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Published: 6 October 2006

Growth in general government financial assets decelerated in the second quarter of 2006

General government financial assets grew by slightly over EUR 2 billion during the second quarter of 2006. Central government and local government financial assets grew by EUR 3.2 billion and EUR 0.5 billion respectively, while the financial assets of employment pension schemes decreased by EUR 1.6 billion. As general government debt grew slightly more than assets, there was a EUR 0.7 billion decrease in net financial assets.

A general drop in share prices lowered the value of central government and employment pension schemes' fund and share investments. For central government, however, the growth in the value of deposits was greater than this fall. Employment pension schemes continued to increase their investments in shares and funds.

The figures for all quarters of 2005 and the first quarter of 2006 have been revised in the September calculation, which has resulted in some changes particularly in the figures for local government and social security funds.

The value of social security funds' financial assets: shares and other equity 1998-2006

Source: General government financial accounts. Statistics Finland

Inquiries: Mr Matti Okko +358 9 1734 3341, Ms Reetta Varjonen +358 9 1734 3533,

Director in charge: Mr Ari Tyrkkö


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Last updated 6.10.2006

Referencing instructions:

Official Statistics of Finland (OSF): General government financial accounts [e-publication].
ISSN=1798-1964. 2nd quarter 2006. Helsinki: Statistics Finland [referred: 24.4.2024].
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