Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Sweden
SWEPREND401IXEBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.03
Year-over-Year Change
0.45%
Date Range
1/1/2000 - 7/1/2023
Summary
This trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Sweden. It provides insight into the country's energy infrastructure and economic activity.
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 'Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Sweden' series tracks the overall output of Sweden's utilities sector. It serves as an important indicator of industrial activity and energy demand within the Swedish economy.
Methodology
This data is collected through industry surveys and government statistical agencies.
Historical Context
Policymakers and analysts use this trend to assess the health and performance of Sweden's energy infrastructure and industrial base.
Key Facts
- Sweden is a net exporter of electricity, producing more than it consumes.
- The utilities sector accounts for around 2% of Sweden's total GDP.
- Sweden aims to have 100% renewable electricity generation by 2040.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production and distribution of electricity, gas, steam, and air conditioning in Sweden. It provides an overview of the country's energy infrastructure and industrial activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of Sweden's economic performance and energy demand. It helps policymakers and analysts assess the health and development of the utilities sector and broader industrial base.
Q: How is this data collected or calculated?
A: The data is collected through industry surveys and government statistical agencies in Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the performance of Sweden's energy infrastructure and inform decisions related to energy policy, industrial development, and economic planning.
Q: Are there update delays or limitations?
A: There may be a delay of several months between the end of the reporting period and the release of the latest data. Additionally, the data may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Sweden (SWEPREND401IXEBQ), retrieved from FRED.