Finland External Debt: % of GDP
Key information about Finland External Debt: % of GDP
- Finland External Debt accounted for 215.7 % of the country's Nominal GDP in 2023, compared with the ratio of 215.7 % in the previous year.
- Finland External Debt: % of Nominal GDP data is updated yearly, available from Dec 1991 to Dec 2023.
- The data reached an all-time high of 227.9 % in Dec 2012 and a record low of 64.7 % in Dec 1991.
CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. Statistics Finland provides External Debt in EUR based on BPM6 and Nominal GDP in EUR. External Debt prior to 2006 is based on BPM5 and sourced from the Bank of Finland.
Related information about Finland External Debt: % of GDP
- In the latest reports of Finland, Current Account recorded a deficit of 1.9 USD bn in Apr 2023.
- Foreign Direct Investment (FDI) increased by 448.2 USD mn in Dec 2024.
- Finland Direct Investment Abroad expanded by 94.2 USD mn in Dec 2024.
- Its Foreign Portfolio Investment fell by 317.6 USD mn in Dec 2024.
- The country's External Debt reached 686,771.6 in Sep 2024.
- The country's Nominal GDP was reported at 74.8 USD bn in Mar 2023.
View Finland's External Debt: % of GDP from 1991 to 2023 in the chart:
What was Finland's External Debt: % of GDP in 2023?
Finland External Debt accounted for 215.7 % of the country's Nominal GDP in 2023, compared with the ratio of 215.7 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
215.7 2023 | 215.7 2022 | 64.7 1991 | 227.9 2012 | % | yearly | 1991 - 2023 |
External Debt: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 45.9 2023 | yearly | 1991 - 2023 |
Algeria (%) | 1.3 2023 | yearly | 1970 - 2023 |
Argentina (%) | 45.3 2023 | yearly | 1994 - 2023 |
Armenia (%) | 64.2 2023 | yearly | 2000 - 2023 |
Australia (%) | 112.4 2024 | yearly | 1988 - 2024 |
Austria (%) | 136.1 2023 | yearly | 1997 - 2023 |
Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
Belarus (%) | 48.6 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Belgium (%) | 231.5 2023 | yearly | 2007 - 2023 |
Bolivia (%) | 35.0 2023 | yearly | 2006 - 2023 |
Bosnia and Herzegovina (%) | 17.8 2023 | yearly | 1999 - 2023 |
Botswana (%) | 7.3 2023 | yearly | 1995 - 2023 |
Brazil (%) | 27.5 2024 | yearly | 1992 - 2024 |
Bulgaria (%) | 47.3 2024 | yearly | 1999 - 2024 |
Cambodia (%) | 56.7 2022 | yearly | 2010 - 2022 |
Canada (%) | 148.4 2024 | yearly | 1990 - 2024 |
Chile (%) | 71.7 2023 | yearly | 1971 - 2023 |
China (%) | 13.4 2023 | yearly | 1985 - 2023 |
Colombia (%) | 48.2 2024 | yearly | 1970 - 2024 |
Croatia (%) | 73.5 2022 | yearly | 1998 - 2022 |
Cyprus (%) | 828.3 2023 | yearly | 2004 - 2023 |
Czech Republic (%) | 61.7 2023 | yearly | 1995 - 2023 |
Denmark (%) | 132.3 2023 | yearly | 2005 - 2023 |
Ecuador (%) | 48.3 2023 | yearly | 1970 - 2023 |
Egypt (%) | 38.8 Jun 2024 | quarterly | Jun 1999 - Jun 2024 |
Estonia (%) | 89.2 2023 | yearly | 1996 - 2023 |
European Union (%) | 111.1 2023 | yearly | 2008 - 2023 |
Finland (%) | 215.7 2023 | yearly | 1991 - 2023 |
France (%) | 244.9 2023 | yearly | 2004 - 2023 |
Georgia (%) | 79.6 2023 | yearly | 1999 - 2023 |
Germany (%) | 146.1 2023 | yearly | 1999 - 2023 |
Ghana (%) | 37.4 2023 | yearly | 1999 - 2023 |
Greece (%) | 246.0 2023 | yearly | 2003 - 2023 |
Hong Kong SAR, China (%) | 483.3 2023 | yearly | 2001 - 2023 |
Hungary (%) | 128.8 2023 | yearly | 2006 - 2023 |
Iceland (%) | 70.8 2024 | yearly | 1989 - 2024 |
India (%) | 18.9 2023 | yearly | 1970 - 2023 |
Indonesia (%) | 30.4 2024 | yearly | 2003 - 2024 |
Iran (%) | 0.3 2023 | yearly | 1994 - 2023 |
Ireland (%) | 575.3 2024 | yearly | 2002 - 2024 |
Israel (%) | 28.4 2023 | yearly | 1998 - 2023 |
Italy (%) | 129.0 2022 | yearly | 2002 - 2022 |
Ivory Coast (%) | 31.4 2021 | yearly | 1994 - 2021 |
Japan (%) | 111.4 2024 | yearly | 2003 - 2024 |
Jordan (%) | 80.7 2023 | yearly | 1970 - 2023 |
Kazakhstan (%) | 59.5 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Kenya (%) | 40.3 2023 | yearly | 2006 - 2023 |
South Korea (%) | 35.8 2024 | yearly | 1994 - 2024 |
Kosovo (%) | 39.6 2023 | yearly | 2007 - 2023 |
Kuwait (%) | 39.4 2023 | yearly | 2014 - 2023 |
Kyrgyzstan (%) | 66.6 2023 | yearly | 2003 - 2023 |
Laos (%) | 74.2 2023 | yearly | 1996 - 2023 |
Latvia (%) | 98.9 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
Lebanon (%) | 21.2 2021 | yearly | 2007 - 2021 |
Lithuania (%) | 69.2 2023 | yearly | 1996 - 2023 |
Luxembourg (%) | 4,446.8 2023 | yearly | 2002 - 2023 |
North Macedonia (%) | 83.2 2023 | yearly | 2004 - 2023 |
Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
Malaysia (%) | 69.7 2024 | yearly | 2009 - 2024 |
Malta (%) | 858.9 2023 | yearly | 2004 - 2023 |
Mauritius (%) | 1,359.5 2023 | yearly | 2009 - 2023 |
Mexico (%) | 33.0 2023 | yearly | 2002 - 2023 |
Moldova (%) | 60.6 2023 | yearly | 2000 - 2023 |
Mongolia (%) | 157.4 2024 | yearly | 1992 - 2024 |
Montenegro (%) | 141.5 2022 | yearly | 2006 - 2022 |
Morocco (%) | 50.9 2022 | yearly | 1970 - 2022 |
