Swedish current account surplus jumped to SEK 64.3 billion in the fourth quarter of 2016 from SEK 50.8 billion in the previous year. A higher surplus in the trade in services (SEK 29.8 billion from SEK 25.4 billion) and crediting of EU VAT were the primary reasons for the net increase in the current account. In addition, the goods surplus widened to SEK 25.1 billion from SEK 24.6 billion; the secondary income gap narrowed to SEK 13.2 billion from SEK 22 billion and the primary income surplus was barely unchanged at SEK 22.6 billion (22.9 billion a year earlier). Considering full 2016 the current account surplus increased to SEK 203.9 billion from SEK 196.4 billion in 2015. Current Account in Sweden averaged 24.50 SEK Billion from 1982 until 2016, 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.
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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 March of 2017.