Sweden GDP Growth Rate YoY
Add to your siteTimber, 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.
Source:
Statistics Sweden
Category:
GDP Annual Growth Rate
Units:
Percent
Latest Release
Previous:
-0.4%
Consensus:
0.2%
Actual:
0.8%
Next Release
No data
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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 | |
| USDSEK |
|
|
10.6432 -2501 pips |
10.9251 -318 pips |
10.89334 | |
| GBPSEK |
|
|
13.5504 -26 pips |
13.5013 +517 pips |
13.55296 | |
| SEKJPY |
|
|
13.1140 +29 pips |
13.1250 -30 pips |
12.827 | |
| NOKSEK |
|
|
0.9843 -16 pips |
1.0253 -394 pips |
0.9859 |
