The Swedish current account surplus widened to SEK 63.2 billion in the second quarter of 2020 from SEK 34.7 billion in the corresponding period of the previous year. The services account shifted to a SEK 0.7 billion surplus from a SEK 2.2 billion deficit a year earlier; and the primary income balance swung to a SEK 44.9 bullion surplus from a SEK 1.1 billion gap. On the other hand, the goods surplus narrowed to SEK 42.3 billion from SEK 47.8 billion in Q2 2019; and the secondary income shortfall rose sharply to SEK 24.7 billion from SEK 9.7 billion. source: Statistics Sweden
Current Account in Sweden averaged 25.57 SEK Billion from 1982 until 2020, reaching an all time high of 81.80 SEK Billion in the first quarter of 2008 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 October of 2020.
Current Account in Sweden is expected to be 34.00 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 21.00 in 12 months time. In the long-term, the Sweden Current Account is projected to trend around 28.00 SEK Billion in 2021 and 25.00 SEK Billion in 2022, according to our econometric models.