This set of statistics has been discontinued.

Statistical data on this topic are published in connection with another set of statistics.

Data published after 5 April 2022 can be found on the renewed website.

This page is archived.

Published: 22 December 2016

Government sector’s net financial assets on the rise in the third quarter of 2016

At the end of the third quarter of 2016, general government's net financial assets, i.e. the difference between their assets and liabilities, amounted to EUR 114.3 billion. During the quarter, the net financial assets of central government increased by EUR 1.4 billion. Local government's net financial assets contracted by EUR 0.1 billion. The net financial assets of employment pension schemes and social security funds were growing, up by EUR 4.0 billion. In total, general government's net financial assets went up by EUR 5.3 billion. These data derive from general government financial accounts compiled by Statistics Finland.

General government’s net financial assets

General government’s net financial assets

Central government's net financial assets grew by EUR 1.4 billion from the previous quarter's level, being EUR -67.0 billion at the end of the quarter. Central government's assets rose and liabilities fell during the quarter, which resulted in a rise in net financial assets. Of assets, quoted shares were rising, of liabilities, short-term securities were falling.

Local government's net financial assets contracted by EUR 0.1 billion. Both local government's assets and liabilities went down. Assets went down slightly more than liabilities, which led to a slight fall in net financial assets. Net financial assets stood at EUR -1.4 billion at the end of the quarter. Of assets, the other assets item was falling, of liabilities, trade credits and the other liabilities item were falling.

Employment pension schemes' net financial assets were EUR 180.8 billion at the end of the period, rising by EUR 3.9 billion from the previous quarter. Most of the rise in employment pension schemes' net financial assets has come from mutual fund shares and shares, mainly due to holding gains. New investments flowed to funds and shares on net as well, similarly as to deposits. Assets were withdrawn from debt securities and lending. Employment pension schemes' financial assets totalled EUR 185.9 billion in the third quarter.

Other social security funds' assets and liabilities rose somewhat from the previous quarter. However, net financial assets remained unchanged, at EUR 1.9 billion.

Source: General government financial accounts, Statistics Finland

Inquiries: Lea Vuorinen 029 551 3642, Henna Laasonen 029 551 3303,

Director in charge: Ville Vertanen

Publication in pdf-format (229.2 kB)


Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

Appendix tables


Updated 22.12.2016

Referencing instructions:

Official Statistics of Finland (OSF): General government financial accounts [e-publication].
ISSN=1798-1964. 3rd quarter 2016. Helsinki: Statistics Finland [referred: 16.7.2024].
Access method: