Balance of payments, September 2013

Current account

Current account posted a deficit of EUR 0.2 bn in September, compared to a surplus of EUR 0.1 bn a year earlier The cumulative current account for the past 12 months posted a deficit of EUR 1.7 bn..

• In balance of payment terms, the trade account posted a deficit of EUR 0.2 bn in September

Financial account

Investment was outward on net, in the amount of EUR 3.1 bn.

• Direct investment was EUR 1.0 bn outward on net.
• Portfolio investment was EUR 1.9 bn inward on net.
• Other investment (loans, deposits and trade credits)was EUR 4.4 outward on net.

Net international investment position at end-September

Foreign assets exceeded foreign liabilities by EUR 29 bn.

• Finnish residents' foreign assets totalled EUR 618 bn.
• Finnish residents' foreign liabilities totalled EUR 589 bn.

Net international investment position excluding equity items was a negative EUR 67 bn.