Balance of payments, November 2013
Responsibility for the compilation of balance of payments was transferred from the Bank of Finland to Statistics Finland on 1 January 2014. During the transition period 1 January 2014 – 30 June 2014, monthly balance of payments releases will continue to be published via the Bank of Finland’s website. Balance of payments data published after the transition period will be posted on Statistics Finland’s website. Statistics Finland is responsible for the content of published releases and data figures.
Current accountIn November the current account posted a surplus of EUR 0.4 bn, compared to a surplus of EUR 0.3 a year earlier. The cumulative current account for the past 12 months posted a deficit of EUR 1.3 bn.
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Financial accountInvestment was outward on net, in the amount of EUR 3.6 bn.
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Net international investment position at end-NovemberForeign assets exceeded foreign liabilities by EUR 23 bn.
Net international investment position excluding equity items was a negative EUR 65 bn. |
Year 2012, EUR million |
October 2013, EUR million |
November 2013, EUR million |
12 month moving sum, EUR million | |
Current account | -3,199 | 218 | 426 | -1,263 |
Goods | -92 | 187 | 313 | 72 |
Services | -1,492 | 92 | 120 | 1,223 |
Income | -280 | 63 | 117 | -129 |
Current transfers | -1,335 | -124 | -124 | -2,428 |
Capital account | 206 | 17 | 17 | 203 |
Financial account | 16,473 | 1,956 | -3,587 | 155 |
Direct investment | -3,107 | -387 | 275 | -8,360 |
Portfolio investment | 9,274 | 814 | 1,176 | 4,398 |
Other investment | 9,697 | 2,043 | -5,078 | 2,514 |
Reserve assets | -494 | -273 | -271 | -491 |
Financial derivatives | 1,104 | -241 | 311 | 2,094 |
Errors and omissions | -13,480 | -2,191 | 3,144 | 905 |
More information Mira Malhotra tel. +358 9 1734 3411, and Pauliina Turunen tel. +358 9 1734 2958, email firstname.lastname(at)stat.fi