Sat, 14 May, 2016 12:03:58 AM FTimes Report, May 14
Capital flowed to Finland, the data on balance of payments and international investment position show The current account showed a deficit of EUR 0.1 billion in March. Of the sub-items of the current account, the goods account in balance of payment terms was in balance. The 12-month moving total of the current account was EUR 0.4 billion in surplus. The exports of goods in balance of payment terms decreased to EUR 4.5 billion from EUR 5.0 billion in the year before.
The primary income account was EUR 0.1 billion in surplus. The primary income account includes investment income like interest rates and dividends. The secondary income account was EUR 0.2 billion in deficit.
Most outward capital flow on net was portfolio investments, EUR 6.1 billion as per the statistics. Finland's net international investment position was EUR -6.5 billion at the end of March as liabilities exceeded assets. The country had EUR 749.7 billion in foreign assets and EUR 756.3 billion in foreign liabilities. More News
|
|