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Latest publication: Balance of payments and international investment position 2022, January

Published: 12 June 2020

Current account in deficit in April, net capital inflow

The current account was in deficit in April. The value of exports of goods in balance of payments terms decreased by 12 per cent from twelve months back. Net capital inflow to Finland from abroad. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

Current account and goods and services account

Current account and goods and services account

Current account

The current account was EUR 0.3 billion in deficit in April. The 12-month moving total of the current account was EUR 1.0 billion in surplus.

Of the sub-items of the current account, the goods account in balance of payment terms was EUR 0.3 billion in surplus. The value of goods exports in balance of payments terms declined by 12 per cent year-on-year and totalled EUR 4.5 billion. The value of goods imports in balance of payments terms declined by 24 per cent year-on-year and totalled EUR 4.2 billion. The service account was in balance. Service exports amounted to EUR 2.1 billion and service imports to EUR 2.1 billion.

The primary income account was EUR 0.7 billion in deficit. The primary income account includes investment income like interests and dividends. The secondary income account was EUR 0.3 billion in deficit.

Current account and goods and services account, 12 –month moving total

Current account and goods and services account, 12 –month moving total

Financial account

In April, net capital inflow to Finland amounted to EUR 3.3 billion. Of the sub-items of the financial account, net capital inflow was mostly in the form of other investments, amounting to EUR 4.3 billion. Net capital outflow was mainly in the form of portfolio investments, amounting to EUR 2.1 billion.

The net investment income was EUR 0.4 billion in deficit. The deficit of investment income decreased from twelve months back due to a decrease in the net capital outflow of portfolio investments.


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

Inquiries: Hanna Björklund 029 551 3296, Mira Malhotra 029 551 3262, balanceofpayments@stat.fi.

Director in charge: Jan Nokkala

Publication in pdf-format (272.7 kB)

Tables

Tables in databases

Appendix tables


Updated 12.6.2020

Referencing instructions:

Official Statistics of Finland (OSF): Balance of payments and international investment position [e-publication].
ISSN=2342-348X. April 2020. Helsinki: Statistics Finland [referred: 27.6.2022].
Access method: http://www.stat.fi/til/mata/2020/04/mata_2020_04_2020-06-12_tie_001_en.html