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Published: 10 July 2015

Current account in surplus in May 2015, net capital flowed outward from Finland

The surplus on the trade account also pushed the current account into surplus in May 2015. The financial account showed net capital outflow.

Finland’s current account and trade account

Current account

In May, the current account showed a surplus of EUR 0.3 billion, which was mainly affected by the trade account being in surplus. The 12-month moving total of the current account was EUR 2.0 billion in deficit. In balance of payment terms, the trade account was EUR 0.6 billion in surplus in May. Goods exports amounted to EUR 4.6 billion and goods imports to EUR 4.0 billion in May. In May, the primary income account showed a slight surplus. The services account and the secondary income account were in deficit in May.

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

Financial account and international investment position

In May 2015, the outward capital flow on net from Finland was EUR 2.4 billion. Outward capital flow was particularly in the form of other investments, which include loans and deposits. Foreign investors invested EUR 2.6 billion in Finnish securities. Correspondingly, Finnish residents invested EUR 0.3 billion in foreign securities.

At the end of May 2015, the net international investment position was EUR 14.9 billion. At the end of May 2015, Finland had EUR 770.2 billion in foreign assets and EUR 755.3 billion in foreign liabilities.

The data for June 2015 will be published on 14 August 2015.

Finland’s international investment position

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

Inquiries: Elina Somervuori 029 551 2995, Mira Malhotra 029 551 3411, balanceofpayments@stat.fi.

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Finland's balance of payments, monthly 2015, EUR million (10.7.2015)
• Appendix table 2. Finland's current account, monthly 2015, EUR million (10.7.2015)
• Appendix table 3. External assets and liabilities, by investment type, monthly 2015, EUR million (10.7.2015)
• Appendix table 4. Finland's balance of payments 2015, EUR million (10.7.2015)

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Updated 10.07.2015