignCountriesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfCapitalBufferRequirements_019ef91c-200a-7a3e-8688-bca17b542475_totalLabel_en-US" xlink:label="lab_sek_AmountOfCapitalBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Capital buffer requirements</link:label>
    <link:label id="lab_sek_AmountOfCapitalBufferRequirements_label_en-US" xlink:label="lab_sek_AmountOfCapitalBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Capital Buffer Requirements</link:label>
    <link:label id="lab_sek_AmountOfCapitalBufferRequirements_documentation_en-US" xlink:label="lab_sek_AmountOfCapitalBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of capital buffer requirements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfCapitalBufferRequirements" xlink:href="sek-20260630.xsd#sek_AmountOfCapitalBufferRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfCapitalBufferRequirements" xlink:to="lab_sek_AmountOfCapitalBufferRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock_019ef91c-20b9-70bc-b775-195c4a6d9e79_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of financial assets and liabilities at fair value by class</link:label>
    <link:label id="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Fair Value, by Balance Sheet Grouping [Table Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock" xlink:to="lab_sek_DisclosureOfFairValueByBalanceSheetGroupingTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_019ef91c-200a-7618-bce9-435de0615f2f_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax on items not to be reclassified to profit or loss</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income that will not be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TierOneCapitalRatio_019ef91c-200b-7f50-9a25-09e84b56e0bf_terseLabel_en-US" xlink:label="lab_sek_TierOneCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tier 1 capital ratio</link:label>
    <link:label id="lab_sek_TierOneCapitalRatio_label_en-US" xlink:label="lab_sek_TierOneCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tier One Capital Ratio</link:label>
    <link:label id="lab_sek_TierOneCapitalRatio_documentation_en-US" xlink:label="lab_sek_TierOneCapitalRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of Tier one risk-based capital to risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TierOneCapitalRatio" xlink:href="sek-20260630.xsd#sek_TierOneCapitalRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TierOneCapitalRatio" xlink:to="lab_sek_TierOneCapitalRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_019ef91c-200b-707f-b198-a61591d65d21_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AdvancedApproachesMember_019ef91c-20b9-7f04-9b20-48ed1ca1c19b_terseLabel_en-US" xlink:label="lab_sek_AdvancedApproachesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit risk, IRB approach</link:label>
    <link:label id="lab_sek_AdvancedApproachesMember_label_en-US" xlink:label="lab_sek_AdvancedApproachesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advanced Approaches [Member]</link:label>
    <link:label id="lab_sek_AdvancedApproachesMember_documentation_en-US" xlink:label="lab_sek_AdvancedApproachesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Approach for calculating risk-weighted asset, as defined by regulatory framework, by multiplying amount of each asset or exposure by risk-weight percentage associated with type of asset or exposure as determined by Advanced approach.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AdvancedApproachesMember" xlink:href="sek-20260630.xsd#sek_AdvancedApproachesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AdvancedApproachesMember" xlink:to="lab_sek_AdvancedApproachesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_019ef91c-200b-796c-bab6-806fd74bc4fe_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GovernmentDebtInstrumentsHeld_019ef91c-20b9-7c46-8209-39c60f0937e4_terseLabel_en-US" xlink:label="lab_ifrs-full_GovernmentDebtInstrumentsHeld" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasuries/government bonds</link:label>
    <link:label id="lab_ifrs-full_GovernmentDebtInstrumentsHeld_label_en-US" xlink:label="lab_ifrs-full_GovernmentDebtInstrumentsHeld" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government debt instruments held</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GovernmentDebtInstrumentsHeld" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GovernmentDebtInstrumentsHeld"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GovernmentDebtInstrumentsHeld" xlink:to="lab_ifrs-full_GovernmentDebtInstrumentsHeld" xlink:type="arc" order="1"/>
    <link:label id="lab_country_FI_019ef91c-200b-7711-82d8-0e3a7e7d6fec_terseLabel_en-US" xlink:label="lab_country_FI" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finland</link:label>
    <link:label id="lab_country_FI_label_en-US" xlink:label="lab_country_FI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FINLAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_FI" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_FI"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_FI" xlink:to="lab_country_FI" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_019ef91c-200b-7bb9-80ef-5e7927601ddb_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets_019ef91c-200b-7aea-b9fa-45ea47b29b47_terseLabel_en-US" xlink:label="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surplus value (+) /Deficit value (-), financial assets</link:label>
    <link:label id="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets_label_en-US" xlink:label="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surplus (Deficit) Comparing Fair Value To Carrying Value Of Financial Assets</link:label>
    <link:label id="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets_documentation_en-US" xlink:label="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The surplus (deficit) when comparing fair value to carrying amount of financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets" xlink:href="sek-20260630.xsd#sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets" xlink:to="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_019ef91c-20b9-77ba-965e-42e5a30f44cd_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FX</link:label>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_019ef91c-20b9-7a2f-802e-ed3ffc597c6f_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange risk</link:label>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_label_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencyRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyRiskMember" xlink:to="lab_ifrs-full_CurrencyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_FR_019ef91c-200b-70cb-bdbe-6c64a8f82393_terseLabel_en-US" xlink:label="lab_country_FR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">France</link:label>
    <link:label id="lab_country_FR_label_en-US" xlink:label="lab_country_FR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FRANCE</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_FR" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_FR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_FR" xlink:to="lab_country_FR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeAxis_019ef91c-200b-7b30-a30c-ca163495ecc1_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:label id="lab_ifrs-full_RangeAxis_label_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember_019ef91c-200b-7098-bb55-b3eb831e55a9_terseLabel_en-US" xlink:label="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contracts related to commodities, credit risk, etc.</link:label>
    <link:label id="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember_label_en-US" xlink:label="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Contracts Related To Raw Materials Credit Risk [Member]</link:label>
    <link:label id="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember_documentation_en-US" xlink:label="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents debt contracts related to raw materials, credit risk etc.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember" xlink:href="sek-20260630.xsd#sek_DebtContractsRelatedToRawMaterialsCreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember" xlink:to="lab_sek_DebtContractsRelatedToRawMaterialsCreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_019ef91c-200a-7ba5-91da-032faf477287_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets_019ef91c-200a-7ebb-b33e-2bf5384de035_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange-rate differences</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through foreign exchange, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems_019ef91c-200a-79d7-8ce3-6be32b9f2307_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInLossAllowanceAndExplanationOfChangesInGrossCarryingAmountForFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_IFRSLoansMember_019ef91c-200b-7b08-9f4c-5d03c8f0d5fe_terseLabel_en-US" xlink:label="lab_sek_IFRSLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans</link:label>
    <link:label id="lab_sek_IFRSLoansMember_label_en-US" xlink:label="lab_sek_IFRSLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IFRS Loans [Member]</link:label>
    <link:label id="lab_sek_IFRSLoansMember_documentation_en-US" xlink:label="lab_sek_IFRSLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents loans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_IFRSLoansMember" xlink:href="sek-20260630.xsd#sek_IFRSLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_IFRSLoansMember" xlink:to="lab_sek_IFRSLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_019ef91c-20b9-7aa9-bcd2-5dfe4f75eaca_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating profit</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_019ef91c-20b9-7f97-b0d0-13ccab712004_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating profit</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax" xlink:to="lab_ifrs-full_ProfitLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019ef91c-200a-77f4-bce0-493ef542b9db_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019ef91c-200a-7620-a4cf-7cc5e4f90d31_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_019ef91c-200a-7714-90b0-e6b29bc20fae_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CounterpartiesDomain_019ef91c-200a-7962-b8b5-dd1492437dac_terseLabel_en-US" xlink:label="lab_ifrs-full_CounterpartiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparties [domain]</link:label>
    <link:label id="lab_ifrs-full_CounterpartiesDomain_label_en-US" xlink:label="lab_ifrs-full_CounterpartiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparties [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CounterpartiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CounterpartiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CounterpartiesDomain" xlink:to="lab_ifrs-full_CounterpartiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock_019ef91c-200b-79e0-a38b-6d7750494124_terseLabel_en-US" xlink:label="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of minimum capital requirements exclusive of buffers</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock_label_en-US" xlink:label="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Capital Requirements Exclusive of Buffers [Table Text Block]</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock_documentation_en-US" xlink:label="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of minimum capital requirements exclusive of buffers.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock" xlink:href="sek-20260630.xsd#sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock" xlink:to="lab_sek_MinimumCapitalRequirementsExclusiveOfBuffersTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CurrencyRelatedContractsMember_019ef91c-200b-7e00-a3fb-a487a949691f_terseLabel_en-US" xlink:label="lab_sek_CurrencyRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency-related contracts</link:label>
