Households' financial assets 

Updated: 22.12.2017 - Next update: 28.3.2018

Holding gains raised households financial assets

During the third quarter of 2017, households increased their net investments in financial assets by EUR 0.6 billion. Investments in cash, current accounts and other transferable deposits grew on net by EUR 0.9 billion in total. In total, EUR 0.4 billion more new investments flowed to quoted shares and mutual fund shares than assets were withdrawn from them. In turn, investments in time deposits and debt securities decreased on net.

Statistical release

Statistics Finland, Financial accounts

Description of indicator

The indicator shows the value of households' financial assets at the end of each quarter by financial asset category. In financial accounts, data are compiled in accordance with the 2010 European System of Accounts (ESA 2010). Financial assets are mainly valued at market value. Deposits and loans are, however, valued at nominal value. Other shares and equity for which no market value is available, are valued at the enterprises' equity value.

Insurance, pension and standardised guarantee schemes include households' insurance receivables. It includes life insurance technical reserves, pension entitlements and non-life insurance related households' receivables. Life insurance technical reserves consist of outstanding claims of life insurance policies. Pension entitlements include pension funds that have been established to ensure payment of other than statutory employment pensions (TEL).

The development of households' financial assets affect households' consumption possibilities and thus have an effect on economic growth. In addition, households' financial assets are important in terms of the stability of the financing system.