Finland | Interest payments (% of expense)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Finland
Records
63
Source
Finland | Interest payments (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 2.20920105
1973 2.02204639
1974 1.31472492
1975 0.98170959
1976 0.91549296
1977 1.24211301
1978 1.57945935
1979 2.15237672
1980 2.35924299
1981 2.67759376
1982 3.1141969
1983 3.82020217
1984 4.40151921
1985 4.71459125
1986 4.32660348
1987 4.11535801
1988 4.10829442
1989 3.57972799
1990 3.1043745
1991 3.25108201
1992 4.23407848
1993 8.41353021
1994 10.14751183
1995 7.51815374
1996 8.76308901
1997 9.83727645
1998 8.8863345
1999 7.76504112
2000 7.73404232
2001 7.38492245
2002 5.78504288
2003 5.1365336
2004 4.76684693
2005 4.36792073
2006 3.99034892
2007 3.83223334
2008 3.64200102
2009 3.24312653
2010 3.34418057
2011 3.424968
2012 3.46300417
2013 3.05693915
2014 2.97013182
2015 2.78405168
2016 2.64915276
2017 2.51276789
2018 2.33468827
2019 2.16460942
2020 1.60299824
2021 1.18357415
2022

Finland | Interest payments (% of expense)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Finland
Records
63
Source