    <link:label id="lab_sek_CurrencyRelatedContractsMember_label_en-US" xlink:label="lab_sek_CurrencyRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency-Related Contracts [Member]</link:label>
    <link:label id="lab_sek_CurrencyRelatedContractsMember_documentation_en-US" xlink:label="lab_sek_CurrencyRelatedContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member represents currency-related contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CurrencyRelatedContractsMember" xlink:href="sek-20260630.xsd#sek_CurrencyRelatedContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CurrencyRelatedContractsMember" xlink:to="lab_sek_CurrencyRelatedContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_EstablishedLossesOnFinancialAssets_019ef91c-200b-7195-8062-88c9440babd6_negatedLabel_en-US" xlink:label="lab_sek_EstablishedLossesOnFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Established credit losses</link:label>
    <link:label id="lab_sek_EstablishedLossesOnFinancialAssets_label_en-US" xlink:label="lab_sek_EstablishedLossesOnFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Established Losses On Financial Assets</link:label>
    <link:label id="lab_sek_EstablishedLossesOnFinancialAssets_documentation_en-US" xlink:label="lab_sek_EstablishedLossesOnFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of established losses on financial assets during the reporting period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_EstablishedLossesOnFinancialAssets" xlink:href="sek-20260630.xsd#sek_EstablishedLossesOnFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_EstablishedLossesOnFinancialAssets" xlink:to="lab_sek_EstablishedLossesOnFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_019ef91c-200b-78ef-ae09-6e384d3293f5_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flow for the period</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_UndisbursedLoansDerivativesMember_019ef91c-200a-7952-9116-0e53adf36820_terseLabel_en-US" xlink:label="lab_sek_UndisbursedLoansDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed undisbursed loans, derivatives, etc.</link:label>
    <link:label id="lab_sek_UndisbursedLoansDerivativesMember_label_en-US" xlink:label="lab_sek_UndisbursedLoansDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undisbursed Loans Derivatives [Member]</link:label>
    <link:label id="lab_sek_UndisbursedLoansDerivativesMember_documentation_en-US" xlink:label="lab_sek_UndisbursedLoansDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Undisbursed loans, derivatives [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_UndisbursedLoansDerivativesMember" xlink:href="sek-20260630.xsd#sek_UndisbursedLoansDerivativesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_UndisbursedLoansDerivativesMember" xlink:to="lab_sek_UndisbursedLoansDerivativesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfLiquidityRiskExplanatory_019ef91c-200b-7ed6-8737-bbe147aaca6a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfLiquidityRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of liquidity reserve</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfLiquidityRiskExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfLiquidityRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of liquidity risk [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfLiquidityRiskExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfLiquidityRiskExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfLiquidityRiskExplanatory" xlink:to="lab_ifrs-full_DisclosureOfLiquidityRiskExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PercentageOfCapitalBufferRequirements_019ef91c-200b-74ac-aff2-bb5062b9727d_totalLabel_en-US" xlink:label="lab_sek_PercentageOfCapitalBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Capital buffer requirements</link:label>
    <link:label id="lab_sek_PercentageOfCapitalBufferRequirements_label_en-US" xlink:label="lab_sek_PercentageOfCapitalBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Capital Buffer Requirements</link:label>
    <link:label id="lab_sek_PercentageOfCapitalBufferRequirements_documentation_en-US" xlink:label="lab_sek_PercentageOfCapitalBufferRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of capital buffer requirements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PercentageOfCapitalBufferRequirements" xlink:href="sek-20260630.xsd#sek_PercentageOfCapitalBufferRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PercentageOfCapitalBufferRequirements" xlink:to="lab_sek_PercentageOfCapitalBufferRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_019ef91c-20b9-7429-9f51-809223b2d3b0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of fair value measurement of liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CIRRSystemMember_019ef91c-200b-7f3b-9dd6-1bc2f6276159_terseLabel_en-US" xlink:label="lab_sek_CIRRSystemMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CIRR-system</link:label>
    <link:label id="lab_sek_CIRRSystemMember_label_en-US" xlink:label="lab_sek_CIRRSystemMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CIRR-System [Member]</link:label>
    <link:label id="lab_sek_CIRRSystemMember_documentation_en-US" xlink:label="lab_sek_CIRRSystemMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for CIRR-System.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CIRRSystemMember" xlink:href="sek-20260630.xsd#sek_CIRRSystemMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CIRRSystemMember" xlink:to="lab_sek_CIRRSystemMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CreditValuationAdjustmentRiskMember_019ef91c-200a-7ff4-90fe-4446284dc520_terseLabel_en-US" xlink:label="lab_sek_CreditValuationAdjustmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit valuation adjustment risk</link:label>
    <link:label id="lab_sek_CreditValuationAdjustmentRiskMember_label_en-US" xlink:label="lab_sek_CreditValuationAdjustmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Valuation Adjustment Risk [Member]</link:label>
    <link:label id="lab_sek_CreditValuationAdjustmentRiskMember_documentation_en-US" xlink:label="lab_sek_CreditValuationAdjustmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for the risk that the difference between the risk-free portfolio and the true portfolio value that takes into account the possibility if a counterparty's default. In other words, CVA represents the market value of the counterparty credit risk.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CreditValuationAdjustmentRiskMember" xlink:href="sek-20260630.xsd#sek_CreditValuationAdjustmentRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CreditValuationAdjustmentRiskMember" xlink:to="lab_sek_CreditValuationAdjustmentRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesAxis_019ef91c-200b-752b-8fcc-f2bd6065b0c0_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_AssetsAndLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAndLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAndLiabilitiesAxis" xlink:to="lab_ifrs-full_AssetsAndLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities_019ef91c-200b-76a0-b52a-0194d0abe1e0_negatedLabel_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Exchange rate differences</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities_label_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Profit Or Loss, Fair Value Measurement, Currency Exchange Rate Effects Liabilities</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities_documentation_en-US" xlink:label="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The gains (losses) recognised in profit or loss on the fair value measurement of exchange-rate effects on liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities" xlink:href="sek-20260630.xsd#sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities" xlink:to="lab_sek_GainsLossesRecognisedInProfitOrLossFairValueMeasurementCurrencyExchangeRateEffectsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities_019ef91c-200a-7657-b73a-2785296881c9_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input appreciation, liabilities</link:label>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities_label_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible increase in unobservable input, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_019ef91c-200a-78f0-a3f7-0d4cac0bdda4_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract_019f3726-37d0-74eb-a8fb-ffaf9c7d5734_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfLoansAndOffBalanceAbstract_019ef91c-200b-7317-84fc-a2269ad87554_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfLoansAndOffBalanceAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans and off balance</link:label>
    <link:label id="lab_sek_DisclosureOfLoansAndOffBalanceAbstract_label_en-US" xlink:label="lab_sek_DisclosureOfLoansAndOffBalanceAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Loans and Off-Balance [Abstract]</link:label>
    <link:label id="lab_sek_DisclosureOfLoansAndOffBalanceAbstract_documentation_en-US" xlink:label="lab_sek_DisclosureOfLoansAndOffBalanceAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfLoansAndOffBalanceAbstract" xlink:href="sek-20260630.xsd#sek_DisclosureOfLoansAndOffBalanceAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DisclosureOfLoansAndOffBalanceAbstract" xlink:to="lab_sek_DisclosureOfLoansAndOffBalanceAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DefaultExposuresMember_019ef91c-200a-791b-944b-b9f79cffd39d_terseLabel_en-US" xlink:label="lab_sek_DefaultExposuresMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Default exposures</link:label>
    <link:label id="lab_sek_DefaultExposuresMember_label_en-US" xlink:label="lab_sek_DefaultExposuresMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default Exposures [Member]</link:label>
    <link:label id="lab_sek_DefaultExposuresMember_documentation_en-US" xlink:label="lab_sek_DefaultExposuresMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exposures in default</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DefaultExposuresMember" xlink:href="sek-20260630.xsd#sek_DefaultExposuresMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_DefaultExposuresMember" xlink:to="lab_sek_DefaultExposuresMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainLossOnFinancialTransactions_019ef91c-20b9-7395-a95d-49d3b2ed6ad3_terseLabel_en-US" xlink:label="lab_sek_GainLossOnFinancialTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net results of financial transactions</link:label>
    <link:label id="lab_sek_GainLossOnFinancialTransactions_019ef91c-20b9-7e6c-8e26-3ec3f57313d7_totalLabel_en-US" xlink:label="lab_sek_GainLossOnFinancialTransactions" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total net results of financial transactions</link:label>
    <link:label id="lab_sek_GainLossOnFinancialTransactions_label_en-US" xlink:label="lab_sek_GainLossOnFinancialTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) On Financial Transactions</link:label>
    <link:label id="lab_sek_GainLossOnFinancialTransactions_documentation_en-US" xlink:label="lab_sek_GainLossOnFinancialTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (Loss) On Financial Transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainLossOnFinancialTransactions" xlink:href="sek-20260630.xsd#sek_GainLossOnFinancialTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainLossOnFinancialTransactions" xlink:to="lab_sek_GainLossOnFinancialTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TierOneLeverageRatio_019ef91c-200b-7b27-84c0-4ea19aeca9cd_terseLabel_en-US" xlink:label="lab_sek_TierOneLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leverage ratio</link:label>
    <link:label id="lab_sek_TierOneLeverageRatio_label_en-US" xlink:label="lab_sek_TierOneLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tier One Leverage Ratio</link:label>
