General government total revenue grew more than expenditure in the 1st quarter of 2007

According to Statistics Finland, general government revenue grew by 6.5 per cent in the first quarter of 2007 when comparing seasonally unadjusted data with the comparable data of the previous year. The revenue items that grew most were income tax, received social contributions and taxes on production and imports. General government expenditure grew by 4.5 pre cent. The expenditure items that grew the most were intermediate consumption, compensation of employees and gross capital formation. The general government is comprised of central government, local government and social security funds.

The data for the past two years are preliminary and will become revised as national accounts annual data are revised. In the figure the trend has been calculated with the Tramo/Seats method. The trend can become revised in the coming periods as the preliminary data are revised. As the time series of annual accounts are revised, the time series of this set of statistics are also revised. These data are based on the information on economic development available by 26 June 2007. The data will be next be revised in late September 2007.

General government total revenue and total expenditure 1999-2007

Source: General government revenue and expenditure, 1st quarter 2007. Statistics Finland

Inquiries: Mr Jouni Pulkka +358 9 1734 3532, rahoitus.tilinpito@stat.fi

Director in charge: Mr Ari Tyrkkö

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Last updated 29.6.2007

Referencing instructions:

Official Statistics of Finland (OSF): General government revenue and expenditure by quarter [e-publication].
ISSN=1797-9382. 1st quarter 2007. Helsinki: Statistics Finland [referred: 24.11.2024].
Access method: http://www.stat.fi/til/jtume/2007/01/jtume_2007_01_2007-06-29_tie_001_en.html