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Published: 14 August 2015

Current account in surplus in June 2015, net capital outflow from Finland

The current account posted a surplus in June 2015, resulting from surplus in goods account and the primary income account.

Finland’s current account and trade account

Current account

The current account showed a surplus of EUR 0.6 billion, which was caused by the goods account and the primary income account being in surplus. The 12-month moving total of the current account was EUR 1.5 billion in deficit. In balance of payment terms, the goods account was EUR 0.4 billion in surplus in June. Exports of goods amounted to EUR 4.7 billion and imports to EUR 4.2 billion in June. The primary income account was EUR 0.4 billion in surplus. The services account and the secondary income account showed a deficit in June.

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

Financial account and international investment position

In June 2015, financial assets grew by EUR 13.4 billion and financial liabilities by EUR 11.7 billion, resulting in net capital outflow of EUR 1.7 billion. Assets increased most in the category of other investments, which includes i.a. loans and deposits. Liabilities grew mainly in the form of other investments and direct investments.

The net international investment position was EUR 11.8 billion at the end of June 2015. At the end of June 2015, Finland had EUR 755.0 billion in foreign assets and EUR 743.2 billion in foreign liabilities.

The data for July 2015 will be published on 15 September 2015.

Finland’s international investment position

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

Inquiries: Tapio Kuusisto 029 551 3318, Mira Malhotra 029 551 3411, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Finland's balance of payments, monthly 2015, EUR million (14.8.2015)
• Appendix table 2. Finland's current account, monthly 2015, EUR million (14.8.2015)
• Appendix table 3. External assets and liabilities, by investment type, monthly 2015, EUR million (14.8.2015)
• Appendix table 4. Finland's balance of payments 2015, EUR million (14.8.2015)

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Updated 14.08.2015