Official Statistics of Finland

General government deficit and debt

Producer: Statistics Finland

Latest release:
General government deficit 3.3 per cent and debt 59.3 per cent relative to GDP in 2014
30 Sep 2015
According to revised preliminary data reported by Statistics Finland to Eurostat, general government deficit was 3.3 per cent relative to gross domestic product in 2014. Thus, the deficit exceeded the reference values of the European Unions Stability and Growth Pact, which is three per cent relative to gross domestic product. In contrast, general government EDP debt, or consolidated gross debt, remained below the reference value of 60 per cent, and was 59.3 per cent relative to GDP in 2014.

Next release:
Statistical releases will not be issued in English from these statistics in 2015.

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: Statistics on general government deficit and debt adopted the ESA 2010 system
30 Sep 2014
At the end of September, the European Union started using the new System of Accounts (ESA 2010).

Referencing instructions:

Official Statistics of Finland (OSF): General government deficit and debt [e-publication].
ISSN=1799-5914. Helsinki: Statistics Finland [referred: 26.11.2015].
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