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National economyThe current account was in balance in the fourth quarter of 2022
release | Balance of payments and international investment position 2022, 4th quarterAccording to Statistics Finland, the current account was in balance in the fourth quarter of 2022. The value of goods exports in balance of payments terms increased by 12 % year-on-year. The value of goods imports increased by 11 % year-on-year. The balance of goods and services was EUR 0.2 billion in deficit. The primary income account was in surplus. The net international investment position weakened compared to the previous quarter.
Key points
- The current account was in balance in the fourth quarter of 2022.
- The balance of goods and services was EUR 0.2 billion in deficit.
- Primary income account was EUR 0.9 billion in surplus.
- Net capital inflow from Finland to abroad amounted to EUR 13.3 billion.
- The net international investment position weakened compared to the previous quarter.
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