Public deficit/surplus is defined in the Maastricht Treaty as general government net borrowing/lending according to the European System of Accounts. The general government sector comprises central government, state government, local government, and social security funds. The relevant definitions are provided in Council Regulation 479/2009, as amended.
Public deficit/surplus is defined in the Maastricht Treaty as general government net borrowing/lending according to the European System of Accounts. The general government sector comprises central government, state government, local government, and social security funds. The relevant definitions are provided in Council Regulation 479/2009, as amended.
General government gross fixed capital formation (ESA 2010 code P.51g) consists of resident producers' acquisitions, less disposals of fixed assets during a given period plus certain additions to the value of non-produced assets realised by the productive activity of government producer or units. Fixed assets are produced assets used in production for more than one year.
The indicator is defined (in the Maastricht Treaty) as consolidated general government gross debt at nominal (face) value, outstanding at the end of the year in the following categories of government liabilities (as defined in ESA 2010): currency and deposits, debt securities and loans. The general government sector comprises the subsectors: central government, state government, local government and social security funds.
The data correspond to quarterly government debt. Public debt is defined in the Maastricht Treaty as consolidated general government gross debt at nominal (face) value, outstanding at the end of the year. Data for the general government sector are consolidated between subsectors at the national level. Data are non-seasonally adjusted.