Current account balance as a proportion of GDP (%) in Finland
Finland: Current account balance as a proportion of GDP (%) was -0.7% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Finland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Finland recorded -0.7% for current account balance as a proportion of gdp in 2024.
That represents a change of up 28.2% on the previous year and up 52.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Finland peaked at 9.3% in 2001 and was at its lowest, -2.5%, in 2022.
Finland ranks 96th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Finland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.4% | — |
| 2001 | 9.3% | +11.6% |
| 2002 | 8.6% | -7.6% |
| 2003 | 5.0% | -42.2% |
| 2004 | 6.4% | +27.8% |
| 2005 | 3.8% | -40.3% |
| 2006 | 3.9% | +3.8% |
| 2007 | 4.1% | +3.5% |
| 2008 | 2.5% | -39.5% |
| 2009 | 2.1% | -14.9% |
| 2010 | 1.4% | -33.7% |
| 2011 | -1.6% | -212.0% |
| 2012 | -2.3% | +44.5% |
| 2013 | -1.9% | -16.8% |
| 2014 | -1.4% | -25.2% |
| 2015 | -0.9% | -35.0% |
| 2016 | -2.0% | +117.2% |
| 2017 | -0.6% | -69.0% |
| 2018 | -1.6% | +166.9% |
| 2019 | -0.2% | -90.5% |
| 2020 | 0.5% | -441.9% |
| 2021 | 0.3% | -38.4% |
| 2022 | -2.5% | -867.5% |
| 2023 | -0.9% | -63.0% |
| 2024 | -0.7% | -28.2% |
Finland compared with similar countries
- Finland's -0.7% is below the median for high income countries, which is 1.6%. (69 countries reporting)
- Finland's -0.7% is above the median for Europe & Central Asia, which is -0.7%, 94% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 | -867.5% | 0.3% | -2.5% |
| 2020 | +441.9% | -0.2% | 0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 2.1% | 9.3% | 10 |
| 2010s | -1.1% | -2.3% | 1.4% | 10 |
| 2020s | -0.6% | -2.5% | 0.5% | 5 |
Countries ranked near Finland
More economy & growth data for Finland
- Real gdp growth, annual growth rate 129.09 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.08 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 856.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.84 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 625.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Finland?
- Current account balance as a proportion of gdp in Finland was -0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Finland?
- The highest recorded value was 9.3% in 2001.
- What is the lowest current account balance as a proportion of gdp recorded in Finland?
- The lowest recorded value was -2.5% in 2022.
- How does Finland rank for current account balance as a proportion of gdp?
- Finland ranks 96th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Finland?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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