Finland Current Account

Finland

Finland: Current account incurred a surplus

February 16, 2012

In December, the current account incurred a surplus of EUR 89.4 million, which was lower than the revised EUR 212 million surplus recorded in November (previously reported: EUR 302 million). The services and income accounts was broadly unchanged compared to the previous month. However the trade balance remained in negative territory for a third month in a row. The negative print was the result of exports recording a 3.5% year-on-year contraction in December, down from a flat reading in November, while imports improved from a 4.2% expansion in November to a 10.3% increase. Owing to the subdued reading, the moving 12-month current account balance dropped from a revised minus EUR 274 million in November (previously reported: EUR -184 million) to minus EUR 1,017 million in December.


Author:,

Sample Report

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

Download




Finland Economic News

  • Finland: Current account surplus narrows in September

    November 15, 2017

    The current account surplus was EUR 0.08 billion in September, considerably below the EUR 0.23 billion surplus recorded in August, but above the EUR 0.02 billion surplus recorded in September 2016.

    Read more

  • Finland: Economic growth quickens in September

    November 14, 2017

    In September, economic activity grew a working-day adjusted 3.8% over the previous year—up from August’s revised 3.7% rise (previously reported: +2.7% year-on-year)—according to the latest monthly Trend Indicator of Output released by Statistics Finland.

    Read more

  • Finland: Economic activity slows in August

    October 13, 2017

    In August, economic activity grew by a working-day adjusted 2.7% over the previous year—down from July’s revised 3.6% rise (previously reported: +3.1%)—according to the latest monthly Trend Indicator of Output released by Statistics Finland.

    Read more

  • Finland: Current account surplus steady in August

    October 13, 2017

    Finland’s current account surplus amounted to EUR 0.23 billion in August, almost unchanged from the revised EUR 0.25 billion surplus recorded in July (previously reported: EUR 0.16 billion). In the 12 months leading up to August, the current account deficit totaled EUR 0.52 billion, very close to July’s cumulative deficit of EUR 0.51 billion. However, the trade balance improved in August over the previous month, recording a EUR 238 million surplus compared to July’s EUR 75 million surplus.

    Read more

  • Finland: Current account swings to a surplus in July

    September 15, 2017

    Finland’s current account swung up to a EUR 0.16 billion surplus in July, an improvement from the EUR 0.42 billion deficit recorded in June.

    Read more

More news

Search form