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Finland's description of the quality, source data and methodologies of statistics used as the basis for MIP indicators

 

The economic development, the stability of macroeconomics and competitiveness of EU Member States are monitored with the MIP scoreboard consisting of indicators as part of the Macroeconomic Imbalances Procedure or MIP of the union. The Commission reports annually on the economic development to the parliament, council and to the European Economic and Social Committees (Alert Mechanism Report).

In the national quality reports, the Member States describe the quality, source data and methodologies of statistics used as the basis for MIP indicators. The following quality report describes the Finnish financial accounts on which the following MIP indicators are based: private sector debt (consolidated) in % of GDP, and year-on-year changes in total financial sector liabilities.

More detailed information about the MIP scoreboard:
http://ec.europa.eu/economy_finance/economic_governance/macroeconomic_imbalance_procedure/mip_scoreboard/index_en.htm

Description of the quality, source data and methodologies of statistics used as the basis for MIP indicators concerning Finnish financial accounts, (MIP_quality_report_Finland.pdf).

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Last updated 11.1.2018