Published: 20 December 2012
General government debt decreased by EUR 1.3 billion in the third quarter of 2012
General government EDP debt, or consolidated debt at nominal prices, decreased by EUR 1.3 billion in the third quarter of 2012 and stood at EUR 99.0 billion at the end of September. Compared with the respective period of the year before, general government debt has increased by EUR 9.2 billion. These data derive from Statistics Finland's statistics on general government debt by quarter.
General government debt by quarter
During the third quarter, central government debt decreased by EUR 1.5 billion and was EUR 91.0 billion at the end of September. During the quarter, the stock of bonds issued by central government fell by EUR 1.3 billion, and the stock of both short and long-term loans by EUR 0.2 billion. Local government debt, that is, the debt of municipalities and joint municipal boards, rose by EUR 0.3 billion, and stood at EUR 12.8 billion at the end of the quarter.
General government debt by quarter describes general government’s debt to other sectors of the national economy and to the rest of the world, and its development is influenced by changes in both unconsolidated debt and internal general government debts. Consolidated general government debt is derived by deducting debts between units recorded under general government from unconsolidated gross debt. For this reason, general government debt is smaller than the combined debts of its sub-sectors.
Source: General government debt by quarter, Statistics Finland
Inquiries: Timo Ristimäki 09 1734 2324, Martti Pykäri 09 1734 3382, rahoitus.tilinpito@stat.fi
Director in charge: Ari Tyrkkö
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Appendix tables
Updated 20.12.2012
Official Statistics of Finland (OSF):
General government debt by quarter [e-publication].
ISSN=1799-8034. 3rd quarter 2012. Helsinki: Statistics Finland [referred: 21.11.2024].
Access method: http://www.stat.fi/til/jyev/2012/03/jyev_2012_03_2012-12-20_tie_001_en.html