Balance of payments, December 2010

Current account in December 2010 EUR 0.8 bn in surplus, ie EUR 0.2 bn higher than a year earlier.
In BOP terms, trade account EUR 0.3 bn in surplus. A year earlier exports and imports were equal and BOP trade account was in balance.
Current account for 2010 as a whole EUR 5.2 in surplus,¹ ie EUR 0.5 bn higher than in 2009 and EUR 0.2 lower than in 2008.

Trade and current account

Net capital outflow of EUR 3.9 bn.
Net outflow of EUR 1.4 bn in direct investment.
Net outflow of EUR 11.6 bn in portfolio investment.
Net inflow of EUR 8.8 bn in other investment (loans, deposits and trade credits).

Portfolio investments

Finnish resident’s foreign assets exceeded foreign liabilities by EUR 10 bn.
Foreign assets totalled EUR 533 bn.
Foreign liabilities totalled EUR 523 bn.
Net international investment position excluding equity items was a negative EUR 47 bn.

Net international investment position

Finland's balance of payments

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

¹ Data on trade in goods and services for 2008 and 2009 differ from Statistics Finland’s data due to different revision methods.

More information
Anne Turkkila tel. +358 10 831 2175, email firstname.lastname(at)bof.fi

The next balance of payments bulletin will be published at 10.00 am on 15 March 2011.