Investment Survey, February 2019
Investments in industry decreased
Statistical news from Statistics Sweden 2019-03-01 9.30
Investments by industrial enterprises amounted to SEK 72.5 billion (in current prices) in 2018. There was a 4 percent decrease in volume compared with 2017. Planned investments in 2019 are SEK 65.5 billion (in current prices).
Investments by industrial enterprises amounted to SEK 72.5 billion (in current prices), which was at the same level as in 2017. The forecast in Statistics Sweden’s October Survey was exceeded by SEK 500 million. The change in volume shows a reduction of 4 percent compared with 2017. Planned investments in 2019 are SEK 65.5 billion (in current prices), which is 5.6 billion more than forecasted in Statistics Sweden’s October Survey but is still a 10 percent decrease in current prices compared with 2018.
Strong development in the energy sector
The energy sector invested SEK 43.4 billion (in current prices) in 2018, an increase in volume of 7 percent compared with 2017. Energy enterprises are planning to invest SEK 48.2 billion in 2019, which is down by SEK 1.2 billion compared with the October Survey forecast but an increase of 11 percent in current prices compared with 2018.
Weak year for the Transport sector
The transport sector invested SEK 22.6 billion (in current prices) in 2018, a decrease in volume of 11 percent compared with 2017. On the other hand, the sector’s planned investments in 2019 show a positive development, indicating planned investments of SEK 28.7 billion in 2019, an increase of 27 percent in current prices compared with 2018.
| Investments in SEK billions in current prices 2018 | Current prices in billions according to forecast 2019 in the october survey 2018 | Current prices in billions according to forecast 2018 in the february survey 2018 | Volume change between 2018 and forecast 2019 according to the October survey | |
|---|---|---|---|---|
| Industry (B+C) | 72.5 | 59.9 | 65.5 | *** |
| Energy | 43.4 | 49.4 | 48.2 | *** |
| Construction | 9.6 | 7.6 | 7.8 | *** |
| Trade in goods | 16.9 | 15.3 | 15.5 | *** |
| Transportation and storage | 22.7 | 27.3 | 28.7 | *** |
| Information and communication | 20.7 | 17.2 | 20.3 | *** |
| Banks and insurance companies | 3.3 | 2.8 | 2.6 | *** |
| Property management | ** | 137.2 | ** | *** |
| Business services | 15.5 | 12.7 | 14.6 | *** |
** Not available ***Deflators not available
| Investments in SEK billions in current prices 2017 | Current prices in billions forecast 2018 according to February survey 2017 | Current prices in billions forecast 2018 according to the May survey 2018 | Current prices in billions forecast 2018 according to the October survey 2018 | Current prices results 2018 according to the February survey 2018 | Volume change between 2017 and result 2018 according to the February survey 2018 | |
|---|---|---|---|---|---|---|
| Industry (B+C) | 72.3 | 70 | 72.1 | 71.1 | 72.5 | ‑4 |
| Energy | 38.5 | 44.9 | 44.8 | 42.9 | 43.4 | 7 |
| Construction | 9.0 | 6.8 | 7.8 | 9.1 | 9.6 | 3 |
| Trade in goods | 17.3 | 14.4 | 13.5 | 16.5 | 16.9 | ‑6 |
| Transportation and storage | 24.6 | ** | 23.8 | 22.7 | 22.7 | ‑11 |
| Information and communication | 15.9 | 12.5 | 15.6 | 22 | 20.7 | 23 |
| Banks and insurance companies | 3.8 | 3 | 3.2 | 3.2 | 3.3 | ‑13 |
| Property management | 114.3 | ** | 115.5 | 121.4 | ** | ** |
| Business services | 14.6 | 13.7 | 12.5 | 14.2 | 15.5 | 3 |
** Property management not included, Transportation and storage partly included
Outcome 2002–2018, plans 2019. SEK billions, 2008 prices
Definitions and explanations
The population frame is collected from Statistics Sweden’s Business Register database. All enterprises with at least 200 employees are included, while enterprises with between 20 and 199 employees are sampled. In some activities, enterprises with between 5 and 199 employees are sampled. Enterprises in the industry sector with between 10 and 19 employees are taxed based on investment information from enterprises with between 20 and 49 employees.
In this survey, investment refers to the acquisition of tangible assets with an estimated life of at least one year, and also reconstruction and improvement work that materially raises capacity, standards and life-length. Investments are divided into buildings and machinery. Expected investments refer to concrete investment plans and the renewal of machinery and such not covered by current investment plans but which from experience can be expected to take place.
Information in the Investment Survey differs from the information in the National Accounts, as the national accounts include more sectors and use a broader definition of investment that includes purchased and proprietary software, financial leasing of capital items distributed by the utilising industry.
From the May 2009 publication, investment information is reported in accordance with the new Swedish classification of economic activity (SNI 2007). The transition to the new classification of economic activity means that earlier study domains are not completely comparable with today's publication. For more information, see SNI 2007.
Next publishing will be
The next statistical news in this series will concern the October survey and will be published on 2019-05-24 at 09:30.
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