General government consolidated gross debt amounted to EUR 12.7 billion or 43.5 % of the GDP.
General Government Budget Deficit or Surplus and Debt
|
2017 |
2018 |
2019 |
2020 |
Budget deficit (-) / Surplus (+), million EUR |
||||
General government |
-210.8 |
-234.0 |
-171.7 |
-1,326.6 |
Central government |
-227.2 |
-288.7 |
-648.7 |
-1,420.8 |
Local governments |
-74.1 |
-191.5 |
186.8 |
-38.4 |
Social security fund |
90.5 |
246.2 |
290.2 |
132.6 |
General government budget deficit as % of GDP |
-0.8 |
-0.8 |
-0.6 |
-4.5 |
Consolidated gross debt at nominal value at the end of the year, million EUR |
|
|
|
|
General government |
10 518.7 |
10 815.6 |
11 246.6 |
12 749.9 |
Central government |
10 530.7 |
11 039.9 |
11 885.2 |
13 593.6 |
Local governments |
1 738.4 |
1 926.9 |
2 023.4 |
2 100.5 |
General government consolidated gross debt at nominal value at the end of the year as % of GDP |
39.0 |
37.1 |
37.0 |
43.5 |
Under the impact of Covid-19 pandemic in 2020 general government revenues, compared to 2019, reduced by 0.4 % and comprised EUR 11.5 billion, but expenditure – increased by 9.5 % and reached EUR 12.7 billion, of which EUR 0.8 billion were expenditure on Covid-19 support measures for the national economy.
You can read the full report on the official statistics portal.