Households' loan stock increased moderately in the first quarter of 2023
Release related to topics:National economy
release | Financial accounts 2023, 1st quarterCorrection
The figures in the section on the local government sector have been corrected to the release published in 22.6.2023.
Read more about the correctionChange
The local government sector has been divided into sub-sectors S13131 Local government excl. wellbeing services county administration and S13132 Wellbeing services county administration on 1 January 2023. Local government data for 2023 may become more revised than usual.
Read more about the changeAccording to Statistics Finland, households’ loan debts increased in the first quarter of 2023 by EUR 0.2 billion from the previous quarter. Households' indebtedness ratio decreased by 1.6 percentage points. At the end of the first quarter of 2023, general government's net financial assets, i.e., the difference between assets and liabilities, amounted to EUR 163.4 billion. General government’s net financial assets went up by EUR 1.7 billion in total from the previous quarter.
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Key selections
- Wellbeing services counties started their activities as part of local government.
- Central government’s liabilities exceeded its assets by EUR 74.8 billion.
- Households' indebtedness ratio was 129.9 per cent.
Figures
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Shares and other equity held by employment pension schemes 2007Q1-2023Q1
Financial assets of households 2007Q1-2023Q1
Data revisions
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Revisions to the sectors' financial assets from the first publication, EUR million
Revisions to the sectors' debts from the first publication, EUR million
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- Debtor sector
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quarter
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Classifications used:
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- Sector
- Debtor sector
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year
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irregular
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Documentation
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Go to documentation of the statisticsReferencing instructions
Official Statistics of Finland (OSF): Financial accounts [online publication].
Reference period: 2023, 1st quarter. ISSN=1458-8145. Helsinki: Statistics Finland [Referenced: 5.11.2024].
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