Mozambique (%) | 71.7 2020 | yearly | 1985 - 2020 |
Myanmar (%) | 16.7 2020 | yearly | 2018 - 2020 |
Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
Netherlands (%) | 373.8 2023 | yearly | 2003 - 2023 |
New Zealand (%) | 86.4 2023 | yearly | 1993 - 2023 |
Nigeria (%) | 11.9 2023 | yearly | 1985 - 2023 |
Norway (%) | 160.3 2024 | yearly | 2003 - 2024 |
Pakistan (%) | 35.1 2024 | yearly | 2000 - 2024 |
Palestinian Territory (%) | 11.9 2023 | yearly | 2012 - 2023 |
Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
Paraguay (%) | 56.2 2023 | yearly | 2000 - 2023 |
Peru (%) | 37.6 2024 | yearly | 1980 - 2024 |
Philippines (%) | 28.7 2023 | yearly | 1990 - 2023 |
Poland (%) | 49.6 2023 | yearly | 1995 - 2023 |
Portugal (%) | 149.5 2023 | yearly | 1996 - 2023 |
Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
Romania (%) | 57.3 2024 | yearly | 1995 - 2024 |
Russia (%) | 13.4 2024 | yearly | 1993 - 2024 |
Serbia (%) | 65.3 2023 | yearly | 2000 - 2023 |
Singapore (%) | 391.1 2023 | yearly | 2003 - 2023 |
Slovakia (%) | 96.0 2023 | yearly | 1995 - 2023 |
Slovenia (%) | 88.6 2024 | yearly | 1995 - 2024 |
South Africa (%) | 41.5 2023 | yearly | 1985 - 2023 |
Spain (%) | 163.6 2023 | yearly | 1995 - 2023 |
Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
Sweden (%) | 168.3 2024 | yearly | 1997 - 2024 |
Switzerland (%) | 238.7 2023 | yearly | 1999 - 2023 |
Taiwan (%) | 27.6 2024 | yearly | 1999 - 2024 |
Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
Thailand (%) | 38.0 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Tunisia (%) | 90.4 2023 | yearly | 2002 - 2023 |
Turkey (%) | 45.1 2023 | yearly | 1989 - 2023 |
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Learn more about what we doFinland Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.5 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
Consolidated Fiscal Balance (USD mn) | -3,490.020 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Tax Revenue (USD mn) | 24,463.185 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Tax Revenue: % of GDP (%) | 31.7 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
National Government Debt (USD mn) | 234,658.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
Government Debt: % of GDP (%) | 82.1 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
Forecast: Government Expenditure (EUR bn) | 185.332 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (EUR bn) | 288.450 2029 | yearly | 1980 - 2029 |
Forecast: Government Revenue (EUR bn) | 178.392 2029 | yearly | 1980 - 2029 |
GG: Expenditure (EUR mn) | 42,266.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
GG: Net Lending/Net Borrowing (EUR mn) | -3,274.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
General Government (GG): Revenue (EUR mn) | 38,992.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.200 2029 | yearly | 1981 - 2029 |
Trade Balance (USD mn) | 138.1 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
Total Exports (USD mn) | 6,581.5 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Total Exports Growth (%) | 1.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Aluminum: Exports (USD th) | 194,703.361 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,485,459.490 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 356,903.326 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 6,534.5 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Total Imports Growth (%) | -4.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Imports: Medicament (USD th) | 1,932,683.682 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 682,886.133 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 669.077 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
Total Imports from USA (USD mn) | 382.348 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Total Exports to China (USD mn) | 324.001 Dec 2024 | monthly | Feb 1981 - Dec 2024 |
Total Imports from China (USD mn) | 539.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: SITC: Chemicals and Related Products (CP) (EUR) | 836,623,661.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: SITC: BM: Paper, Paperboard and Articles Thereof (EUR) | 484,819,502.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: SITC: Basic Manufactures (BM) (EUR) | 1,377,144,510.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: SITC: Machinery, Transport Equipment (MT) (EUR) | 1,923,740,747.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: SITC: MT: Telecommunication, Sound Recording Equipment (EUR) | 50,003,220.00 Feb 2018 | monthly | Jan 1996 - Feb 2018 |
