Services balance (credit less debit), Net (credits less debits) in Finland
Finland: Services balance (credit less debit), Net (credits less debits) 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) 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% |
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
- 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 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.