Finland Government Debt To GDP

Finland recorded a Government Debt to GDP of 57 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Finland is reported by the Eurostat. Government Debt To GDP in Finland averaged 35.60 Percent from 1980 until 2013, reaching an all time high of 57 Percent in 2013 and a record low of 10.80 Percent in 1980. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Finland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
57.00 53.60 57.00 10.80 58.46 | 2014/06 1980 - 2013 Percent Yearly

TO

Finland Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 57.00 2013-12-31 53.60 57.00 10.80 58.46 2014-06-30 Percent [+]
Government Budget Value -44.00 2014-03-15 437.00 2319.21 -3833.40 -326.71 2014-04-30 EUR Million [+]
Government Spending 8289.00 2013-11-15 7489.00 8313.00 3871.00 7977.48 2014-03-31 EUR Million [+]
Credit Rating 98.25 [+]
Government Budget -2.00 2013-12-31 -1.80 6.80 -6.20 -2.02 2014-06-30 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Finland Retail Sales YoY at -0.40 percent  
Retail Sales in Finland decreased 0.40 percent in February of 2014 over the same month in the previous year. Retail Sales Yoy in Finland is reported by the Statistics Finland.
Finland Gold Reserves at 49.14 Tonnes  
Gold Reserves in Finland remained unchanged at 49.14 Tonnes in the fourth quarter of 2013 from 49.14 Tonnes in the third quarter of 2013. Gold Reserves in Finland is reported by the World Gold Council.
Finland Unemployment Rate at 9.50 Percent  
Unemployment Rate in Finland increased to 9.50 percent in March of 2014 from 9.10 percent in February of 2014. Unemployment Rate in Finland is reported by the Statistics Finland.
Finland Producer Prices at 1942.00 Index Points  
Producer Prices in Finland decreased to 1942 Index Points in March of 2014 from 1952 Index Points in February of 2014. Producer Prices in Finland is reported by the Statistics Finland.
Finland Producer Prices Change at -2.10 Percent  
Producer Prices in Finland decreased 2.10 percent in March of 2014 over the same month in the previous year. Producer Prices Change in Finland is reported by the Statistics Finland.
Finland Terms of Trade at 86.10 Index Points  
Terms of Trade in Finland increased to 86.10 Index Points in February of 2014 from 85.80 Index Points in January of 2014. Terms of Trade in Finland is reported by the Statistics Finland.
Finland Unemployed Persons at 241.00 Thousand  
The number of unemployed persons in Finland increased to 241 Thousand in February of 2014 from 221 Thousand in January of 2014. Unemployed Persons in Finland is reported by the Statistics Finland.
Finland Wage Index at 108.80 Index Points  
Wages in Finland increased to 108.80 Index Points in the fourth quarter of 2013 from 108.40 Index Points in the third quarter of 2013. Wages in Finland is reported by the Statistics Finland.
Finland Wages in Manufacturing Index at 186.20 Index Points  
Wages in Manufacturing in Finland increased to 186.20 Index Points in the fourth quarter of 2013 from 185.20 Index Points in the third quarter of 2013. Wages in Manufacturing in Finland is reported by the Statistics Finland.
Finland Youth Unemployment Rate at 20.20 Percent  
Youth Unemployment Rate in Finland increased to 20.20 percent in February of 2014 from 20.10 percent in January of 2014. Youth Unemployment Rate in Finland is reported by the Eurostat.
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