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National economy

Accrued pension entitlements stood at EUR 822 billion at the end of 2019

Statistics:
Reference period:
2019
Published:
Next release:
Publication type:
release

According to Statistics Finland, the accrued pension entitlements of Finland’s statutory earnings-related pension scheme stood at EUR 821.8 billion, or 343 % elative to gross domestic product, at the end of 2019 with a real discount rate assumption of two per cent. The pension entitlements grew by EUR 21.3 billion from 2018. The pension entitlements of the earnings-related pension scheme of private branches were EUR 558.5 billion and those of public branches were EUR 263.3 billion.



Pension entitlements of public and private branches in 2019 with different discount rates in a horizontal bar chart. The discount rate used in the calculations is critical to the amount of pension entitlements in the earnings-related pension scheme. The lower the rate, the larger the amount of pension entitlements. The amount of pension entitlements of private branches was significantly higher than that of public branches in 2019.

Key points

  • The accrued pension entitlements of Finland’s earnings-related pension scheme stood at EUR 821.8 billion at the end of 2019.
  • The pension entitlements of private branches were EUR 558.5 billion and those of public branches were EUR 263.3 billion.
  • Pension entitlements grew by EUR 21.3 billion from 2018.

Tables

See key statistical data in the tables.
29.04.2022

Pension entitlements in the end of 2019

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Pension scheme
Updated:
29.04.2022

Background information

Documentation
Referencing instructions

Statistical experts

Inquiries primarily
Sonja Liukkonen
Senior Statistician
029 551 3810
Other experts
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