Balance of payments, November 2011

Current account

The current account posted a surplus of EUR 0.3 bn, ie approximately as much as a year earlier.

• In BOP terms, there was a deficit of EUR 41 million on the balance of trade. A year earlier, there was a surplus of EUR 22 million.

Revised balance of trade data for 2010 will be published on 15 March 2012, in accord with the normal BOP revision schedule.

Financial account

Investment was inward on net, in the amount of EUR 2.9 bn.

• There was a EUR 0.3 bn net inflow of capital in the form of direct investment.
• Portfolio investment was inward on net, in the amount of EUR 2.6 bn.
• Other investments (loans, deposits and trade credits) resulted in a net capital outflow of EUR 0.2 bn.

Net international investment position at the end of November

The international investment position was a positive EUR 21 bn.

• Finnish residents’ foreign claims were EUR 652 bn.
• Finnish residents’ foreign liabilities were EUR 631 bn.

Finland's net international investment position excluding equity items was a negative EUR 49 bn.