    <link:label id="lab_sek_TierOneLeverageRatio_documentation_en-US" xlink:label="lab_sek_TierOneLeverageRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tier 1 Leverage ratio as defined in the regulations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TierOneLeverageRatio" xlink:href="sek-20260630.xsd#sek_TierOneLeverageRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TierOneLeverageRatio" xlink:to="lab_sek_TierOneLeverageRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalRatio_019ef91c-20b9-7867-a00b-cc0fee3fe35d_terseLabel_en-US" xlink:label="lab_sek_CapitalRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total capital ratio</link:label>
    <link:label id="lab_sek_CapitalRatio_label_en-US" xlink:label="lab_sek_CapitalRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Ratio</link:label>
    <link:label id="lab_sek_CapitalRatio_documentation_en-US" xlink:label="lab_sek_CapitalRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of capital to risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalRatio" xlink:href="sek-20260630.xsd#sek_CapitalRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalRatio" xlink:to="lab_sek_CapitalRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities_019ef91c-20b9-7532-b3f0-0c18a7158b7b_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (+) and losses (-) in other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities_label_en-US" xlink:label="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) recognised in other comprehensive income excluding exchange differences, fair value measurement, liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:to="lab_ifrs-full_GainsLossesRecognisedInOtherComprehensiveIncomeExcludingExchangeDifferencesFairValueMeasurementLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TotalRiskBasedCapitalRequirementAbstract_019f22a1-53d4-76b3-8948-3deebc077c1b_terseLabel_en-US" xlink:label="lab_sek_TotalRiskBasedCapitalRequirementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total risk-based capital requirement</link:label>
    <link:label id="lab_sek_TotalRiskBasedCapitalRequirementAbstract_label_en-US" xlink:label="lab_sek_TotalRiskBasedCapitalRequirementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Risk Based Capital Requirement [Abstract]</link:label>
    <link:label id="lab_sek_TotalRiskBasedCapitalRequirementAbstract_documentation_en-US" xlink:label="lab_sek_TotalRiskBasedCapitalRequirementAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Risk Based Capital Requirement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TotalRiskBasedCapitalRequirementAbstract" xlink:href="sek-20260630.xsd#sek_TotalRiskBasedCapitalRequirementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TotalRiskBasedCapitalRequirementAbstract" xlink:to="lab_sek_TotalRiskBasedCapitalRequirementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_LU_019ef91c-200b-782c-a613-29d195fd00de_terseLabel_en-US" xlink:label="lab_country_LU" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Luxembourg</link:label>
    <link:label id="lab_country_LU_label_en-US" xlink:label="lab_country_LU" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LUXEMBOURG</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_LU" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_LU"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_LU" xlink:to="lab_country_LU" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities_019ef91c-200b-7784-9837-17968009eb88_terseLabel_en-US" xlink:label="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input depreciation, liabilities</link:label>
    <link:label id="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities_label_en-US" xlink:label="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reasonably Possible Decrease In Unobservable Input, Liabilities</link:label>
    <link:label id="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities_documentation_en-US" xlink:label="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reasonably Possible Decrease In Unobservable Input, Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:href="sek-20260630.xsd#sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:to="lab_sek_ReasonablyPossibleDecreaseInUnobservableInputLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable_019ef91c-200a-7221-b50c-6484624f604b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageShares_019ef91c-200b-7d53-950b-e7a34baa3e76_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of shares (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageShares" xlink:to="lab_ifrs-full_WeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_country_LV_019ef91c-200b-79e1-8962-827dbf1d1821_terseLabel_en-US" xlink:label="lab_country_LV" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Latvia</link:label>
    <link:label id="lab_country_LV_label_en-US" xlink:label="lab_country_LV" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LATVIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_LV" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_LV"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_LV" xlink:to="lab_country_LV" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_019ef91c-200b-74dd-b1af-10a3fa6bae96_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities_019ef91c-200b-7a44-b304-ae6b65633b93_negatedLabel_en-US" xlink:label="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Settlements &amp; sales</link:label>
    <link:label id="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities_label_en-US" xlink:label="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements And Sales, Fair Value Measurement, Net Assets (Liabilities)</link:label>
    <link:label id="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities_documentation_en-US" xlink:label="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The decrease in the fair value measurement of net assets and liabilities resulting from settlements &amp; sales.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities" xlink:href="sek-20260630.xsd#sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities" xlink:to="lab_sek_SettlementsAndSalesFairValueMeasurementNetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_WeightOfUpturnScenario_019ef91c-200a-7e4e-88bd-b43b8ce8c781_terseLabel_en-US" xlink:label="lab_sek_WeightOfUpturnScenario" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weight of upturn scenario</link:label>
    <link:label id="lab_sek_WeightOfUpturnScenario_label_en-US" xlink:label="lab_sek_WeightOfUpturnScenario" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weight of Upturn Scenario</link:label>
    <link:label id="lab_sek_WeightOfUpturnScenario_documentation_en-US" xlink:label="lab_sek_WeightOfUpturnScenario" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weight of Upturn Scenario</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_WeightOfUpturnScenario" xlink:href="sek-20260630.xsd#sek_WeightOfUpturnScenario"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_WeightOfUpturnScenario" xlink:to="lab_sek_WeightOfUpturnScenario" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory_019ef91c-200a-7372-9fa7-c59fa94a2ee4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of exposures</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of credit risk exposure [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCreditRiskExposureExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_019ef91c-20b9-7018-ab52-5d26226ad6c3_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AdministrativeRemunerationCIRRSystemMember_019ef91c-20b9-77c1-9486-b272e153ffda_terseLabel_en-US" xlink:label="lab_sek_AdministrativeRemunerationCIRRSystemMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative remuneration CIRR-system</link:label>
    <link:label id="lab_sek_AdministrativeRemunerationCIRRSystemMember_label_en-US" xlink:label="lab_sek_AdministrativeRemunerationCIRRSystemMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative Remuneration CIRR-System [Member]</link:label>
    <link:label id="lab_sek_AdministrativeRemunerationCIRRSystemMember_documentation_en-US" xlink:label="lab_sek_AdministrativeRemunerationCIRRSystemMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for administrative remuneration of CIRR-system.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AdministrativeRemunerationCIRRSystemMember" xlink:href="sek-20260630.xsd#sek_AdministrativeRemunerationCIRRSystemMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AdministrativeRemunerationCIRRSystemMember" xlink:to="lab_sek_AdministrativeRemunerationCIRRSystemMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetResultsOfFinancialTransactionsTextBlock_019ef91c-200a-7337-a60d-2a448aa9e32d_terseLabel_en-US" xlink:label="lab_sek_NetResultsOfFinancialTransactionsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net results of financial transactions</link:label>
    <link:label id="lab_sek_NetResultsOfFinancialTransactionsTextBlock_label_en-US" xlink:label="lab_sek_NetResultsOfFinancialTransactionsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Results Of Financial Transactions [Text Block]</link:label>
    <link:label id="lab_sek_NetResultsOfFinancialTransactionsTextBlock_documentation_en-US" xlink:label="lab_sek_NetResultsOfFinancialTransactionsTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure of net results of financial transactions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetResultsOfFinancialTransactionsTextBlock" xlink:href="sek-20260630.xsd#sek_NetResultsOfFinancialTransactionsTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetResultsOfFinancialTransactionsTextBlock" xlink:to="lab_sek_NetResultsOfFinancialTransactionsTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherReserves_019ef91c-200b-72cd-900c-00045e402849_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves</link:label>
    <link:label id="lab_ifrs-full_OtherReserves_label_en-US" xlink:label="lab_ifrs-full_OtherReserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other reserves</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherReserves" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherReserves"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherReserves" xlink:to="lab_ifrs-full_OtherReserves" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Borrowings_019ef91c-20b9-7100-81f2-a595136e028c_terseLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt</link:label>
    <link:label id="lab_ifrs-full_Borrowings_label_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Borrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Borrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_019ef91c-20b9-7684-bf76-c6f4a820b3f4_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated impairment</link:label>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated impairment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedImpairmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedImpairmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedImpairmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetInterestIncomeTable_019ef91c-200b-7808-8ba8-9f71423fcc18_terseLabel_en-US" xlink:label="lab_sek_NetInterestIncomeTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Interest Income [Table]</link:label>
    <link:label id="lab_sek_NetInterestIncomeTable_label_en-US" xlink:label="lab_sek_NetInterestIncomeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Interest Income [Table]</link:label>
    <link:label id="lab_sek_NetInterestIncomeTable_documentation_en-US" xlink:label="lab_sek_NetInterestIncomeTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetInterestIncomeTable" xlink:href="sek-20260630.xsd#sek_NetInterestIncomeTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetInterestIncomeTable" xlink:to="lab_sek_NetInterestIncomeTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CountryOfDomicileMember_019ef91c-200b-7330-a03a-338685c05296_terseLabel_en-US" xlink:label="lab_ifrs-full_CountryOfDomicileMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sweden</link:label>
