General government expenditure grew more than revenue in the 1st quarter of 2008

General government revenue grew by 4.2 per cent in the first quarter of 2008 when comparing seasonally unadjusted data with comparable data from the year before. The revenue items that grew most were income tax, property income, and taxes on production and imports. General government expenditure grew by 5.9 per cent. The expenditure items that grew most were social benefits in cash, gross capital formation, compensation of employees and intermediate consumption. General government is comprised of central government, local government and social security funds. The data derive from Statistics Finland's quarterly statistics on general government revenue and expenditure.

The data for the two latest years are preliminary and will become revised as annual national accounts 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 preliminary data are revised. As the time series of annual accounts become revised, the time series of this set of statistics will also be revised. These data are based on the information on economic development available by 26 June 2008. The data will next be revised in late September 2008.

General government total revenue and total expenditure 2000-2008

Source: General government revenue and expenditure, 1st quarter 2008. 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 27.6.2008

Referencing instructions:

Official Statistics of Finland (OSF): General government revenue and expenditure by quarter [e-publication].
ISSN=1797-9382. 1st quarter 2008. Helsinki: Statistics Finland [referred: 21.11.2024].
Access method: http://www.stat.fi/til/jtume/2008/01/jtume_2008_01_2008-06-27_tie_001_en.html