Finland’s current account deficit narrowed sharply to EUR 37 million in February 2019 from EUR 184 million in the same month a year earlier. The surplus of goods account soared to EUR 148 million from EUR 9 million a year ago and the surplus of primary income increased to EUR 194 million from EUR 154 million. At the same time, the deficit of secondary income narrowed to EUR 187 million from EUR 238 million in the previous year while the deficit of services account widened to EUR 191 million from EUR 109 million the prior year. Current Account in Finland averaged 103.84 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 -1815.90 EUR Million in April of 2005.

Current Account in Finland is expected to be -150.00 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
2019-01-15 07:00 AM Current Account €0.17B €-0.14B € -0.2B
2019-02-15 07:00 AM Current Account €-0.5B €0.1B € -0.3B
2019-03-15 07:00 AM Current Account €0.8B €-0.2B € -0.1B
2019-04-15 06:00 AM Current Account €-0.04B €0.5B € -0.07B
2019-05-15 06:00 AM Current Account €-0.04B € -0.42B
2019-06-14 06:00 AM Current Account
2019-07-15 06:00 AM Current Account


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -60.00 510.00 1750.00 -795.00 EUR Million [+]
Current Account -0.04 501.00 1987.10 -1815.90 EUR Million [+]
Current Account to GDP -1.90 -0.70 8.20 -5.40 percent [+]
Imports 5185.00 5300.00 6060.00 311.30 EUR Million [+]
Exports 5125.00 5810.00 6451.00 190.90 EUR Million [+]
External Debt 483352.00 439712.00 483352.00 203416.00 EUR Million [+]
Terms of Trade 98.20 98.70 145.60 93.20 Index Points [+]
Capital Flows -8592.00 3339.00 6233.00 -10387.00 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 58.00 66.00 137.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.04 501.00 1987.10 -1815.90 1975 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -1134.00 Feb/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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