Finland’s current account deficit surged to EUR 4.24 billion in April 2019 from EUR 0.83 billion in the corresponding month a year earlier. This was the largest current account gap on record, as the primary income deficit soared to EUR 3.70 billion from EUR 0.94 billion a year ago. Also, the goods account posted a shortfall of EUR 0.19 billion, swinging from a surplus of EUR 0.57 billion the preceding year. Meantime, the deficit of secondary income narrowed to EUR 0.11 billion from EUR 0.20 billion while the gap of.services account was little-changed at EUR 0.25 billion. Current Account in Finland averaged 97.91 EUR Million from 1975 until 2019, reaching an all time high of 1987.10 EUR Million in December of 2004 and a record low of -4244 EUR Million in April of 2019.

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 120.00 in 12 months time. In the long-term, the Finland Current Account is projected to trend around 450.00 EUR Million in 2020, according to our econometric models.

Finland Current Account
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-15 07:00 AM Current Account €0.8B €-0.2B € -0.1B
2019-04-15 06:00 AM Current Account €-0.04B €0.5B € -0.07B
2019-05-15 05:00 AM Current Account €-0.5B €-0.15B € -0.42B
2019-06-14 05:00 AM Current Account €-4.2B €-0.2B € -0.85B
2019-07-15 05:00 AM Current Account €-4.2B
2019-08-15 05:00 AM Current Account € -0.15B
2019-09-13 05:00 AM Current Account


Finland Trade Last Previous Highest Lowest Unit
Balance of Trade -305.00 -134.00 1750.00 -795.00 EUR Million [+]
Current Account -4244.00 -238.00 1987.10 -4244.00 EUR Million [+]
Current Account to GDP -1.90 -0.70 8.20 -5.40 percent [+]
Imports 5725.00 5578.00 6060.00 311.30 EUR Million [+]
Exports 5420.00 5444.00 6451.00 190.90 EUR Million [+]
External Debt 539953.00 483352.00 539953.00 203416.00 EUR Million [+]
Terms of Trade 97.50 98.20 145.60 93.20 Index Points [+]
Capital Flows 2680.00 4700.00 6233.00 -10387.00 EUR Million [+]
Foreign Direct Investment 73466.00 76430.00 76430.00 5356.00 EUR Million [+]
Gold Reserves 49.10 49.10 49.14 49.05 Tonnes [+]
Terrorism Index 2.50 2.34 2.50 0.00 [+]
Weapons Sales 68.00 58.00 137.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4244.00 -238.00 1987.10 -4244.00 1975 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 17215.95 Mar/19
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -130400.00 Mar/19


Related

Latest