Home > Statistics > Balance of payments and international investment position > 2017 > June > Current account in deficit in June, net capital inflow to Finland

Published: 15 August 2017

Current account in deficit in June, net capital inflow to Finland

Corrected on 16 August 2017. The corrected item is indicated in red.

The current account showed a deficit of EUR 0.3 billion in June. The value of goods exports in balance of payments terms grew by two per cent from twelve months back. There was net capital inflow to Finland. These data derive from Statistics Finland's statistics on balance of payments and international investment position.

Current account and trade account

The figure was corrected on16 August 2017

Current account

The current account was EUR 0.3 billion in deficit in June. 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 trade account in balance of payments terms was EUR 0.2 billion in surplus. The value of goods exports in balance of payments terms grew by two per cent year-on-year and totalled EUR 5.1 billion. The value of goods imports in balance of payments terms also grew by eight per cent from twelve months back. The service account showed a deficit of EUR 0.1 billion.

The primary income account was EUR 0.2 billion in deficit. The primary income account includes investment income like interests and dividends. The secondary income account was EUR 0.2 billion in deficit.

Current account and trade account, 12 –month moving total

The figure was corrected on16 August 2017

Financial account

In June, net capital inflow to Finland amounted to EUR 4.2 billion. Of the sub-items of the financial account, net capital inflow was mostly in the form of portfolio investments, EUR 2.8 billion.

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

Inquiries: Saana Ranta-Ruona 029 551 3375, Johannes Nykänen 029 551 3641, balanceofpayments@stat.fi.

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. Balance of payments, monthly, EUR million (Corrected on 16 August 2017) (15.8.2017)
• Appendix table 2. Current account, monthly, EUR million (Corrected on 16 August 2017) (15.8.2017)
• Appendix table 3. External assets and liabilities, by investment type, monthly, EUR million (15.8.2017)
• Appendix table 4. Balance of payments, EUR million (Corrected on 16 August 2017) (15.8.2017)

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Updated 15.8.2017