Finland's current account deficit decreased sharply to EUR 0.3 billion in April 2020 from EUR 4.56 billion in the same month the previous year. This was the smallest current account gap since November last year, as the primary income shortfall narrowed noticeably to EUR 0.4 billion from EUR 3.81 billion a year ago. At the same time, the goods account posted a surplus of EUR 0.3 billion from a deficit of EUR 0.3 billion,.The services account also registered a surplus of EUR 0.02 billion, compared to a gap of EUR 0.2 billion. Meanwhile, the deficit of secondary income widened to EUR 0.3 billion from EUR 0.2 billion.
Current Account in Finland averaged 96.74 EUR Million from 1975 until 2020, reaching an all time high of 2117 EUR Million in October of 2009 and a record low of -4560 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 July of 2020. source: Statistics Finland
Current Account in Finland is expected to be 120.00 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 450.00 in 12 months time. In the long-term, the Finland Current Account is projected to trend around 450.00 EUR Million in 2021, according to our econometric models.