    <link:label id="lab_ifrs-full_CountryOfDomicileMember_label_en-US" xlink:label="lab_ifrs-full_CountryOfDomicileMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Country of domicile [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CountryOfDomicileMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CountryOfDomicileMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CountryOfDomicileMember" xlink:to="lab_ifrs-full_CountryOfDomicileMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_019ef91c-20b9-774c-9651-084f61d66861_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flow from investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis_019ef91c-20b9-764b-81dc-e297e220d478_terseLabel_en-US" xlink:label="lab_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated and separate financial statements [axis]</link:label>
    <link:label id="lab_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis_label_en-US" xlink:label="lab_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated and separate financial statements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis" xlink:to="lab_ifrs-full_ConsolidatedAndSeparateFinancialStatementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember_019ef91c-200a-758b-a6d8-27dbb9fce4f3_terseLabel_en-US" xlink:label="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CVA/DVA, net</link:label>
    <link:label id="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember_label_en-US" xlink:label="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Credit Value Adjustment And Debt Value Adjustment [Member]</link:label>
    <link:label id="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember_documentation_en-US" xlink:label="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for CVA (Credit value adjustment) and DVA (Debt value adjustment) reflect how the counterparties' credit risk as well as SEK's own credit rating affect the fair vale of derivatives.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember" xlink:href="sek-20260630.xsd#sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember" xlink:to="lab_sek_NetCreditValueAdjustmentAndDebtValueAdjustmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory_019ef91c-200a-71d8-8d11-aca34b7653ec_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of derivative financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDerivativeFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherDebtInstrumentsHeld_019ef91c-200a-7ffa-ae3b-88f0482a0ca7_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherDebtInstrumentsHeld" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other interest-bearing securities except loans</link:label>
    <link:label id="lab_ifrs-full_OtherDebtInstrumentsHeld_label_en-US" xlink:label="lab_ifrs-full_OtherDebtInstrumentsHeld" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other debt instruments held</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherDebtInstrumentsHeld" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherDebtInstrumentsHeld"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherDebtInstrumentsHeld" xlink:to="lab_ifrs-full_OtherDebtInstrumentsHeld" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount_019ef91c-200a-71e2-925e-324d9525c666_terseLabel_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pillar 2 guidance</link:label>
    <link:label id="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount_label_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk-based Capital Requirement, Pillar Two Guidance, Amount</link:label>
    <link:label id="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount_documentation_en-US" xlink:label="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of pillar two guidance to total risk-weighted assets, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount" xlink:href="sek-20260630.xsd#sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount" xlink:to="lab_sek_RiskBasedCapitalRequirementPillarTwoGuidanceAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_019ef91c-200a-7a5a-a63b-852d0937c336_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flow from financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EmployeeBenefitsExpense_019ef91c-200a-79b6-9554-ab7dba9fcf95_negatedLabel_en-US" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Personnel expenses</link:label>
    <link:label id="lab_ifrs-full_EmployeeBenefitsExpense_label_en-US" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee benefits expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EmployeeBenefitsExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EmployeeBenefitsExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EmployeeBenefitsExpense" xlink:to="lab_ifrs-full_EmployeeBenefitsExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CounterpartiesAxis_019ef91c-200a-7950-9e2e-8b950ae74a71_terseLabel_en-US" xlink:label="lab_ifrs-full_CounterpartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparties [axis]</link:label>
    <link:label id="lab_ifrs-full_CounterpartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CounterpartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CounterpartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CounterpartiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CounterpartiesAxis" xlink:to="lab_ifrs-full_CounterpartiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement_019ef91c-200b-7627-b12b-7c90a663c667_verboseLabel_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common Equity Tier 1 capital available to meet buffer requirements</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement_label_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institution Specific Common Equity Tier One Capital Ratio After Buffer Requirement</link:label>
    <link:label id="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement_documentation_en-US" xlink:label="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, after buffer requirement as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:href="sek-20260630.xsd#sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:to="lab_sek_InstitutionSpecificCommonEquityTierOneCapitalRatioAfterBufferRequirement" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AccountingPoliciesAbstract_label_en-US" xlink:label="lab_sek_AccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting policies [Abstract]</link:label>
    <link:label id="lab_sek_AccountingPoliciesAbstract_documentation_en-US" xlink:label="lab_sek_AccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">No definition available.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AccountingPoliciesAbstract" xlink:href="sek-20260630.xsd#sek_AccountingPoliciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AccountingPoliciesAbstract" xlink:to="lab_sek_AccountingPoliciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SeniorSecuritiesIssued_019ef91c-20b9-746a-ac4b-e9ce7997e6c4_terseLabel_en-US" xlink:label="lab_sek_SeniorSecuritiesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt securities issued</link:label>
    <link:label id="lab_sek_SeniorSecuritiesIssued_label_en-US" xlink:label="lab_sek_SeniorSecuritiesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Securities Issued</link:label>
    <link:label id="lab_sek_SeniorSecuritiesIssued_documentation_en-US" xlink:label="lab_sek_SeniorSecuritiesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Securities Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SeniorSecuritiesIssued" xlink:href="sek-20260630.xsd#sek_SeniorSecuritiesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SeniorSecuritiesIssued" xlink:to="lab_sek_SeniorSecuritiesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory_019ef91c-200b-7313-9855-60bf70cb716d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exposures</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_019ef91c-200a-7713-ab14-4d639fda597e_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities from operating activities</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in working capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LifetimeExpectedCreditLossesMember_019ef91c-200b-71c5-9bc1-5519dedc16a0_terseLabel_en-US" xlink:label="lab_ifrs-full_LifetimeExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lifetime expected credit losses</link:label>
    <link:label id="lab_ifrs-full_LifetimeExpectedCreditLossesMember_label_en-US" xlink:label="lab_ifrs-full_LifetimeExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lifetime expected credit losses [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LifetimeExpectedCreditLossesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LifetimeExpectedCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LifetimeExpectedCreditLossesMember" xlink:to="lab_ifrs-full_LifetimeExpectedCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetRemeasurementOfLossAllowance_019ef91c-200b-7e1d-8dc4-506772ae08f7_terseLabel_en-US" xlink:label="lab_sek_NetRemeasurementOfLossAllowance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net remeasurement of loss allowance</link:label>
    <link:label id="lab_sek_NetRemeasurementOfLossAllowance_label_en-US" xlink:label="lab_sek_NetRemeasurementOfLossAllowance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Remeasurement Of Loss Allowance</link:label>
    <link:label id="lab_sek_NetRemeasurementOfLossAllowance_documentation_en-US" xlink:label="lab_sek_NetRemeasurementOfLossAllowance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of the net remeasurement of loss allowance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetRemeasurementOfLossAllowance" xlink:href="sek-20260630.xsd#sek_NetRemeasurementOfLossAllowance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetRemeasurementOfLossAllowance" xlink:to="lab_sek_NetRemeasurementOfLossAllowance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets_019ef91c-200b-7a26-8622-ada0d209d562_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increases due to origination and acquisition</link:label>
    <link:label id="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase through origination or purchase, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:to="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_019ef91c-200b-7aa5-a0d3-1f7d587ab076_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_country_JP_019ef91c-200a-724e-8ba1-e0580f208078_terseLabel_en-US" xlink:label="lab_country_JP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Japan</link:label>
    <link:label id="lab_country_JP_label_en-US" xlink:label="lab_country_JP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">JAPAN</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_JP" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_JP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_JP" xlink:to="lab_country_JP" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RemunerationPaid_019ef91c-200a-7956-9b8a-16203657ccfe_negatedLabel_en-US" xlink:label="lab_sek_RemunerationPaid" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Administrative remuneration to SEK</link:label>
    <link:label id="lab_sek_RemunerationPaid_label_en-US" xlink:label="lab_sek_RemunerationPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remuneration Paid</link:label>
    <link:label id="lab_sek_RemunerationPaid_documentation_en-US" xlink:label="lab_sek_RemunerationPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of remuneration paid to the parent company.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RemunerationPaid" xlink:href="sek-20260630.xsd#sek_RemunerationPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RemunerationPaid" xlink:to="lab_sek_RemunerationPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RequiringStableFundingAmount_019ef91c-200a-7ada-93f6-58ac3e3c2f1e_terseLabel_en-US" xlink:label="lab_sek_RequiringStableFundingAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Required stable funding</link:label>
    <link:label id="lab_sek_RequiringStableFundingAmount_label_en-US" xlink:label="lab_sek_RequiringStableFundingAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Requiring Stable Funding Amount</link:label>
