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Finland's current account slightly in deficit in February

Staff Writer | April 13, 2017
The current account in Finland was EUR 0.1 billion in deficit in February.
Bank of Finland
Finland   The primary income account was EUR 0.1 billion in surplus
The value of exports of goods and services grew by four percent and the value of imports by five percent from the previous year.

Capital flowed to Finland on net. The data appear from Statistics Finland's statistics on balance of payments and international investment position.

The current account was EUR 0.1 billion in deficit in February. The 12-month moving total of the current account was EUR 2.3 billion in deficit.

Of the sub-items of the current account, the trade account in balance of payment terms was in balance.

The value of goods exports in balance of payment terms grew by four percent year-on-year and totalled EUR 4.3 billion.

The value of goods imports in balance of payment terms also grew by four percent from twelve months back. The service account showed a deficit of EUR 0.2 billion.

The primary income account was EUR 0.1 billion in surplus. The primary income account includes investment income like interests and dividends. The secondary income account was EUR 0.1 billion in deficit.


 

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