Sweden's current account surplus increased to SEK 88.6 billion in the first quarter of 2023 from SEK 75.7 billion in the same period last year, easily beating market forecasts of SEK 60.5 billion, as the goods surplus surged to SEK 74.7 billion from SEK 60.7 billion a year ago, while primary income, which consists mainly of compensation of employees and investment income, presented a surplus of SEK 55.1 billion in the first quarter, down slightly from SEK 55.6 billion. In addition, the secondary income, which includes international cooperation and donations and contributions to the EU, posted a deficit of SEK 28.5 billion, down from SEK 32 billion a year earlier. Meanwhile, the services deficit widened to SEK 12.6 billion from 8.7 billion. source: Statistics Sweden
Current Account in Sweden averaged 28.94 SEK Billion from 1982 until 2023, reaching an all time high of 98.00 SEK Billion in the first quarter of 2021 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 2023.
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 32.00 SEK Billion in 2024 and 28.00 SEK Billion in 2025, according to our econometric models.