Published: 15 February 2016
Current account in deficit, net capital outflow from Finland
The current account was in deficit in December 2015. Exports of goods decreased in December from one year ago, while imports of goods increased slightly. The financial account showed net capital outflow. The data appear from Statistics Finland's statistics on balance of payments and international investment position.
Finland’s current account and trade account
![Finland’s current account and trade account](mata_2015_12_2016-02-15_tie_001_en_001.png)
Current account
The current account showed a deficit of EUR 0.2 billion in December 2015. The goods account in balance of payment terms, as well as the service account and the primary income account were in deficit. The 12-month moving total of the current account was EUR 0.2 billion in surplus.
Exports of goods in balance of payment terms decreased in December to EUR 4.5 billion from EUR 4.7 billion in the year before. The decline amounted to 4.9 per cent year-on-year. Imports of goods in balance of payment terms increased by 1.6 per cent, as the goods account was EUR 0.1 billion in deficit.
The primary income account was EUR 0.3 billion in surplus and the secondary income account EUR 0.2 billion in deficit.
Finland’s current account and trade account, 12 –month moving sum
![Finland’s current account and trade account, 12 –month moving sum](mata_2015_12_2016-02-15_tie_001_en_002.png)
Financial account and international investment position
Net capital outflow was EUR 3.6 billion. Of the sub-items of the financial account, net capital outflow as other investments amounted to EUR 8.5 billion. Net capital inflow in the form of portfolio investments totalled EUR 4.4 billion.
Finland's net international investment position was EUR -2.5 billion at the end of December. Finland had EUR 696 billion in foreign assets and EUR 698 billion in foreign liabilities.
The data for January 2016 will be published on 15 March 2016.
Finland’s international investment position
![Finland’s international investment position](mata_2015_12_2016-02-15_tie_001_en_003.png)
Source: Balance of payments and international investment position, Statistics Finland
Inquiries: Tapio Kuusisto 029 551 3318, Saana Ranta-Ruona 029 551 3375, 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 (15.2.2016)
- Appendix table 2. Finland's current account, monthly 2015, EUR million (15.2.2016)
- Appendix table 3. External assets and liabilities, by investment type, monthly 2015, EUR million (15.2.2016)
- Appendix table 4. Finland's balance of payments 2015, EUR million (15.2.2016)
Updated 15.02.2016
Official Statistics of Finland (OSF):
Balance of payments and international investment position [e-publication].
ISSN=2342-348X. December 2015. Helsinki: Statistics Finland [referred: 17.8.2024].
Access method: http://www.stat.fi/til/mata/2015/12/mata_2015_12_2016-02-15_tie_001_en.html