According to the EDP notification, in 2017 the general government deficit was equal 32 953 mln zl (1,7% of GDP), while the general government debt amounted to 1 003 399 mln zl (50,6% of GDP).

On 30 March 2018, 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 2014-2017 (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].

Table 1 General government deficit and debt in years 2014-2017 (mln zl)

Specification

2014

2015

2016

2017

Gross domestic product (GDP)

1 719 769

1 799 392

1 858 468*

1 982 080

General government deficit/surplus

-62 338*

-47 632*

-43 642*

-32 953

% GDP

-3,6%

-2,6%

-2,3%*

-1,7%

Central government deficit/surplus

-39 790

-39 831

-46 474*

-75 097

% GDP

-2,3%

-2,2%

-2,5%*

-3,8%

Local government deficit/surplus

-3 782*

80*

4 601*

1 543

% GDP

-0,2%

0,0%

0,2%

0,1%

Social security funds deficit/surplus

-18 766

-7 881

-1 769

40 601

% GDP

-1,1%

-0,4%

-0,1%

2,0%

General government debt

864 240*

919 889*

1 006 585*

1 003 399

% GDP

50,3%*

51,1%

54,2%*

50,6%

* Data have been revised in relation to the previously published on 23.10.2017

[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.