Sweden - Current Account Balance





Sweden: Current Account Balance

Mnemonic TAB.ISWE
Unit Bil. SEK, NSA
Adjustments Not Seasonally Adjusted
Quarterly 1.74 %
Data 2023 Q4 116.7
2023 Q3 114.7

Series Information

Source Statistics Sweden
Release Balance of payments, external debt, international investment position
Frequency Quarterly
Start Date 3/31/1982
End Date 12/31/2023

Sweden: Trade

Reference Last Previous Units Frequency
Balance of Goods Jan 2024 8,495 9,011 Millions of Swedish Kroner, SA Monthly
Exports of Goods Jan 2024 173,926 175,787 Millions of Swedish Kroner, SA Monthly
Imports of Goods Jan 2024 165,432 166,776 Millions of Swedish Kroner, SA Monthly
Current Account Balance 2023 Q4 116.7 114.7 Bil. SEK, NSA Quarterly
Exports of Goods and Services 2023 Q4 908,661 821,240 Mil. SEK, NSA Quarterly
Imports of Goods and Services 2023 Q4 820,034 751,192 Mil. SEK, NSA Quarterly
Real Exports of Goods and Services 2023 Q4 868,548 780,582 Mil. Ch. 2022 SEK, NSA Quarterly
Real Imports of Goods and Services 2023 Q4 779,122 708,060 Mil. Ch. 2022 SEK, NSA Quarterly

Release Information

For Sweden, three related datasets under the IMF "Balance of Payments Manual, 6th edition" framework:

  • Balance of payments, detailed; which record economic transactions between residents and non-residents
  • Gross external debt, detailed by institutional sector, tenor and asset; are current liabilities that require payment(s) of principal and/or interest, and are owed to non-residents
  • International investment position.

Balance of payments

Active:

  • Framework: IMF BPM6
  • Measurement: Billions of Swedish kronor (Bil. SEK)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: As early as 1982Q1

Predecessor:

  • BPM5 - 1992Q1 to 2014Q2 ("_B5")

Gross external debt

Active:

  • Framework: IMF BPM6
  • Measurement: Billions of Swedish kronor (Bil. SEK)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 1997Q4

Predecessor:

  • BPM5 - 2008Q1 to 2014Q2 ("_B5")

International investment position

Active:

  • Framework: IMF BPM6
  • Measurement: Billions of Swedish kronor (Bil. SEK)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: Uniformly 2006Q1

The Riksbank has long been in the practice of compiling "Balance of Payments ", i.e. statistical data on cross border transactions, portfolio investment, Swedish assets and liabilities with the rest of the world. Since 1 September 2007 the data are assembled by SCB (Statistic Sweden), on behalf of the Riksbank.

Data published include:

  1. The current account broken down by main components; trade, income and current transfers. The trade component publishes separately identifiable data on exports and imports of goods and services. The data disseminated on income and current transfers include the prescribed components of net current transfers and net income receipts.
  2. The capital account, including capital transfers.
  3. The financial account broken down by reserves, direct and portfolio investment, loans, etc. and others.

External Debt data are disseminated in millions of Swedish kronor for:

Total liabilities owed to non-residents (in accordance with the residence criteria of the BPM6) broken down by:

  • general government, monetary authorities, monetary financial institutions, and other sectors;
  • maturity (short term/long term); and
  • investment type

Timeliness

Data are disseminated eight weeks after the end of the reference month.

Moody's Analytics supplements

For the current account balance, we construct a seasonally adjusted counterpart.

For Balance of Payments data, regular revisions are made monthly for the five preceding months, together with annual revisions for latest and earlier years when data for a full year is disseminated.

To the extent other openly available statistics that constitute an input to the balance of Payments are revised, a corresponding revision is always made within the Balance of Payments in order to keep consistency. Occasionally when substantial revisions occur in data collected by Sveriges Riksbank, revisions are made in the BoP.

Larger revisions of the data are specifically commented upon.

Gross external debt data are preliminary when first released.

Further reading

At the source:

At IMF (SDDS Plus):

  • Sep 2005 - Initial version.
  • Aug 2015 - Framework advanced to BPM6.
  • 16 Oct 2023, Phillip Thorne - Addendum of international investment position: Properties, Moody's Analytics supplements, Further reading.