Thu, 25 Sep, 2014 12:05:40 AM FTimes Report, Sept 25  Net international investment position by sector in 2006 to 2013, EUR billion. Source: Statistics Finland. The country’s net international investment weakened significantly last year for the consecutive second year, according to the Statistics Finland.
Finland’s decreasing net international investment position was mostly affected by the increase in Finnish portfolio investment liabilities in 2013.
In 2013, the net inward capital flow to Finland was EUR 2.5 billion.
At the end of the year, Finland’s net international investment position was EUR 17.7 billion, which was EUR 29.2 billion one year earlier.
Exchange rate and other valuation changes also lowered the net international investment position by EUR 9.0 billion.
Non-financial corporations’ net international investment position decreased the most, because portfolio investment liabilities grew by EUR 19.9 billion in 2013.
Foreign investors purchased Finnish securities to the total value of EUR 14.4 billion in 2013. Correspondingly, Finnish investors acquired foreign securities of the total value of EUR 9.0 billion. Inward portfolio investment amounted to EUR 5.4 billion on net.
At the end of 2013, direct investment assets on gross amounted to EUR 141.6 billion and liabilities to EUR 94.1 billion. During 2013, assets decreased by EUR 3.7 billion and liabilities by 9.7 billion.
In 2013, the current account showed a deficit of EUR 2.9 billion, while in 2012 it was EUR 3.9 billion in deficit.
The deficit was particularly affected by services and secondary-income account. In balance of payment terms, the trade account was mildly positive. The services account showed a deficit of EUR 1.7 billion.
More News
|
|
Finland Times
| Sunday, 04 May, 2025 |
|
Copyright © 2025 All rights reserved
|
||||
