International Reserves in Finland

Finland International Reserves | Economic News & Forecasts

Finland - International Reserves

Current account surplus widens in September

The current account surplus widened to EUR 0.5 billion in September from EUR 0.2 billion in August. Moreover, the current account surplus recorded in September contrasted the EUR 0.2 billion deficit recorded in the same month last year.

In the 12 months leading up to September, the current account balance totaled a deficit of EUR 1.1 billon, marking an improvement over the shortfall of EUR 1.8 billion in August.

The merchandise trade balance improved to a surplus of EUR 0.2 billion in September, up from EUR 0.0 billion reading in August. Moreover, the surplus recorded in September was up from the EUR 0.1 billion surplus recorded in the same month last year. Exports increased 3.1% in September compared to the same month a year earlier, contrasting the 5.3% decrease in August, while imports rose 0.3% in September, contrasting the 6.2% decrease in August.

FocusEconomics Consensus Forecast panelists expect the current account to record a deficit of 1.0% of GDP in 2020. In 2021, panelists expect a current account deficit of 0.9% of GDP.

Finland - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (EUR)8.2  8.8  9.2  9.9  8.8  

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Finland Facts

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

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