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Published: 19 December 2008

General government expenditure grew more than revenue in the 3rd quarter of 2008

General government revenue grew by 4.8 per cent in the third quarter of 2008 when comparing seasonally unadjusted data with corresponding data from the year before. The revenue items that grew most were taxes on production and imports, income tax and social security contributions. Respectively, general government expenditure grew by 6.8 per cent. The expenditure items that grew most were social benefits in cash, compensation of employees and intermediate consumption. General government is comprised of central government, social security funds and local government. The data derive from Statistics Finland’s quarterly statistics on general government revenue and expenditure.

The data for the two latest years are preliminary and will become revised as annual national accounts data are revised. The trends shown in the figure have been calculated with the Tramo/Seats method. The trends can become revised in the coming periods as preliminary data are revised. As the time series of annual accounts become revised, the time series of this set of statistics will also be revised. These data are based on the information on economic development available by 17 December 2008. The data will next be revised at the end of March 2009.

General government total revenue and total expenditure 2000 - 2008

General government total revenue and total expenditure 2000 - 2008

Source: General government revenue and expenditure by quarter 2008, 3rd quarter. Statistics Finland

Inquiries: Jouni Pulkka +358-9-17343532, Teuvo Laukkarinen +358-9-17343315

Director in charge: Ari Tyrkkö

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Updated 19.12.2008

Referencing instructions:

Official Statistics of Finland (OSF): General government revenue and expenditure by quarter [e-publication].
ISSN=1797-9382. 3rd quarter 2008. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/jtume/2008/03/jtume_2008_03_2008-12-19_tie_001_en.html