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

Latest publication: Financial accounts 2019, 3rd quarter

Published: 27 September 2019

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

Households’ financial assets grew by EUR 5.6 billion during the second quarter of 2019 amounting to EUR 319.3 billion. In turn, households’ debts declined by EUR 2.2 billion during the second quarter of 2019 dropping to EUR 166.8 billion. As a result of these changes, households' net financial assets increased by EUR 7.8 billion to EUR 152.5 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

Increase in debosits boosted households’ financial assets

During the second quarter of 2019, households increased their net investments in financial assets by EUR 4.1 billion. Households’ investments on net increased in deposits, quoted shares and mutual funds but decreased in debt securities. The overall level of financial assets increased mainly due to growth in deposits.

Households’ indebtedness ratio increased

Households’ loan debts increased by EUR 1.9 billion during the second quarter of 2019 rising to EUR 152.9 billion. Households' indebtedness ratio rose by 0.2 percentage points from the previous quarter to 128.0 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 grew

Non-financial corporations’ debt financing declined by EUR 1.7 billion during the second quarter of 2019 falling to EUR 246.0 billion. In the second quarter of 2019, non-financial corporations’ financing in the form of debt securities declined by EUR 0.2 billion to EUR 31.8 billion, while non-financial corporations' loan debts went down by EUR 1.5 billion to EUR 214.2 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 27.9.2019

Referencing instructions:

Official Statistics of Finland (OSF): Financial accounts [e-publication].
ISSN=1458-8145. 2nd quarter 2019. Helsinki: Statistics Finland [referred: 22.1.2020].
Access method: http://www.stat.fi/til/rtp/2019/02/rtp_2019_02_2019-09-27_tie_001_en.html