Finland's current account deficit increased to EUR 1.2 billion in March 2020 from EUR 0.5 billion in the same month a year earlier. The secondary income shortfall widened to EUR 259 million from EUR 181 million a year ago, and the primary income deficit rose to EUR 694 million from EUR 305 million, while the services gap went up to EUR 403 million from EUR 291 million. In addition, the goods account surplus narrowed to EUR 179 million from EUR 277 million in the prior year.
Current Account in Finland averaged 97 EUR Million from 1975 until 2020, reaching an all time high of 2117 EUR Million in October of 2009 and a record low of -4560 EUR Million in April of 2019. This page provides the latest reported value for - Finland Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. 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 2021, according to our econometric models.