Swedish current account surplus decreased to SEK 38.6 billion in the third quarter of 2018 from SEK 40.8 billion in the corresponding period of the previous year. The services surplus narrowed to SEK 3 billion from SEK 6 billion a year earlier, mainly due to lower sales of the use of intellectual property rights and travel. Also, secondary income resulted in a loss of SEK 20 billion, compared to a deficit of almost SEK 17 billion in the corresponding quarter of the previous year. On the other hand, the goods surplus increased to SEK 19 billion from SEK 2 billion; the primary income surplus went up to SEK 37 billion from SEK 32 billion, mainly due to the return on portfolio investments. Salaries generated a surplus of just over SEK 1 billion, while the return on capital yielded a surplus of SEK 36 billion. Current Account in Sweden averaged 24.34 SEK Billion from 1982 until 2018, reaching an all time high of 82.30 SEK Billion in the first quarter of 2008 and a record low of -15.90 SEK Billion in the third quarter of 1990.

Current Account in Sweden is expected to be 19.83 SEK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Sweden to stand at 18.96 in 12 months time. In the long-term, the Sweden Current Account is projected to trend around 11.24 SEK Billion in 2020, according to our econometric models.

Sweden Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-03-05 08:30 AM Current Account SEK33.5B SEK44.7B SEK 45.5B
2018-06-04 07:30 AM Current Account SEK21.9B SEK37B SEK 45.5B
2018-09-04 07:30 AM Current Account SEK10B SEK17.6B SEK 26.5B
2018-12-04 08:30 AM Current Account SEK38.6B SEK4.1B SEK 32.6B
2019-03-06 08:30 AM Current Account SEK38.6B
2019-06-04 07:30 AM Current Account
2019-09-03 07:30 AM Current Account


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 4900.00 -8400.00 21900.00 -10500.00 SEK million [+]
Current Account 38.60 4.10 82.30 -15.90 SEK Billion [+]
Current Account to GDP 3.20 4.20 8.20 -3.30 percent [+]
Imports 134100.00 144000.00 144000.00 1020.00 SEK million [+]
Exports 139000.00 135600.00 139000.00 970.00 SEK million [+]
External Debt 8815.10 8882.60 8882.60 1853.60 SEK Billion [+]
Terms of Trade 100.97 99.29 125.65 93.45 Index Points [+]
Foreign Direct Investment 54.60 15.60 349.00 -69.80 SEK Billion [+]
Capital Flows -88.40 50.10 162.90 -153.10 SEK Billion [+]
Remittances 16.70 18.10 20.10 3.50 SEK Billion [+]
Gold Reserves 125.70 125.70 185.42 125.70 Tonnes [+]
Terrorism Index 3.76 3.98 3.98 0.01 [+]
Weapons Sales 83.00 267.00 898.00 15.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Sweden Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Sweden Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Current Account - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
38.60 4.10 82.30 -15.90 1982 - 2018 SEK Billion Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 23.25 Nov/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 4805.70 Nov/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


Related

Latest