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

Portugal Inflation Eases To 3.0% In July (14 min(s), 23 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased further in July to the lowest level in f ...Full Story»

U.S. Consumer Sentiment Improves More Than Previously Estimated In July (44 min(s), 23 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

Chicago Business Barometer Unexpectedly Indicates Slightly Faster Growth In July (17 min(s), 23 sec(s) ago)
(RTTNews) - Chicago-area business activity unexpectedly increased at a slightly faster rate in the ...Full Story»

Poland Inflation Rises To 3.0% In July (08 min(s), 23 sec(s) ago)
(RTTNews) - Poland's consumer price inflation accelerated in July after easing in the previous ...Full Story»

Taiwan GDP Growth Eases To 12.92% In Q2 (47 min(s), 23 sec(s) ago)
(RTTNews) - Taiwan's economy logged a strong expansion in the second quarter, though the pace ...Full Story»

German Unemployment Rate Rises (03 min(s), 23 sec(s) ago)
(RTTNews) - Germany's unemployment increased unexpectedly in July, official data showed Friday ...Full Story»

Turkey Trade Gap Widens In June (44 min(s), 23 sec(s) ago)
(RTTNews) - Turkey's foreign trade deficit increased in June from a year ago as imports grew f ...Full Story»

Bank Of Japan Holds Key Rate Steady As Expected (40 min(s), 23 sec(s) ago)
(RTTNews) - The Bank of Japan maintained its key interest rate on Friday after a quarter-point hik ...Full Story»