Published: 31 March 2011
At the end of the last quarter of 2010, general government net financial assets, that is, the difference between financial assets and liabilities amounted to EUR 115.1 billion, which is EUR 2.2 billion more than at the end of the third quarter.
General government net financial assets
Social security funds’ net financial assets stood at EUR 137.7 billion at the end of the last quarter, which is EUR 5.2 billion more than at the end of the third quarter. Local government's net financial assets totalled EUR 0.2 billion, having decreased by EUR 0.8 billion during the last quarter. Central government's net financial assets decreased by EUR 2.2 billion to EUR -22.7 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 1.8 billion of their assets in shares and holdings and EUR 1.0 billion in money market instruments.
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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