Sweden - Current Account Balance

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:

• Statistical database
• Balance of payments
  • Theme
  • Data collection
  • Recent data table
• Gross external debt
• International investement position
  • Recent data table

At IMF (SDDS Plus):

• Balance of payments (Jan 2023)
• International investment position (Jan 2023)
• External debt (Jan 2023)

• 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.