Financial News: Finland Current Account Turns Deficit In May

Finland Current Account Turns Deficit In May

07/13/2026 - 04:52:00 (RTTNews)

(RTTNews) - Finland's current account balance swung to a deficit in May from a surplus in the previous year, data from Statistics Finland showed on Monday.

The current account showed a shortfall of EUR 562 million in May versus a surplus of EUR 367 million in the corresponding month last year. In April, it was a deficit of EUR 2.2 billion.

The goods account surplus shrank to EUR 328 million from EUR 678 million last year, while the deficit in the service account balance widened to EUR 838 million from EUR 186 million.

Data showed that the primary income account surplus was EUR 154 million, up from EUR 52 million. Meanwhile, the secondary income deficit rose to EUR 206 million from EUR 176 million.

The 12-month moving total of the current account was EUR 3.1 billion in surplus.

In May, net capital outflow from Finland to abroad amounted to EUR 2.5 billion, with net capital outflow marking the highest in the form of portfolio investments, at EUR 3.5 billion. At the same time, net capital inflow to Finland was highest in the form of other investments.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Business Inventories Unexpectedly Unchanged In June (02 hr(s), 02 min(s), 41 sec(s) ago)
(RTTNews) - With a decrease in retail inventories offsetting increases in manufacturing and wholes ...Full Story»

U.S. Consumer Sentiment Slumps Much More Than Expected In August (02 hr(s), 20 min(s), 41 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story»

U.S. Retail Sales Unexpectedly Decrease For First Time In Nine Months (03 hr(s), 12 min(s), 41 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed an unexpected decline in ...Full Story»

Estonia Jobless Rate Falls To 6.6% In Q2 (03 hr(s), 30 min(s), 41 sec(s) ago)
(RTTNews) - Estonia's unemployment rate decreased in the second quarter, figures from Statisti ...Full Story»

Cyprus Q2 GDP Growth Improves To 3.3% (03 hr(s), 49 min(s), 41 sec(s) ago)
(RTTNews) - Cyprus' economic growth rate rebounded somewhat in the second quarter, preliminary ...Full Story»

U.S. Retail Sales Unexpectedly Fall 0.6% In July (04 hr(s), 02 min(s), 41 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed an unexpected decline in ...Full Story»

Croatia Inflation Confirmed At 5-month Low (04 hr(s), 22 min(s), 41 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation moderated further in July to the lowest level i ...Full Story»

French Inflation Rises As Estimated (04 hr(s), 58 min(s), 41 sec(s) ago)
(RTTNews) - French inflation accelerated in July due to higher prices of energy and services, fina ...Full Story»