Finland - Current Account Balance
Finland: Current Account Balance
| Mnemonic | TAB.IFIN | |
|---|---|---|
| Unit | Mil. EUR, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | 227.84 % | |
| Data | Jan 2023 | 248 |
| Dec 2022 | -194 | |
Series Information
| Source | Statistics Finland |
| Release | Balance of Payments |
| Frequency | Monthly |
| Start Date | 1/31/1975 |
| End Date | 1/31/2023 |
Finland: Trade
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Balance of Goods | Jan 2023 | -327.67 | -411.59 | Mil. EUR, NSA | Monthly |
| Current Account Balance | Jan 2023 | 248 | -194 | Mil. EUR, NSA | Monthly |
| Exports of Goods | Jan 2023 | 6,244 | 6,768 | Mil. EUR, NSA | Monthly |
| Imports of Goods | Jan 2023 | 6,572 | 7,180 | Mil. EUR, NSA | Monthly |
| Exports of Goods and Services | 2022 Q4 | 30,276 | 31,153 | Mil. EUR, WDASA | Quarterly |
| Real Exports of Goods and Services | 2022 Q4 | 22,628 | 23,130 | Mil. Ch. 2015 EUR, WDASA | Quarterly |
| Imports of Goods and Services | 2017 | 85,226,000,000 | 79,350,000,000 | NCU | Annual |
| Real Imports of Goods and Services | 2017 | 84,525,000,000 | 81,650,000,000 | NCU | Annual |
Release Information
Balance of payments is a statistical statement that summarizes economic transactions among the residents of Finland and everyone else. Gross External Debt contains all stocks and liabilities in all sectors, instruments and maturities.
Active:
- Framework: IMF BPM6
- Measurement: Millions of euros (Mil. EUR)
- Adjustment: Not seasonally adjusted (NSA)
- Native frequency: Quarterly
- Start date: Uniformly 2006Q1
The Finnish Board of Customs collects and puts together the trade statistics. The additional EU trade is foudn using the customs declaration system. The Instra EU data is found using the EU Intrastat statistical system.
Travel and transport data is collected through various surveys. The comilation of the financial account is based on six surveys. The surveys are:
- Monthly BOP-survey on foreign assets and liabilities
- Annual BOP-survey on foreign assets and liabilities
- The Bank of Finland’s monthly survey by institutional sector for foreign security holdings and international securities' issues
- The Bank of Finland’s Monthly custodian survey for the holdings of securities
- The Bank of Finland’s survey on Investment fund balance sheet collects data from investment funds on a monthly basis on balance sheets and subscriptions and redemptions of investment fund shares
- Monetary financial institutions data collection
Definitions
- Gross external debt
- The outstanding amount of all actual current, and not contingent, liabilities that require payment(s) of principal and/or interest by the debtor at some point(s) in the future and that are owed to nonresidents by residents of an economy.
Moody's Analytics supplements
For the current account balance, we back-extend the as-reported NSA series (1975m1 to 2005m12) and construct an SA counterpart.
The statistics become final more than two years after the end of the reference year.
