Current account balance (credit less debit), Net (credits less) in Finland
Finland: Current account balance (credit less debit), Net (credits less) 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) 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% |
Finland compared with similar countries
- Finland's -1.99 billion is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Finland's -1.99 billion is below the median for Europe & Central Asia, which is -449.44 million, 4.4× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Finland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -831.0% | 961.05 million | -7.03 billion |
| 2020 | +445.8% | -413.86 million | 1.43 billion |
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
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 151.59 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 110.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 151.59 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (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.