Current account balance as a share of GDP in Finland
Finland: Current account balance as a share of GDP was -0.7% in 2024. ◆ Volatile
Current account balance as a share of GDP in Finland, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Finland recorded -0.7% for current account balance as a share of gdp in 2024.
That represents a change of up 28.0% on the previous year and up 52.1% over ten years.
Over the whole period, current account balance as a share of gdp in Finland peaked at 9.3% in 2001 and was at its lowest, -2.5%, in 2022.
Finland ranks 91st of 193 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 share of GDP in Finland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.4% | — |
| 2001 | 9.3% | +11.6% |
| 2002 | 8.6% | -7.7% |
| 2003 | 5.0% | -42.2% |
| 2004 | 6.4% | +27.7% |
| 2005 | 3.8% | -40.3% |
| 2006 | 3.9% | +3.7% |
| 2007 | 4.1% | +3.6% |
| 2008 | 2.5% | -39.5% |
| 2009 | 2.1% | -15.0% |
| 2010 | 1.4% | -33.8% |
| 2011 | -1.6% | -212.2% |
| 2012 | -2.2% | +44.2% |
| 2013 | -1.9% | -16.4% |
| 2014 | -1.4% | -25.5% |
| 2015 | -0.9% | -35.0% |
| 2016 | -2.0% | +117.6% |
| 2017 | -0.6% | -69.2% |
| 2018 | -1.6% | +168.9% |
| 2019 | -0.1% | -90.9% |
| 2020 | 0.5% | -453.3% |
| 2021 | 0.3% | -37.7% |
| 2022 | -2.5% | -860.6% |
| 2023 | -0.9% | -62.9% |
| 2024 | -0.7% | -28.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 2.1% | 9.3% | 10 |
| 2010s | -1.1% | -2.2% | 1.4% | 10 |
| 2020s | -0.7% | -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)
- Services, value added (current US$), annual growth rate 5.95 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6209 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 34,865 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 1.49 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5495 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 30,854 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate -0.1331 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5113 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Finland?
- Current account balance as a share of gdp in Finland was -0.7% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Finland?
- The highest recorded value was 9.3% in 2001.
- What is the lowest current account balance as a share of gdp recorded in Finland?
- The lowest recorded value was -2.5% in 2022.
- How does Finland rank for current account balance as a share of gdp?
- Finland ranks 91st out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Finland?
- Over the last ten years it is up 52.1%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).