Statistics 15 June 2010 12:00 AM

Finland’s balance of payments in April 2010

Current account

  • In April 2010, current account showed a deficit of EUR 263 million, compared with a deficit of EUR 256 million in April 2009.
    • In BOP terms, goods account was EUR 557 million in surplus.
    • Dividends paid abroad on portfolio investment amounted to about EUR 0.8 billion on net, ie roughly the same as in April 2009.
 Portfolio investments

Financial account

  • Net outflow of EUR 2.5 billion in investment capital.
    • Net inflow of EUR 0.1 billion in direct investment.
    • Net inflow of EUR 1.8 billion in portfolio investment.
    • Net outflow of EUR 5.4 billion in other investment (loans, deposits and trade credits).
 Corporate foreign liabilities

Net international investment position (niip) at the end of april

  • Finland’s NIIP negative, in the amount of EUR 5 billion.
    • Finnish residents’ foreign assets EUR 478 billion.
    • Finnish residents’ foreign liabilities EUR 482 billion.
  • Finland’s NIIP excluding equity items negative, in the amount of EUR 45 billion.
 Trade and current account

Finland's balance of payments

 

Year 2009,
EUR million

 March 2010,
EUR million		 April 2010,
EUR million		 12 month moving sum, EUR million
Current account 2,263 -316 -263 2,052
    Goods 3,541 -64 558 3,047
    Services 1,506 17 36 1,671
    Income -1,118 -123 -689 -984
    Transfers -1,665 -146 -168 -1,681
Capital account 145 12 12 145
Financial account 13,654 4,947 -2,456 5,292
    Direct investment -70 116 77 1,539
    Portfolio investment -502 1 933 1,815 4,252
    Other investment 12,067 2,828 -5,411 -1 575
    Reserve assets -614 -39 641 -258
    Financial derivatives 2,773 108 422 1,333
Errors and omissions -16,062 -4,643 2,707 -7,489

 The statistics become final more than two years after the end of the reference year.

For more information, please contact: Anne Turkkila tel. +358 10 831 2175, email firstname.surname(at)bof.fi