Sweden's current account surplus declined sharply to SEK 57.5 billion in the first quarter of 2022 from SEK 76.8 billion in the same period last year, as the goods surplus decreased to SEK 52.4 billion from SEK 59.5 billion a year ago, while the services accounted posted a deficit of SEK 5.7 billion, switching from a surplus of SEK 6.0 billion. Also, primary income, which consists mainly of compensation of employees and investment income, presented a surplus of SEK 43.1 billion in the first quarter, down from SEK 48.7 billion. Meanwhile, secondary income, which includes international cooperation and donations and contributions to the EU, presented a deficit of SEK 32.4 billion, down from SEK 37.5 billion a year earlier. source: Statistics Sweden
Current Account in Sweden averaged 27.55 SEK Billion from 1982 until 2022, reaching an all time high of 87.50 SEK Billion in the third quarter of 2019 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 June of 2022.
Current Account in Sweden is expected to be 42.00 SEK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Current Account is projected to trend around 48.00 SEK Billion in 2023, according to our econometric models.