Finnish current account surplus decreased to EUR 390 million in August 2021 from EUR 430 million in the same month a year earlier. The deficit of services account widened to EUR 244 million from EUR 176 million in the prior year and the shortfall of secondary income rose to EUR 207 million from EUR 164 million. At the same time, the goods account posted a small deficit of EUR 1 million, reversing from a surplus of EUR 111 million a year ago. Meanwhile, the surplus of primary income increased to EUR 842 million from EUR 659 million. source: Statistics Finland

Current Account in Finland averaged 101.71 EUR Million from 1975 until 2021, 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 October of 2021.

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 2022, according to our econometric models.

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Finland Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-09-10 05:00 AM Jul €0.6B €0.7B
2021-10-13 05:00 AM Aug €0.4B €0.6B
2021-11-12 06:00 AM Sep €0.4B


News Stream
Finnish Current Account Surplus Narrows Slightly
Finnish current account surplus decreased to EUR 390 million in August 2021 from EUR 430 million in the same month a year earlier. The deficit of services account widened to EUR 244 million from EUR 176 million in the prior year and the shortfall of secondary income rose to EUR 207 million from EUR 164 million. At the same time, the goods account posted a small deficit of EUR 1 million, reversing from a surplus of EUR 111 million a year ago. Meanwhile, the surplus of primary income increased to EUR 842 million from EUR 659 million.
2021-10-13
Finnish Current Account Surplus Jumps
Finnish current account surplus soared to UR 559 million in July 2021 from UR 125 million in the same month a year earlier. This was the third straight month of surplus in the current account, as the surplus of primary income widened to EUR 838 million from EUR 702 million a year ago. Also, the goods account posted a surplus of EUR 159 million, reversing from a gap of EUR 147 million. Meanwhile, the deficit of services account narrowed to UR 228 million from UR 272 million in the prior year. At the same time, the shortfall of secondary income widened to UR 209 million from EUR 157 million.
2021-09-10
Finnish Current Account Swings to Surplus
Finnish posted a current account surplus of EUR 692 million in June 2021, compared to a deficit of EUR 368 million in the same month a year earlier. This was the second straight month of surplus in current account, with the goods account surplus increasing to EUR 261 million from EUR 238 million in the prior year, while the deficit of services accounts slumping to EUR 190 million from EUR 250 million. At the same time, the surplus of primary income widened to EUR 858 million from EUR 104 million a year ago, while the gap of secondary income narrowed to EUR 236 million from EUR 252 million.
2021-08-12

Finland Last Unit Reference Previous Highest Lowest
Balance of Trade -590.00 EUR Million Aug/21 -408.00 1749.60 -795.40
Current Account 390.00 EUR Million Aug/21 561.00 2117.00 -4431.00
Imports 5700.00 EUR Million Aug/21 5949.00 6065.00 311.30
Exports 5100.00 EUR Million Aug/21 5537.00 6451.10 190.90
External Debt 586503.00 EUR Million Jun/21 587818.00 587818.00 203416.00
Terms of Trade 100.20 points Aug/21 99.20 145.60 93.20
Capital Flows 176.00 EUR Million Aug/21 -1235.00 7922.00 -10392.00
Foreign Direct Investment 76394.00 EUR Million Dec/19 62945.00 76643.00 5356.00
Tourist Arrivals 32249.00 Persons Jun/21 20917.00 423155.00 3596.00


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).