Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Finland
FINB6CATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures Finland's balance of payments for transactions involving the acquisition or disposal of nonproduced, nonfinancial assets. It is an important indicator of Finland's international economic position and trade flows.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Finland tracks the net revenue Finland generates from international transactions related to assets like patents, copyrights, and natural resources. This provides insight into Finland's participation in global trade and exchange.
Methodology
The data is collected and reported by Finland's national statistical agency.
Historical Context
Policymakers and economists use this trend to assess Finland's competitiveness and external economic relationships.
Key Facts
- Finland's balance of payments for nonproduced nonfinancial assets was 144 million euros in 2021.
- The balance has been positive for Finland since 2010, indicating a net revenue inflow.
- This trend provides insight into Finland's participation in global technology and natural resource markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures Finland's balance of payments for transactions involving the acquisition or disposal of nonproduced, nonfinancial assets like patents, copyrights, and natural resources.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Finland's competitiveness and participation in global trade and exchange, which is important for policymakers and economists assessing the country's external economic relationships.
Q: How is this data collected or calculated?
A: The data is collected and reported by Finland's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Finland's international economic position and trade flows, which informs decisions around economic and trade policy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with some potential for minor delays in publication.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Finland
FINCPGRSE01GYM
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for Finland
CCUSSP01FIM650N
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 74 Years for Finland
LRUN74FEFIA156S
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Finland
FINB6FATC01CXCUQ
International Merchandise Trade Statistics: Imports: Commodities for Finland
XTIMVA01FIQ657S
Business Tendency Surveys: Employment: Economic Activity: Construction: Future Tendency for Finland
BCEMFT02FIM460S
Citation
U.S. Federal Reserve, Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Finland (FINB6CATT01CXCUQ), retrieved from FRED.