Home > Statistics > General government financial accounts > 2015 > 1st quarter > General government net financial assets increased due to employment pension schemes in the first quarter of 2015

Published: 30 June 2015

General government net financial assets increased due to employment pension schemes in the first quarter of 2015

At the end of the first quarter of 2015, general government's net financial assets, i.e. the difference between their financial assets and liabilities, amounted to EUR 120.9 billion. During the quarter, central and local government's net financial assets decreased by a total of EUR 1.9 billion, but as a result of holding gains collected by employment pension schemes, the combined general government net financial assets grew by EUR 10.0 billion. These data derive from general government financial accounts compiled by Statistics Finland.

General government’s net financial assets

Even though the increase in the market value of shareholdings boosted central government's assets in the first quarter, increased liabilities depressed central government's net financial assets from EUR -59.2 billion to EUR -61.6 billion in the first quarter of the year.

The financial assets of employment pension schemes and other social security funds grew by EUR 12.0 billion in the first quarter. At the end of the period, the difference between assets and liabilities was EUR 184.7 billion. Just as in the three previous quarters, the assets of employment pension schemes were boosted by holding gains. During the quarter, employment pension schemes' net investments in both mutual fund shares and quoted shares were negative.

Source: General government financial accounts, Statistics Finland

Inquiries: Martti Pykäri 029 551 3382, Timo Ristimäki 029 551 2324, rahoitus.tilinpito@stat.fi

Director in charge: Leena Storgårds

Publication in pdf-format (229.2 kB)

Tables

Tables in databases

• Database tables and their variables (Financial accounts)
• Database tables and link to archive base (Financial accounts)
• Achive database (General government financial accounts)

Appendix tables

• Appendix table 1. General government financial assets, liabilities and net assets, EUR billion (30.6.2015)

Figures

• Appendix figure 1. Shares and other equity held by employment pension schemes (30.6.2015)
• Appendix figure 2. Financial assets of central government (30.6.2015)

---

Updated 30.06.2015