Sweden current account to gdp

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Sweden current account to gdp: 6.5 (30%)
Last Update: December 31, 2024

Sweden current account to gdp closed down 6.5 as of December 31, 2024 from 5 from the previous month and 5.6 from last year.


Sweden current account to gdp Analytics & Data




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Sweden current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Sweden current account to gdp

DateValues
2024-12-31 6.5
2023-12-31 5
2022-12-31 5.4
2021-12-31 6.8
2020-12-31 5.9
2019-12-31 3.9
2018-12-31 1.7
2017-12-31 2.8
2016-12-31 3.8
2015-12-31 4.1
2014-12-31 4.5
2013-12-31 5.2
2012-12-31 5.6
2011-12-31 5.6
2010-12-31 6
2009-12-31 6
2008-12-31 7.8
2007-12-31 8.2
2006-12-31 8.2
2005-12-31 6
2004-12-31 6
2003-12-31 5.9
2002-12-31 4.5
2001-12-31 4.7

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Sweden current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpse.currentaccountgdp6.553016UPUP02024-12-31

Sweden current account to gdp Factors

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Sweden current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Sweden current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Sweden current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Sweden current account to gdp

The current account to GDP ratio in Sweden represents the country's balance of trade in goods and services, as well as income flows between Sweden and the rest of the world, relative to its gross domestic product. A positive current account balance indicates that Sweden is exporting more goods and services than it is importing, while a negative balance suggests the opposite. A high current account to GDP ratio can be a sign of a strong economy, as it indicates that Sweden is able to generate enough income from its exports to cover its imports and still have a surplus. Conversely, a low ratio may indicate that Sweden is relying heavily on imports and/or is experiencing a decline in its export competitiveness. Monitoring this ratio is important for policymakers to assess the overall health of the Swedish economy and make informed decisions about trade and economic policies.

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