Swedish current account surplus rose to SEK 39.6 billion in the fourth quarter of 2018 from a downwardly revised SEK 35.5 billion in the corresponding period of the previous year. It is the largest current account surplus since Q4 2016, as the services surplus increased to SEK 23.2 billion from SEK 13 billion a year earlier, on higher sales of research and development services and data services. Also, the primary income surplus widened to SEK 24.6 billion from SEK 20.3 billion, mainly due to the return on portfolio investments and direct investment. Meanwhile, the goods surplus decreased to SEK 16.4 billion from SEK 21.5 billion and the secondary income deficit went up to SEK 24.7 billion from SEK 19.3 billion in Q4 2017. In 2018, the country's current account surplus narrowed to SEK 93.8 billion from SEK 127.6 billion a year ago. Current Account in Sweden averaged 24.24 SEK Billion from 1982 until 2018, reaching an all time high of 82.30 SEK Billion in the first quarter of 2008 and a record low of -15.90 SEK Billion in the third quarter of 1990.

Current Account in Sweden is expected to be 25.00 SEK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Sweden to stand at 36.60 in 12 months time. In the long-term, the Sweden Current Account is projected to trend around 28.00 SEK Billion in 2020, according to our econometric models.

Sweden Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-04 07:30 AM Current Account SEK21.9B SEK37B SEK 45.5B
2018-09-04 07:30 AM Current Account SEK10B SEK17.6B SEK 26.5B
2018-12-04 08:30 AM Current Account SEK38.6B SEK4.1B SEK 32.6B
2019-03-06 08:30 AM Current Account SEK39.6B SEK36.3B SEK32.4B
2019-06-04 07:30 AM Current Account SEK39.6B SEK25.0B
2019-09-03 07:30 AM Current Account SEK9.0B
2019-12-04 08:30 AM Current Account SEK40.2B


Sweden Trade Last Previous Highest Lowest Unit
Balance of Trade 5000.00 3100.00 21900.00 -10500.00 SEK million [+]
Current Account 39.60 36.30 82.30 -15.90 SEK Billion [+]
Current Account to GDP 2.00 3.20 8.20 -3.30 percent [+]
Imports 117700.00 123600.00 144500.00 1020.00 SEK million [+]
Exports 122700.00 126700.00 137700.00 970.00 SEK million [+]
External Debt 8053.30 8811.30 8942.40 1853.60 SEK Billion [+]
Terms of Trade 101.51 101.80 125.65 93.45 Index Points [+]
Foreign Direct Investment -1.20 59.50 349.00 -69.80 SEK Billion [+]
Capital Flows 107.90 -80.40 162.90 -151.40 SEK Billion [+]
Remittances 16.30 16.80 20.00 3.50 SEK Billion [+]
Gold Reserves 125.70 125.70 185.42 125.70 Tonnes [+]
Terrorism Index 3.94 3.76 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

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). This page provides - Sweden Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Current Account - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
39.60 36.30 82.30 -15.90 1982 - 2018 SEK Billion Quarterly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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