Swedish current account surplus rose to SEK 62.7 billion in the first quarter of 2019 from SEK 17.6 billion in the corresponding period of the previous year. It was the largest current account surplus since Q3 2008, as the services account recorded a SEK 7.7 billion surplus swinging from a SEK 1.1 billion deficit a year ago while the goods surplus increased to SEK 45.6 billion from SEK 23.5 billion. Also, the primary income surplus widened to SEK 41.5 billion from SEK 21 billion, mainly due to the income on portfolio investments. Meanwhile, the secondary income deficit rose to SEK 32.2 billion from SEK 25.8 billion in Q1 2018. Current Account in Sweden averaged 24.50 SEK Billion from 1982 until 2019, 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 9.00 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 2020, according to our econometric models.

Sweden Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-04 07:30 AM Current Account SEK10B SEK17.6B SEK 26.5B
2018-12-04 08:30 AM Current Account SEK38.6B SEK4.1B SEK 32.6B
2019-03-06 08:30 AM Current Account SEK39.6B SEK36.3B SEK32.4B
2019-06-04 07:30 AM Current Account SEK63B SEK29B SEK25.0B
2019-09-03 07:30 AM Current Account SEK63B SEK9.0B
2019-12-04 08:30 AM Current Account SEK40.2B


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 1400.00 6400.00 21900.00 -10500.00 SEK million [+]
Current Account 62.70 29.00 82.30 -15.90 SEK Billion [+]
Current Account to GDP 2.00 3.20 8.20 -3.30 percent [+]
Imports 126600.00 127000.00 144500.00 1020.00 SEK million [+]
Exports 128000.00 133400.00 137600.00 970.00 SEK million [+]
External Debt 8349.10 8062.90 8942.40 1853.60 SEK Billion [+]
Terms of Trade 100.78 101.48 125.65 93.45 Index Points [+]
Foreign Direct Investment 63.70 -2.70 349.00 -69.80 SEK Billion [+]
Capital Flows -80.60 114.20 162.90 -151.40 SEK Billion [+]
Remittances 18.10 16.20 20.00 3.50 SEK Billion [+]
Gold Reserves 125.70 125.70 185.42 125.70 Tonnes [+]
Terrorism Index 3.94 3.76 3.98 0.01 [+]
Weapons Sales 134.00 84.00 898.00 13.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
62.70 29.00 82.30 -15.90 1982 - 2019 SEK Billion Quarterly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil -62.00 Apr/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 15181.70 Dec/18
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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