Published: 1 October 2012
General government debt grew by EUR 6.6 billion in the second quarter of 2012
General government EDP debt, or consolidated debt at nominal prices, grew by EUR 6.6 billion in the second quarter of 2012 and stood at EUR 99.6 billion at the end of June. From the beginning of the year, general government debt has grown by EUR 6.8 billion. These data derive from Statistics Finland's statistics on general government debt by quarter.
General government debt by quarter
During the second quarter, central government debt grew by EUR 6.1 billion and was EUR 91.9 billion at the end of June. The stock of bonds issued by central government grew by EUR 3.3 billion, the stock of short-term debt instruments by EUR 1.3 billion, and those of both short and long-term loans by EUR 1.4 billion during the quarter.
The debt of local government, i.e. municipalities and joint municipal boards, grew by EUR 0.1 billion during the second quarter and stood at EUR 12.5 billion at the end of June. Short and long-term loans decreased but the stock of short-term debt instruments increased.
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, Saara Roine 09 1734 3325, rahoitus.tilinpito@stat.fi
Director in charge: Ari Tyrkkö
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Appendix tables
Updated 1.10.2012
Official Statistics of Finland (OSF):
General government debt by quarter [e-publication].
ISSN=1799-8034. 2nd quarter 2012. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/jyev/2012/02/jyev_2012_02_2012-10-01_tie_001_en.html