Finland posted a current account deficit of EUR 567 million in May of 2020, compared to a EUR 228 million surplus in the corresponding month of the previous year. The goods account recorded a EUR 63 million gap, switching from a EUR 16 million surplus in May of 2019, and the primary income recorded a EUR 389 million deficit, swinging from a EUR 451 million surplus. Also, the secondary income shortfall widened to EUR 181 million from EUR 160 million. On the other hand, the services account registered a EUR 66 million surplus, compared to EUR 79 million gap a year earlier.
Current Account in Finland averaged 95.11 EUR Million from 1975 until 2020, reaching an all time high of 2117 EUR Million in October of 2009 and a record low of -4515 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 August of 2020. source: Statistics Finland
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 -1000.00 in 12 months time. In the long-term, the Finland Current Account is projected to trend around 80.00 EUR Million in 2021 and 70.00 EUR Million in 2022, according to our econometric models.