General government deficit and debt in 2015

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19.10.2016

On 30 September 2016, 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 have 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, 2016 edition)[1].

According to the EDP notification, in 2015 the general government deficit was equal 45 976 mln zl (2,6% GDP), while the general government debt amounted to 919 660 mln zl (51,1% GDP).


Table 1. General government deficit and debt in years 2010-2015 (mln zl)

Specification

2010

2011

2012

2013

2014

2015

Gross domestic product (GDP)

1 445 297*

1 566 813*

1 629 392*

1 656 842*

1 719 704*

1 798 302*

General government deficit/surplus

-106 115*

-75 531*

-60 138*

-67 130*

-58 980*

-45 976*

% of GDP

-7,3%*

-4,8%*

-3,7%

-4,1%*

-3,4%*

-2,6%

Central government deficit/surplus

-84 989*

-62 432*

-59 042*

-59 575*

-38 803*

-39 435*

% of GDP

-5,9%*

-4,0%

-3,6%

-3,6%

-2,3%*

-2,2%

Local government deficit/surplus

-18 047*

-11 751*

-4 556*

-2 926*

-3 240*

50*

% of GDP

-1,2%

-0,7%

-0,3%

-0,2%

-0,2%

0,0%

Social security funds deficit/surplus

-3 079

-1 348

3 460

-4 629

-16 937

-6 591*

% of GDP

-0,2%

-0,1%

0,2%

-0,3%

-1,0%

-0,4%

General government debt

767 844*

847 706*

875 085*

922 563*

863 810*

919 660*

% of GDP

53,1%*

54,1%*

53,7%*

55,7%*

50,2%*

51,1%*

 

[1] The newest version of the manual is available on the website:

   http://ec.europa.eu/eurostat/documents/3859598/7203647/KS-GQ-16-001-EN-N.pdf/5cfae6dd-29d8-4487-80ac-37f76cd1f012.

* Data have been revised in relation to the previously published.

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