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

Latest publication: Financial accounts 2019, 2nd quarter

Published: 28 June 2019

Households’ net financial assets increased in the first quarter of 2019

Households’ financial assets increased by EUR 10.4 billion during the first quarter of 2019 rising to EUR 313.4 billion. In turn, households’ debts increased by EUR 4.2 billion during the first quarter of 2019 rising to EUR 172.1 billion. As a result of these changes, households' net financial assets increased by EUR 6.2 billion to EUR 141.3 billion. Net financial assets refer to the difference between financial assets and liabilities. These data derive from Statistics Finland’s financial accounts statistics.

Change from the previous quarter in households’ net financial assets

Change from the previous quarter in households’ net financial assets

Holding gains boosted households’ financial assets

During the first quarter of 2019, households increased their net investments in financial assets by EUR 4.6 billion. Households' net investments increased in deposits and mutual funds and decreased in debt securities and quoted shares.

Even though households' net investments in financial assets increased, holding gains, in particular, helped raise the total level of financial assets.

Households’ indebtedness ratio increased

Households’ loan debts increased by EUR 1.2 billion during the first quarter of 2019 rising to EUR 154.4 billion. Households' indebtedness ratio rose by 0.7 percentage points from the previous quarter to 129.3 per cent. Households' indebtedness ratio is calculated as the ratio of their loan debts at the end of a quarter to their total disposable income during the preceding four quarters.

Non-financial corporations’ debt financing increased

Non-financial corporations’ debt financing increased by EUR 10.8 billion during the first quarter of 2019 rising to EUR 247.9 billion. Non-financial corporations’ financing in the form of debt securities grew by EUR 3.9 billion to EUR 32.2 billion in the first quarter of 2019, while non-financial corporations' loan debts went up by EUR 7.0 billion to EUR 215.7 billion. Debt financing refers to the total of loan debts and financing in the form of debt securities


Source: Financial accounts, Statistics Finland

Inquiries: Tuomas Koivisto 029 551 3329, rahoitus.tilinpito@stat.fi

Director in charge: Ville Vertanen

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Updated 28.6.2019

Referencing instructions:

Official Statistics of Finland (OSF): Financial accounts [e-publication].
ISSN=1458-8145. 1st quarter 2019. Helsinki: Statistics Finland [referred: 20.10.2019].
Access method: http://www.stat.fi/til/rtp/2019/01/rtp_2019_01_2019-06-28_tie_001_en.html