Finland Household Debt: % of GDP
Key information about Finland Household Debt: % of GDP
- Finland household debt accounted for 74.8 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 77.5 % in the previous year.
- Finland household debt to GDP ratio is updated yearly, available from Dec 1995 to Dec 2023.
- The data reached an all-time high of 82.2 % in Dec 2020 and a record low of 30.4 % in Dec 1998.
CEIC calculates annual Household Debt as % of Nominal GDP from annual Household Debt and annual Nominal GDP. Statistics Finland provides Household Debt in EUR and Nominal GDP in EUR.
Related information about Finland Household Debt: % of GDP
- In the latest reports, Finland Household Debt reached 226.1 USD bn in Dec 2023.
- Money Supply M2 in Finland dropped 0.5 % YoY in Oct 2024.
- Finland Foreign Exchange Reserves was measured at 8.4 USD bn in Oct 2024.
- The Foreign Exchange Reserves equaled 1.2 Months of Import in Sep 2024.
- Finland Domestic Credit reached 400.6 USD bn in Aug 2024, representing an drop of 4.8 % YoY.
- The country's Non Performing Loans Ratio stood at 1.4 % in Jun 2024, compared with the ratio of 1.4 % in the previous quarter.
View Finland's Household Debt: % of GDP from 1995 to 2023 in the chart:
What was Finland's Household Debt: % of GDP in 2023?
Finland household debt accounted for 74.8 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 77.5 % in the previous year. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
74.8 2023 | 77.5 2022 | 30.4 1998 | 82.2 2020 | % | yearly | 1995 - 2023 |
Household Debt: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 12.0 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
Argentina (%) | 4.1 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Armenia (%) | 28.4 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Australia (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Austria (%) | 44.5 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Azerbaijan (%) | 13.2 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Belarus (%) | 10.4 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
Belgium (%) | 58.4 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
Bolivia (%) | 11.3 Dec 2022 | quarterly | Sep 2010 - Dec 2022 |
Bosnia and Herzegovina (%) | 24.8 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
Botswana (%) | 20.9 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
Brunei (%) | 14.5 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
Bulgaria (%) | 27.8 2023 | yearly | 1995 - 2023 |
Cambodia (%) | 26.6 2022 | yearly | 2008 - 2022 |
Canada (%) | 99.1 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
Chile (%) | 39.2 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
China (%) | 63.3 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
Colombia (%) | 31.5 Jun 2024 | quarterly | Dec 2015 - Jun 2024 |
Croatia (%) | 32.7 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
Cyprus (%) | 83.3 2022 | yearly | 1995 - 2022 |
Czech Republic (%) | 34.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Denmark (%) | 92.2 2023 | yearly | 1994 - 2023 |
Ecuador (%) | 17.2 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
Egypt (%) | 7.3 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
Estonia (%) | 38.7 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
European Union (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
Finland (%) | 74.8 2023 | yearly | 1995 - 2023 |
France (%) | 74.2 2023 | yearly | 1977 - 2023 |
Georgia (%) | 36.9 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
Germany (%) | 50.4 Jun 2024 | quarterly | Dec 1991 - Jun 2024 |
Greece (%) | 46.2 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
Hong Kong SAR, China (%) | 89.0 Sep 2024 | quarterly | Mar 1982 - Sep 2024 |
Hungary (%) | 19.9 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Iceland (%) | 73.1 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
India (%) | 17.4 2024 | yearly | 1998 - 2024 |
Indonesia (%) | 9.9 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Ireland (%) | 32.1 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Israel (%) | 42.6 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Italy (%) | 48.6 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Japan (%) | 65.1 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
Jordan (%) | 80.6 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Kazakhstan (%) | 15.3 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
South Korea (%) | 93.9 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
Kosovo (%) | 22.0 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Kuwait (%) | 0.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Kyrgyzstan (%) | 8.7 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Latvia (%) | 22.3 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Lithuania (%) | 28.5 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Luxembourg (%) | 64.5 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Macau SAR, China (%) | 80.5 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
North Macedonia (%) | 26.0 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
Malawi (%) | 0.3 2011 | yearly | 2006 - 2011 |
Malaysia (%) | 84.2 2023 | yearly | 2002 - 2023 |
Malta (%) | 40.3 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
Mauritius (%) | 20.6 Jun 2018 | quarterly | Mar 2009 - Jun 2018 |
Mexico (%) | 16.5 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Mongolia (%) | 26.4 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Montenegro (%) | 25.6 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Morocco (%) | 23.5 2023 | yearly | 2001 - 2023 |
Netherlands (%) | 97.4 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
New Zealand (%) | 89.9 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
Norway (%) | 90.7 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Panama (%) | 38.3 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Peru (%) | 15.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Philippines (%) | 11.3 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
Poland (%) | 23.5 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
Portugal (%) | 66.5 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Romania (%) | 15.3 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Russia (%) | 20.4 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
Saudi Arabia (%) | 12.1 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
Serbia (%) | 16.9 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
Singapore (%) | 52.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Slovakia (%) | 44.6 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Slovenia (%) | 27.7 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
South Africa (%) | 40.7 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
Spain (%) | 48.9 Jun 2024 | quarterly | Dec 1989 - Jun 2024 |
Sri Lanka (%) | 6.5 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Sweden (%) | 86.2 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Switzerland (%) | 128.2 2023 | yearly | 1999 - 2023 |
Syria (%) | 14.6 2011 | yearly | 2004 - 2011 |
Taiwan (%) | 88.1 2022 | yearly | 2000 - 2022 |
Thailand (%) | 89.0 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
Tunisia (%) | 0.0 2020 | yearly | 2007 - 2020 |
