Finland: debt-to-GDP ratio 2022

From 2009 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 2022, the ratio of government debt to GDP reached at 73 percent according to preliminary data.

National debt in relation to gross domestic product (GDP) in Finland from 2007 to 2022

Characteristic	Debt to GDP ratio
2022*	73%
2021*	72.6%
2020	74.7%
2019	64.9%
2018	64.8%
2017	66%
2016	68%
2015	68.3%
2014	64.5%
2013	60.6%
2012	57.7%
2011	51.9%
2010	50.1%
2009	44.1%
2008	34.7%
2007	36%

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Release date

April 2023

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Region

Finland

Survey time period

2007 to 2022

Supplementary notes

* Preliminary figures

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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