Published: 15 November 2017

Current account slightly in surplus, capital flowed abroad on net from Finland

The current account showed a surplus of EUR 0.1 billion in September. The value of goods exports in balance of payment terms grew by six per cent from twelve months back. Capital flowed abroad on net from Finland. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

Current account and trade account

Current account and trade account

Current account

The current account was EUR 0.1 billion in surplus in September. The 12-month moving total of the current account was EUR 0.6 billion in deficit.

Of the sub-items of the current account, the goods account in balance of payment terms was EUR 0.2 billion in surplus. The value of exports of goods in balance of payment terms rose by six per cent year-on-year and totalled EUR 5.0 billion. The value of goods imports in balance of payment terms grew by seven per cent from twelve months back. The service account showed a deficit of EUR 0.1 billion.

The primary income account was EUR 0.2 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.

Current account and trade account, 12 –month moving total

Current account and trade account, 12 –month moving total

Financial account

In September, net capital outflow from Finland amounted to EUR 6.1 billion. Of the sub-items of the financial account, net capital outflow from Finland was mostly in the form of portfolio investments, EUR 9.0 billion.


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

Inquiries: Johannes Nykänen 029 551 3641, Tapio Kuusisto 029 551 3318, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

Publication in pdf-format (260.6 kB)

Tables

Tables in databases

Appendix tables


Updated 15.11.2017

Referencing instructions:

Official Statistics of Finland (OSF): Balance of payments and international investment position [e-publication].
ISSN=2342-348X. September 2017. Helsinki: Statistics Finland [referred: 15.12.2017].
Access method: http://www.stat.fi/til/mata/2017/09/mata_2017_09_2017-11-15_tie_001_en.html

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