Net incurrence of liabilities, total in Finland
Finland: Net incurrence of liabilities, total was 12.25 billion current LCU in 1994. ◆ Volatile
Net incurrence of liabilities, total in Finland, 1972–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Finland recorded 12.25 billion current LCU for net incurrence of liabilities, total in 1994.
The figure is down 14.6% on the previous year and up 1,274.2% over ten years.
Over the whole period, net incurrence of liabilities, total in Finland peaked at 14.33 billion current LCU in 1993 and was at its lowest, -676.96 million current LCU, in 1989.
Finland ranks 78th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Finland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | -34.98 million current LCU | — |
| 1973 | -129.17 million current LCU | +269.2% |
| 1974 | -75.35 million current LCU | -41.7% |
| 1975 | 128.66 million current LCU | -270.8% |
| 1976 | 155.41 million current LCU | +20.8% |
| 1977 | 255.98 million current LCU | +64.7% |
| 1978 | 783.08 million current LCU | +205.9% |
| 1979 | 574.36 million current LCU | -26.7% |
| 1980 | 598.58 million current LCU | +4.2% |
| 1981 | 462.85 million current LCU | -22.7% |
| 1982 | 914.44 million current LCU | +97.6% |
| 1983 | 1.25 billion current LCU | +36.8% |
| 1984 | 891.23 million current LCU | -28.8% |
| 1985 | 589.50 million current LCU | -33.9% |
| 1986 | 699.49 million current LCU | +18.7% |
| 1987 | 1.23 billion current LCU | +75.5% |
| 1988 | 48.10 million current LCU | -96.1% |
| 1989 | -676.96 million current LCU | -1507.3% |
| 1990 | 200.31 million current LCU | -129.6% |
| 1991 | 4.45 billion current LCU | +2120.1% |
| 1992 | 11.89 billion current LCU | +167.5% |
| 1993 | 14.33 billion current LCU | +20.5% |
| 1994 | 12.25 billion current LCU | -14.6% |
Finland compared with similar countries
- Finland's 12.25 billion current LCU is above the median for high income countries, which is 9.91 billion current LCU, 1.2× the median. (41 countries reporting)
- Finland's 12.25 billion current LCU is below the median for Europe & Central Asia, which is 13.47 billion current LCU, 91% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total in Finland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +2120.1% | 200.31 million current LCU | 4.45 billion current LCU |
| 1989 | -1507.3% | 48.10 million current LCU | -676.96 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 207.25 million current LCU | -129.17 million current LCU | 783.08 million current LCU | 8 |
| 1980s | 600.62 million current LCU | -676.96 million current LCU | 1.25 billion current LCU | 10 |
| 1990s | 8.62 billion current LCU | 200.31 million current LCU | 14.33 billion current LCU | 5 |
Countries ranked near Finland
- 75 Cape Verde 16.42 billion current LCU
- 76 Moldova 14.70 billion current LCU
- 77 Namibia 12.53 billion current LCU
- 79 United Arab Emirates 12.20 billion current LCU
- 80 Maldives 12.04 billion current LCU compare
- 81 Bhutan 11.71 billion current LCU compare
More public sector data for Finland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is net incurrence of liabilities, total in Finland?
- Net incurrence of liabilities, total in Finland was 12.25 billion current LCU in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Finland?
- The highest recorded value was 14.33 billion current LCU in 1993.
- What is the lowest net incurrence of liabilities, total recorded in Finland?
- The lowest recorded value was -676.96 million current LCU in 1989.
- How does Finland rank for net incurrence of liabilities, total?
- Finland ranks 78th out of 136 countries with data for 1994.
- Is net incurrence of liabilities, total rising or falling in Finland?
- Over the last ten years it is up 1,274.2%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.