Published: 17 December 2010
At the end of the third quarter of 2010, general government net financial assets, that is, the difference between financial assets and liabilities, amounted to EUR 110.6 billion, which is EUR 3.2 billion more than at the end of the second quarter.
General government net financial assets
Social security funds’ net financial assets stood at EUR 132.1 billion at the end of the third quarter, which is EUR 5.8 billion more than at the end of the second quarter. Local government's net financial assets totalled EUR 0.6 billion, having decreased by EUR 0.9 billion during the third quarter. Central government's net financial assets decreased in the third quarter by EUR 1.7 billion to EUR -22.1 billion. The strong growth of the net financial assets of social security funds was mainly due to risen market values of the shares and equity held by employment pension schemes. At the same time employment pension schemes invested EUR 1.9 billion of their assets in shares and holdings. The biggest increase was in investments in mutual fund shares, into which EUR 1.4 billion of new capital was invested.
Source: General government financial accounts, Statistics Finland
Inquiries: Timo Ristimäki (09) 1734 2324, Anu Heikkilä (09) 1734 2309, firstname.lastname@example.org
Director in charge: Ari Tyrkkö
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