From 2012 to 2015, the central government debt relative to GDP steadily increased in Finland, reaching a high of 57 percent in 2015. Thereafter, the central government debt to GDP ratio declined, peaking at 60.5 percent again in 2020. At the same time, the financial position of local government continued to weaken, and as of 2022, the debt in relation to GDP reached 12.3 percent.
General government debt in relation to gross domestic product (GDP) in Finland from 2012 to 2022, by sector
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Statistics Finland. (April 21, 2023). General government debt in relation to gross domestic product (GDP) in Finland from 2012 to 2022, by sector [Graph]. In Statista. Retrieved May 02, 2024, from https://www.statista.com/statistics/525569/general-government-debt-to-gdp-ratio-by-sector-finland/
Statistics Finland. "General government debt in relation to gross domestic product (GDP) in Finland from 2012 to 2022, by sector." Chart. April 21, 2023. Statista. Accessed May 02, 2024. https://www.statista.com/statistics/525569/general-government-debt-to-gdp-ratio-by-sector-finland/
Statistics Finland. (2023). General government debt in relation to gross domestic product (GDP) in Finland from 2012 to 2022, by sector. Statista. Statista Inc.. Accessed: May 02, 2024. https://www.statista.com/statistics/525569/general-government-debt-to-gdp-ratio-by-sector-finland/
Statistics Finland. "General Government Debt in Relation to Gross Domestic Product (Gdp) in Finland from 2012 to 2022, by Sector." Statista, Statista Inc., 21 Apr 2023, https://www.statista.com/statistics/525569/general-government-debt-to-gdp-ratio-by-sector-finland/
Statistics Finland, General government debt in relation to gross domestic product (GDP) in Finland from 2012 to 2022, by sector Statista, https://www.statista.com/statistics/525569/general-government-debt-to-gdp-ratio-by-sector-finland/ (last visited May 02, 2024)
General government debt in relation to gross domestic product (GDP) in Finland from 2012 to 2022, by sector [Graph], Statistics Finland, April 21, 2023. [Online]. Available: https://www.statista.com/statistics/525569/general-government-debt-to-gdp-ratio-by-sector-finland/