General government deficit and debt in 2018
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According to the EDP notification, in 2018 the general government deficit was equal 7 987 mln zl (0,4% of GDP), while the general government debt amounted to 1 034 358 mln zl (48,9% of GDP).
On 29 March 2019, 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 2015-2018 (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 2015-2018 (mln zl)
|
Specification |
2015 |
2016 |
2017 |
2018 |
|---|---|---|---|---|
|
Gross domestic product (GDP) |
1 800 228 |
1 861 112 |
1 989 314* |
2 115 672 |
|
General government deficit/surplus |
-48 703* |
-41 614* |
-30 404* |
-7 987 |
|
% GDP |
-2,7% |
-2,2% |
-1,5%* |
-0,4% |
|
Central government deficit/surplus |
-39 831 |
-44 907 |
-72 556* |
-13 394 |
|
% GDP |
-2,2% |
-2,4% |
-3,7%* |
-0,6% |
|
Local government deficit/surplus |
-991* |
5 062* |
1 182* |
-7 369 |
|
% GDP |
-0,1% |
0,3% |
0,1% |
-0,4% |
|
Social security funds deficit/surplus |
-7 881 |
-1 769 |
40 970 |
12 776 |
|
% GDP |
-0,4% |
-0,1% |
2,1% |
0,6% |
|
General government debt |
923 259* |
1 009 257* |
1 005 722* |
1 034 358 |
|
% GDP |
51,3% |
54,2% |
50,6% |
48,9% |
* Data have been revised in relation to the previously published on 22.10.2018r.
[1] The newest version of the manual is available on the website:
