Current Account in Finland

Finland Current Account | Economic News & Forecasts

Finland - Current Account

Current account surplus widens in June

The current account balance improved to a EUR 0.8 billion surplus in June from the revised EUR 0.6 billion surplus in May (previously reported: surplus of EUR 0.3 billion).

In the 12 months leading up to June, the current account balance totaled a EUR 1.5 billion deficit, marking an improvement over the EUR 3.4 billion deficit in May.

The trade balance improved to a EUR 0.4 billion surplus in June from the EUR 0.1 billion surplus in May. Exports fell 3.8% in June, contrasting growth of 4.6% in May, but imports fell by a faster 7.7% pace in June, contrasting growth of 4.7% in May, thus leading to a wider trade balance.

FocusEconomics Consensus Forecast panelists expect the current account to record a deficit of 1.0% of GDP in 2019. In 2020, panelists expect a current account deficit of 0.8% of GDP.

Finland - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-1.9  -1.5  -0.7  -0.7  -0.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Finland Current Account Chart


Finland Current Account
Note: Current account balance as % of GDP.
Source: Bank of Finland.

Finland Facts

ValueChangeDate
Bond Yield-0.353.70 %Sep 04
Exchange Rate9.03-0.38 %Sep 04
Stock Market3,8790.0 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

  • Finland: Growth holds steady in Q2; government proposes higher spending in 2020

    August 30, 2019

    A second GDP release revealed the economy grew a revised 0.5% in Q2 2019 in seasonally-adjusted quarter-on-quarter terms (previously reported: +0.9% quarter-on-quarter), which was unchanged from Q1’s revised figure of 0.5% (previously reported: +0.6% quarter-on-quarter).

    Read more

  • Finland: Current account surplus widens in June

    August 15, 2019

    The current account balance improved to a EUR 0.8 billion surplus in June from the revised EUR 0.6 billion surplus in May (previously reported: surplus of EUR 0.3 billion). In the 12 months leading up to June, the current account balance totaled a EUR 1.5 billion deficit, marking an improvement over the EUR 3.4 billion deficit in May. The trade balance improved to a EUR 0.4 billion surplus in June from the EUR 0.1 billion surplus in May.

    Read more

  • Finland: Economic activity growth surges in June

    August 14, 2019

    Economic activity grew a working-day adjusted 2.2% in June compared to the same month a year earlier, up from May’s 0.8% increase.

    Read more

  • Finland: Inflation slows in July

    August 14, 2019

    Consumer prices fell 0.3% in July compared to the previous month, contrasting the 0.1% increase in June.

    Read more

  • Finland: Economic growth slows in May

    July 16, 2019

    Economic activity grew a working-day adjusted 0.8% in May compared to the same month a year earlier, down from April’s substantially revised 1.8% growth reading (previously reported: +2.8% year-on-year).

    Read more

Search form