Published: 15 October 2014
Current account in deficit, positive capital outflow in August 2014
In August 2014, Finland's current account was slightly in deficit. The financial account showed net capital outflow.
Current account
The current account was EUR 0.02 billion in deficit in August. Of the sub-items of the current account, the trade balance in balance of payment terms was almost in balance and the primary income account showed a EUR 0.2 billion surplus, while the services account and the secondary income account were in deficit. In the corresponding period one year earlier, the current account showed a surplus of EUR 0.02 billion. The 12-month moving total of the current account was EUR 4.2 billion in deficit.
Finland’s current account and trade account, 12–month moving sum
Financial account and international investment position
In August, outward capital flow on net from Finland amounted to EUR 1.8 billion. Direct investment was EUR 0.2 billion outward on net. Outward portfolio investment was EUR 2.5 billion on net, while portfolio investment claims grew by EUR 1.0 billion and portfolio investment liabilities decreased by EUR 1.5 billion. Other investments, i.e. loans, deposits and trade credits, were EUR 0.6 billion inward.
At the end of August 2014, the net investment position amounted to EUR 8.2 billion. Finnish residents had EUR 702.1 billion in foreign assets and EUR 693.9 billion in foreign liabilities.
The data for September 2014 will be published on 14 November 2014.
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 (291.9 kB)
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Appendix tables
- Appendix table 1. Finland's balance of payments, monthly 2014, EUR million (15.10.2014)
- Appendix table 2. Finland's current account, monthly 2014, EUR million (15.10.2014)
- Appendix table 3. External assets and liabilities, by investment type, monthly 2014, EUR million (15.10.2014)
- Appendix table 4. Finland's balance of payments 2014, EUR million (15.10.2014)
- Figures
Updated 15.10.2014
Official Statistics of Finland (OSF):
Balance of payments and international investment position [e-publication].
ISSN=2342-348X. August 2014. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/mata/2014/08/mata_2014_08_2014-10-15_tie_001_en.html