Indebtedness

Producer: Statistics Finland
Homepage: http://www.stat.fi/til/velk/index_en.html
Main topic: Income and Consumption
Related topics: National AccountsFinancing and Insurance
Official Statistics of Finland (OSF): Yes
European Statistical System (ESS): No

Description

Statistics on indebtedness describe the debts of private persons and household-dwelling units. The basic data for the statistics have been drawn from the Tax Administration�s database and combined with the data from total statistics on income distribution. The Tax Administration receives data on credits and interest by type of loan from the annual declarations of financial corporations and other credit providers. The total data on income distribution consists of register data covering the whole population. All of its data are collected from administrative registers. The register data are combined on the basis of the personal identity codes. The statistics on indebtedness are published only on the Internet. The released statistics describe the indebtedness of household-dwelling units and persons by gender, age, family type and area.

Data content

Indebtedness of private persons and household-dwelling units. The target population are household-dwelling units. Institutional households are excluded. The basic data are confidential.

Classifications used

Age, family type, gender, type of debt and rate of indebtedness of income recipients and household-dwelling units, as well as regional classifications.

Data collection methods and data sources

Tax Administration’s database: register data covering the entire population. It also includes persons deceased during the tax year and persons resident abroad if they have been taxed in Finland by virtue of the income tax act.