HELSINKI: The surplus on the trade account also pushed the current account into surplus in May 2015. The financial account showed net capital outflow, according to Statistics Finland.
In May, the current account showed a surplus of EUR 0.3 billion, which was mainly affected by the trade account being in surplus. The 12-month moving total of the current account was EUR 2.0 billion in deficit. In balance of payment terms, the trade account was EUR 0.6 billion in surplus in May. Goods exports amounted to EUR 4.6 billion and goods imports to EUR 4.0 billion in May.
In May, the primary income account showed a slight surplus. The services account and the secondary income account were in deficit in May. In May 2015, the outward capital flow on net from Finland was EUR 2.4 billion. Outward capital flow was particularly in the form of other investments, which include loans and deposits. Foreign investors invested EUR 2.6 billion in Finnish securities. Correspondingly, Finnish residents invested EUR 0.3 billion in foreign securities.
At the end of May 2015, the net international investment position was EUR 14.9 billion. At the end of May 2015, Finland had EUR 770.2 billion in foreign assets and EUR 755.3 billion in foreign liabilities.
