Current account balance as a share of GDP rose 23.0% to 1.09% in Finland in 2020, according to the National Statistical Office.
Historically, current account balance as a share of GDP in Finland reached an all time high of 1.09% in 2020 and an all time low of -0.073% in 1975. When compared to Finland's main peers, current account balance as a share of GDP in Australia amounted to -2.96%, -2.27% in Indonesia, -3.79% in New Zealand and 22.3% in Papua New Guinea in 2020.
Finland has been ranked 44th within the group of 172 countries we follow in terms of current account balance as a share of GDP, 9 places above the position seen 10 years ago.
| Current Account Balance (As % of GDP) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Australia | % | -0.027% | -0.020% | 0.006% | -2.96% | -2.80% | ||||||||||||||||
| Finland | % | -0.009% | -0.018% | -0.005% | 1.09% | 1.10% | ||||||||||||||||
| Indonesia | % | -0.016% | -0.029% | -0.027% | -2.27% | -2.24% | ||||||||||||||||
| Malaysia | % | 0.028% | 0.021% | 2.31% | 2.14% | 1.91% | ||||||||||||||||
| New Zealand | % | -0.027% | -0.037% | -0.029% | -3.79% | -3.58% | ||||||||||||||||
| Papua New Guinea | % | 0.235% | 0.226% | 23.6% | 22.3% | 21.4% | ||||||||||||||||
| Philippines | % | -0.007% | -0.026% | -0.009% | -1.41% | -1.33% | ||||||||||||||||
| Singapore | % | 0.163% | 0.172% | 0.170% | 17.8% | 17.5% |
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