Sweden recorded a Current Account surplus of 3.20 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Sweden averaged 2.60 percent from 1980 until 2017, reaching an all time high of 8.20 percent in 2006 and a record low of -3.30 percent in 1980.

Current Account to GDP in Sweden is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Current Account to GDP is projected to trend around 3.40 percent in 2020, according to our econometric models.

Sweden Current Account to GDP
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Forecast Data Chart
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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 to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Sweden Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 4.20 8.20 -3.30 1980 - 2017 percent Yearly




Country Last
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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