Turkey (%) | 10.3 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Ukraine (%) | 3.6 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
United Arab Emirates (%) | 106.2 2021 | yearly | 2013 - 2021 |
United Kingdom (%) | 81.5 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
United States (%) | 62.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Uruguay (%) | 11.1 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Venezuela (%) | 3.4 2017 | yearly | 2004 - 2017 |
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Learn more about what we doFinland Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.6 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -6,239.718 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Tax Revenue (USD mn) | 21,121.411 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Tax Revenue: % of GDP (%) | 27.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
National Government Debt (USD mn) | 250,528.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Government Debt: % of GDP (%) | 81.5 Sep 2024 | quarterly | Mar 2000 - Sep 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) | 38,784.000 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
GG: Net Lending/Net Borrowing (EUR mn) | -5,678.000 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
General Government (GG): Revenue (EUR mn) | 33,106.000 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.200 2029 | yearly | 1981 - 2029 |
Trade Balance (USD mn) | -359.5 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
Total Exports (USD mn) | 6,326.3 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Exports Growth (%) | -2.7 Oct 2024 | monthly | Jan 2000 - Oct 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) | 6,760.5 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Imports Growth (%) | 2.7 Oct 2024 | monthly | Jan 2000 - Oct 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) | 664.551 Jun 2024 | monthly | Apr 1964 - Jun 2024 |
Total Imports from USA (USD mn) | 341.136 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
Total Exports to China (USD mn) | 313.849 Oct 2024 | monthly | Feb 1981 - Oct 2024 |
Total Imports from China (USD mn) | 775.422 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: SITC: BM: Paper, Paperboard and Articles Thereof (EUR) | 508,362,501.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: SITC: Basic Manufactures (BM) (EUR) | 1,644,854,708.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: SITC: Machinery, Transport Equipment (MT) (EUR) | 1,937,431,558.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: SITC: MT: Telecommunication, Sound Recording Equipment (EUR) | 50,003,220.00 Feb 2018 | monthly | Jan 1996 - Feb 2018 |
Exports: SITC: Chemicals and Related Products (CP) (EUR) | 716,545,197.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: SITC (EUR) | 6,325,501,734.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: Europe: Germany (EUR) | 675,693,775.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: North America: United States of America (EUR) | 617,439,987.000 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
Exports: Europe: Sweden (EUR) | 807,306,216.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: Europe: Netherlands (EUR) | 512,278,122.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: Europe: Russia (EUR) | 14,319,699.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Exports: sa (EUR mn) | 5,806.600 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Imports: SITC: Machinery, Transport Equipment (MT) (EUR) | 2,271,379,118.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: SITC: BM: Iron and Steel (EUR) | 150,701,861.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: SITC: Chemicals and Related Products (CP) (EUR) | 772,007,003.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: SITC: Food and Live Animals (FA) (EUR) | 497,287,610.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: SITC: MF: Petroleum and Products (EUR) | 719,027,495.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: SITC (EUR) | 6,702,184,890.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: Europe: Netherlands (EUR) | 315,115,074.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: Europe: Germany (EUR) | 947,597,794.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: Europe: Sweden (EUR) | 705,747,076.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: Rest of Asia: China (EUR) | 711,722,521.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: Europe: Russia (EUR) | 71,781,411.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
Imports: sa (EUR mn) | 6,205.126 Oct 2024 | monthly | Jan 1999 - Oct 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 (%) | 74.8 2023 | yearly | 1995 - 2023 |
Non-Performing Loans (USD mn) | 7,578.033 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Money Supply M1 (USD mn) | 151,527.235 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Money Supply M2 (USD mn) | 172,856.357 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
M2 Growth (%) | -0.5 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
Reserve Requirement Ratio (%) | 1.0 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 8,487.2 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.789 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.2 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Gold Reserves (USD mn) | 4,189.268 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
Total Deposits (USD mn) | 224,749.516 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Deposits Growth (%) | -0.6 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Domestic Credit (USD mn) | 400,625.3 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Domestic Credit Growth (%) | -4.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Debt Service Ratio: Households (%) | 8.400 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 20.900 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 187.482 Jun 2024 | quarterly | Dec 1970 - Jun 2024 |
Credit to Private Non-Financial Sector (USD bn) | 531.999 Jun 2024 | quarterly | Dec 1970 - Jun 2024 |
Household Debt (USD mn) | 226,056.4 2023 | yearly | 1995 - 2023 |
Total Loans (USD mn) | 307,214.268 Oct 2024 | monthly | Dec 1998 - Oct 2024 |
Total Loans Growth (%) | 0.86 Oct 2024 | monthly | Dec 1999 - Oct 2024 |
Private Debt: % of Nominal GDP (%) | 91.50 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
Monetary Aggregates: M3: M2 (EUR mn) | 159,241.231 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Monetary Aggregates: M3 (EUR mn) | 204,134.000 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Monetary Aggregates: M3: M2: M1: Overnight Deposits (EUR mn) | 133,668.590 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Currency in Circulation (EUR mn) | 26,581.284 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Official Reserve Assets (EUR mn) | 17,271.000 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Official Reserve Assets: Foreign Currency Reserve (EUR mn) | 7,896.000 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
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: in EUR: NF: Households (EUR mn) | 114,423.067 Oct 2024 | monthly | Sep 1997 - Oct 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 13.3 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
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