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.