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. source: Statistics Sweden

Current Account in Sweden averaged 27.35 SEK Billion from 1982 until 2021, 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 May of 2022.

Current Account in Sweden is expected to be 62.00 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.

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Sweden Current Account



Calendar GMT Actual Previous Consensus TEForecast
2021-12-06 08:30 AM Q3 SEK63B SEK85.7B SEK81.9B SEK66.7B
2022-03-04 07:00 AM Q4 SEK68.5B SEK60.8B SEK51.5B
2022-06-07 07:30 AM Q1 SEK68.5B SEK62B


Related Last Previous Unit Reference
Balance of Trade 4700.00 1500.00 SEK million Mar 2022
Current Account 68.50 60.80 SEK Billion Dec 2021
Imports 178100.00 149700.00 SEK million Mar 2022
Exports 182800.00 151200.00 SEK million Mar 2022
Terms of Trade 96.24 97.30 points Mar 2022
Capital Flows -193.50 43.80 SEK Billion Dec 2021
Remittances 17.70 17.50 SEK Billion Dec 2021

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
68.50 60.80 87.50 -15.90 1982 - 2021 SEK Billion Quarterly
Current Prices, NSA

News Stream
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
Swedish Current Account Surplus Narrows in Q3
Sweden's current account surplus narrowed to SEK 63.0 billion in the third quarter of 2021, from a revised SEK 76.4 billion in the same period last year and below market expectations of SEK 81.9 billion. The goods surplus decreased to SEK 47.0 billion from SEK 48.3 billion a year ago, while the services deficit widened to SEK 8.0 billion from SEK 2.5 billion. Primary income, which consists mainly of compensation of employees and investment income, presented a surplus of SEK 45.2 billion in the third quarter, down from SEK 48.1 billion a year earlier; while secondary income, which includes international cooperation and donations and contributions to the EU, presented a deficit of SEK 21.2 billion, up from SEK 17.5 billion.
2021-12-06
Swedish Current Account Surplus Widens in Q2
The Swedish current account surplus rose to SEK 80.3 billion in the second quarter of 2021 from SEK 64.8 billion in the corresponding period of the previous year. The goods surplus widened to SEK 68.3 billion from SEK 46.7 billion a year earlier, as exports rose more than imports of goods. Services account recorded a SEK 1.9 billion surplus, switching from a SEK 4.9 billion deficit and the secondary income gap decreased to SEK 21.3 billion from SEK 24.3 billion. Meanwhile, the primary income surplus narrowed to SEK 31.3 billion from SEK 47.3 billion, as the surplus on return on capital shrunk by SEK 15.4 billion.
2021-09-03