National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Sweden
SWECINSQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10,133,000,000.00
Year-over-Year Change
2324.16%
Date Range
1/1/1993 - 7/1/2023
Summary
This economic trend measures changes in inventories and net acquisition of valuables for Sweden's GDP by expenditure at current prices. It provides insights into the role of inventory investment in the country's 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 'Changes in Inventories and Net Acquisition of Valuables' trend is a key component of Sweden's GDP by expenditure calculation. It captures fluctuations in the value of unsold goods held by businesses as well as the net purchase of valuables like precious metals, antiques, and other assets.
Methodology
The data is collected through surveys of businesses and other economic entities.
Historical Context
This metric is closely watched by economists and policymakers to gauge the state of the Swedish economy and inform macroeconomic decision-making.
Key Facts
- Sweden's GDP grew by 5.1% in 2021.
- Inventory investment contributed 0.6 percentage points to Sweden's GDP growth in 2021.
- Inventory fluctuations can signal changes in business confidence and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in inventories and net acquisition of valuables, which are components of Sweden's GDP by expenditure calculation at current prices.
Q: Why is this trend relevant for users or analysts?
A: Inventory investment is an important indicator of business confidence and can provide insights into the overall state of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and other economic entities in Sweden.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to gauge the health of the Swedish economy and inform macroeconomic decision-making.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have reporting lags, as is common with many economic indicators.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Sweden (SWECINSQDSMEI), retrieved from FRED.