Sweden's current account surplus declined sharply to SEK 31.7 billion in the third quarter of 2022 from SEK 76.6 billion in the same period last year, as the goods surplus plunged to SEK 21.1 billion from SEK 42.7 billion a year ago, while the services gap jumped to SEK 22.8 billion from 2.3 billion. Also, secondary income, which includes international cooperation and donations and contributions to the EU, presented a deficit of SEK 26.0 billion, up from SEK 20.3 billion a year earlier. Meantime, primary income, which consists mainly of compensation of employees and investment income, presented a surplus of SEK 59.4 billion in the third quarter, up from SEK 56.5 billion. source: Statistics Sweden

Current Account in Sweden averaged 27.67 SEK Billion from 1982 until 2022, reaching an all time high of 87.70 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 February of 2023.

Current Account in Sweden is expected to be 45.00 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 37.00 SEK Billion in 2023 and 32.00 SEK Billion in 2024, according to our econometric models.

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Sweden Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-01 06:30 AM Q2 SEK36B SEK42.8B SEK52B
2022-12-05 07:00 AM Q3 SEK31.7B SEK54.9B SEK54B
2023-03-06 07:00 AM Q4 SEK31.7B SEK 45B


Related Last Previous Unit Reference
Balance of Trade -1200.00 -6500.00 SEK Million Dec 2022
Current Account 31.70 54.90 SEK Billion Sep 2022
Imports 173300.00 189400.00 SEK Million Dec 2022
Exports 172100.00 182900.00 SEK Million Dec 2022
Terms of Trade 99.09 98.06 points Dec 2022
Capital Flows 1.30 -62.10 SEK Billion Sep 2022
Remittances 19.90 23.60 SEK Billion Sep 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
31.70 54.90 87.70 -15.90 1982 - 2022 SEK Billion Quarterly
Current Prices, NSA

News Stream
Swedish Q3 Current Account Surplus Narrows Sharply
Sweden's current account surplus declined sharply to SEK 31.7 billion in the third quarter of 2022 from SEK 76.6 billion in the same period last year, as the goods surplus plunged to SEK 21.1 billion from SEK 42.7 billion a year ago, while the services gap jumped to SEK 22.8 billion from 2.3 billion. Also, secondary income, which includes international cooperation and donations and contributions to the EU, presented a deficit of SEK 26.0 billion, up from SEK 20.3 billion a year earlier. Meantime, primary income, which consists mainly of compensation of employees and investment income, presented a surplus of SEK 59.4 billion in the third quarter, up from SEK 56.5 billion.
2022-12-05
Swedish Current Account Surplus Narrows in Q1
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.
2022-06-07
Swedish Current Account Surplus Narrows in Q4
Sweden's current account surplus narrowed to SEK 68.5 billion in the fourth quarter of 2021, from SEK 73.7 billion in the same period last year. The goods surplus decreased to SEK 55.9 billion from SEK 59.9 billion a year ago and the services surplus contracted significantly to SEK 2.3 billion from SEK 13.9 billion. Meanwhile, primary income, which consists mainly of compensation of employees and investment income, presented a surplus of SEK 31.2 billion in the fourth quarter, up from SEK 28.8 billion while secondary income, which includes international cooperation and donations and contributions to the EU, presented a deficit of SEK 20.9 billion, down from SEK 28.9 billion a year earlier.
2022-03-04