Government Finance Statistics; key figures
Explanation of symbols
Table explanation
This table contains information on the finances of the general government sector. The terms and definitions used are in accordance with the framework of the National Accounts. The National Accounts are based on the international definitions of the European System of Accounts (ESA 2010). Small temporary differences with publications of the National Accounts may occur due to the fact that the government finance statistics are sometimes more up to date.
Data available from:
Yearly figures from 1995, quarterly figures from 1999.
Status of the figures:
The figures for the period 1995-2021 are final. The quarterly figures for 2022 are provisional. The annual figures for 2022 are final. The figures for 2023 and 2024 are provisional.
Changes as of 23 September 2024:
Figures on the second quarter of 2024 are available.
Revenue of the State in 2022 has been revised due to updated information related to the Solidarity contribution.
(Seasonal adjusted) government revenue, (seasonal adjusted) government expenditure and (seasonal adjusted) balance of general government have been adjusted.
When will new figures be published?
Initial quarterly figures are published three months after the end of the quarter. In September the figures on the first quarter are revised, in December the figures on the second quarter are revised and in March the first three quarters are revised. Yearly figures are published for the first time three months after the end of the year concerned. Yearly figures are revised two times: 6 and 18 months after the end of the year. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures. Revised yearly figures are published in June each year. Quarterly figures are aligned to revised years at the end of June. More information on the revision policy of National Accounts can be found under 'relevant articles' under paragraph 3.
Description topics
- Memorandum items (million euros)
- Some memorandum items of the government finance statistics.
- Government revenue seasonal adjusted
- Revenue per quarter corrected for seasonal effects.
- Government expenditure seasonal adjusted
- Expenditure per quarter corrected for seasonal effects.
- Balance of GG sector seasonal adjusted
- Balance of the general government sector seasonal adjusted.
Balance between revenue and expenditure of the general government sector. In the national accounts this equals net lending/net borrowing of the general government sector. The balance of the general government sector is often presented as percentage of GDP.
The balance of the general government sector (or EMU-balance) is an element of the Stability and Growth Pact. A positive figure indicates a surplus, a negative figure indicates a deficit.
- Net saving
- Net saving remains after deducting consumption of fixed capital from gross saving.
- Net saving and capital transfers
- Changes in net worth, due to saving and capital transfers, which corresponds to net saving plus capital transfers receivable, minus capital transfers payable.
- Memorandum items (% of GDP)
- Some memorandum figures on government finance statistics, presented as a percentage of gross domestic product (GDP).
The gross domestic product (market value) is the result of the productive activities of residential production units. It equals to the added value (basic prices) of all industries, completed with some transactions that cannot be attributed to industries.- Government revenue seasonal adjusted
- Revenue of the general government sector per quarter corrected for seasonal effects, presented as a percentages percentage of gross domestic product (GDP) per quarter corrected for seasonal effects.
- Government expenditure seasonal adjusted
- Expenditure of the general government sector per quarter corrected for seasonal effects, presented as a percentages percentage of gross domestic product (GDP) per quarter corrected for seasonal effects.
- Balance of GG sector seasonal adjusted
- Balance of the general government sector seasonal adjusted.
Balance of the general government sector per quarter corrected for seasonal effects, presented as a percentages percentage of gross domestic product (GDP) per quarter corrected for seasonal effects.
- Net saving
- Net saving, presented as a percentage of gross domestic product (GDP).
Net saving remains after deducting consumption of fixed capital from gross saving.
Quarterly net saving as a percentage of GDP is a progressive yearly total. It is calculated as the sum of the net saving of the quarter considered plus three preceding quarters, divided by the sum of GDP of the quarter considered plus three preceding quarters. The figure for the fourth quarter equals the yearly figure.
- Net saving and capital transfers
- Changes in net worth, due to saving and capital transfers, presented as a percentage of gross domestic product (GDP).
Changes in net worth, due to saving and capital transfers, which corresponds to net saving plus capital transfers receivable, minus capital transfers payable.
Quarterly changes in net worth, due to saving and capital transfers as a percentage of GDP is a progressive yearly total. It is calculated as the sum of the net worth of the quarter considered plus three preceding quarters, divided by the sum of GDP of the quarter considered plus three preceding quarters. The figure for the fourth quarter equals the yearly figure.