Deficit

10 November 2021, Berlin: German Finance Minister and candidate of the Social Democratic Party (SPD) for Chancellor, Olaf Scholz, receives Portugal's Prime Minister Antonio Costa for talks. Photo: Annegret Hilse/Reuters/Pool/dpa.

World

ECONOMY

Portugal trade deficit widens in September

The Nomad Today/dpa 11/10/21

On a month-on-month basis, exports rose 16.4% and imports increased 18.5%

Finland

BUSINESS

Finland trade deficit widens; industrial production rises

The Nomad Today/dpa 10/8/21

Exports rose 15.9 per cent year-on-year in August and imports grew 22.2 per cent

Port of Helsinki. Photo: Port of Helsinki.

Finland

BUSINESS

Finland trade deficit narrows

The Nomad Today/dpa 8/7/21

Shipments to the EU countries grew 24.5 per cent in June

Finland

DEFICIT INCREASING

Finland GDP fell 2.9% in 2020

The Nomad Today 7/15/21

The deficit grew in 2020 to 5.4% relative to GDP Growth in private consumption was seen especially in food, alcoholic beverages, domestic appliances and furniture

Finland

BUSINESS

Finland trade deficit narrows in May

The Nomad Today/dpa 7/8/21

Exports rose 28.4% year-on-year in May and imports grew 23.8%.

Finland

BALANCE OF PAYMENTS

Finland's current account in deficit 600 million euros

The Nomad Today 6/11/21

During this period, there was net capital outflow from Finland to abroad.

The leaders of the 5 parties that make up the center-left government coalition, with Prime Minister Sanna Marin in the center. Photo: Lauri Heikkinen/Vnk.

Finland

ECONOMIC FORECAST

Finland to run substantial deficit until the middle of the decade

The Nomad Today 5/17/21

The public debt-to-GDP ratio will exceed 75% in 2025 and will continue to grow thereafter.

Finland

BALANCE OF PAYMENTS

Finland's current account deficit 700 million euros

The Nomad Today 5/12/21

In March, the goods account in balance of payment terms was in surplus but the service account was in deficit.

Finland

BUSINESS

Finland trade deficit narrows

The Nomad Today/dpa 5/7/21

The trade deficit decreased to 305 million euros from 345 million euros in the same month last year.

The leaders of the 5 parties of the government coalition, after the negotiation concluded. Photo: Lauri Heikkinen/Vnk.

Finland

PUBLIC FINANCES

Budget deal: more spending, deficit to go through the roof

The Nomad Today 4/30/21

During the pandemic, the government has pursued an exceptionally expansionary fiscal policy and intends to follow a similar roadmap for the future.

Matti-Vanhanen-Mika-Lintilä-by-Lauri-Heikkinen-Vnk

Finland

IMBALANCE

Finland deficit and debt soar above limits of EU Stability Pact

The Nomad Today 4/21/21

The financial position of general government weakened by good 10 billion compared with 2019.

Finland

CRISIS

Coronavirus sinks Finland's GDP as public deficit skyrockets

The Nomad Today 3/15/21

The financial position, or net lending, of general government showed a deficit of 12.9 billion euros in 2020, while in the previous year it was 'only' 2.4 billion.

Finland

BALANCE OF PAYMENTS

Finland's current account in deficit at the beginning of 2021

The Nomad Today 3/12/21

The value of goods exports in balance of payments terms decreased by 8% year-on-year.

Finland

BALANCE OF PAYMENTS

Finland's current account returns to deficit

The Nomad Today 1/13/21

The value of goods exports in balance of payments terms declined by 6% year-on-year and totaled 5 billion euros.

Photograph published last week (10 December) by the Finnish government to celebrate the first anniversary of the Government led by Sanna Marin. Photo: Laura Kotila/Vnk.

Finland

TAX RISE

Finnish economy deficit to remain "substantial" in 2021

The Nomad Today 12/17/20

Authorities say direct tax increases will be needed to finance the imbalance between revenue and expenditure. Public debt relative to GDP will also grow in the coming years and is estimated…

entrepreneur-economy-crisis-deficit-debt

Finland

142.5 BILLION IN TOTAL

Finland's debt grew 3.2 billion last year, revised data shows

The Nomad Today 10/21/20

The financial position of general government weakened by around 300 million euros from the year before.

Finland

BALANCE OF PAYMENTS

Current account in deficit 0.1 billion

The Nomad Today 9/14/20

The goods account in balance of payment terms was in balance, but the service account was in deficit.

Finland

RECESSION WORSENING

Finland's trade balance records a deficit of 1.7 billion euros

The Nomad Today 8/31/20

Exports of forest industry products declined by 17% in June and exports of machinery and transport equipment diminished by 7.5%. Germany, Sweden and the United States have greatly reduced their…