Sweden Current Account Surplus Smallest in Over 2 Years

2026-06-05 06:15 By Joshua Ferrer 1 min. read

Sweden’s current account posted a surplus of SEK 93.9 billion in the first quarter of 2026, narrowing from SEK 131.3 billion in the same period a year earlier.

This marked the smallest quarterly surplus since the fourth quarter of 2023, largely driven by increased services imports and weaker investment returns.

The services account deficit widened to SEK 31.3 billion from SEK 27.0 billion as services imports rose by SEK 19.3 billion year-on-year, while the primary income surplus narrowed to SEK 68.1 billion from SEK 90.7 billion, reflecting a drop in investment income.

The trade surplus also declined to SEK 88.8 billion from SEK 102.9 billion as goods exports fell by SEK 16.6 billion.

Partly offsetting these declines, the secondary income shortfall narrowed to SEK 31.6 billion from SEK 35.3 billion.



News Stream
Sweden Current Account Surplus Smallest in Over 2 Years
Sweden’s current account posted a surplus of SEK 93.9 billion in the first quarter of 2026, narrowing from SEK 131.3 billion in the same period a year earlier. This marked the smallest quarterly surplus since the fourth quarter of 2023, largely driven by increased services imports and weaker investment returns. The services account deficit widened to SEK 31.3 billion from SEK 27.0 billion as services imports rose by SEK 19.3 billion year-on-year, while the primary income surplus narrowed to SEK 68.1 billion from SEK 90.7 billion, reflecting a drop in investment income. The trade surplus also declined to SEK 88.8 billion from SEK 102.9 billion as goods exports fell by SEK 16.6 billion. Partly offsetting these declines, the secondary income shortfall narrowed to SEK 31.6 billion from SEK 35.3 billion.
2026-06-05
Sweden Current Account Surplus at 3-Year Low
Sweden’s current account surplus narrowed to SEK 78.1 billion in the fourth quarter of 2025, from SEK 96 billion in the same period a year earlier. This was the smallest quarterly surplus since Q4 2022, dragged down by a fall in the goods account surplus, which dropped to SEK 67.6 billion from SEK 87.3 billion in Q4 2024, while the services account deficit widened to SEK 27.6 billion from SEK 23.8 billion. In contrast, the primary income surplus increased to SEK 74.4 billion from SEK 69.7 billion, and the secondary income deficit slightly decreased to SEK 36.3 billion from SEK 37.2 billion.
2026-03-06
Swedish Current Account Surplus Widens in Q3
Sweden posted a current account surplus of SEK 93.2 billion in Q3 2025, widening from SEK 88.1 billion in the corresponding period of the previous year. The goods account surplus expanded to SEK 90.7 billion from SEK 62.5 billion a year earlier, while the primary income surplus, which mainly includes investment returns and wages, rose to SEK 81.3 billion from SEK 76.2 billion. Meanwhile, the services account deficit grew to SEK 5.3 billion from SEK 28.7 billion, and the secondary income shortfall, which covers international cooperation and EU contributions, increased to SEK 27.5 billion from SEK 22 billion.
2025-12-04