Home > Statistics > General government revenue and expenditure by quarter > 2010 > 1st quarter > Rising expenditure and falling revenue weakened general government’s financial position

Published: 30 June 2010

Rising expenditure and falling revenue weakened general government’s financial position

General government revenue decreased by 0.4 per cent in the first quarter of 2010 when comparing seasonally unadjusted data with corresponding data from the year before. The revenue items that decreased most were income tax and received social contributions. The revenue item that grew most was capital income. Respectively, general government expenditure rose by 3.9 per cent. The expenditure items that grew most were intermediate consumption, social benefits in cash and compensation of employees. The data derive from Statistics Finland’s quarterly statistics on general government revenue and expenditure.

General government total revenue and total expenditure 2000 - 2010

General government revenue contracted by EUR 0.1 billion. Expenditure increased by EUR 0.9 billion. Due to the fallen revenue and risen expenditure, the financial position (net lending) of general government weakened by EUR 1.0 billion from the respective quarter of the year before and stood at minus EUR 1.5 billion. General government is comprised of central government, social security funds and local government.

The data for the two latest years are preliminary and will become revised as annual national accounts data are revised. The trend shown in the Figures 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 28 June 2010. The data will next be revised in late September 2010.

Source: General government revenue and expenditure, 1st quarter 2010. Statistics Finland

Inquiries: Jouni Pulkka (09) 1734 3532, Teuvo Laukkarinen (09) 1734 3315, rahoitus.tilinpito@stat.fi

Director in charge: Ari Tyrkkö

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Figures

• Appendix figure 1. Social benefits other than social transfers in kind (30.6.2010)
• Appendix figure 2. Capital taxes (30.6.2010)
• Appendix figure 3. Actual social contributions (30.6.2010)
• Appendix figure 4. Current Taxes on Income, Wealth, etc. (30.6.2010)
• Appendix figure 5. Value Added Type Taxes (30.6.2010)
• Appendix figure 6. Taxes on Production and Imports (30.6.2010)

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Updated 30.06.2010