    <link:label id="lab_sek_RequiringStableFundingAmount_documentation_en-US" xlink:label="lab_sek_RequiringStableFundingAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of requiring stable funding.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RequiringStableFundingAmount" xlink:href="sek-20260630.xsd#sek_RequiringStableFundingAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RequiringStableFundingAmount" xlink:to="lab_sek_RequiringStableFundingAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityPriceRiskMember_019ef91c-200b-7472-bed5-fe4c1b52c64b_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_ifrs-full_EquityPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_EquityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityPriceRiskMember" xlink:to="lab_ifrs-full_EquityPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ConsolidatedMember_019ef91c-200a-70cd-bf66-988fbc22e4a5_terseLabel_en-US" xlink:label="lab_ifrs-full_ConsolidatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated</link:label>
    <link:label id="lab_ifrs-full_ConsolidatedMember_label_en-US" xlink:label="lab_ifrs-full_ConsolidatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ConsolidatedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConsolidatedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConsolidatedMember" xlink:to="lab_ifrs-full_ConsolidatedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember_019ef91c-200a-79eb-99cd-f5201b1f50c7_terseLabel_en-US" xlink:label="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IRB shortfall of credit risk adjustments to expected losses</link:label>
    <link:label id="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember_label_en-US" xlink:label="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Negative Amounts Resulting From Calculation Of Expected Loss Amounts [Member]</link:label>
    <link:label id="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember_documentation_en-US" xlink:label="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for negative amounts resulting from the calculation of expected loss amounts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember" xlink:href="sek-20260630.xsd#sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember" xlink:to="lab_sek_NegativeAmountsResultingFromCalculationOfExpectedLossAmountsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TreasuriesAndGovernmentsBondsMember_019ef91c-200b-7a87-b089-4c9038bc99d6_terseLabel_en-US" xlink:label="lab_sek_TreasuriesAndGovernmentsBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasuries/governments bonds</link:label>
    <link:label id="lab_sek_TreasuriesAndGovernmentsBondsMember_label_en-US" xlink:label="lab_sek_TreasuriesAndGovernmentsBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasuries And Governments Bonds [Member]</link:label>
    <link:label id="lab_sek_TreasuriesAndGovernmentsBondsMember_documentation_en-US" xlink:label="lab_sek_TreasuriesAndGovernmentsBondsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Treasuries/governments bonds.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TreasuriesAndGovernmentsBondsMember" xlink:href="sek-20260630.xsd#sek_TreasuriesAndGovernmentsBondsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TreasuriesAndGovernmentsBondsMember" xlink:to="lab_sek_TreasuriesAndGovernmentsBondsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CommonEquityTierOneCapitalAmount_019ef91c-20b9-74cc-9eb8-93722d9b8735_totalLabel_en-US" xlink:label="lab_sek_CommonEquityTierOneCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Common Equity Tier 1 capital</link:label>
    <link:label id="lab_sek_CommonEquityTierOneCapitalAmount_label_en-US" xlink:label="lab_sek_CommonEquityTierOneCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity Tier One Capital, Amount</link:label>
    <link:label id="lab_sek_CommonEquityTierOneCapitalAmount_documentation_en-US" xlink:label="lab_sek_CommonEquityTierOneCapitalAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Common Equity Tier One Risk-based Capital, as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CommonEquityTierOneCapitalAmount" xlink:href="sek-20260630.xsd#sek_CommonEquityTierOneCapitalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CommonEquityTierOneCapitalAmount" xlink:to="lab_sek_CommonEquityTierOneCapitalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_019ef91c-20b9-73d1-afaa-29cb499b8a95_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksAxis" xlink:to="lab_ifrs-full_TypesOfRisksAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_019ef91c-200b-75d2-9cde-9993d163a7e4_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_019ef91c-200b-7eee-8988-52528389d7fa_terseLabel_en-US" xlink:label="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">of which minimum requirement of 4.5 percent</link:label>
    <link:label id="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_label_en-US" xlink:label="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Equity Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets</link:label>
    <link:label id="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets_documentation_en-US" xlink:label="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The minimum Common Equity Tier One Capital Ratio (Common Equity Tier one capital divided by risk-weighted assets) required for capital adequacy purposes under the regulatory framework for prompt corrective action.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:href="sek-20260630.xsd#sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:to="lab_sek_CommonEquityTierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_019ef91c-200a-765f-9300-e162f5e4ac15_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer_019ef91c-200b-7034-9b35-7cfc9d47486e_verboseLabel_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">of which Countercyclical buffer</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer_label_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Capital Ratio Counter Cyclical Buffer</link:label>
    <link:label id="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer_documentation_en-US" xlink:label="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Institution Specific Common Equity Tier One Risk-based Capital to total risk-weighted assets, Capital Conservation Buffer as defined by regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer" xlink:href="sek-20260630.xsd#sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer" xlink:to="lab_sek_AmountOfInstitutionSpecificCommonEquityTierOneCapitalRatioCounterCyclicalBuffer" xlink:type="arc" order="1"/>
    <link:label id="lab_country_IE_019ef91c-200b-7122-b52c-76de63a1fd36_terseLabel_en-US" xlink:label="lab_country_IE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ireland</link:label>
    <link:label id="lab_country_IE_label_en-US" xlink:label="lab_country_IE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IRELAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_IE" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_IE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IE" xlink:to="lab_country_IE" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities_019ef91c-200a-7356-b4f6-494323d21a50_negatedLabel_en-US" xlink:label="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gains (+) and losses (-) in other comprehensive income</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities_label_en-US" xlink:label="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Recognised In Other Comprehensive Income, Fair Value Measurement, Net Assets (Liabilities)</link:label>
    <link:label id="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities_documentation_en-US" xlink:label="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The decrease (increase) in net assets (liabilities) due to losses (gains) recognised in other comprehensive income on the fair value measurement of net assets and liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities" xlink:href="sek-20260630.xsd#sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities" xlink:to="lab_sek_GainsLossesRecognisedInOtherComprehensiveIncomeFairValueMeasurementNetAssetsLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_019ef91c-200b-747c-8843-86947a840021_terseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bottom of range</link:label>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bottom of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember_019ef91c-200a-7799-b756-389d6e204b0c_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 3</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments credit-impaired [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsCreditimpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:to="lab_ifrs-full_FinancialInstrumentsCreditimpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_RegionalGovernmentsMember_019ef91c-200a-7302-8511-15f17795a3c7_verboseLabel_en-US" xlink:label="lab_sek_RegionalGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Regional governments</link:label>
    <link:label id="lab_sek_RegionalGovernmentsMember_019ef91c-200a-7f6e-8389-ceefec5d4f29_terseLabel_en-US" xlink:label="lab_sek_RegionalGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regional governments</link:label>
    <link:label id="lab_sek_RegionalGovernmentsMember_label_en-US" xlink:label="lab_sek_RegionalGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regional Governments [Member]</link:label>
    <link:label id="lab_sek_RegionalGovernmentsMember_documentation_en-US" xlink:label="lab_sek_RegionalGovernmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Regional governments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_RegionalGovernmentsMember" xlink:href="sek-20260630.xsd#sek_RegionalGovernmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_RegionalGovernmentsMember" xlink:to="lab_sek_RegionalGovernmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NonCreditObligationAssetsMember_019ef91c-200b-72da-80c5-db358d5a257e_terseLabel_en-US" xlink:label="lab_sek_NonCreditObligationAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-credit-obligation assets</link:label>
    <link:label id="lab_sek_NonCreditObligationAssetsMember_label_en-US" xlink:label="lab_sek_NonCreditObligationAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Credit-Obligation Assets [Member]</link:label>
    <link:label id="lab_sek_NonCreditObligationAssetsMember_documentation_en-US" xlink:label="lab_sek_NonCreditObligationAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Assets without counterparty.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NonCreditObligationAssetsMember" xlink:href="sek-20260630.xsd#sek_NonCreditObligationAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NonCreditObligationAssetsMember" xlink:to="lab_sek_NonCreditObligationAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_019ef91c-20b9-7d93-a496-b82fb12df621_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_country_IS_019ef91c-20b9-7707-ae7e-1e9ae4b96e0a_terseLabel_en-US" xlink:label="lab_country_IS" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Iceland</link:label>
    <link:label id="lab_country_IS_label_en-US" xlink:label="lab_country_IS" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ICELAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_IS" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_IS"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IS" xlink:to="lab_country_IS" xlink:type="arc" order="1"/>
    <link:label id="lab_country_IT_019ef91c-200a-7131-841b-0f7fb7cbbbb8_terseLabel_en-US" xlink:label="lab_country_IT" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Italy</link:label>
