Net incurrence of liabilities, total in Finland
Finland: Net incurrence of liabilities, total was 12.25 billion current LCU in 1994. ◆ Volatile
Net incurrence of liabilities, total in Finland, 1972–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Finland recorded 12.25 billion current LCU for net incurrence of liabilities, total in 1994.
The figure is down 14.6% on the previous year and up 1,274.2% over ten years.
Over the whole period, net incurrence of liabilities, total in Finland peaked at 14.33 billion current LCU in 1993 and was at its lowest, -676.96 million current LCU, in 1989.
Finland ranks 78th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 207.25 million current LCU | -129.17 million current LCU | 783.08 million current LCU | 8 |
| 1980s | 600.62 million current LCU | -676.96 million current LCU | 1.25 billion current LCU | 10 |
| 1990s | 8.62 billion current LCU | 200.31 million current LCU | 14.33 billion current LCU | 5 |
Countries ranked near Finland
More public sector data for Finland
- Arms imports 64.00 million SIPRI trend indicator values (2024)
- Tax revenue 25.3% (2024)
- Taxes on income, profits and capital gains 26.8% (2024)
- Taxes on goods and services 31.5% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) -3.5% (2024)
- Interest payments 2.9% (2024)
- Grants and other revenue 12.8% (2024)
- Interest payments 2.0% (2023)
- Other taxes 1.1% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Finland?
- Net incurrence of liabilities, total in Finland was 12.25 billion current LCU in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Finland?
- The highest recorded value was 14.33 billion current LCU in 1993.
- What is the lowest net incurrence of liabilities, total recorded in Finland?
- The lowest recorded value was -676.96 million current LCU in 1989.
- How does Finland rank for net incurrence of liabilities, total?
- Finland ranks 78th out of 136 countries with data for 1994.
- Is net incurrence of liabilities, total rising or falling in Finland?
- Over the last ten years it is up 1,274.2%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.