The current account surplus in Finlandia increased to EUR 2.0 billion in December 2020 from EUR 1.5 billion in the same month a year earlier. This was the largest amount since a record high of EUR 2.1 billion recorded in October 2009, as the surplus of goods account rose to EUR 1.38 billion from EUR 1 billion a year earlier and that of services expanded to EUR 0.15 billion from EUR 0.01 billion. Also, the surplus of primary income went up slightly to EUR 0.7 billion from EUR 0.6 billion. Meanwhile, the deficit of secondary income widened to EUR 0.2 billion from EUR 0.14 billion in the prior year. source: Statistics Finland

Current Account in Finland averaged 102.91 EUR Million from 1975 until 2020, reaching an all time high of 2117 EUR Million in October of 2009 and a record low of -4431 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 February of 2021.

Current Account in Finland is expected to be -450.00 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 80.00 in 12 months time. In the long-term, the Finland Current Account is projected to trend around 70.00 EUR Million in 2022, according to our econometric models.

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Finland Current Account

Actual Previous Highest Lowest Dates Unit Frequency
2041.00 441.00 2117.00 -4431.00 1975 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 06:00 AM Sep €0.1B €0.06B €0.15B
2020-12-11 06:00 AM Oct €0.5B €0.1B €0.28B
2021-01-12 06:00 AM Nov €-0.1B €0.4B
2021-02-12 06:00 AM Dec €2B €0.44B
2021-03-12 06:00 AM Jan €2B
2021-04-14 05:00 AM Feb
2021-05-13 05:00 AM Mar
2021-06-11 05:00 AM Apr


News Stream
Finnish Current Account Surplus Largest Since 2009
Finland's current account surplus widened to EUR 2 billion in December of 2020 from EUR 1.47 billion in the corresponding month of the previous year. It was the sixth straight month of surplus in current account and the largest surplus since October 2009, as the surplus of goods account increased to EUR 1.38 billion from EUR 0.962 billion a year earlier, while the services account surplus widened to EUR 0.15 billion from EUR 0.01 billion a year earlier, and the primary income surplus rose to EUR 0.71 billion from EUR 0.64 billion. Meantime, the shortfall of secondary income increased to EUR 0.20 billion from EUR 0.14 billion in December 2019.
2021-02-12
Finland Current Account Swings to Deficit
Finland posted a current account deficit of EUR 90 million in November of 2020, shifting from a EUR 279 million surplus in the corresponding month of the previous year. It was the first deficit in current account since June, as the services account gap widened to EUR 348 million from EUR 227 million a year earlier, while the shortfall of secondary income increased to EUR 173 million from EUR 127 million and the primary income surplus declined to EUR 107 million from EUR 317 million. Meantime, the surplus of goods account increased to EUR 323 million from EUR 316 million a year earlier.
2021-01-12
Finnish Current Account Surplus Largest in 10 Months
Finland's current account surplus widened to EUR 535 million in October of 2020 from EUR 510 million in the corresponding month of the previous year. It was the third straight month of surplus in current account and the largest since December last year, as the surplus of goods account increased to EUR 418 million from EUR 372 million a year earlier, and that of primary income rose to EUR 580 million from EUR 544 million. Meanwhile, the services account gap widened to EUR 287 million from EUR 261 million a year earlier, while the shortfall of secondary income increased to EUR 176 million from EUR 145 million.
2020-12-11
Finnish Current Account Surplus Plunges in September
Finland's current account surplus narrowed sharply to EUR 105 million in September of 2020 from EUR 441 million in the corresponding month of the previous year. The services account shifted to a gap of EUR 267 million from a surplus of EUR 68 million the prior year, while the shortfall of secondary income widened to EUR 210 million from EUR 176 million. At the same time, the surplus of goods account increased to EUR 78 million from EUR 57 million a year earlier, and that of primary income rose to EUR 505 million from EUR 491 million.
2020-11-13

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).