Content
About the statistics
Definitions
-
Name and topic
-
Name: General government, financial assets and liabilities
Topic: Public sector
-
Next release
-
-
Responsible division
-
Division for Public Finance
-
Definitions of the main concepts and variables
-
Total financial assets: Total financial assets at market value, consolidated.
Total liabilities: Total liabilities at market value, consolidated.
Net financial assets: Total financial assets - total liabilities.
Net revaluations: Other changes in volume plus revaluations due to changes in market prices of financial instruments.
Change in net financial assets: Net financial assets year (t) minus net financial assets year (t-1). This equals net borrowing/lending (t) + net revaluations (t)
Net borrowing/lending in financial accounts: Net acquisition of financial assets - net incurrence of liabilities
General government gross debt according to the Maastricht definition: Gross liabilities in the form of deposits, certificates, commercial papers and Treasury bills, bonds, and loans, at nominal value and consolidated (i.e. minus debt between units within general government). This figure is used for comparisons between the EU countries.
-
Standard classifications
-
Financial instrument: Financial assets and liabilities are classified by main type, aiming at having relatively uniform groups. The classification is based on the international guidelines for National Accounts.
Debtor/creditor sector: Financial assets and liabilities are classified according to which financial sector in the economy the individual debtor or creditor belongs to. Classification is based on international guidelines.
In addition central and local government are classified by institutional sub-sectors.