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Finland’s General Government Debt

#79 of 86 in the General Government Debt progress rankings

Expressed as the ratio of total public debt to GDP, this indicators covers obligations of central, state, and local governments. It provides an overall picture of fiscal pressure and sustainability, showing the burden of public liabilities on the economy (lower is better).

Latest (2023)
77.0 %
Year-over-year
+3.1 %
Change since start (1960→2023)
+64.4 %

Key insights

  • From 1960 to 2023, General Government Debt changed by +64.4 %.
  • Most recent year-over-year change (2022→2023): +3.1 %.
  • Lowest level: 6.4 % in 1974.
  • Highest level: 77.0 % in 2023.

General Government Debt Chart (1960–2023)

*Average based on available data from 193 UN member countries

General Government Debt Table (1960–2023)

General Government Debt — Finland
Year General Government Debt
1960 12.7 %
1961 10.7 %
1962 11.4 %
1963 12.8 %
1964 13.0 %
1965 13.9 %
1966 13.9 %
1967 14.3 %
1968 14.3 %
1969 13.6 %
1970 12.0 %
1971 10.8 %
1972 9.8 %
1973 8.0 %
1974 6.4 %
1975 6.8 %
1976 7.1 %
1977 8.2 %
1978 10.7 %
1979 11.0 %
1980 10.9 %
1981 11.5 %
1982 13.9 %
1983 15.4 %
1984 15.2 %
1985 15.8 %
1986 16.4 %
1987 17.6 %
1988 16.5 %
1989 14.3 %
1990 13.9 %
1991 21.9 %
1992 39.3 %
1993 54.2 %
1994 56.2 %
1995 55.2 %
1996 55.4 %
1997 52.2 %
1998 46.8 %
1999 44.0 %
2000 42.4 %
2001 40.9 %
2002 40.1 %
2003 42.7 %
2004 42.6 %
2005 39.9 %
2006 38.0 %
2007 33.9 %
2008 32.6 %
2009 41.5 %
2010 50.1 %
2011 52.0 %
2012 56.9 %
2013 59.9 %
2014 64.8 %
2015 68.7 %
2016 68.6 %
2017 66.5 %
2018 65.3 %
2019 65.2 %
2020 75.3 %
2021 73.1 %
2022 73.9 %
2023 77.0 %

Source: IMF DataMapper

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