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Published: 14 November 2014

Current account in surplus in September 2014, the value of exports grew

In September 2014, the current account showed a surplus and the value of goods exports grew from the previous year's September.

Current account

In September, the current account showed a surplus of EUR 0.6 billion because the trade account was in surplus. The value of Finland's goods exports grew on the monthly level, but the 12-month moving sum of the current account still showed a deficit of EUR 3.4 billion. Goods were exported in September to the value of EUR 5.2 billion, while the corresponding value of exports was EUR 4.6 billion in last year's September. Imports of goods according to the current account fell by six per cent from the previous year's September. The services account showed a deficit of EUR 0.1 billion. Of the other sub-items of the current account, primary income was EUR 0.3 billion in deficit, while the secondary income account was EUR 0.2 billion in deficit.

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

Financial account and international investment position

In September, outward capital flow on net from Finland amounted to EUR 0.3 billion. Direct investment was EUR 0.5 billion inward on net. Portfolio investment was EUR 2.4 billion outward on net. Other investments, i.e. loans, deposits and trade credits, were EUR 1.4 billion inward.

At the end of September 2014, the net investment position amounted to EUR 9.2 billion. Claims from abroad to Finland amounted to EUR 713.9 billion and claims from Finland to abroad to EUR 704.7 billion.

The data for October 2014 will be published on 15 December 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 (295.9 kB)

Tables

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• Database tables and their variables
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Appendix tables

• Appendix table 1. Finland's balance of payments, monthly 2014, EUR million (14.11.2014)
• Appendix table 2. Finland's current account, monthly 2014, EUR million (14.11.2014)
• Appendix table 3. External assets and liabilities, by investment type, monthly 2014, EUR million (14.11.2014)
• Appendix table 4. Finland's balance of payments 2014, EUR million (14.11.2014)

Figures

• Appendix figure 1. Finlands current account and trade account (14.11.2014)

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Updated 14.11.2014