Monthly review for central government finances

The review contains reports on the implementation of the Budget, and state income and expenses, assets, liabilities and cash flow. The information is based on the accounting data supplied by accounting units, off-budget entities and state-owned enterprises and maintained by the Finnish Government Shared Services Centre for Finance and HR in the Kieku system and from which the information is made available to consolidated accounting. The concepts of national accounts that are used by Statistics Finland in its reports are not used.

For the Power BI reports and charts of the monthly review, see the other subsites of this section. The subsites are displayed in the menu and as a page list at the bottom of this page.

  • The information on May is now available

    The central government budget deficit for January–May 2026 amounted to 1.25 billion euros, compared to 4.85 billion euros a year earlier. The deficit thus decreased by approximately 3.6 billion euros.

    However, a significant part of the improvement is explained by the consolidation of the State Housing Fund into the central government budget at the beginning of 2026, which increased revenues by around 3.9 billion euros. Adjusted for this, the deficit is effectively close to the previous year’s level.

    Government revenues increased mainly due to higher tax revenues, which totaled about 30.2 billion euros, an increase of 0.8 billion euros. At the same time, expenditure continued to grow: operating expenses were approximately 5.8 billion euros, net transfer expenditure about 27.0 billion euros, and spending on wellbeing services counties around 12.1 billion euros.

    Financial items weakened, with a net impact of approximately–0.7 billion euros, and government debt continued to increase, particularly long-term debt.

    Overall, central government finances remained structurally in deficit in early 2026. Although reported figures show a clear improvement, this is largely explained by the consolidation of the State Housing Fund into the budget, which increased revenues without a corresponding improvement in the underlying fiscal position. The development therefore does not yet indicate a sustained improvement in fiscal balance.

  • Table of contents of the review

    The monthly review for central government finances is divided into sections on-budget entities and central government finances. Below them are entities marked in bold, for which separate reports and related figures have been prepared. You can view these by clicking on the links. In addition, the third section of the website publishes an analysis of monthly review for central government finances, which presents the most significant changes in central government finances a few times a year.

    
    

    On-budget entities 

    Balance of on-budget entities (report)
    Revenue and expenditure of on-budget entities (chart)
    Surplus/deficit of on-budget entities (chart)
    Revenue of on-budget entities (report)
    Revenue of on-budget entities (chart)
    State income and expense account (report)
    Income and expenses from payment transfers (report)
    Expenses from payment transfers (chart)
    State balance sheet
    State balance sheet, assets (report)
    State balance sheet, liabilities (report)

    Central government finances 

    Time series (xls)

    Funds statement for central government finances (report)
    Balance of central government finances (report)
    Central government debt (report)

    Astika reporting (in Finnish)
    Astika – funds statement, month/cumulative (report)
    Astika – central government debt and liquid assets (report)

    Analysis of monthly review for central government finances

  • Reviews as PDF files
  • Publication timetable of the review

    • January and February reviews between 5 and 20 April
    • March-November reviews between 16th and 20th of each month
    • December review by the end of March

    Publication timetable for the turn of the year (December-February) differs from the other months because of the preparation of final central government accounts and the final accounts of accounting units. In those months, the data required for the reviews becomes available later than in other months.

    An analysis of the most important changes will be published a few times a year.

  • Application program interface

    The Exploreadministration.fi service provides data via an application program interface as well. The API can be used to access data for example on the central government’s financial information or personnel.

    THE EXPLOREADMINISTRATION.FI SERVICE’S API SERVICE (IN FINNISH)

Inquiries:
For more information about the monthly review, please contact Central Accounting, tel. +358 295 50 2000, or email to
kkp (at) valtiokonttori.fi

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