Official Statistics of Finland

General government financial accounts

Producer: Statistics Finland

Latest release:
General governments net financial assets increased in the last quarter of 2020
26 Mar 2021
At the end of the last quarter of 2020, general government's net financial assets, i.e. the difference between assets and liabilities, amounted to EUR 152.3 billion. Net financial assets went up by EUR 16.0 billion from the previous quarter. The growth was mainly due to holding gains of central government and employment pension schemes. These data derive from general government financial accounts compiled by Statistics Finland.

Description: General government financial accounts describe financial assets and liabilities of general government and financial transactions with an effect on their volumes by quarter. Financial accounts consist of two parts: financial balance at the end of the quarter and financial transactions during the quarter directed to financial assets and liabilities. The statistics also include data on general government sub-sectors, which are central government and local government sectors and social security funds. Quarterly data are con-sistent with the annual calculations of financial accounts. Consequently, with regard to balances the figure for the last quarter of the year corresponds to the annual figure, while the annual flow can be calculated by summing up the flows of the quarters. Small differences due to updating timetables may occur for the latest years, however.
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Keywords: capital, debts, financial accounts, financial balance sheet, general government, government finance, municipal finances, national accounts, public sector, social security funds.
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Change: Update of the European Manual on Government Deficit and Debt (MGDD[1]) brings changes to general government deficit and debt
10 Mar 2020
The Manual on Government Deficit and Debt was updated towards the end of 2019 and Statistics Finland has begun going through possible needs for revisions in national accounts it has brought.

Referencing instructions:

Official Statistics of Finland (OSF): General government financial accounts [e-publication].
ISSN=1798-1964. Helsinki: Statistics Finland [referred: 13.6.2021].
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