Published: 13 April 2018

Current account in surplus in February

The current account showed a surplus of EUR 0.3 billion in February. The value of goods exports in balance of payments terms grew by 7 per cent from twelve months back. Capital flowed to Finland on net from abroad. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

Current account and goods and services account

Current account and goods and services account

Current account

The current account was EUR 0.3 billion in surplus in February. The 12-month moving total of the current account was EUR 1.7 billion in surplus.

Of the sub-items of the current account, the trade account in balance of payments terms was EUR 0.1 billion in surplus. The value of goods exports in balance of payments terms grew by 7 per cent year-on-year and totalled EUR 4.8 billion. The value of goods imports in balance of payment terms grew by 6 per cent from twelve months back. The service account showed a deficit of EUR 0.1 billion.

The primary income account was EUR 0.4 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 goods and services account, 12 –month moving total

Current account and goods and services account, 12 –month moving total

Financial account

In February, net capital inflow to Finland amounted to EUR 0.9 billion. Of the sub-items of the financial account, net capital inflow was mostly in the form of direct investments, EUR 1.3 billion. Net capital outflow from Finland was mainly in the form of financial derivatives, EUR 1.0 billion.


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

Inquiries: Saana Ranta-Ruona 029 551 3375, Johannes Nykänen 029 551 3641, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

Publication in pdf-format (271.7 kB)

Tables

Tables in databases

Appendix tables


Updated 13.4.2018

Referencing instructions:

Official Statistics of Finland (OSF): Balance of payments and international investment position [e-publication].
ISSN=2342-348X. February 2018. Helsinki: Statistics Finland [referred: 27.4.2018].
Access method: http://www.stat.fi/til/mata/2018/02/mata_2018_02_2018-04-13_tie_001_en.html

Share