Sweden - Trade in services (% of GDP)

Trade in services (% of GDP) in Sweden was 25.45 as of 2020. Its highest value over the past 50 years was 28.62 in 2019, while its lowest value was 7.64 in 1972.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1970 7.81
1971 7.89
1972 7.64
1973 7.73
1974 8.76
1975 7.86
1976 7.74
1977 8.00
1978 8.32
1979 8.87
1980 8.41
1981 8.88
1982 11.74
1983 11.92
1984 11.56
1985 11.22
1986 10.05
1987 10.62
1988 11.06
1989 11.70
1990 11.66
1991 11.62
1992 12.19
1993 11.94
1994 12.08
1995 11.97
1996 11.96
1997 13.62
1998 13.75
1999 14.88
2000 16.71
2001 18.38
2002 17.05
2003 16.98
2004 18.08
2005 19.71
2006 20.29
2007 21.49
2008 22.79
2009 22.56
2010 21.14
2011 21.58
2012 22.34
2013 23.85
2014 24.92
2015 26.27
2016 25.71
2017 25.93
2018 26.18
2019 28.62
2020 25.45

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments