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

Latest publication: Balance of payments and international investment position 2018, December

Published: 15 August 2018

Current account in deficit in June, net capital inflow to Finland

The current account showed a deficit of EUR 0.4 billion in June. The value of exports of goods in balance of payments terms grew by five per cent from twelve months back. There was net capital inflow to Finland 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 0.4 billion in deficit in June. The 12-month moving total of the current account was EUR 0.3 billion in surplus.

Of the sub-items of the current account, the trade account in balance of payments terms was EUR 0.3 billion in surplus. The value of goods exports in balance of payments terms grew by five per cent year-on-year and totalled EUR 5.4 billion. The value of goods imports in balance of payments terms grew by three per cent from twelve months back. The service account showed a deficit of EUR 0.2 billion.

The primary income account was EUR 0.4 billion in deficit. 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 June, net capital inflow to Finland amounted to EUR 1.5 billion. Of the sub-items of the financial account, net capital inflow was mostly in the form of portfolio investments, EUR 3.2 billion. Net capital outflow from Finland was mainly in the form of other investments, EUR 2.6 billion.


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

Inquiries: Ruusu Blomberg 029 551 3289, Hanna Björklund 029 551 3296, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

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Tables

Tables in databases

Appendix tables


Updated 15.8.2018

Referencing instructions:

Official Statistics of Finland (OSF): Balance of payments and international investment position [e-publication].
ISSN=2342-348X. June 2018. Helsinki: Statistics Finland [referred: 20.2.2019].
Access method: http://www.stat.fi/til/mata/2018/06/mata_2018_06_2018-08-15_tie_001_en.html