The Swedish current account surplus widened to SEK 80.8 billion in the first quarter of 2020 from SEK 61.4 billion in the corresponding period of the previous year. It was the largest current account surplus since the first quarter of 2008, as the goods surplus increased to SEK 68.8 billion from SEK 46.7 billion. Also, the services account shifted to a SEK 2.4 billion surplus from a SEK 1.2 billion deficit a year earlier. On the other hand, the primary income surplus narrowed to SEK 42.2 billion from SEK 47.5 billion and the secondary income gap went up to SEK 32.7 billion from SEK 31.7 billion.

Current Account in Sweden averaged 25.35 SEK Billion from 1982 until 2020, reaching an all time high of 81.80 SEK Billion in the first quarter of 2008 and a record low of -15.90 SEK Billion in the third quarter of 1990. This page provides - Sweden Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Sweden

Current Account in Sweden is expected to be 34.00 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 21.00 in 12 months time. In the long-term, the Sweden Current Account is projected to trend around 28.00 SEK Billion in 2021 and 25.00 SEK Billion in 2022, according to our econometric models.

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Sweden Current Account

Actual Previous Highest Lowest Dates Unit Frequency
80.60 43.20 81.80 -15.90 1982 - 2020 SEK Billion Quarterly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-09-03 07:30 AM Q2 SEK37B SEK59.1B SEK9.0B
2019-12-04 08:30 AM Q3 SEK68.8B SEK37B SEK40.2B
2020-03-09 08:30 AM Q4 SEK 38.8B SEK 65B SEK 36.6B
2020-06-08 07:30 AM Q1 SEK80.6B SEK43.2B SEK 21B
2020-09-08 07:30 AM Q2 SEK80.6B SEK 15B
2020-12-08 08:30 AM Q3 SEK 34.3B


News Stream
Sweden Posts Largest Current Account Surplus in 12 Years
The Swedish current account surplus widened to SEK 80.8 billion in the first quarter of 2020 from SEK 61.4 billion in the corresponding period of the previous year. It was the largest current account surplus since the first quarter of 2008, as the goods surplus increased to SEK 68.8 billion from SEK 46.7 billion. Also, the services account shifted to a SEK 2.4 billion surplus from a SEK 1.2 billion deficit a year earlier. On the other hand, the primary income surplus narrowed to SEK 42.2 billion from SEK 47.5 billion and the secondary income gap went up to SEK 32.7 billion from SEK 31.7 billion.
2020-06-08
Swedish Current Account Surplus Widens in Q4
The Swedish current account surplus rose to SEK 38.8 billion in the fourth quarter of 2019 from a downwardly revised SEK 26.2 billion in the corresponding period of the previous year, as the goods surplus went up to SEK 30.2 billion from SEK 15.6 billion in Q4 2018. Meanwhile, the services surplus decreased marginally to SEK 7.7 billion from SEK 8.4 billion a year ago. At the same time, the primary income surplus increased to SEK 33.4 billion from SEK 26.4 billion while the secondary income deficit widened to SEK 32.4 billion from SEK 24.2 billion in the same period a year ago.
2020-03-09
Sweden Q3 Current Account Surplus Largest in 11 Years
Swedish current account surplus widened sharply to SEK 68.8 billion in the third quarter of 2019 from SEK 37.9 billion in the corresponding period of the previous year. It was the largest current account surplus since the third quarter of 2008, as the good surplus rose to SEK 33.8 billion from SEK 17.7 billion a year ago and the services balance shifted to a SEK 7.3 billion surplus from SEK 1 billion deficit. Also, the primary income surplus advanced to SEK 49 billion from SEK 41.5 billion a year earlier, mainly due to investment income. Meanwhile the secondary income gap increased to SEK 21.3 billion from SEK 20.4 billion.
2019-12-04
Sweden Q2 Current Account Surplus Widens Sharply
Swedish current account surplus widened sharply to SEK 37.0 billion in the second quarter of 2019 from SEK 0.8 billion in the same period of the previous year. The goods surplus rose to SEK 44.0 billion from SEK 16.1 billion a year earlier and the services surplus increased to SEK 5.2 billion from SEK 4.9 billion. Additionally, the primary income deficit narrowed to SEK 3.8 billion from SEK 10.4 billion a year ago, mainly due to income on investment and the secondary income shortfall fell to SEK 8.5 billion from SEEK 9.8 billion.
2019-09-03

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).