Finland‘s current account surplus widened to EUR 227 million in November 2019 from EUR 130 million in the same month a year earlier, as the goods surplus rose to EUR 136 million from EUR 102 million, while the services deficit declined to EUR 265 million from EUR 318 million and the secondary income gap narrowed to EUR 131 million from EUR 190 million. Meantime, the primary income surplus fell to EUR 487 million from EUR 535 million a year ago. Current Account in Finland averaged 103.64 EUR Million from 1975 until 2019, reaching an all time high of 2117 EUR Million in October of 2009 and a record low of -4778 EUR Million in April of 2019. source: Statistics Finland

Current Account in Finland is expected to be 120.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Finland to stand at 450.00 in 12 months time. In the long-term, the Finland Current Account is projected to trend around 450.00 EUR Million in 2020, according to our econometric models.

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Finland Current Account

Actual Previous Highest Lowest Dates Unit Frequency
227.00 966.00 2117.00 -4778.00 1975 - 2019 EUR Million Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-15 05:00 AM Aug €0.2B €0.3B €-0.25B
2019-11-15 06:00 AM Sep €0.54B €0.25B € 0.05B
2019-12-13 06:00 AM Oct €0.5B €0.3B €0.62B
2020-01-13 06:00 AM Nov €0.2B €1.0B €0.21B
2020-02-13 06:00 AM Dec €0.2B € 0.12B


News Stream
2019-12-13
Finnish Current Account Surplus Narrows in October
Finland ‘s current account surplus declined to EUR 520 million in October of 2019 from a of EUR 723 million in the same month a year earlier. The primary income surplus fell (EUR 610 million from of EUR 979 million a year earlier) and the goods surplus rose (EUR 276 million from EUR 58 million), while the services deficit widened to EUR 214 million from EUR 105 million in the previous year. At the same time, the gap of secondary income narrowed to EUR 153 million from EUR 209 million.

2019-11-15
Finnish Current Account Swings to Surplus
Finland posted a current account surplus of EUR 541 million in September of 2019, shifting from a deficit of EUR 174 million in the same month a year earlier. There was a noticeable surplus in both goods (EUR 195 million from EUR 52 million a year earlier) and services account (EUR 363 million from EUR 286 million). In addition, the primary income registered a surplus of EUR 104 million, reversing from a deficit of EUR 319 million the previous year. At the same time, the gap of secondary income narrowed to EUR 122 million from EUR 193 million.

2019-10-15
Finnish Current Account Swings to Surplus in August
Finland posted a current account surplus of EUR 184 million in August 2019, shifting from a deficit of EUR 396 million in the same month a year earlier. The surplus of primary income widened sharply to EUR 674 million from EUR 210 million the prior year, while the gap narrowed for goods account (EUR 81 million from EUR 96 million a year ago), services account (EUR 284 million from EUR 325 million) and secondary income (EUR 125 million from EUR 184 million).

2019-09-20
Finnish Current Account Surplus Widens in July
Finland’s current account surplus increased to EUR 97 million in July 2019 from EUR 46 million in the same month a year earlier. The primary income surplus widened to EUR 817 million from EUR 793 million in July 2018 while the secondary income gap fell to EUR 90 million from EUR 175 million and the services deficit narrowed to EUR 311 million from EUR 415 million. Meantime, the goods deficit rose to EUR 318 million from EUR 158 million.

2019-08-15
Finnish Currents Account Swings to Surplus in June
Finland’s current account shifted to a surplus of EUR 0.79 billion in June 2019 from a deficit of EUR 1.1 billion in the corresponding month a year earlier. This marked the second straight month of surplus in current account, as the primary income account reversed to a surplus of EUR 0.78 billion from a gap of EUR 0.74 billion a year earlier, while the surplus of goods account rose to EUR 0.35 billion from 0.14 billion. In addition, the deficit of services account (0.23 billion from 0.31 billion) and that of secondary income (EUR 0.11 billion from EUR 0.18 billion) narrowed.

2019-07-15
Finland Current Account Swings to Surplus
Finland’s current account shifted to a surplus of EUR 0.32 billion in May 2019 from a deficit of EUR 1.0 billion in the corresponding month a year earlier. This marked the first current account surplus in three months, with the primary income account swinging to a surplus of EUR 0.49 billion from a gap of EUR 0.58 billion a year earlier. Also, the surplus of goods account increased to EUR 0.19 billion from 0.14 billion while the deficit of services (0.25 billion from 0.36 billion) and that of secondary income account (EUR 0.11 billion from EUR 0.19 billion) narrowed.


Finland Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -115.00 -20.00 1749.00 -796.00 EUR Million [+]
Current Account 227.00 966.00 2117.00 -4778.00 EUR Million [+]
Current Account to GDP -1.90 -0.70 8.20 -5.40 percent [+]
Imports 5190.00 5725.00 6054.00 311.30 EUR Million [+]
Exports 5075.00 5705.00 6451.00 190.90 EUR Million [+]
External Debt 579944.00 552639.00 579944.00 203416.00 EUR Million [+]
Terms of Trade 98.20 99.10 145.60 93.20 points [+]
Capital Flows -26.00 2357.00 7922.00 -10347.00 EUR Million [+]
Foreign Direct Investment 62448.00 75031.00 76643.00 5356.00 EUR Million [+]
Gold Reserves 49.14 49.14 49.14 49.05 Tonnes [+]
Terrorism Index 2.03 2.50 2.50 0.00 [+]
Tourist Arrivals 207777.00 208831.00 423155.00 72455.00 Units [+]
Weapons Sales 68.00 58.00 137.00 1.00 USD Million [+]