Sweden Current Account Surplus Narrows in Q2

Sweden’s current account surplus narrowed to SEK 84.5 billion in the second quarter of 2025 from SEK 136 billion in the corresponding period of the previous year, as all major components weakened, led by a drop in investment returns within the primary income balance. The primary income surplus declined to SEK 71 billion from SEK 97 billion a year ago, while the goods surplus eased to SEK 81 billion from SEK 87.1 billion. At the same time, the services deficit widened to SEK 40.1 billion from SEK 21.5 billion, and the secondary income gap edged up to SEK 27.5 billion from SEK 26.6 billion.