    <link:label id="lab_country_IT_label_en-US" xlink:label="lab_country_IT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ITALY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_IT" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_IT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IT" xlink:to="lab_country_IT" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ResolutionFeesRefund_019ef91c-200a-73f1-9e56-e35324a965a0_terseLabel_en-US" xlink:label="lab_sek_ResolutionFeesRefund" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Resolution fees refund</link:label>
    <link:label id="lab_sek_ResolutionFeesRefund_label_en-US" xlink:label="lab_sek_ResolutionFeesRefund" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resolution Fees, Refund</link:label>
    <link:label id="lab_sek_ResolutionFeesRefund_documentation_en-US" xlink:label="lab_sek_ResolutionFeesRefund" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of refund related to the charged resolution fee.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ResolutionFeesRefund" xlink:href="sek-20260630.xsd#sek_ResolutionFeesRefund"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ResolutionFeesRefund" xlink:to="lab_sek_ResolutionFeesRefund" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLoss_019ef91c-200b-7453-b1e3-2f9e21617f8b_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net profit</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_019ef91c-200b-7a5b-b3d5-9fa9c669c6ca_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net profit</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDeferredTaxAssets_019ef91c-20b9-74dd-b5a3-8376c8f167e8_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset</link:label>
    <link:label id="lab_ifrs-full_NetDeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxAssets" xlink:to="lab_ifrs-full_NetDeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_OperationalRiskMember_019ef91c-20b9-7f78-bc1d-0ea3aa761473_terseLabel_en-US" xlink:label="lab_sek_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operational risk</link:label>
    <link:label id="lab_sek_OperationalRiskMember_label_en-US" xlink:label="lab_sek_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operational Risk [Member]</link:label>
    <link:label id="lab_sek_OperationalRiskMember_documentation_en-US" xlink:label="lab_sek_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for the risk that the prospect of loss resulting from inadequate or failed procedures, systems or policies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_OperationalRiskMember" xlink:href="sek-20260630.xsd#sek_OperationalRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_OperationalRiskMember" xlink:to="lab_sek_OperationalRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_019ef91c-200b-7deb-abc7-381ca1826ba7_terseLabel_en-US" xlink:label="lab_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recovered credit losses</link:label>
    <link:label id="lab_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_label_en-US" xlink:label="lab_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain on recovery of loans and advances previously written off</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:to="lab_ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalRequirementsAxis_019f22b6-980a-7a99-ab4d-1fcfd2540ea1_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirements [axis]</link:label>
    <link:label id="lab_ifrs-full_CapitalRequirementsAxis_label_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital requirements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalRequirementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalRequirementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalRequirementsAxis" xlink:to="lab_ifrs-full_CapitalRequirementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssets_019ef91c-20b9-7e7f-9990-cc4cc4541220_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Book value of financial assets</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_019ef91c-20b9-7ab3-8e7c-da5b51601665_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_country_PL_019ef91c-200b-7b56-99ff-8bcd225f9bbf_terseLabel_en-US" xlink:label="lab_country_PL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Poland</link:label>
    <link:label id="lab_country_PL_label_en-US" xlink:label="lab_country_PL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">POLAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_PL" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PL" xlink:to="lab_country_PL" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_019ef91c-200a-7896-93d4-9900c5dca5d4_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ResolutionFee_019ef91c-200b-77fe-9483-21b0a992981e_negatedLabel_en-US" xlink:label="lab_sek_ResolutionFee" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Resolution fee</link:label>
    <link:label id="lab_sek_ResolutionFee_label_en-US" xlink:label="lab_sek_ResolutionFee" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resolution Fee</link:label>
    <link:label id="lab_sek_ResolutionFee_documentation_en-US" xlink:label="lab_sek_ResolutionFee" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of resolution fee.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ResolutionFee" xlink:href="sek-20260630.xsd#sek_ResolutionFee"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ResolutionFee" xlink:to="lab_sek_ResolutionFee" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaid_019ef91c-20b9-7bae-b8a9-79d83bd13aa6_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividend</link:label>
    <link:label id="lab_ifrs-full_DividendsPaid_label_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends recognised as distributions to owners</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaid" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid" xlink:to="lab_ifrs-full_DividendsPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_country_PT_019ef91c-20b9-7c10-b7f1-e19aab47ef3f_terseLabel_en-US" xlink:label="lab_country_PT" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Portugal</link:label>
    <link:label id="lab_country_PT_label_en-US" xlink:label="lab_country_PT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PORTUGAL</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_PT" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PT" xlink:to="lab_country_PT" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AsiaExcludingJapanMember_019ef91c-200b-7b63-9e28-8847a9b69794_terseLabel_en-US" xlink:label="lab_sek_AsiaExcludingJapanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asia excl. Japan</link:label>
    <link:label id="lab_sek_AsiaExcludingJapanMember_label_en-US" xlink:label="lab_sek_AsiaExcludingJapanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asia Excluding Japan [Member]</link:label>
    <link:label id="lab_sek_AsiaExcludingJapanMember_documentation_en-US" xlink:label="lab_sek_AsiaExcludingJapanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to Asia excluding Japan.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AsiaExcludingJapanMember" xlink:href="sek-20260630.xsd#sek_AsiaExcludingJapanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AsiaExcludingJapanMember" xlink:to="lab_sek_AsiaExcludingJapanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TypeOfExposureClassDomain_019ef91c-200b-7ab7-b5ad-6ed4581505fd_terseLabel_en-US" xlink:label="lab_sek_TypeOfExposureClassDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type Of Exposure Class [Domain]</link:label>
    <link:label id="lab_sek_TypeOfExposureClassDomain_label_en-US" xlink:label="lab_sek_TypeOfExposureClassDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type Of Exposure Class [Domain]</link:label>
    <link:label id="lab_sek_TypeOfExposureClassDomain_documentation_en-US" xlink:label="lab_sek_TypeOfExposureClassDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for all types of exposure by the entity. It also represents the standard value for the 'Types of exposure' axis if no other member is used.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TypeOfExposureClassDomain" xlink:href="sek-20260630.xsd#sek_TypeOfExposureClassDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TypeOfExposureClassDomain" xlink:to="lab_sek_TypeOfExposureClassDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets_019ef91c-20b9-7589-ae35-0ecc3f271b44_verboseLabel_en-US" xlink:label="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Capital base requirement of 8 percent</link:label>
    <link:label id="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets_label_en-US" xlink:label="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Required For Minimum Reserves To Risk Weighted Assets</link:label>
    <link:label id="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets_documentation_en-US" xlink:label="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital ratio required for minimum reserves purposes under the regulatory framework.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets" xlink:href="sek-20260630.xsd#sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets" xlink:to="lab_sek_CapitalRequiredForMinimumReservesToRiskWeightedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueAndOperatingIncome_019ef91c-200a-72f8-8bad-ae46b2923b33_totalLabel_en-US" xlink:label="lab_ifrs-full_RevenueAndOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating income</link:label>
    <link:label id="lab_ifrs-full_RevenueAndOperatingIncome_label_en-US" xlink:label="lab_ifrs-full_RevenueAndOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue and other operating income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueAndOperatingIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueAndOperatingIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueAndOperatingIncome" xlink:to="lab_ifrs-full_RevenueAndOperatingIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_019ef91c-200b-7b22-9a1c-6bd973360ec2_negatedLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Fair value originating from credit risk (- liabilities increase/ + liabilities decrease)</link:label>
    <link:label id="lab_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability_label_en-US" xlink:label="lab_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated increase (decrease) in fair value of financial liability, attributable to changes in credit risk of liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:to="lab_ifrs-full_AccumulatedChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ClassesOfLoansHeldDomain_019ef91c-200b-71f0-9fbd-2a84f6a4a837_terseLabel_en-US" xlink:label="lab_sek_ClassesOfLoansHeldDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes Of Loans Held [Domain]</link:label>
    <link:label id="lab_sek_ClassesOfLoansHeldDomain_label_en-US" xlink:label="lab_sek_ClassesOfLoansHeldDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes Of Loans Held [Domain]</link:label>
    <link:label id="lab_sek_ClassesOfLoansHeldDomain_documentation_en-US" xlink:label="lab_sek_ClassesOfLoansHeldDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for all types of classes of loans held by the entity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ClassesOfLoansHeldDomain" xlink:href="sek-20260630.xsd#sek_ClassesOfLoansHeldDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ClassesOfLoansHeldDomain" xlink:to="lab_sek_ClassesOfLoansHeldDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeDomain_019ef91c-20b9-7dfc-b3bb-e817e5bdfcfc_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:label id="lab_ifrs-full_RangeDomain_label_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeDomain" xlink:to="lab_ifrs-full_RangeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_019ef91c-200b-70e8-8d6a-5081c1cfe411_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_label_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromInterest_019ef91c-20b9-783b-86d1-bea2b5af747c_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_ifrs-full_RevenueFromInterest_019efeba-0464-7aad-8f37-b5a84a049962_verboseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total interest income</link:label>
