Sweden recorded a Current Account surplus of 4.30 percent of the country's Gross Domestic Product in 2022. source: EUROSTAT

Current Account to GDP in Sweden averaged 2.75 percent of GDP from 1980 until 2022, reaching an all time high of 8.10 percent of GDP in 2006 and a record low of -3.30 percent of GDP in 1980. This page provides - Sweden Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Sweden Current Account to GDP



Related Last Previous Unit Reference
Current Account to GDP 4.30 6.50 percent of GDP Dec 2022

Sweden Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 6.50 8.10 -3.30 1980 - 2022 percent of GDP Yearly