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Published: 13 January 2017

Current account in surplus in November

In November, the current account was EUR 0.2 billion in surplus. The value of exports of goods and services increased by three per cent from one year ago. The financial account showed net capital inflow. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

Current account and trade account

Current account

In November, the current account was EUR 0.2 billion in surplus. The 12-month moving total of the current account was EUR 1.3 billion in deficit.

Of the sub-items of the current account, the trade account in balance of payment terms was EUR 0.1 billion in surplus. The value of goods exports in balance of payment terms rose by four per cent year-on-year and totalled EUR 4.6 billion. The service account showed a deficit of EUR 0.1 billion.

The primary income account was EUR 0.4 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 November, net capital inflow to Finland amounted to EUR 4.7 billion. Of the sub-items of the financial account, net capital inflow was mostly in the form of portfolio investments, EUR 8.2 billion. Net capital outflow was mainly in the form of other investments, EUR 3.4 billion.

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

Inquiries: Saana Ranta-Ruona 029 551 3375, Tapio Kuusisto 029 551 3318, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Balance of payments, monthly 2016, EUR million (13.1.2017)
• Appendix table 2. Current account, monthly 2016, EUR million (13.1.2017)
• Appendix table 3. External assets and liabilities, by investment type, monthly 2016, EUR million (13.1.2017)
• Appendix table 4. Balance of payments 2016, EUR million (13.1.2017)

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Updated 13.1.2017