Finland | Interest payments (% of revenue)

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 revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 1.78388747
1973 1.53254741
1974 1.0976485
1975 0.90443275
1976 0.78291815
1977 1.10861385
1978 1.5067891
1979 2.11627501
1980 2.26490717
1981 2.50416027
1982 3.06259463
1983 3.88817973
1984 4.25048378
1985 4.52281827
1986 4.02228324
1987 4.08389184
1988 3.77131526
1989 3.16069775
1990 2.88129808
1991 3.65493011
1992 5.15993895
1993 10.85185163
1994 12.74145275
1995 8.73327516
1996 9.54088782
1997 9.8396991
1998 8.3551565
1999 7.3048882
2000 6.43745165
2001 6.36502106
2002 5.10723814
2003 4.6918393
2004 4.34133722
2005 3.96787532
2006 3.55879919
2007 3.28915002
2008 3.20139934
2009 3.40502063
2010 3.57565887
2011 3.47711923
2012 3.56048753
2013 3.20589967
2014 3.15419082
2015 2.95943374
2016 2.73938055
2017 2.55032604
2018 2.33656105
2019 2.15082642
2020 1.84544676
2021 1.26472571
2022

Finland | Interest payments (% of revenue)

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