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. Current Account in Finland averaged 100.78 EUR Million from 1975 until 2019, reaching an all time high of 1987.10 EUR Million in December of 2004 and a record low of -3931 EUR Million in April of 2019.

Current Account in Finland is expected to be 50.00 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 120.00 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.

Finland Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 05:00 AM Current Account Mar €-0.5B €-0.15B € -0.42B
2019-06-14 05:00 AM Current Account Apr €-4.2B €-0.2B € -0.85B
2019-07-15 05:00 AM Current Account May €0.3B €-4.2B €-2.7B
2019-08-15 05:00 AM Current Account Jun €0.8B €0.6B € -0.15B
2019-09-13 05:00 AM Current Account Jul €0.8B
2019-10-15 05:00 AM Current Account Aug
2019-11-15 06:00 AM Current Account Sep € 0.05B


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade 195.00 25.00 1750.00 -795.00 EUR Million [+]
Current Account 791.00 626.00 1987.10 -3931.00 EUR Million [+]
Current Account to GDP -1.90 -0.70 8.20 -5.40 percent [+]
Imports 5050.00 5750.00 6060.00 311.30 EUR Million [+]
Exports 5245.00 5768.00 6451.00 190.90 EUR Million [+]
External Debt 539953.00 483352.00 539953.00 203416.00 EUR Million [+]
Terms of Trade 98.50 98.00 145.60 93.20 Index Points [+]
Capital Flows 8275.00 10140.00 14758.00 -23023.00 EUR Million [+]
Foreign Direct Investment 73466.00 76430.00 76430.00 5356.00 EUR Million [+]
Gold Reserves 49.10 49.10 49.14 49.05 Tonnes [+]
Terrorism Index 2.50 2.34 2.50 0.00 [+]
Weapons Sales 68.00 58.00 137.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
791.00 626.00 1987.10 -3931.00 1975 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20646.19 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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