Just the feet were left on the plinth while the rest of the body was overturned and lying on its side over a wire security fence outside Malmo’s stadium.
A dark Sweden shirt was draped over the statue’s face.
It is the latest attack on the 500kg monument which was unveiled outside his boyhood club in October by the Swedish Football Association to mark the career of one of the country’s greatest players.
Last month, there was an attempt to saw off its legs and its nose was cut off.
In November, vandals tried to set the statue on fire and wrote racist graffiti next to it.
That first attack came just hours after Ibrahimovic angered Malmo fans when he bought a stake in rival club Hammarby and said he wanted to make the Stockholm-based team “the best in Scandinavia”.
Hakan Sjostrand, secretary general of Sweden’s FA, said: “I can understand that there is a disappointment in Malmo but it crosses all boundaries when you vandalise the statue in the way that has happened.”
The statue is being removed but is set to be put back up.
So far, there have been no arrests.
Ibrahimovic recently joined Italian side AC Milan, a club he previously played for nearly a decade ago.
