Services balance (credit less debit), Net (credits less debits) (US) in Finland
Finland: Services balance (credit less debit), Net (credits less debits) (US) was -5.43 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Finland, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Finland stood at -5.43 billion.
The figure is up 38.1% on the previous year and down 16.8% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Finland peaked at -849.62 million in 2017 and was at its lowest, -9.33 billion, in 2007.
Finland ranks 168th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -5.08 billion | — |
| 2006 | -7.44 billion | +46.6% |
| 2007 | -9.33 billion | +25.4% |
| 2008 | -8.73 billion | -6.5% |
| 2009 | -8.13 billion | -6.9% |
| 2010 | -6.45 billion | -20.6% |
| 2011 | -5.38 billion | -16.6% |
| 2012 | -7.14 billion | +32.7% |
| 2013 | -5.78 billion | -19.0% |
| 2014 | -4.65 billion | -19.6% |
| 2015 | -3.04 billion | -34.6% |
| 2016 | -2.55 billion | -16.3% |
| 2017 | -849.62 million | -66.7% |
| 2018 | -2.83 billion | +232.5% |
| 2019 | -1.01 billion | -64.3% |
| 2020 | -2.59 billion | +157.1% |
| 2021 | -2.48 billion | -4.5% |
| 2022 | -5.34 billion | +115.6% |
| 2023 | -8.78 billion | +64.5% |
| 2024 | -5.43 billion | -38.1% |
Finland compared with similar countries
- Finland's -5.43 billion is below the median for high income countries, which is 910.63 million. (72 countries reporting)
- Finland's -5.43 billion is below the median for Europe & Central Asia, which is 2.79 billion. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.74 billion | -9.33 billion | -5.08 billion | 5 |
| 2010s | -3.97 billion | -7.14 billion | -849.62 million | 10 |
| 2020s | -4.92 billion | -8.78 billion | -2.48 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 services balance (credit less debit), net (credits less debits) in Finland?
- Services balance (credit less debit), net (credits less debits) in Finland was -5.43 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Finland?
- The highest recorded value was -849.62 million in 2017.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Finland?
- The lowest recorded value was -9.33 billion in 2007.
- How does Finland rank for services balance (credit less debit), net (credits less debits)?
- Finland ranks 168th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Finland?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from International Monetary Fund, published as part of Services 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.