International Reserves in Finland
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 |
Finland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.35 | 3.70 % | Sep 04 |
| Exchange Rate | 9.03 | -0.38 % | Sep 04 |
| Stock Market | 3,879 | 0.0 % | Sep 04 |
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Economic News
Finland: Current account surplus widens in September
November 15, 2019
The current account surplus widened to EUR 0.5 billion in September from EUR 0.2 billion in August.
Finland: Economic activity growth holds up in August
October 15, 2019
Economic activity grew a working-day adjusted 2.5% in August compared to the same month a year earlier, matching July’s revised reading (previously reported: +1.7% year-on-year).
Finland: Current account surplus narrows slightly in August
October 15, 2019
The current account surplus reduced to EUR 0.2 billion in August from EUR 0.3 billion in July. In the 12 months leading up to August, the current account balance totaled a deficit of EUR 1.9 billion, marking an improvement over the shortfall of EUR 2.5 billion in July.
Finland: Inflation eases in September
October 14, 2019
Month-on-month consumer price growth was flat in September, down from 0.4% in August.
Finland: Economic activity growth moderates in July after surging in June
September 13, 2019
Economic activity grew a working-day adjusted 1.7% in July compared to the same month a year earlier, down from June’s revised 2.5% increase.
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