Published: 19 December 2013
General government debt decreased by EUR 4.7 billion in the third quarter of 2013
General government EDP debt, or consolidated debt at nominal prices, decreased by EUR 4.7 billion in the third quarter of 2013 and stood at EUR 105.5 billion at the end of quarter. Compared with the respective period of the year before, general government debt has increased by a total of EUR 6.4 billion. These data derive from Statistics Finland's statistics on general government debt by quarter.
General government debt by quarter
During the third quarter, central government debt diminished by EUR 4.5 billion, and stood at EUR 95.2 billion at the end of the quarter. During the quarter, the stock of central government's bonds decreased by EUR 1.7 billion, the stock of money market instruments by EUR 2.3 billion, and the stock of short-term loans by EUR 0.4 billion. The debt of local government, that is, municipalities and joint municipal boards, remained on level with the previous quarter, being EUR 14.9 billion. Internal general government debt grew by altogether EUR 0.3 billion.
General government debt by quarter describes general government’s debt to other sectors of the national economy and to the rest of the world, and its development is influenced by changes in both unconsolidated debt and internal general government debts. Consolidated general government debt is derived by deducting debts between units recorded under general government from unconsolidated gross debt. For this reason, general government debt is smaller than the combined debts of its sub-sectors.
Source: General government debt by quarter, Statistics Finland
Inquiries: Timo Ristimäki 09 1734 2324, Martti Pykäri 09 1734 3382, rahoitus.tilinpito@stat.fi
Director in charge: Leena Storgårds
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- Revisions in these statistics (19.12.2013)
Updated 19.12.2013
Official Statistics of Finland (OSF):
General government debt by quarter [e-publication].
ISSN=1799-8034. 3rd quarter 2013. Helsinki: Statistics Finland [referred: 19.4.2024].
Access method: http://www.stat.fi/til/jyev/2013/03/jyev_2013_03_2013-12-19_tie_001_en.html