A more recent publication of this set of statistics is available.

Latest publication: Balance of payments and international investment position 2019, March

Published: 15 July 2016

Current account slightly in surplus

The current account was slightly in surplus in May 2016. Exports of goods fell from the corresponding period of 2015. The net international investment position remained positive. These data derive from Statistics Finland's statistics on balance of payments and international investment position.

Finland’s current account and trade account

Finland’s current account and trade account

Current account

The current account showed a surplus of EUR 0.1 billion in May. The 12-month moving sum of the current account was EUR 1.2 billion in surplus.

Of the sub-items of the current account, the goods account in balance of payment terms was EUR 0.1 billion in surplus. The value of goods export in balance of payment terms was EUR 4.4 billion, that is six per cent lower than in May 2015. The services account showed a deficit of EUR 0.1 billion.

The primary income account was EUR 0.3 billion in surplus. The primary income account includes investment income like interests and dividends. The secondary income account was EUR 0.2 billion in deficit.

Finland’s current account and trade account, 12 –month moving sum

Finland’s current account and trade account, 12 –month moving sum

Financial account and international investment position

In May, the financial account was in balance. Of the sub-items of the financial account, inward capital flow on net was highest in the form of other investments, EUR 2.4 billion. Outward capital flow on net from Finland was highest in the form of direct investment, EUR 2.4 billion.

Finland's net international investment position stood at EUR 3.3 billion at the end of May, as foreign assets amounted to EUR 766.8 billion and foreign liabilities to EUR 763.5 billion.

The data for June 2016 will be published on 15 August 2016.

Finland’s international investment position

Finland’s international investment position

Source: Balance of payments and international investment position, Statistics Finland

Inquiries: Anssi Heinonen 029 551 3373, Saana Ranta-Ruona 029 551 3375, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

Publication in pdf-format (270.7 kB)

Tables

Tables in databases

Appendix tables


Updated 15.7.2016

Referencing instructions:

Official Statistics of Finland (OSF): Balance of payments and international investment position [e-publication].
ISSN=2342-348X. May 2016. Helsinki: Statistics Finland [referred: 25.5.2019].
Access method: http://www.stat.fi/til/mata/2016/05/mata_2016_05_2016-07-15_tie_001_en.html