    <link:label id="lab_ifrs-full_RevenueFromInterest_label_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromInterest" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromInterest" xlink:to="lab_ifrs-full_RevenueFromInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract_019ef91c-200b-753b-bd2f-fc5098f7cc80_terseLabel_en-US" xlink:label="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities at fair value in level 3</link:label>
    <link:label id="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract_label_en-US" xlink:label="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation Of Changes In Fair Value Measurement Assets Liabilities Net [Abstract]</link:label>
    <link:label id="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract_documentation_en-US" xlink:label="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">N/a</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract" xlink:href="sek-20260630.xsd#sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract" xlink:to="lab_sek_ReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesNetAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset_019ef91c-200a-7007-a525-c6be2f7780f1_terseLabel_en-US" xlink:label="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">of which Tier 1 requirement of 6 percent</link:label>
    <link:label id="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset_label_en-US" xlink:label="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Asset</link:label>
    <link:label id="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset_documentation_en-US" xlink:label="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tier One Capital Ratio (Common Equity Tier one capital divided by risk-weighted assets) required for capital adequacy purposes under the regulatory framework for prompt corrective action.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset" xlink:href="sek-20260630.xsd#sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset" xlink:to="lab_sek_TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PillarTwoCapitalRequirements_019ef91c-200b-72eb-b6e5-b546f5276c94_terseLabel_en-US" xlink:label="lab_sek_PillarTwoCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pillar 2 capital requirements</link:label>
    <link:label id="lab_sek_PillarTwoCapitalRequirements_label_en-US" xlink:label="lab_sek_PillarTwoCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pillar Two Capital Requirements</link:label>
    <link:label id="lab_sek_PillarTwoCapitalRequirements_documentation_en-US" xlink:label="lab_sek_PillarTwoCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of pillar two capital requirements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PillarTwoCapitalRequirements" xlink:href="sek-20260630.xsd#sek_PillarTwoCapitalRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_PillarTwoCapitalRequirements" xlink:to="lab_sek_PillarTwoCapitalRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AnalysisOfIncomeAndExpenseAbstract_019ef91c-20b9-7a72-a1a7-2ef0400d2e44_terseLabel_en-US" xlink:label="lab_ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income for the CIRR-system</link:label>
    <link:label id="lab_ifrs-full_AnalysisOfIncomeAndExpenseAbstract_label_en-US" xlink:label="lab_ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Analysis of income and expense [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AnalysisOfIncomeAndExpenseAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:to="lab_ifrs-full_AnalysisOfIncomeAndExpenseAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_MinimumCapitalRequirements_019ef91c-20b9-7c26-b425-e1245e8f4e2b_verboseLabel_en-US" xlink:label="lab_sek_MinimumCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Capital base requirement of 8 percent</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirements_019ef91c-20b9-7c2e-a25e-479eeb362df1_terseLabel_en-US" xlink:label="lab_sek_MinimumCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Min. capital requirement</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirements_label_en-US" xlink:label="lab_sek_MinimumCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Capital Requirements</link:label>
    <link:label id="lab_sek_MinimumCapitalRequirements_documentation_en-US" xlink:label="lab_sek_MinimumCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount that represents the minimum capital requirements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_MinimumCapitalRequirements" xlink:href="sek-20260630.xsd#sek_MinimumCapitalRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_MinimumCapitalRequirements" xlink:to="lab_sek_MinimumCapitalRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalRequirementsDomain_019f22b6-980a-742a-a636-8919c591e12e_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirements [domain]</link:label>
    <link:label id="lab_ifrs-full_CapitalRequirementsDomain_label_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital requirements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalRequirementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalRequirementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalRequirementsDomain" xlink:to="lab_ifrs-full_CapitalRequirementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_GBP_019ef91c-20b9-750b-aea8-90070f44886f_terseLabel_en-US" xlink:label="lab_currency_GBP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">GBP</link:label>
    <link:label id="lab_currency_GBP_label_en-US" xlink:label="lab_currency_GBP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">United Kingdom, Pounds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_GBP" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_GBP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_GBP" xlink:to="lab_currency_GBP" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpectedCreditLossRate_019ef91c-200b-7def-8b43-85dd8e23b767_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision ratio</link:label>
    <link:label id="lab_ifrs-full_ExpectedCreditLossRate_label_en-US" xlink:label="lab_ifrs-full_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected credit loss rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpectedCreditLossRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpectedCreditLossRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpectedCreditLossRate" xlink:to="lab_ifrs-full_ExpectedCreditLossRate" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_NetInterestIncomeAbstract_019ef91c-200b-788f-aa5b-90a73674a6de_terseLabel_en-US" xlink:label="lab_sek_NetInterestIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_sek_NetInterestIncomeAbstract_label_en-US" xlink:label="lab_sek_NetInterestIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Interest Income [Abstract]</link:label>
    <link:label id="lab_sek_NetInterestIncomeAbstract_documentation_en-US" xlink:label="lab_sek_NetInterestIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_NetInterestIncomeAbstract" xlink:href="sek-20260630.xsd#sek_NetInterestIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_NetInterestIncomeAbstract" xlink:to="lab_sek_NetInterestIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets_019ef91c-200a-75d5-bf19-25dc1a4b401b_terseLabel_en-US" xlink:label="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input appreciation, assets</link:label>
    <link:label id="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets_label_en-US" xlink:label="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reasonably Possible Increase In Unobservable Input, Assets</link:label>
    <link:label id="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets_documentation_en-US" xlink:label="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reasonably Possible Increase In Unobservable Input, Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:href="sek-20260630.xsd#sek_ReasonablyPossibleIncreaseInUnobservableInputAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:to="lab_sek_ReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_019ef91c-20b9-74b2-9954-f2269e789a56_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_CategoriesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReimbursementExpenses_019ef91c-20b9-7e23-94d8-74f627a9c773_negatedLabel_en-US" xlink:label="lab_sek_ReimbursementExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Reimbursement to (-) / from (+) the State</link:label>
    <link:label id="lab_sek_ReimbursementExpenses_label_en-US" xlink:label="lab_sek_ReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reimbursement Expenses</link:label>
    <link:label id="lab_sek_ReimbursementExpenses_documentation_en-US" xlink:label="lab_sek_ReimbursementExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of reimbursement expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReimbursementExpenses" xlink:href="sek-20260630.xsd#sek_ReimbursementExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReimbursementExpenses" xlink:to="lab_sek_ReimbursementExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountMember_019ef91c-200b-7619-950f-cc9fce2f360a_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets_019ef91c-200a-7aaa-9948-7037017b9663_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity, input appreciation, assets</link:label>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets_label_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible increase in unobservable input, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio_019ef91c-20b9-770c-a712-5839368d22e6_terseLabel_en-US" xlink:label="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital base requirement of 3 percent</link:label>
    <link:label id="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio_label_en-US" xlink:label="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount Of Capital Base Requirement Relating To Leveraged Ratio</link:label>
    <link:label id="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio_documentation_en-US" xlink:label="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Capital base requirement relating to leverage ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio" xlink:href="sek-20260630.xsd#sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio" xlink:to="lab_sek_AmountOfCapitalBaseRequirementRelatingToLeveragedRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotionalAmount_019ef91c-20b9-731e-9988-da2d618d5d28_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Nominal amounts</link:label>
    <link:label id="lab_ifrs-full_NotionalAmount_label_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotionalAmount" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotionalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotionalAmount" xlink:to="lab_ifrs-full_NotionalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_A1.5Member_019f22b7-3604-71d0-99d4-57edf24c45fb_terseLabel_en-US" xlink:label="lab_sek_A1.5Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1.5%</link:label>
    <link:label id="lab_sek_A1.5Member_label_en-US" xlink:label="lab_sek_A1.5Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">1.5% [Member]</link:label>
    <link:label id="lab_sek_A1.5Member_documentation_en-US" xlink:label="lab_sek_A1.5Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">1.5%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_A1.5Member" xlink:href="sek-20260630.xsd#sek_A1.5Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_A1.5Member" xlink:to="lab_sek_A1.5Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnobservableInputsDomain_019ef91c-200a-7ac4-9fe8-90a4c07ad5df_terseLabel_en-US" xlink:label="lab_ifrs-full_UnobservableInputsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unobservable inputs [domain]</link:label>
    <link:label id="lab_ifrs-full_UnobservableInputsDomain_label_en-US" xlink:label="lab_ifrs-full_UnobservableInputsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unobservable inputs [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnobservableInputsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnobservableInputsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnobservableInputsDomain" xlink:to="lab_ifrs-full_UnobservableInputsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInEquityAbstract_019f3213-dde6-74fe-8bb0-26cc684245f1_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in equity [abstract]</link:label>
