Balance of payments November 2012
Current accountThe current account posted a surplus of EUR 0.2 bn in November 2012, compared to a deficit of EUR 0.1 bn a year earlier. The aggregate current account for the past 12 months was EUR 3.1 bn in deficit.
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 balance of payments statistics as services expenditure, 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 accountThere was net capital inflow of EUR 0.2 bn.
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Net international investment position at end-NovemberForeign assets exceeded foreign liabilities by EUR 19 bn.
Net international investment position – excluding equity items – was a negative EUR 67 bn. |
Finland's balance of payments
Year 2011, EUR million |
October 2012, EUR million |
November 2012, EUR million |
12 month moving sum, EUR million | |
Current account | -3,052 | -49 | 198 | -3,133 |
Goods | -1,436 | -5 | 406 | 359 |
Services | 313 | 109 | 129 | -767 |
Income | -286 | 59 | -125 | -1,189 |
Current transfers | -1,643 | -212 | -212 | -1,536 |
Capital account | 198 | 17 | 17 | 198 |
Financial account | 10,271 | -597 | 222 | 12,247 |
Direct investment | -1,578 | -714 | 830 | -1,733 |
Portfolio investment | 9,225 | 3,889 | 1,573 | 9,326 |
Other investment | 2,319 | -3,691 | -1,891 | 4,624 |
Reserve assets | -320 | 47 | 24 | -264 |
Financial derivatives | 624 | -128 | -313 | 293 |
Errors and omissions | -7,416 | 630 | -437 | -9,312 |
More information Anne Turkkila tel. +358 10 831 2175, email firstname.lastname(at)bof.fi