The current account was in deficit in the third quarter of 2022

Release related to topics:National economy
release | Balance of payments and international investment position 2022, 3rd quarter

Change

Revisions to the data for 2021 and 2020 exceptionally in connection with the December release. The change affects goods exports.
Read more about the change

According to Statistics Finland, the current account was EUR 1.7 billion in deficit in the third quarter of 2022. The value of goods exports in balance of payments terms increased by 24 % year-on-year. On the other hand, the value of goods imports increased by 32 % year-on-year. The balance of goods and services showed a deficit of EUR 2.1 billion. The primary income account was in surplus. The net international investment position weakened compared to the previous quarter.

Key selections

  • The current account was EUR 1.7 billion in deficit.
  • The balance of goods and services showed a deficit of EUR 2.1 billion.
  • The primary income account was EUR 1.1 billion in surplus.
  • Net capital inflow to Finland from abroad amounted to EUR 10.6 billion.
  • The net international investment position weakened compared to the previous quarter.

Change

Revisions to the data for 2021 and 2020 exceptionally in connection with the December release. The change affects goods exports.
Read more about the change

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    Referencing instructions

    Official Statistics of Finland (OSF): Balance of payments and international investment position [online publication].
    Reference period: 2022, 3rd quarter. ISSN=2342-348X. Helsinki: Statistics Finland [Referenced: 21.12.2024].
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