Finland Current Account

Finland

Finland: Current account balance remains positive Jan.

March 15, 2012

In January, the current account recorded a surplus of EUR 172 billion. The reading came in above the EUR 125 million observed recorded in December and marked the third consecutive surplus in the current account balance. The improvement was entirely driven by a rebound in the trade balance, which swung from a EUR 308 million shortfall in December to a EUR 6 million surplus in January. Exports stepped up from a 2.4% year-on-year contraction in December to a 0.1% decrease, whereas imports moderated from an 11.8% expansion to a 4.1% increase. Meanwhile, the services and income as well as the current transfers balances stepped down compared to December. Despite the positive monthly reading, the moving 12-month sum continued to decline, falling from minus EUR 1.3 billion in December to minus EUR 1.5 billion in January.


Author:,

Sample Report

Looking for forecasts related to Current Account in Finland? Download a sample report now.

Download




Finland Economic News

  • Finland: Growth in economic activity slows in December

    February 14, 2018

    Economic activity grew a working-day adjusted 3.6% in December compared to the same month of the previous year, down from November’s revised 4.3% increase (previously reported: +3.5% year-on-year).

    Read more

  • Finland: Economic activity gathers pace in November despite slower services growth

    January 16, 2018

    In November, economic activity grew a working-day adjusted 3.5% compared to the same month of the previous year, up from October’s revised 3.2% increase (previously reported: +2.6% year-on-year).

    Read more

  • Finland: Current account surplus shrinks in November

    January 15, 2018

    According to Statistics Finland, which heavily revised its historical data this month, the current account showed a EUR 0.09 billion surplus in November last year, less than the revised EUR 0.18 billion surplus recorded in October (previously reported: EUR 0.54 billion). In the 12 months leading up to November, the current account surplus widened to EUR 1.4 billion, compared to October’s revised cumulative 12-month surplus of EUR 1.2 billion (previously reported: EUR 0.18 billion). The trade surplus narrowed in November against the previous month, recording net inflows worth EUR 181 million compared to October’s revised EUR 284 million surplus (previously reported: EUR 279 million surplus).

    Read more

  • Finland: Current account surplus bounces back in October

    December 15, 2017

    The current account surplus came in at EUR 0.54 billion in October, higher than both the EUR 0.08 billion surplus recorded in the previous month and the EUR 0.26 billion surplus totaled in the same month last year. In the 12 months leading up to October, the current account deficit narrowed to EUR 0.18 billion, compared to September’s cumulative 12-month deficit of EUR 0.46 billion. The trade surplus widened marginally in October over the previous month, recording net inflows worth EUR 279 million compared to September’s EUR 220 million surplus.

    Read more

  • Finland: Economic growth slows to 10-month low in October

    December 15, 2017

    In October, economic activity grew a working-day adjusted 2.6% over the previous year, down from September’s revised 3.4% increase (previously reported: +3.8% year-on-year).

    Read more

More news

Search form