FX.co ★ Finland Current Account Balance Swings to Deficit

Finland recorded a current account deficit of EUR 541 million in September 2026, compared with a surplus of EUR 34 million in the same month a year earlier. The goods account swung to a deficit of EUR 283 million from a surplus of EUR 286 million, as imports rose by 22%, outpacing a 13% increase in exports. The deficit in secondary income also widened, to EUR 157 million from EUR 99 million.

By contrast, the services deficit narrowed slightly, to EUR 595 million from EUR 613 million, while the primary income surplus increased to EUR 493 million from EUR 460 million. Over the latest 12-month period, the cumulative current account showed a deficit of EUR 1.7 billion.

On the financial side, net capital inflows into Finland from abroad totalled EUR 2.5 billion in September. Other investments accounted for the largest share of inflows, at EUR 1.6 billion, while direct investments posted the largest net capital outflow, at EUR 0.3 billion.