Investment Survey, October 2018
Investments in industry expected to decrease
Statistical news from Statistics Sweden 2018-11-30 9.30
In the October survey, the forecast for investments by industrial enterprises in 2018 amounted to SEK 71.1 billion (in current prices), which is a decrease of 2 percent. In 2019, investments in the industrial sector will continue to decrease, according to the industrial enterprises; the 2019 forecast amounts to SEK 59.9 billion.
The industrial enterprises’ collected October investment forecast for 2018 is SEK 1 billion lower than in May. The manufacturing industry’s (C) forecast for 2018 is a downward revision of SEK 1.1 billion compared with the May forecast. The mining industry (B) revised its forecast for 2018 upwards by SEK 66 million. The decrease in volume is expected to be 3 percent.
Energy sector to increase investments
Investments by the energy sector in 2018 are expected to increase by 11 percent, which corresponds to SEK 42.9 billion in investments and a volume change of 8 percent. Investments in this sector are not expected to decrease in 2019; the forecast for investments in 2019 is SEK 49.4 billion.
Real estate industry expected to increase investments in 2018
According to property management (SNI 68 excl. 68.204), investments in buildings are expected to increase by 6 percent in 2018, which corresponds to SEK 121.5 billion in investments. The volume change in 2018 is expected to be 4 percent. In 2019, investments are expected to continue to increase and amount to SEK 137 billion, which is an increase of 13 percent compared with 2018.
| Investments in SEK billions in current prices 2017, outcome | Investments in SEK billions in current prices 2018, forecast according to the February survey 2018 | Investments in SEK billions in current prices 2018, forecast according to the May survey 2018 | Investments in SEK billions in current prices 2018, forecast according to the October survey 2018 | Volume change between 2017 and forecast 2018 according to the October survey 2018 | Investments in SEK billions in current prices 2019, forecast according to the October survey 2018 | |
|---|---|---|---|---|---|---|
| Industry (B+C) | 72.3 | 70 | 72.1 | 71.1 | ‑3 | 59.9 |
| Energy | 38.5 | 44.9 | 44.8 | 42.9 | 8 | 49.4 |
| Construction | 9 | 6.8 | 7.8 | 9.1 | ‑2 | 7.6 |
| Trade in goods | 17.3 | 14.4 | 13.5 | 16.5 | ‑7 | 15.3 |
| Transportation and storage | 24.6 | 25 | 23.8 | 22.7 | ‑10 | 27.3 |
| Information and communication | 16 | 12.5 | 15.6 | 22 | 33 | 17.2 |
| Banks and insurance companies | 3.8 | 3 | 3.2 | 3.2 | ‑15 | 2.8 |
| Property management | 114.3 | * | 115.5 | 121.5 | 4 | 137.2 |
| Business services | 14.6 | 13.7 | 12.5 | 14.2 | ‑4 | 12.7 |
Outcome 2002–2017, plans 2018–2019. SEK billions, 2008 prices
* Property management is not included in the February survey.
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 2019-03-01 at 09:30.
Statistical Database
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