Balance of payments, September 2010

Current account

• The current account posted a surplus of EUR 0.4 bn, compared to a surplus of EUR 0.2 bn in September 2009.
• In BOP terms, there was a surplus of EUR 0.1 bn in the balance of trade. Compared to September 2009, exports increased by a quarter and imports increased by a good sixth. In January-September 2010, the accumulated trade surplus in BOP terms was EUR 1.7 bn, compared to a surplus of EUR 1.8 bn in the corresponding period last year.

Financial account

• Investment was inward on net, in the amount of EUR 1.7 bn.
• Direct investment inflows and outflows were of equal magnitude.
• Portfolio investment was outward on net, in the amount of EUR 0.9 bn.
• Other investment (loans, deposits and trade credits) was inward on net, in the amount of EUR 2.0 bn.

Net international investment position at 
end-September

• Foreign assets exceeded foreign liabilities by EUR 8 bn.
• Finnish residents’ foreign assets totalled EUR 537 bn.
• Finnish residents’ foreign liabilities totalled EUR 530 bn.
• Net international investment position – excluding equity items – was a negative EUR 46 bn.

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