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

Latest publication: General government debt by quarter 2020, 4th quarter

Published: 1 July 2011

General government debt fell in the first quarter of 2011

In the first quarter of 2011, general government debt went down by EUR 2.3 billion and at the end of March stood at EUR 84.6 billion, of which central government debt accounted for EUR 77.1 billion and local government debt for EUR 11.2 billion. General government debt is consolidated debt, which means that it excludes debt items between sub-sectors. For this reason general government debt is smaller than the combined debts of its sub-sectors.

General government debt by quarter

General government debt by quarter

The decreasing general government debt in the first quarter of 2011 was mainly due to that central government debt went down by EUR 2.0 billion. The decrease in debt was especially caused by short-term debt securities net amounting to EUR 3.6 billion. Central government short-term loans also went down by EUR 0.8 billion. By contrast, bonds were issued to the net amount of EUR 2.3 billion. At the end of March, the nominal value of bonds issued was EUR 64.7 billion.

The unconsolidated gross debt of local government, that is, municipalities and joint municipal boards, went down by EUR 0.5 billion in the first quarter of the year. Local government long-term loans decreased by EUR 0.2 billion and stood at EUR 9.6 billion at the end of the quarter.

Source: General government debt by quarter, Statistics Finland

Inquiries: Anu Heikkilä (09) 1734 2309, Timo Ristimäki (09) 1734 2324, rahoitus.tilinpito@stat.fi

Director in charge: Ari Tyrkkö

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Tables in databases

Appendix tables

Updated 1.7.2011

Referencing instructions:

Official Statistics of Finland (OSF): General government debt by quarter [e-publication].
ISSN=1799-8034. 1st quarter 2011. Helsinki: Statistics Finland [referred: 10.5.2021].
Access method: http://www.stat.fi/til/jyev/2011/01/jyev_2011_01_2011-07-01_tie_001_en.html