In July, the current account balance posted a EUR 149 million surplus. The figure, which marked the second consecutive monthly surplus, was higher than the revised EUR 116 million surplus seen in June (previously reported: EUR 260 million) but came in below the EUR 176 million surplus recorded in the same month last year. The trade balance recorded a surplus of EUR 234 million, which contrasted the EUR 27 million deficit seen in July last year. Exports swung from a 3.8% year-on-year contraction in June to a 2.6% expansion in July, while imports remained virtually unchanged, falling 3.3% (June: -3.2% yoy). The 12-month moving sum of the current account balance inched down to minus EUR 3.8 billion (around 1.9% of GDP).
Finland Current Account
Current account balance remains positive July
September 14, 2012
Looking for forecasts related to Current Account in Finland? Download a sample report now.
Finland Current Account Chart
Note: Monthly and 12-month current account balance in EUR billion.
Source: Bank of Finland (BoF).
Finland Economic News
October 14, 2016
The current account posted a EUR 166 million deficit in August, according to Statistics Finland.
October 14, 2016
In August, economic activity fell a working-day adjusted 0.1% over the same month last year, according to the Monthly Trend Indicator of Output.
September 15, 2016
In July, economic activity expanded a working-day adjusted 1.5% over the same month last year, according to the Monthly Trend Indicator of Output.
September 6, 2016
The Finnish economy recorded flat growth in Q2 over the previous quarter in seasonally-adjusted terms, which represented a slowdown from Q1’s 0.3% expansion, according to preliminary data released by Statistics Finland on 6 September.
August 15, 2016
The current account posted a EUR 219 million deficit in June according to Statistics Finland.