The current account surplus in Finland plunged to EUR 395 million in September 2022 from EUR 1,045 in the same month the prior year. The surplus of goods account dropped sharply to EUR 421 million from EUR 762 million a year ago, and that of primary income was down to EUR 528 million from EUR 744 million. Meantime, the shortfall of services account widened to EUR 472 million from EUR 280 million, while the gap of secondary income narrowed to EUR 81 million from EUR 181 million. source: Statistics Finland

Current Account in Finland averaged 84.46 EUR Million from 1975 until 2022, reaching an all time high of 2117.00 EUR Million in October of 2009 and a record low of -4365.00 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 November of 2022.

Current Account in Finland is expected to be 70.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Current Account is projected to trend around 70.00 EUR Million in 2023, according to our econometric models.

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Finland Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-10-12 05:00 AM Aug €-0.2B €-0.3B €0.2B
2022-11-11 06:00 AM Sep €0.4B €-0.5B €0.6B
2022-12-09 06:00 AM Oct €0.4B


Related Last Previous Unit Reference
Balance of Trade -330.00 -1290.00 EUR Million Sep 2022
Current Account 395.00 -510.00 EUR Million Sep 2022
Exports 7150.00 6695.00 EUR Million Sep 2022
Imports 7480.00 7985.00 EUR Million Sep 2022
External Debt 603375.00 588467.00 EUR Million Jun 2022
Terms of Trade 100.90 96.30 points Oct 2022
Capital Flows -4823.00 -1656.00 EUR Million Sep 2022
Foreign Direct Investment 76189.00 73725.00 EUR Million Dec 2021
Tourist Arrivals 270779.00 267304.00 Aug 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
395.00 -510.00 2117.00 -4365.00 1975 - 2022 EUR Million Monthly

News Stream
Finnish Current Account Surplus Narrows Sharply
The current account surplus in Finland plunged to EUR 395 million in September 2022 from EUR 1,045 in the same month the prior year. The surplus of goods account dropped sharply to EUR 421 million from EUR 762 million a year ago, and that of primary income was down to EUR 528 million from EUR 744 million. Meantime, the shortfall of services account widened to EUR 472 million from EUR 280 million, while the gap of secondary income narrowed to EUR 81 million from EUR 181 million.
2022-11-11
Finnish Current Account Balance Swings to Deficit
The current account in Finland shifted to a deficit of EUR 183 million in August 2022 from a surplus of EUR 358 million in the same month a year earlier. The goods account registered a shortfall of EUR 117 million, compared to a small surplus of EUR 9 million the year before. At the same time, the primary income surplus fell to EUR 558 million from EUR 764 million, while the services account gap jumped to EUR 531 million from EUR 228 million. On the other hand, the secondary income gap narrowed to EUR 93 million from EUR 187 million in the previous year.
2022-10-12
Finnish Current Account Swings to Deficit
The current account in Finland shifted to a deficit of EUR 296 million in July 2022 from a surplus of EUR 534 million in the same month a year earlier. The goods account registered a shortfall of EUR 99 million, reversing from a surplus of EUR 163 million the year before. At the same time, the surplus of primary income fell to EUR 656 million from EUR 813 million, while the services account gap jumped to EUR 744 million from EUR 253 million. On the other hand, the gap in secondary income narrowed to EUR 109 million from EUR 188 million in the previous year.
2022-09-12