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 95th of 204 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% |
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
- 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)
- Gross capital formation (current US$), annual growth rate 4.06 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.219 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 12,299 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -0.3228 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1938 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 10,884 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -0.5158 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1674 constant 2015 US$ per US$ of GDP (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 95th out of 204 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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