Official Statistics of Finland

Indebtedness

Producer: Statistics Finland
Data:

Latest release:
Debts grew more than income in 2010
20 Jan 2012
During a decade, household-dwelling units debts have gone up by clearly more than their income. In 2010, household-dwelling units with debt rate of indebtedness, i.e. ratio of debts to disposable income, was 156 per cent, having been 108 per cent in 2002. In 2009, the rate of indebtedness was 153 per cent. Outstanding debts of household-dwelling units with debt grew by 4.9 per cent and their disposable monetary income by 2.6 per cent in 2010. Except for the youngest ones, household-dwelling units rate of indebtedness rose from the previous year in all age groups.

Next release:
27 Jun 2012

Description: Statistics on indebtedness describe the debts of private persons and household-dwelling units. The basic data for the statistics have been drawn from the Tax Administration�s database and combined with the data from total statistics on income distribution. The Tax Administration receives data on credits and interest by type of loan from the annual declarations of financial corporations and other credit providers. The total data on income distribution consists of register data covering the whole population. All of its data are collected from administrative registers. The register data are combined on the basis of the personal identity codes. The statistics on indebtedness are published only on the Internet. The released statistics describe the indebtedness of household-dwelling units and persons by gender, age, family type and area.
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Keywords: credit granting, credits, debts, household-dwelling units, households, housing loans, indebtedness, interest rates, loans, rate of indebtedness.
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Change: Change in the Official Statistics of Finland
30 Jan 2009

Referencing instructions:

Official Statistics of Finland (OSF): Indebtedness [e-publication].
Helsinki: Statistics Finland [referred: 28.5.2012].
Access method: http://www.tilastokeskus.fi/til/velk/index_en.html.

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