Home > Statistics > Balance of payments and international investment position > 2017 > February > Current account slightly in deficit in February, net capital inflow to Finland

Published: 13 April 2017

Current account slightly in deficit in February, net capital inflow to Finland

The current account was EUR 0.1 billion in deficit in February. The value of exports of goods and services grew by four per cent and the value of imports by five per cent from the previous year. Capital flowed to Finland on net. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

Current account and trade account

Current account

The current account was EUR 0.1 billion in deficit in February. The 12-month moving total of the current account was EUR 2.3 billion in deficit.

Of the sub-items of the current account, the trade account in balance of payment terms was in balance. The value of goods exports in balance of payment terms grew by four per cent year-on-year and totalled EUR 4.3 billion. The value of goods imports in balance of payment terms also grew by four per cent from twelve months back. The service account showed a deficit of EUR 0.2 billion.

The primary income account was EUR 0.1 billion in surplus. The primary income account includes investment income like interests and dividends. The secondary income account was EUR 0.1 billion in deficit.

Current account and trade account, 12 –month moving total

Financial account

In February, net capital inflow to Finland amounted to EUR 1.9 billion. Of the sub-items of the financial account, net capital inflow was mostly in the form of other investments, EUR 3.1 billion. Net capital outflow from Finland was mainly in the form of portfolio investments, EUR 1.0 billion.

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

Inquiries: Tapio Kuusisto 029 551 3318, Saana Ranta-Ruona 029 551 3375, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Balance of payments, monthly, EUR million (13.4.2017)
• Appendix table 2. Current account, monthly, EUR million (13.4.2017)
• Appendix table 3. External assets and liabilities, by investment type, monthly, EUR million (13.4.2017)
• Appendix table 4. Balance of payments, EUR million (13.4.2017)

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Updated 13.4.2017