A more recent publication of this set of statistics is available.

Latest publication: General government financial accounts 2019, 2nd quarter

Published: 28 March 2019

General government’s net financial assets decreased in the fourth quarter of 2018

At the end of the fourth quarter of 2018, general government's net financial assets, i.e. the difference between assets and liabilities, amounted to EUR 122.5 billion. Net financial assets went down by EUR 18.2 billion from the previous quarter especially due to holding losses. The net financial assets of employment pension schemes went down in total by EUR 10.3 billion and the net financial assets of central government by EUR 4.8 billion. These data derive from general government financial accounts compiled by Statistics Finland.

General government’s net financial assets

General government’s net financial assets

Central government's net financial assets decreased by EUR 4.8 billion from the previous quarter's level being EUR -65.7 billion at the end of the quarter. Assets decreased by EUR 3.9 billion as quoted shares and the stock of long-term loans declined.

Local government's net financial assets fell by EUR 3.4 billion during the quarter. Assets contracted by EUR 0.6 billion and at the same time liabilities grew by EUR 2.8 billion. The liabilities stock of short-term and long-term loans was EUR 17.8 billion at the end of the quarter.

Employment pension schemes' net financial assets stood at EUR 189.7 billion at the end of the quarter. Employment pension schemes’ net financial assets fell by EUR 10.3 billion compared to the previous quarter. In the last quarter, holding losses were EUR 4.5 billion for quoted shares and EUR 5.1 billion for mutual fund shares.

Source: General government financial accounts, Statistics Finland

Inquiries: Aaro Hottinen 029 551 3231, Olli-Pekka Aaltonen 029 551 3090, rahoitus.tilinpito@stat.fi

Director in charge: Ville Vertanen

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Tables in databases

Appendix tables

Revisions in these statistics

Updated 28.03.2019

Referencing instructions:

Official Statistics of Finland (OSF): General government financial accounts [e-publication].
ISSN=1798-1964. 4th quarter 2018. Helsinki: Statistics Finland [referred: 10.12.2019].
Access method: http://www.stat.fi/til/jyrt/2018/04/jyrt_2018_04_2019-03-28_tie_001_en.html