Finland: government deficit and surplus 2022

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)

Characteristic	Deficit or surplus in million euros
2022*	-2,097
2021*	-6,965
2020	-13,260
2019	-2,275
2018	-1,995
2017	-1,480
2016	-3,694
2015	-5,127
2014	-6,181
2013	-5,159
2012	-4,334

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Release date

October 2023

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Region

Finland

Survey time period

2012 to 2022

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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