Finland Current Account to GDP

Finland recorded a Current Account deficit of 0.70 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Finland is reported by the Eurostat. From 1980 until 2012, Finland Current Account to GDP averaged 1.4 Percent reaching an all time high of 8.8 Percent in December of 2002 and a record low of -5.4 Percent in December of 1991. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Finland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.70 -1.30 8.80 -5.40 -2.60 | 2013/12 1980 - 2012 Percent Yearly

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Finland Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 100.00 2014-02-15 -375.70 1987.10 -1815.90 -399.27 2014-03-31 EUR Million [+]
Current Account to GDP -0.70 2012-12-31 -1.30 8.80 -5.40 -2.60 2013-12-31 Percent [+]
Capital Flows 8092.77 2014-01-15 -5212.36 8092.77 -5725.49 -1323.18 2014-02-28 EUR Million [+]
External Debt 0.00 2014-02-28 0.00 22326.00 0.00 0.00 2014-03-31 EUR Million [+]
Foreign Direct Investment 73250.00 2012-12-31 68963.00 73250.00 5356.00 76714.66 2013-12-31 EUR Million [+]
Remittances 5.00 2013-08-15 5.00 5.00 0.00 4.88 2013-12-31 EUR Million [+]
Terms of Trade 86.10 2014-02-15 85.80 131.80 84.40 85.97 2014-03-31 Index Points [+]
Balance of Trade -70.00 2014-02-15 -500.00 1749.60 -795.00 -348.19 2014-03-31 EUR Million [+]
Exports 4270.00 2014-02-15 4340.00 6451.00 190.90 4646.91 2014-03-31 EUR Million [+]
Imports 4340.00 2014-02-15 4840.00 5878.00 311.30 4959.72 2014-03-31 EUR Million [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Finland Current Account at 100.00 EUR Million  
Finland recorded a Current Account surplus of 100 EUR Million in February of 2014. Current Account in Finland is reported by the Bank of Finland.
Finland Consumer Price Index (CPI) at 119.60 Index Points  
Consumer Price Index (CPI) in Finland increased to 119.60 Index Points in March of 2014 from 119.30 Index Points in February of 2014. Consumer Price Index (CPI) in Finland is reported by the Statistics Finland.
Finland Inflation Rate MoM at 0.20 Percent  
The Consumer Price Index in Finland increased 0.20 percent in March of 2014 over the previous month. Inflation Rate Mom in Finland is reported by the Statistics Finland.
Finland Inflation Rate at 1.10 Percent  
The inflation rate in Finland was recorded at 1.10 percent in March of 2014. Inflation Rate in Finland is reported by the Statistics Finland.
Finland Unemployment Rate at 9.10 Percent  
Unemployment Rate in Finland increased to 9.10 percent in February of 2014 from 8.50 percent in January of 2014. Unemployment Rate in Finland is reported by the Statistics Finland.
Finland New Orders at 102.90 Index Points  
New Orders in Finland increased to 102.90 Index Points in February of 2014 from 90.90 Index Points in January of 2014. New Orders in Finland is reported by the Statistics Finland.
Finland Producer Prices at 1952.00 Index Points  
Producer Prices in Finland increased to 1952 Index Points in February of 2014 from 1950 Index Points in January of 2014. Producer Prices in Finland is reported by the Statistics Finland.
Finland Producer Prices Change at -1.29 Percent  
Producer Prices in Finland decreased 1.29 percent in February of 2014 over the same month in the previous year. Producer Prices Change in Finland is reported by the Statistics Finland.
Finland Remittances at 5.00 EUR Million  
Remittances in Finland remained unchanged at 5 EUR Million in the third quarter of 2013 from 5 EUR Million in the second quarter of 2013. Remittances in Finland is reported by the Eurostat.
Finland Terms of Trade at 86.10 Index Points  
Terms of Trade in Finland increased to 86.10 Index Points in February of 2014 from 85.80 Index Points in January of 2014. Terms of Trade in Finland is reported by the Statistics Finland.
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