Exports of Services (BoP, USD) rose 10.3% to USD 29.7 bil in Finland in 2017

Exports of Services (BoP, USD) (USD bil)
Economy | Finland | March 11, 2019
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Excel Sheet

Exports of services as a part of balance of payment reached 29.7 USD bil in 2017 in Finland, according to the National Statistical Office. This is 10.3 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Finland reached an all time high of 29.7 USD bil in 2017 and an all time low of 1.10 USD bil in 1975. When compared to Finland's main peers, exports of services as a part of balance of payment in Australia amounted to 65.6 USD bil, 24.7 USD bil in Indonesia and 16.2 USD bil in New Zealand in 2017.

Finland has been ranked 36th within the group of 120 countries we follow in terms of exports of services as a part of balance of payment, 7 places above the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

Exports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia USD bil 52.2 53.6 53.1 56.5 54.9
Finland USD bil 24.2 24.6 26.3 26.1 25.6
Indonesia USD bil 21.9 23.7 22.9 23.5 22.2
Malaysia USD bil 38.8 40.6 42.1 42.1 34.9
New Zealand USD bil 13.2 13.1 13.5 14.6 14.9
Papua New Guinea USD bil 0.424 0.479 0.418 0.209 0.146
Philippines USD bil 18.9 20.4 23.3 25.5 29.1
Singapore USD bil 120 130 143 156 156