National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Sweden
NAEXKP06SEQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.04
Year-over-Year Change
9.03%
Date Range
1/1/1961 - 1/1/2025
Summary
This trend measures the volume of exports of goods and services for Sweden, adjusted for inflation. It is a key indicator of the country's international trade and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Sweden tracks the real value of all goods and services exported from Sweden. This metric is used by economists and policymakers to assess the health of the Swedish economy and its engagement with global markets.
Methodology
The data is collected and calculated by Sweden's national statistics agency using international standards for national accounting.
Historical Context
Exports are a crucial component of Sweden's GDP, so this trend is closely monitored for insights into the country's economic conditions and trade policy.
Key Facts
- Sweden is a major exporter, with exports accounting for over 50% of its GDP.
- Exports of goods make up around two-thirds of total Swedish exports.
- The COVID-19 pandemic caused a sharp decline in Swedish exports in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of exports of goods and services from Sweden, adjusted for inflation. It provides insight into the country's international trade and economic performance.
Q: Why is this trend relevant for users or analysts?
A: Exports are a crucial component of Sweden's GDP, so this trend is closely watched by economists and policymakers to assess the health of the Swedish economy and its engagement with global markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Sweden's national statistics agency using international standards for national accounting.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor the performance of the Swedish economy and inform decisions related to trade, exchange rates, and macroeconomic policy.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of a few months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Sweden (NAEXKP06SEQ659S), retrieved from FRED.