Great Reduction

In the Great Reduction of 1680, by which the ancient landed nobility lost its power base, the Swedish Crown recaptured lands earlier granted to the nobility. Reductions in Sweden-Finland (Swedish: Reduktion) were the return to the Crown of fiefs that had been granted to the Swedish nobility. Several reductions are recorded, from the 13th century until this final one of 1680.

The reductions were fought for by gentry, tradesmen, state servants, and peasantry alike, partly as a way to curb the power of the great aristocratic families and partly as a way to make the state solvent and able to pay its debts.

One such reduction, (Swedish: Fjärdepartsräfsten) under Charles X Gustav of Sweden in 1655, intended at restoring a quarter of "donations" made after 1632. However, the outbreak of the Second Northern War prevented its realisation. Only after Charles XI's entry into maturity in 1672, it began to be implemented effectively. It would soon become obvious, that it was not enough to bring public finances into balance.

It is not known exactly how much the Swedish Crown profited from the reductions. The reductions carried out during the reign of Charles XI seem to have resulted in 1,950,000 daler silvermynt in annual rent of which 700,000 were from Sweden and Finland, the core of the Swedish Empire. The dominions in the eastern Baltic and northern Germany yielded approximately 1,150,000 daler silvermynt, of which 550,000 came from Livonia alone.

Financially, the reduction during the reign of Charles XI resulted in a significant increase of the assets of the Swedish Crown. To a high degree, it contributed to the development of the strong and meticulous organization of the realm's finances and government. The reduction also improved the situation of the landowning peasant's estate, especially since many of the recovered fiefs were sold to peasants during the reign of Charles XII. Sometimes the reduction is claimed to have saved the independence of the peasant estate, but this claim is not substantiated.

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