General government debt increased during the second quarter of 2006

General government debt according to EMU criteria stood at EUR 64.8 billion at the end of the second quarter of 2006. The growth of good EUR 4 billion came mainly from the growth in short-term government loans and bonds. The debt returned to the level where it was at the end of 2005 before the drop during the first quarter of 2006.

The figures for all quarters of 2005 and the first quarter of 2006 have been revised. The figures for both central and local government became revised from the figures published earlier. The biggest change can be seen in the last quarter of 2005, where the debt figure grew by roughly EUR 1.2 billion. In the last quarter of 2005, the GDP share of the EMU debt was 41.3 per cent. This figure is 0.2 percentage points higher than the figure published previously. The growth in the ratio was slowed down by the upwards revision of the figure for GDP. A corresponding change can also be seen in the figures for the first quarter of 2006.

General government debt and central government debt by quarter in 2002-2006

Source: Government debt. Statistics Finland

Inquiries: Mr Matti Okko +358 9 1734 3341, Ms Reetta Varjonen +358 9 1734 3533, rahoitus.tilinpito@stat.fi

Director in Charge: Mr Ari Tyrkkö

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Last updated 6.10.2006

Referencing instructions:

Statistics: General government debt by quarter [e-publication].
ISSN=1799-8034. 2nd quarter 2006. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/jyev/2006/02/jyev_2006_02_2006-10-06_tie_001_en.html