Current account balance (credit less debit), Net (credits less debits) in Finland
Finland: Current account balance (credit less debit), Net (credits less debits) was -1.99 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Finland, 2005–2024
Source: International Monetary Fund.
Analysis
Finland recorded -1.99 billion for current account balance (credit less debit), net (credits less debits) in 2024.
The figure is up 27.3% on the previous year and up 48.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Finland peaked at 10.46 billion in 2007 and was at its lowest, -7.03 billion, in 2022.
Finland ranks 151st of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.78 billion | — |
| 2006 | 8.56 billion | +10.0% |
| 2007 | 10.46 billion | +22.2% |
| 2008 | 7.05 billion | -32.6% |
| 2009 | 5.32 billion | -24.5% |
| 2010 | 3.47 billion | -34.7% |
| 2011 | -4.29 billion | -223.5% |
| 2012 | -5.80 billion | +35.2% |
| 2013 | -5.07 billion | -12.6% |
| 2014 | -3.84 billion | -24.3% |
| 2015 | -2.13 billion | -44.5% |
| 2016 | -4.73 billion | +122.4% |
| 2017 | -1.56 billion | -67.1% |
| 2018 | -4.49 billion | +188.0% |
| 2019 | -413.86 million | -90.8% |
| 2020 | 1.43 billion | -445.8% |
| 2021 | 961.05 million | -32.8% |
| 2022 | -7.03 billion | -831.0% |
| 2023 | -2.73 billion | -61.1% |
| 2024 | -1.99 billion | -27.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.83 billion | 5.32 billion | 10.46 billion | 5 |
| 2010s | -2.88 billion | -5.80 billion | 3.47 billion | 10 |
| 2020s | -1.87 billion | -7.03 billion | 1.43 billion | 5 |
Countries ranked near Finland
More financial sector data for Finland
- Net domestic credit (current LCU), per capita 64,847 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.22 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -1.46 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 49.24 million SDR (2025)
- Gold reserves at market value 4.49 billion SDR (2025)
- Reserves excluding gold, foreign exchange 7.56 billion SDR (2025)
- Reserves excluding gold 11.91 billion SDR (2025)
- Total reserves (gold at market value) 16.40 billion SDR (2025)
- Total reserves (gold at national valuation) 16.34 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,894 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Finland?
- Current account balance (credit less debit), net (credits less debits) in Finland was -1.99 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Finland?
- The highest recorded value was 10.46 billion in 2007.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Finland?
- The lowest recorded value was -7.03 billion in 2022.
- How does Finland rank for current account balance (credit less debit), net (credits less debits)?
- Finland ranks 151st out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Finland?
- Over the last ten years it is up 48.2%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.