Home > Statistics > General government financial accounts > 2015 > 2nd quarter > General government net financial assets did not change much in the second quarter of 2015

Published: 30 September 2015

General government net financial assets did not change much in the second quarter of 2015

At the end of the second quarter of 2015, general government's net financial assets, i.e. difference between their financial assets and liabilities, amounted to EUR 122.2 billion. During the quarter, general and local government's net financial assets grew by a total of EUR 2.4 billion. Employment pension schemes' net financial assets contracted by EUR 2.8 billion. General government's net financial assets decreased by EUR 0.4 billion. These data derive from general government financial accounts compiled by Statistics Finland.

General government’s net financial assets

Central government's net financial assets remained almost on level with the previous quarter, standing at EUR -59.4 billion at the end of the quarter.

The net financial assets of employment pension schemes and other social security funds declined by EUR 2.8 billion in the second quarter. At the end of the period, the difference between assets and liabilities was EUR 182.6 billion. In this quarter, holding gains did not continue growing. Just like in the previous quarter, employment pension schemes' net investments in both mutual fund shares and quoted shares were negative. By contrast, employment pension schemes' investments in deposits grew.

Source: General government financial accounts, Statistics Finland

Inquiries: Teuvo Laukkarinen 029 551 3315, Timo Ristimäki 029 551 2324, rahoitus.tilinpito@stat.fi

Director in charge: Ville Vertanen

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Appendix tables

• Appendix table 1. General government financial assets, liabilities and net assets, EUR billion (30.9.2015)

Figures

• Appendix figure 1. Shares and other equity held by employment pension schemes (30.9.2015)
• Appendix figure 2. Financial assets of central government (30.9.2015)

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Updated 30.09.2015