Official Statistics of Finland

General government financial accounts

Producer: Statistics Finland
Data:

Latest release:
General governments net financial assets increased in the first quarter of 2021
24 Jun 2021
At the end of the first quarter of 2021, general government's net financial assets, i.e. the difference between assets and liabilities, amounted to EUR 160.1 billion. Net financial assets went up by EUR 7.9 billion from the previous quarter. The growth was mainly due to holding gains of employment pension schemes. These data derive from general government financial accounts compiled by Statistics Finland.

Description: General government financial accounts describe financial assets and liabilities of general government and financial transactions with an effect on their volumes by quarter. Financial accounts consist of two parts: financial balance at the end of the quarter and financial transactions during the quarter directed to financial assets and liabilities. The statistics also include data on general government sub-sectors, which are central government and local government sectors and social security funds. Quarterly data are con-sistent with the annual calculations of financial accounts. Consequently, with regard to balances the figure for the last quarter of the year corresponds to the annual figure, while the annual flow can be calculated by summing up the flows of the quarters. Small differences due to updating timetables may occur for the latest years, however.
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Keywords: capital, debts, financial accounts, financial balance sheet, general government, government finance, municipal finances, national accounts, public sector, social security funds.
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Change: Responsibility for collecting economic data on municipalities and joint municipal authorities transferred to the State Treasury
28 Jun 2021
The responsibility for collecting quarterly data on the finances of municipalities and joint municipal authorities was transferred from Statistics Finland to the State Treasury in early 2021: Quarterly local government finances published for the first time on the Exploreadministration.fi service.

Referencing instructions:

Official Statistics of Finland (OSF): General government financial accounts [e-publication].
ISSN=1798-1964. Helsinki: Statistics Finland [referred: 3.8.2021].
Access method: http://www.stat.fi/til/jyrt/index_en.html