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.