General government debt grew by EUR 2.5 billion first quarter of 2024
release | General government debt by quarter 2024, 1st quarterAccording to Statistics Finland, general government EDP debt, i.e. consolidated gross debt at nominal prices amounted to EUR 213.2 billion in the first quarter of 2024 and grew by EUR 2.5 billion during the quarter. Relative to GDP, general government debt stood at 77.4 per cent. General government debt grew by EUR 14.5 billion compared to the respective period of the year before.
Key selections
- Central government debt grew by EUR 4.7 billion during the first quarter of 2024.
- The local government sector's debt decreased by EUR 1.4 billion.
- The debt of social security funds decreased by EUR 1.1 billion.
Central government debt grew by EUR 4.7 billion
During the first quarter, central government debt grew by EUR 4.7 billion and was EUR 178.9 billion at the end of the quarter. The stock of long-term bonds increased by EUR 6.3 billion and the stock of short-term debt instruments with a maturity of under one year decreased by EUR 0.3 billion. The stock of short-term loans decreased by EUR 1.5 billion and the stock of long-term loans increased by EUR 0.4 billion.
Local government sector’s debt decreased by EUR 1.4 billion
Local government sector's debt decreased by EUR 1.4 billion during the first quarter of 2024 totalling to EUR 35.0 billion at the end of the quarter. The local government sector’s stock of long-term loans fell by EUR 1.2 billion during the quarter and was EUR 32.1 billion at the end of the first quarter.
Social security funds' debt decreased by EUR 1.1 billion
Social security funds' debt decreased by EUR 1.1 billion, mainly due to a decrease in short-term loans and stood at EUR 1.6 billion at the end of the first quarter of 2024.
Central government's EDP debt differs as a concept from the central government debt published by the State Treasury
Tables
General government debt by quarter, EUR million
Central government guarantees, EUR million
Data revisions
Revision of general government debt from the first publication, EUR million
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