Current account posts surplus in February

The current account was EUR 0.4 billion in surplus in February. The 12-month moving total of the current account was EUR 1.5 billion in surplus, according to the Statistics Finland.

Of the sub-items of the current account, the goods account in balance of payment terms was EUR 0.2 billion in surplus.

The value of goods exports in balance of payments terms increased by seven per cent year on year and was EUR 5.0 billion at the same time as the value of goods imports in balance of payments terms decreased by four per cent year on year to EUR 4.8 billion. The service account was in deficit.

The primary income account was EUR 0.7 billion in surplus. The secondary income account was EUR 0.2 billion in deficit.

In February, net capital outflow from Finland to abroad amounted to EUR 0.4 billion. Of the functional categories of the financial account, net capital outflow was highest in the form of portfolio investments, EUR 4.5 billion. Net capital inflow to Finland was highest in the form of other investments.