Swedish current account surplus decreased to SEK 10 billion in the second quarter of 2018 from SEK 35.6 billion in the corresponding period of the previous year. The goods surplus narrowed to SEK 20.4 billion from SEK 34.7 billion and the services surplus fell to SEK 10.6 billion from SEK 18.2 billion a year ago. Also, the primary income deficit widened to SEK 11.5 billion from SEK 6 billion while the secondary income gap declined to SEK 9.5 billion from SEK 11.2 billion in the three months to June of 2017. Current Account in Sweden averaged 24.53 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 SEK10B SEK 32.6B


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1400.00 -7700.00 21800.00 -10500.00 SEK million [+]
Exports 122300.00 112900.00 125900.00 970.00 SEK million [+]
Imports 120900.00 120600.00 130400.00 1020.00 SEK million [+]
Current Account 10.00 17.60 82.30 -15.90 SEK Billion [+]
Current Account to GDP 3.20 4.20 8.20 -3.30 percent [+]
External Debt 8882.60 8665.60 8882.60 1853.60 SEK Billion [+]
Terms of Trade 99.30 100.48 125.65 93.45 Index Points [+]
Foreign Direct Investment 10303.00 26529.00 349007.00 -69772.00 SEK Million [+]
Capital Flows -9.50 -68.00 162.90 -128.70 SEK Billion [+]
Remittances 18.00 16.40 20.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.00 17.60 82.30 -15.90 1982 - 2018 SEK Billion Quarterly




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


Related

Latest