    <link:label id="lab_ifrs-full_ChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_ChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInEquityAbstract" xlink:to="lab_ifrs-full_ChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedgesMember_019ef91c-200b-74ca-9601-f059ee86e4d8_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedge reserve</link:label>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedgesMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of cash flow hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfCashFlowHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:to="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_NO_019ef91c-200b-746d-90ab-5ad209c13c96_terseLabel_en-US" xlink:label="lab_country_NO" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Norway</link:label>
    <link:label id="lab_country_NO_label_en-US" xlink:label="lab_country_NO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NORWAY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_NO" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_NO"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NO" xlink:to="lab_country_NO" xlink:type="arc" order="1"/>
    <link:label id="lab_country_NL_019ef91c-200a-7117-a54b-1017499b208f_terseLabel_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Netherlands</link:label>
    <link:label id="lab_country_NL_label_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NETHERLANDS</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_NL" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_NL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NL" xlink:to="lab_country_NL" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities_019ef91c-200b-7e17-bd60-a1e67493c9ef_terseLabel_en-US" xlink:label="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surplus value (+) /Deficit value (-) financial liabilities</link:label>
    <link:label id="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities_label_en-US" xlink:label="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surplus (Deficit) Comparing Fair Value To Carrying Value Of Financial Liabilities</link:label>
    <link:label id="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities_documentation_en-US" xlink:label="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The surplus (deficit) when comparing fair value to carrying amount of financial liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities" xlink:href="sek-20260630.xsd#sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities" xlink:to="lab_sek_SurplusDeficitComparingFairValueToCarryingValueOfFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember_019ef91c-200a-700d-b6e6-8b1f67c19b9a_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stage 2</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments not credit-impaired [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsNotCreditimpairedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:to="lab_ifrs-full_FinancialInstrumentsNotCreditimpairedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CurrencyAxis_019ef91c-200b-7292-8c58-ff53f07f53a2_terseLabel_en-US" xlink:label="lab_srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency [Axis]</link:label>
    <link:label id="lab_srt_CurrencyAxis_label_en-US" xlink:label="lab_srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CurrencyAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CurrencyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CurrencyAxis" xlink:to="lab_srt_CurrencyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_MiddleEastAfricaAndTurkeyMember_019ef91c-200b-739e-83b2-fb839b5182c6_terseLabel_en-US" xlink:label="lab_sek_MiddleEastAfricaAndTurkeyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Middle East/Africa/Turkey</link:label>
    <link:label id="lab_sek_MiddleEastAfricaAndTurkeyMember_label_en-US" xlink:label="lab_sek_MiddleEastAfricaAndTurkeyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Middle East, Africa And Turkey [Member]</link:label>
    <link:label id="lab_sek_MiddleEastAfricaAndTurkeyMember_documentation_en-US" xlink:label="lab_sek_MiddleEastAfricaAndTurkeyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to the Middle East, Africa or Turkey.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_MiddleEastAfricaAndTurkeyMember" xlink:href="sek-20260630.xsd#sek_MiddleEastAfricaAndTurkeyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_MiddleEastAfricaAndTurkeyMember" xlink:to="lab_sek_MiddleEastAfricaAndTurkeyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_ReserveOfIntangibleAssetsMember_019ef91c-20b9-7830-9751-fc0172506b31_terseLabel_en-US" xlink:label="lab_sek_ReserveOfIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_sek_ReserveOfIntangibleAssetsMember_label_en-US" xlink:label="lab_sek_ReserveOfIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve Of Intangible Assets [Member]</link:label>
    <link:label id="lab_sek_ReserveOfIntangibleAssetsMember_documentation_en-US" xlink:label="lab_sek_ReserveOfIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for reserve of intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ReserveOfIntangibleAssetsMember" xlink:href="sek-20260630.xsd#sek_ReserveOfIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ReserveOfIntangibleAssetsMember" xlink:to="lab_sek_ReserveOfIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_019ef91c-200b-7493-bf0b-4b91fe8b7cf8_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share (in SEK per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_DisclosureOfSSystemTextBlock_019ef91c-200b-7b38-a19d-718c1fd4eda2_terseLabel_en-US" xlink:label="lab_sek_DisclosureOfSSystemTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CIRR-system</link:label>
    <link:label id="lab_sek_DisclosureOfSSystemTextBlock_label_en-US" xlink:label="lab_sek_DisclosureOfSSystemTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of S System [Text Block]</link:label>
    <link:label id="lab_sek_DisclosureOfSSystemTextBlock_documentation_en-US" xlink:label="lab_sek_DisclosureOfSSystemTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure of S-systems.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_DisclosureOfSSystemTextBlock" xlink:href="sek-20260630.xsd#sek_DisclosureOfSSystemTextBlock"/>
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    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_019ef91c-200a-7b43-b316-90cb60d03bc6_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis"/>
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    <link:label id="lab_country_ME_019f1e42-7e6b-7409-bf21-278a772e00be_terseLabel_en-US" xlink:label="lab_country_ME" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Montenegro</link:label>
    <link:label id="lab_country_ME_label_en-US" xlink:label="lab_country_ME" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">MONTENEGRO</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_ME" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ME"/>
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    <link:label id="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsDomain_019ef91c-200a-70ff-8737-e33845d9c83d_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit impairment of financial instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_CreditImpairmentOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit impairment of financial instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditImpairmentOfFinancialInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditImpairmentOfFinancialInstrumentsDomain"/>
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    <link:label id="lab_ifrs-full_NetAssetsLiabilities_019ef91c-200a-7ae6-9a50-d015e1faf26f_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities at fair value, at the beginning of period</link:label>
    <link:label id="lab_ifrs-full_NetAssetsLiabilities_019ef91c-200a-7506-a101-b50e9aa66ad4_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Financial assets and liabilities at fair value, at the end of period</link:label>
    <link:label id="lab_ifrs-full_NetAssetsLiabilities_019ef91c-200a-7437-a848-78df597f1dcf_verboseLabel_en-US" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net assets (liabilities)</link:label>
    <link:label id="lab_ifrs-full_NetAssetsLiabilities_label_en-US" xlink:label="lab_ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets (liabilities)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetAssetsLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetAssetsLiabilities"/>
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    <link:label id="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock_019ef91c-200a-73b3-b8e6-49e3a9e3d944_terseLabel_en-US" xlink:label="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of liquidity coverage ratio</link:label>
    <link:label id="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock_label_en-US" xlink:label="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Liquidity Coverage [Table Text Block]</link:label>
    <link:label id="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock_documentation_en-US" xlink:label="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of Liquidity coverage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_ScheduleOfLiquidityCoverageTableTextBlock" xlink:href="sek-20260630.xsd#sek_ScheduleOfLiquidityCoverageTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_sek_ScheduleOfLiquidityCoverageTableTextBlock" xlink:to="lab_sek_ScheduleOfLiquidityCoverageTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_019ef91c-200a-74c8-b542-53eb6d2dd09c_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit plans</link:label>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of remeasurements of defined benefit plans [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember"/>
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    <link:label id="lab_ifrs-full_OptionPricingModelMember_019ef91c-20b9-7e5e-8d0b-30e7c6901a78_terseLabel_en-US" xlink:label="lab_ifrs-full_OptionPricingModelMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option Model</link:label>
    <link:label id="lab_ifrs-full_OptionPricingModelMember_label_en-US" xlink:label="lab_ifrs-full_OptionPricingModelMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option pricing model [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OptionPricingModelMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OptionPricingModelMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OptionPricingModelMember" xlink:to="lab_ifrs-full_OptionPricingModelMember" xlink:type="arc" order="1"/>
    <link:label id="lab_sek_PercentageOfNetExposures_019ef91c-200b-7451-b3a2-caa5279fd84a_verboseLabel_en-US" xlink:label="lab_sek_PercentageOfNetExposures" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Percentage of net exposures</link:label>
    <link:label id="lab_sek_PercentageOfNetExposures_label_en-US" xlink:label="lab_sek_PercentageOfNetExposures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Net Exposures</link:label>
    <link:label id="lab_sek_PercentageOfNetExposures_documentation_en-US" xlink:label="lab_sek_PercentageOfNetExposures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the percentage of net exposures.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_sek_PercentageOfNetExposures" xlink:href="sek-20260630.xsd#sek_PercentageOfNetExposures"/>
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    <link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems_019ef91c-200b-7749-a813-5aeb9124bb1b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalLineItems"/>
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