General government debt in Finland rose by €6 billion in the fourth quarter of 2025, to reach a total of €248.4 billion, new data from Statistics Finland has shown.
Relative to GDP, general government debt stood at 88.5% in Finland at the end of last year, marking an increase of €21.1 billion compared to the same period in 2024.
The growth in debt was driven primarily by the central government, whose consolidated debt rose by €4.8 billion during the quarter, rising to €208.7 billion.
This increase was largely due to the issuance of long-term bonds, which added €5.0 billion to the central government’s debt stock.
At the same time, the stock of short-term debt instruments with a maturity of under one year decreased slightly (€0.2 billion). Minor changes in loans further contributed to the overall increase.
Local government
The local government sector also saw a modest rise in debt, increasing by €0.8 billion to a total of €39.4 billion. Most of this growth came from long-term loans, which grew by €0.5 billion during the quarter, reflecting ongoing municipal investment and spending requirements.
Meanwhile, the debt of social security funds increased by €0.2 billion, reaching €2.2 billion, due to a combination of short-term and long-term loans.
Further publications on general government debt in Finland are scheduled for 17 June, 30 September, and 18 December 2026. Read more here.
