On 31 March 2015, 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).

The data has been developed in accordance with the methodology of the European System of National and Regional Accounts in the European Union introduced by the Regulation (EU) No. 549/2013 of the European Parliament and of the Council of 21 May 2013 (ESA2010) and the guidelines contained in the Manual on Government Deficit and Debt, Implementation of ESA2010 (MGDD, 2014 edition).

According to the EDP notification, in 2014 the general government deficit was equal 55 241 mln zl (-3,2% GDP), while the general government debt amounted to 866 501  mln zl (50,1% GDP).

Data for years 2011-2013 has been slightly revised in relation to the previously published due to obtaining more detailed information on particular categories of general government expenditures. The reduction of debt of the general government in 2014 results from the redemption of treasury bonds in February 2014 as a result of the reform of the pension system. Consequently, central government subsector expenditures on debt service decreased (interest), what affected the level of deficit. According to the ESA2010 methodology, transfer of assets from the open pension funds has been registered as a financial transaction without impact on the deficit / surplus of social security funds subsector.

General government deficit and debt in years 2011-2014 (mln zl)