Exports: Europe: Russia (EUR) | 31,781,236.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: Europe: Netherlands (EUR) | 426,405,636.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: SITC (EUR) | 6,042,063,224.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: Europe: Germany (EUR) | 524,750,834.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: North America: United States of America (EUR) | 614,114,242.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: Europe: Sweden (EUR) | 834,562,820.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Exports: sa (EUR mn) | 6,284.839 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Imports: SITC (EUR) | 6,101,020,888.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: SITC: Machinery, Transport Equipment (MT) (EUR) | 2,232,438,588.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: SITC: BM: Iron and Steel (EUR) | 109,521,204.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: SITC: Chemicals and Related Products (CP) (EUR) | 693,668,769.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: SITC: Food and Live Animals (FA) (EUR) | 429,957,748.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: SITC: MF: Petroleum and Products (EUR) | 729,373,936.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: Europe: Russia (EUR) | 71,264,872.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: Europe: Netherlands (EUR) | 310,527,154.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: Europe: Germany (EUR) | 735,838,816.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: Europe: Sweden (EUR) | 654,480,916.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: Rest of Asia: China (EUR) | 514,705,846.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Imports: sa (EUR mn) | 6,240.001 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
BOF Forecast: Imports Volume Index: 2015=100 (2015=100) | 126.200 2024 | yearly | 2020 - 2024 |
Import Value Index (2015=100) | 142.272 2021 | yearly | 1995 - 2021 |
Export Value Index (2015=100) | 137.035 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.4 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Household Debt: % of GDP (%) | 74.9 2023 | yearly | 1995 - 2023 |
Non-Performing Loans (USD mn) | 7,578.033 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Money Supply M1 (USD mn) | 140,277.532 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Money Supply M2 (USD mn) | 166,474.236 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
M2 Growth (%) | 0.4 Jan 2025 | monthly | Jan 1981 - Jan 2025 |
Reserve Requirement Ratio (%) | 1.0 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Foreign Exchange Reserves (USD mn) | 9,200.9 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Foreign Exchange Reserves: % of GDP (%) | 3.068 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Gold Reserves (USD mn) | 3,947.840 Jan 2025 | monthly | Jan 1970 - Jan 2025 |
Total Deposits (USD mn) | 212,831.634 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
Total Deposits Growth (%) | -1.7 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Domestic Credit (USD mn) | 377,211.1 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Domestic Credit Growth (%) | -1.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Debt Service Ratio: Households (%) | 8.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 19.300 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Credit to Households (USD bn) | 196.482 Sep 2024 | quarterly | Dec 1970 - Sep 2024 |
Credit to Private Non-Financial Sector (USD bn) | 558.184 Sep 2024 | quarterly | Dec 1970 - Sep 2024 |
Household Debt (USD mn) | 226,056.4 2023 | yearly | 1995 - 2023 |
Total Loans (USD mn) | 292,676.839 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
Total Loans Growth (%) | -0.25 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
Private Debt: % of Nominal GDP (%) | 90.51 Dec 2024 | quarterly | Sep 1997 - Dec 2024 |
Currency in Circulation (EUR mn) | 26,586.990 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Monetary Aggregates: M3: M2 (EUR mn) | 160,071.380 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Monetary Aggregates: M3 (EUR mn) | 202,385.000 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Monetary Aggregates: M3: M2: M1: Overnight Deposits (EUR mn) | 134,882.242 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Official Reserve Assets (EUR mn) | 17,911.000 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Official Reserve Assets: Foreign Currency Reserve (EUR mn) | 8,690.000 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Official Reserve Assets: Gold: incl Gold Deposits and Gold Swapped (EUR mn) | 1,767.000 Dec 2018 | monthly | Jan 2000 - Dec 2018 |
MFIs Deposits: Euro Area (EUR mn) | 204,645.801 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
MFIs Deposits: Euro Area: in EUR: NF: Households (EUR mn) | 115,201.354 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
MFIs Loans: Euro Area: in EUR: NF: Households incl NPISH (EUR mn) | 143,259.451 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
MFIs Loans: Euro Area (EUR mn) | 281,420.037 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 4.7 Feb 2025 | monthly | Jan 1994 - Feb 2025 |
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