Finnish current account surplus dropped sharply to EUR 403 million in November 2021 from EUR 851 million in the same month a year ago. The surplus of goods account decreased sharply to EUR 125 million from EUR 342 million in the prior year, while the services account shifted to a deficit of EUR 333 million from a surplus of EUR 258 million. Meanwhile, the surplus of primary income increased noticeably to EUR 835 million from EUR 550 million a year earlier, with the deficit of secondary income narrowing to EUR 224 million from EUR 299 million. source: Statistics Finland

Current Account in Finland averaged 101.61 EUR Million from 1975 until 2021, 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 January 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


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
403.00 -1974.00 2117.00 -4365.00 1975 - 2021 EUR Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-12-13 06:00 AM Oct €-1.95B €1.15B
2022-01-12 06:00 AM Nov €0.4B €-1.97B
2022-02-11 06:00 AM Dec


Related Last Previous Unit Reference
Balance of Trade -410.00 -585.00 EUR Million Nov/21
Current Account 403.00 -1974.00 EUR Million Nov/21
Imports 6925.00 6655.00 EUR Million Nov/21
Exports 6515.00 6070.00 EUR Million Nov/21
External Debt 608969.00 586503.00 EUR Million Sep/21
Terms of Trade 97.20 99.30 points Nov/21
Capital Flows -2252.00 -5217.00 EUR Million Nov/21
Foreign Direct Investment 73758.00 76394.00 EUR Million Dec/20
Tourist Arrivals 86388.00 117102.00 Persons Sep/21


News Stream
Finnish Current Account Surplus Narrows Sharply
Finnish current account surplus dropped sharply to EUR 403 million in November 2021 from EUR 851 million in the same month a year ago. The surplus of goods account decreased sharply to EUR 125 million from EUR 342 million in the prior year, while the services account shifted to a deficit of EUR 333 million from a surplus of EUR 258 million. Meanwhile, the surplus of primary income increased noticeably to EUR 835 million from EUR 550 million a year earlier, with the deficit of secondary income narrowing to EUR 224 million from EUR 299 million.
2022-01-12
Finnish Current Account Swings to Deficit
Finland posted a current account deficit of EUR 1,945 million in October 2021, reversing from a surplus of EUR 841 million in the same month a year earlier. This was the first gap in the current account since April, as the services account shifted to a deficit of EUR 323 million from a surplus of EUR 212 million a year ago. Also, the primary income registered a shortfall of EUR 1,498 million, compared with a surplus of EUR 448 million in the prior year. At the same time, the surplus of goods account decreased sharply to EUR 100 million from EUR 467 million while the deficit of secondary income narrowed to EUR 224 million from EUR 285 a year earlier.
2021-12-13
Finland Current Account Surplus Jumps Strongly
Finnish current account surplus soared sharply to EUR 1,146 million in September 2021 from EUR 104 million in the same month a year earlier. This was the fifth straight month of current account surplus and the largest figure since December 2020, as the surplus of goods account surged strongly to EUR 678 million from EUR 9 million and of primary income increased to EUR 842 million from EUR 659 million a year ago, and those of primary income increased to EUR 876 million from EUR 520 million. At the same time, the deficit of services account narrowed to EUR 216 million from EUR 265 million in the prior year. Meanwhile, the shortfall of secondary income widened to EUR 193 million from EUR 161 million.
2021-11-12