From 2013 to 2015, the general government gross debt (national debt) relative to GDP in Finland increased significantly each year, reaching a high of 68.3 percent in 2015. Thereafter, the national debt to GDP ratio decreased again. In 2023, the ratio of government debt to GDP reached 75.8 percent according to preliminary data.
National debt in relation to gross domestic product (GDP) in Finland from 2013 to 2023
The source adds the following information: "Twice yearly the Member States of the European Union report data on their so-called EDP deficits and debts to the EU Commission. The reporting is a constituent part of what is known as the Excessive Deficit Procedure (EDP). The reported data are produced in compliance with the European System of Accounts (ESA 2010) and a separate EU Regulation. The data reported by the different Member States are comparable with each other."
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Statistics Finland. (April 19, 2024). National debt in relation to gross domestic product (GDP) in Finland from 2013 to 2023 [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/525543/national-debt-to-gdp-ratio-finland/
Statistics Finland. "National debt in relation to gross domestic product (GDP) in Finland from 2013 to 2023." Chart. April 19, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/525543/national-debt-to-gdp-ratio-finland/
Statistics Finland. (2024). National debt in relation to gross domestic product (GDP) in Finland from 2013 to 2023. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/525543/national-debt-to-gdp-ratio-finland/
Statistics Finland. "National Debt in Relation to Gross Domestic Product (Gdp) in Finland from 2013 to 2023." Statista, Statista Inc., 19 Apr 2024, https://www.statista.com/statistics/525543/national-debt-to-gdp-ratio-finland/
Statistics Finland, National debt in relation to gross domestic product (GDP) in Finland from 2013 to 2023 Statista, https://www.statista.com/statistics/525543/national-debt-to-gdp-ratio-finland/ (last visited November 26, 2024)
National debt in relation to gross domestic product (GDP) in Finland from 2013 to 2023 [Graph], Statistics Finland, April 19, 2024. [Online]. Available: https://www.statista.com/statistics/525543/national-debt-to-gdp-ratio-finland/