The current account in Finland shifted to a deficit of EUR 101 million in June 2022 from a surplus of EUR 628 million in the same month a year earlier, as the gap in the services account jumped to EUR 769 million from EUR 255 million in the previous year. At the same time, the surplus of goods account narrowed to EUR 113 million from EUR 206 million a year ago while that of primary income fell to EUR 737 million from EUR 881 million. Meanwhile, the gap in secondary income narrowed to EUR 181 million from EUR 205 million. source: Statistics Finland

Current Account in Finland averaged 92.82 EUR Million from 1975 until 2022, reaching an all time high of 2117 EUR Million in October of 2009 and a record low of -4365 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 2022.

Current Account in Finland is expected to be 80.00 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
2022-07-12 05:00 AM May €-1.6B €-2.3B €-2.5B
2022-08-12 05:00 AM Jun €-0.1B €-1.8B €-1.9B
2022-09-09 05:00 AM Jul €-0.1B


Related Last Previous Unit Reference
Balance of Trade -600.00 -1203.00 EUR Million Jun 2022
Current Account -101.00 -1559.00 EUR Million Jun 2022
Exports 7200.00 6939.00 EUR Million Jun 2022
Imports 7800.00 8141.00 EUR Million Jun 2022
External Debt 588467.00 515670.00 EUR Million Mar 2022
Terms of Trade 100.40 99.70 points Jun 2022
Capital Flows 4972.00 -3941.00 EUR Million May 2022
Foreign Direct Investment 73758.00 76394.00 EUR Million Dec 2020
Tourist Arrivals 104190.00 205926.00 Jan 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
-101.00 -1559.00 2117.00 -4365.00 1975 - 2022 EUR Million Monthly

News Stream
Finnish Current Account Swings to Deficit
The current account in Finland shifted to a deficit of EUR 101 million in June 2022 from a surplus of EUR 628 million in the same month a year earlier, as the gap in the services account jumped to EUR 769 million from EUR 255 million in the previous year. At the same time, the surplus of goods account narrowed to EUR 113 million from EUR 206 million a year ago while that of primary income fell to EUR 737 million from EUR 881 million. Meanwhile, the gap in secondary income narrowed to EUR 181 million from EUR 205 million.
2022-08-12
Finnish Current Account Swings to Deficit in May
Current account in Finland shifted to a deficit of EUR 1.56 billion in May 2022 from a surplus of EUR 210 million in the same month a year earlier, as the goods account turned to a gap of EUR 202 million from a surplus of EUR 446 million a year ago. Also the primary income posted a shortfall of EUR 611 million, reversing from a gap of EUR 234 surplus in the prior year. At the same time, the deficit of services account widened sharply to EUR 549 million from EUR 251 million in the previous year. Meanwhile, the gap of secondary income narrowed to EUR 198 million from EUR 229 million.
2022-07-12
Finnish Current Account Deficit Largest in 3 Years
Current account deficit in Finland surged to EUR 2,286 million in April 2022 from EUR 614 million in the same month a year ago, pointing to the fourth straight month of gap and representing the largest figure since April 2019. The deficit of primary income climbed sharply to EUR 1,519 million from EUR 249 million a year earlier while that of services account widened to EUR 389 million from EUR 273 million a year. At the same time, the goods account turned to a gap of EUR 183 million from a surplus of EUR 141 million in the year before. Meanwhile, the shortfall of secondary income narrowed to EUR 196 million from EUR 232 million.
2022-06-10