Finland: government deficit and surplus 2021

Over the period from 2011 to 2021, the Finnish government run a constant budget deficit. In 2021, the general government deficit amounted to roughly 6.5 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 2011 to 2021 (in million euros)

Characteristic	Deficit or surplus in million euros
2021*	-6,529
2020*	-13,116
2019	-2,269
2018	-1,992
2017	-1,480
2016	-3,694
2015	-5,127
2014	-6,181
2013	-5,159
2012	-4,334
2011	-2,018

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Release date

April 2022

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Region

Finland

Survey time period

2011 to 2021

Supplementary notes

* Preliminary data

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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