Over the period from 2012 to 2022, the Finnish government run a constant budget deficit. In 2022, the general government deficit amounted to roughly 2.1 billion euros according to preliminary figures. The financial position of general government weakened by more than 10 billion from the year due to the crisis caused by the COVID-19 pandemic. Initially, the general government surplus reached a high of approximately 9.6 billion euros in 2007, before falling to a deficit from 2009 onwards.
General government deficit and surplus in Finland from 2012 to 2022
(in million euros)
The source adds the following information: "General government deficit also called EDP deficit (= Excessive Deficit Procedure), corresponds with the general government net lending/borrowing in the national accounts."
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Statistics Finland. (October 23, 2023). General government deficit and surplus in Finland from 2012 to 2022 (in million euros) [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/537625/general-government-deficit-and-surplus-annually-finland/
Statistics Finland. "General government deficit and surplus in Finland from 2012 to 2022 (in million euros)." Chart. October 23, 2023. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/537625/general-government-deficit-and-surplus-annually-finland/
Statistics Finland. (2023). General government deficit and surplus in Finland from 2012 to 2022 (in million euros). Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/537625/general-government-deficit-and-surplus-annually-finland/
Statistics Finland. "General Government Deficit and Surplus in Finland from 2012 to 2022 (in Million Euros)." Statista, Statista Inc., 23 Oct 2023, https://www.statista.com/statistics/537625/general-government-deficit-and-surplus-annually-finland/
Statistics Finland, General government deficit and surplus in Finland from 2012 to 2022 (in million euros) Statista, https://www.statista.com/statistics/537625/general-government-deficit-and-surplus-annually-finland/ (last visited September 09, 2024)
General government deficit and surplus in Finland from 2012 to 2022 (in million euros) [Graph], Statistics Finland, October 23, 2023. [Online]. Available: https://www.statista.com/statistics/537625/general-government-deficit-and-surplus-annually-finland/