Official Statistics of Finland

General government deficit and debt

Producer: Statistics Finland
Data:

Latest release:
General government deficit 1.1 per cent and debt 59.4 per cent relative to GDP in 2019
21 Apr 2020
According to the revised preliminary data reported by Statistics Finland to Eurostat, general government deficit was 1.1 per cent relative to gross domestic product in 2019. The deficit was clearly below the reference value of the European Unions Stability and Growth Pact, which is three per cent relative to gross domestic product. General government EDP debt, or consolidated gross debt, was 59.4 per cent at the end of 2019 relative to gross domestic product. The ratio of debt to GDP is below the reference value of 60 per cent.

Next release:
21 Oct 2020

Description: These statistics contain data on the deficit and debt of government finance in Finland. Twice yearly the Member States of the European Union report data on their so-called EDP deficits and debts to the EU Commission. The data are used in the context of the EU’s Stability and Growth Pact to assess the state of government finances in the Member States. The reporting is a constituent part of what is known as the Excessive Deficit Procedure (EDP). The reported data are produced in compliance with the European System of Accounts (ESA 2010) and a separate EU Regulation. The data reported by the different Member States are comparable with each other.
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Keywords: central government debt, debts, general government, government debt, government finance, municipal finances, public sector, social security funds.
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Change: Update of the European Manual on Government Deficit and Debt (MGDD[1]) brings changes to general government deficit and debt
10 Mar 2020
The Manual on Government Deficit and Debt was updated towards the end of 2019 and Statistics Finland has begun going through possible needs for revisions in national accounts it has brought.

Referencing instructions:

Official Statistics of Finland (OSF): General government deficit and debt [e-publication].
ISSN=1799-5914. Helsinki: Statistics Finland [referred: 3.6.2020].
Access method: http://www.stat.fi/til/jali/index_en.html