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Published: 15 February 2018

Current account slightly in deficit in December

The current account showed a deficit of EUR 0.1 billion in December. There was net capital outflow. 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 December. According to preliminary data, the current account was EUR 1.5 billion in surplus in 2017.

Of the sub-items of the current account, the trade account in balance of payments terms was in balance. The value of goods exports in balance of payments terms grew by three per cent year-on-year and totalled EUR 4.7 billion. The value of exports of goods in balance of payments terms decreased by four per cent from twelve months back. The service account showed a deficit of EUR 0.1 billion.

The primary income account was EUR 0.2 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 December, net capital outflow amounted to EUR 4.2 billion. Of the sub-items of the financial account, net capital outflow was mostly in the form of other investments, EUR 5.0 billion.

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

Inquiries: Saana Ranta-Ruona 029 551 3375, Johannes Nykänen 029 551 3641, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Balance of payments, monthly, EUR million (15.2.2018)
• Appendix table 2. Current account, monthly, EUR million (15.2.2018)
• Appendix table 3. External assets and liabilities, by investment type, monthly, EUR million (15.2.2018)
• Appendix table 4. Balance of payments, EUR million (15.2.2018)

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Updated 15.2.2018