Government Finance

Central government budget

  Balance
sheet
Budget 1) Budget
proposal
Change  
  2016 2017 2018 2017–2018
  € million € million € million € million %
Revenue           
Taxes and other levies 41 787 41 663 43 997 2 334 6
– on income and property 13 261 13 149 14 498 1 349 10
– on turnover 18 065 18 111 18 896 785 4
– excise duties 7 195 7 190 7 378 188 3
– other taxes 3 154 3 077 3 107 30 1
– other levies 113 136 118 -18 -13
Miscellaneous revenues 5 615 5 298 5 522 224 4
Interest income, income from sale of shares and profits entered as income 1 638 2 485 2 769 284 11
Loans, net 2 971 6 045 3 386 -2 659 -44
Total 52 012 55 492 55 675 183 0
Expenditure          
Parliament 160 180 125 -55 -31
President of the Republic 11 14 19 5 39
Prime Minister's Office 205 211 210 -1 -0
Ministry for Foreign Affairs 1 055 1 079 1 092 13 1
Ministry of Justice 924 917 941 24 3
Ministry of the Interior 1 974 1 520 1 464 -56 -4
Ministry of Defence 2 801 2 830 2 872 42 1
Ministry of Finance 17 373 17 026 17 195 169 1
Ministry of Education and Culture 6 709 6 759 6 585 -175 -3
Ministry of Agriculture and Forestry 2 535 2 584 2 595 10 0
Ministry of Transport and
Communications
2 963 3 228 3 363 135 4
Ministry of Economic Affairs and
Employment
2 974 3 050 2 842 -209 -7
Ministry of Social Affairs and Health 13 011 14 599 14 961 361 2
Ministry of the Environment 203 187 181 -6 -3
Rents on State debt 1 521 1 308 1 232 -76 -6
Total 54 419 55 492 55 675 183 0

1) Incl. supplementary budget

Source: Government's Budget Proposal

Table in Excel format (xlsx)

Updated: 20.9.2017

General government deficit/surplus and debt

  Deficit (-) / surplus (+) (EDP) Debt (EDP)
  € million as % of GDP € million as % of GDP
1975 906 5,0 1 180 6,5
1980 1 262 3,7 3 773 11,2
1990 4 834 5,3 12 547 13,8
2000 9 341 6,9 57 926 42,5
2010 -4 883 -2,6 88 160 47,1
2011 -2 056 -1,0 95 490 48,5
2012 -4 362 -2,2 107 708 53,9
2013 -5 315 -2,6 114 801 56,5
2014 -6 597 -3,2 123 696 60,2
2015* -5 710 -2,7 133 235 63,6
2016* -3 775 -1,8 135 991 63,1

* preliminary data

Source:  Statistics Finland, General government deficit and debt

Table in Excel format (xlsx)

Updated: 5.10.2017

Taxes and tax-like payments 1)

  2011 2012 2013 2014 2015* 2016*
  At current prices, € million
Income taxes 29 334 29 202 30 797 31 479 32 371 32 933
Compulsory social security contributions 23 776 25 261 25 632 26 011 26 639 27 628
Taxes on property 2 138 2 361 2 599 2 719 3 017 3 066
Taxes on goods and services 27 240 28 186 29 430 29 572 29 801 31 265
Other taxes 262 259 230 246 246 262
Taxes and payments, total 82 750 85 269 88 688 90 027 92 074 95 154
  Relative to GDP, %
Income taxes 14,9 14,6 15,1 15,3 15,4 15,3
Compulsory social security contributions 12,1 12,6 12,6 12,7 12,7 12,8
Taxes on property 1,1 1,2 1,3 1,3 1,4 1,4
Taxes on goods and services 13,8 14,1 14,5 14,4 14,2 14,5
Other taxes 0,1 0,1 0,1 0,1 0,1 0,1
Taxes and payments, total 42,0 42,7 43,6 43,8 43,9 44,1

* preliminary data

1) Incl. general government and the institutions of the EU

Source:  Statistics Finland, Taxes and tax-like payments

Table in Excel format (xlsx)

Updated: 3.8.2017

Public development cooperation

  Net disbursements      
  Bilateral
cooperation
Multilateral
cooperation
Total  % of GNI
  € million € million € million  
1990 320,1 223,9 544,0 0,61
1991 398,2 234,3 632,5 0,75
1992 317,8 167,9 485,7 0,60
1993 232,9 108,8 341,7 0,42
1994 187,7 67,2 254,8 0,29
1995 161,7 123,5 285,2 0,30
1996 165,8 149,8 315,6 0,32
1997 174,6 156,0 330,5 0,30
1998 187,8 168,5 356,3 0,30
1999 225,9 165,0 390,9 0,31
2000 235,6 166,9 402,4 0,30
2001 250,6 183,8 434,4 0,30
2002 266,7 223,7 490,4 0,33
2003 273,2 221,1 494,3 0,33
2004 323,4 223,8 547,2 0,34
2005 480,1 245,6 725,7 0,44
2006 377,3 283,9 661,3 0,38
2007 426,6 290,2 716,9 0,38
2008 480,6 327,6 808,2 0,42
2009 568,1 358,4 926,5 0,51
2010 633,5 372,9 1 006,4 0,53
2011 615,7 395,5 1 011,2 0,51
2012 620,8 406,0 1 026,8 0,51
2013 618,0 463,1 1 081,1 0,53
2014 706,7 525,3 1 232,0 0,59
2015 629,1 532,0 1 161,1 *0,55
2016* 579,5 376,7 956,2 0,44

* preliminary data

Source:  Ministry of Foreign Affairs

Table in Excel format (xlsx)

Updated: 5.9.2017

 

Main topic: Government Finance

Last updated 5 Oct 2017