International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden
Swedish Krona, Quarterly, Not Seasonally Adjusted
XTNTVA01SEQ664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,000,000,000.00
Year-over-Year Change
12566.67%
Date Range
1/1/1955 - 1/1/2025
Summary
This economic trend measures the quarterly exchange rate of the Swedish krona against the U.S. dollar, providing insight into Sweden's international trade and competitiveness.
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 Swedish krona exchange rate is a key indicator of Sweden's economic performance and global market position. Analysts and policymakers use this data to assess the country's export competitiveness and adjust trade policies accordingly.
Methodology
The data is collected by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The krona exchange rate is a crucial input for assessing Sweden's monetary policy and overall economic health.
Key Facts
- Sweden is one of the world's most export-oriented economies.
- The krona exchange rate fluctuates based on Sweden's trade balance and central bank policies.
- Tracking the krona's value is crucial for analyzing Sweden's economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly exchange rate of the Swedish krona against the U.S. dollar, providing insight into Sweden's international trade and competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The Swedish krona exchange rate is a key indicator of Sweden's economic performance and global market position, used by analysts and policymakers to assess the country's export competitiveness and adjust trade policies accordingly.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The krona exchange rate is a crucial input for assessing Sweden's monetary policy and overall economic health, informing decisions by the country's central bank and government.
Q: Are there update delays or limitations?
A: The data is provided on a quarterly basis, with a typical 1-2 month delay in availability.
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Citation
U.S. Federal Reserve, Swedish Krona, Quarterly, Not Seasonally Adjusted (XTNTVA01SEQ664N), retrieved from FRED.