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Published: 15 January 2015

Current account in surplus in November 2014, net capital outflow from Finland

In November 2014, the current account was slightly in surplus, the value of goods exports decreased year-on-year

Current account

In November, the current account was EUR 0.3 billion in surplus. The 12-month moving total of the current account was EUR 3.0 billion in deficit. In November, EUR 4.5 billion worth of goods were exported, while the corresponding value of goods exports was EUR 4.7 billion in November 2013. In balance of payment terms, goods imports amounted to EUR 4.4 billion. The services account was almost in balance in November. Of the other sub-items of the current account, primary income was EUR 0.3 billion in surplus, while the secondary income account was EUR 0.1 billion in deficit.

Finland’s current account and trade account, 12–month moving sum

Financial account and international investment position

In November, outward capital flow on net from Finland amounted to EUR 1.1 billion. Direct investment was EUR 0.7 billion and other investment was EUR 4.1 billion outward on net. Portfolio investment was EUR 3.2 billion inward on net.

At the end of November 2014, the net investment position amounted to EUR 8.3 billion. Foreign assets amounted to EUR 714.7 billion and liabilities to EUR 706.4 billion.

The data for December 2014 will be published on 13 February 2015.

Finland’s international investment position

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

Inquiries: Mira Malhotra 029 551 3411, Tapio Kuusisto 029 551 3318, balanceofpayments@stat.fi.

Director in charge: Leena Storgårds

Publication in pdf-format (300.0 kB)

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Appendix tables

• Appendix table 1. Finland's balance of payments, monthly 2014, EUR million (15.1.2015)
• Appendix table 2. Finland's current account, monthly 2014, EUR million (15.1.2015)
• Appendix table 3. External assets and liabilities, by investment type, monthly 2014, EUR million (15.1.2015)
• Appendix table 4. Finland's balance of payments 2014, EUR million (15.1.2015)

Figures

• Appendix figure 1. Finlands current account and trade account (15.1.2015)

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Updated 15.01.2015