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Sweden GDP Growth Rate YoY

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Timber, hydropower, and iron ore are among Sweden's natural resources, which contribute to its high reliance on foreign trade. It is estimated that the engineering sector accounts for around 50% of output and exports. Among the expenditure components of GDP, household consumption is first, accounting for 46% of total usage, followed by government consumption (26%) and gross fixed capital formation (23%). 45% of the GDP is accounted for exports of goods and services, while imports account for 41%, with the latter accounting for 4% of the overall GDP.

A higher than expected figure should be seen as positive (bullish) for the SEK while a lower than expected figure should be seen as negative (bearish) for the SEK.

Category:  GDP Annual Growth Rate
Units: Percent
Details
Impact: Low
Country:
Currency: SEK
Latest Release
Previous: -0.4%
Consensus: 0.2%
Actual: 0.8%
Next Release
No data

Forex Sentiment (SEK)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
EURSEK
11.4809
-1775 pips
11.6499
+85 pips
11.65843
Symbol Action Percentage Volume Positions
EURSEK Short 96% 4.06 lots 42
Long 4% 0.15 lots 4
0% of traders are currently trading EURSEK.
USDSEK
10.6432
-2501 pips
10.9251
-318 pips
10.89334
Symbol Action Percentage Volume Positions
USDSEK Short 88% 1.26 lots 24
Long 13% 0.18 lots 7
0% of traders are currently trading USDSEK.
GBPSEK
13.5504
-26 pips
13.5013
+517 pips
13.55296
Symbol Action Percentage Volume Positions
GBPSEK Short 17% 0.02 lots 1
Long 83% 0.10 lots 1
0% of traders are currently trading GBPSEK.
SEKJPY
13.1140
+29 pips
13.1250
-30 pips
12.827
Symbol Action Percentage Volume Positions
SEKJPY Short 50% 0.01 lots 1
Long 50% 0.01 lots 1
0% of traders are currently trading SEKJPY.
NOKSEK
0.9843
-16 pips
1.0253
-394 pips
0.9859
Symbol Action Percentage Volume Positions
NOKSEK Short 0% 0.03 lots 3
Long 100% 21.14 lots 57
0% of traders are currently trading NOKSEK.