General government deficit and debt in 2012

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21.10.2013

On 30 September 2013, in accordance with the Council Regulation (EC) No. 479/2009 of 25 May 2009 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing European Community with amendments, the President of the CSO provided the general government deficit and debt data (EDP notification) to the European Commission (Eurostat).

According to the EDP notification, in 2012 the general government deficit was equal 62 439 mln zl (-3,9% GDP), while the general government debt amounted to 886 873 mln zl (55,6% GDP).

Data for years 2009-2012 have been revised slightly in relation to the previously published due to implementation of decisions made during European Commission (Eurostat) EDP dialogue visit and upstream dialogue visit to Poland. Additionally, changes in data for 2012 result from the use of final data.

General government deficit and debt in years 2009-2012 (mln zl)

Specification

2009

2010

2011

2012

Gross DomesticProduct(GDP)

1 344 505

1 416 585

1 528 127

1 595 225

General government deficit/surplus

-100 403

-111 784

-76 373

-62 439

% GDP

-7,5%

-7,9%

-5,0%

-3,9%

Central governmentdeficit/surplus

-73 535

-91 002

-63 747

-61 772

% GDP

-5,5%

-6,4%

-4,2%

-3,9%

Local government deficit/surplus

-14 740

-17 703

-11 278

-4 127

% GDP

-1,1%

-1,2%

-0,7%

-0,3%

Social security deficit/surplus

-12 128

-3 079

-1 348

3 460

% GDP

-0,9%

-0,2%

-0,1%

0,2%

General government debt

684 447

777 383

859 207

886 873

% GDP

50,9%

54,9%

56,2%

55,6%

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