Balance of Payments in April 2012
Current accountIn April, the deficit was EUR 0.9 billion, which is slightly less than a year ago. The aggregate current account for the previous 12 months posted a deficit of EUR 3.1 bn.
1 The data under 'Goods' in the balance of payments statistics differ from the National Board of Customs' foreign trade statistics. Freight and insurance costs, which appear in BOP service expenditures, are deducted from the National Board of Customs' cif-based goods imports. Goods produced in ports, including eg fuel, are added to both imports and exports. |
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Financial accountInvestment was inward on net, in the amount of EUR 3.6 bn.
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Net international investment position at the end of AprilThe international investment position was a positive EUR 20 bn.
Net international investment position – excluding equity items – was a negative EUR 63 bn. |
Year 2011, EUR million |
March 2012, EUR million |
April 2012, EUR million |
12 month moving sum, EUR million | |
Current account | -2,245 | -400 | -892 | -3,115 |
Goods | -1,136 | 67 | 122 | -1,031 |
Services | 289 | -175 | -21 | -252 |
Income | 554 | -138 | -823 | 134 |
Current transfers | -1,952 | -154 | -171 | -1,967 |
Capital account | 179 | 15 | 15 | 181 |
Financial account | 7,388 | 3,148 | 3,578 | 21,724 |
Direct investment | -3,866 | 39 | 567 | -1,445 |
Portfolio investment | 9,504 | -4,244 | 6,456 | 15,049 |
Other investment | 1,446 | 8,131 | -3,326 | 7,250 |
Reserve assets | -320 | -79 | -329 | -484 |
Financial derivatives | 624 | -699 | 209 | 1,354 |
Errors and omissions | -5,322 | -2,763 | -2,701 | -18,789 |
More information Anne Turkkila tel. +358 10 831 2175, and Anni Salo tel. +358 10 831 2480, email firstname.lastname(at)bof.fi