Foreign trade in services
Foreign trade in services takes place when an economic actor (e.g. a business enterprise) resident in Finland and an economic actor resident abroad conduct trade in services. The exports of services generate income. The imports of services generate an expense item. The distinguishing criterion of foreign trade in services is that a domestic company receives compensation from a foreign economic actor for a service provided, or pays a foreign economic actor for a service it has provided.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)