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General government deficit and debt in 2016

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23.10.2017

On 29 September 2017, 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 for years 2013-2016 (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 2016 the general government deficit was equal 45 870 mln zl (2,5% of GDP), while the general government debt amounted to 1 006 284 mln zl (54,1% of GDP).

Table 1. General government deficit and debt in years 2013-2016 (mln zl)

Specification	2013	2014	2015	2016
Gross domestic product (GDP)	1 656 895*	1 719 769*	1 799 392*	1 858 637*
General government deficit/surplus	-68 146*	-61 820*	-47 489*	-45 870*
% of GDP	-4,1%	-3,6%*	-2,6%	-2,5%*
Central government deficit/surplus	-60 494	-39 790	-39 831	-48 769*
% of GDP	-3,7%	-2,3%	-2,2%	-2,6%
Local government deficit/surplus	-3 023*	-3 264	223	4 668*
% of GDP	-0,2%	-0,2%	0,0%	0,3%*
Social security funds deficit/surplus	-4 629	-18 766*	-7 881*	-1 769*
% of GDP	-0,3%	-1,1%	-0,4%	-0,1%
General government debt	922 755	863 974*	919 588*	1 006 284*
% of GDP	55,7%	50,2%	51,1%	54,1%*