The current account was in deficit in June 2023
According to Statistics Finland, the current account was in deficit in June 2023. The value of goods exports in balance of payments terms decreased by 17 % year-on-year. There was net capital outflow from Finland to abroad.
Key selections
- The current account was in deficit in June 2023.
- The value of goods exports in balance of payments terms decreased by 17 % year-on-year.
- The service account was in deficit by EUR 0.9 billion.
- There was net capital outflow from Finland to abroad.
Current account
The current account was EUR 0.2 billion in deficit in June. The 12-month moving total of the current account was EUR 4.9 billion in deficit.
Of the sub-items of the current account, the goods account in balance of payment terms was EUR 0.4 billion in surplus. The value of goods exports in balance of payments terms decreased by 17 % year-on-year and was EUR 6.7 billion. The value of goods imports in balance of payments terms decreased by 20 % year-on-year to EUR 6.3 billion. The service account was in deficit by EUR 0.9 billion. The value of service exports decreased by 5 % year-on-year and was EUR 2.5 billion while the value of service imports rose by 4 % year-on-year to EUR 3.5 billion.
The primary income account was EUR 0.4 billion in surplus. The secondary income account was EUR 0.1 billion in deficit.
Financial account
In June net capital outflow from Finland to abroad amounted to EUR 4.3 billion. Of the functional categories of the financial account, net capital outflow was highest in the form of portfolio investments (EUR 2.3 billion).
Net capital inflow to Finland was highest in the form of direct investments (EUR 0.5 billion).
Database tables
Pick the data you need into tables, view the data as graphs, or download the data for your use.
- BOP item
- BOP item
- Functional category
- Instrument
Future releases
Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statistics