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General government sector balance

Details:

Full name of indicator:	General government sector balance
Code:	9763
Topic:	Economic accounts
Validity:	01.01.1900 - 09.09.9999
Definition:	The general government surplus/deficit as a % of GDP represents a ratio of the item B.9 “net borrowing (−) or net lending (+) to gross domestic product. It refers to the ability of the general government sector to finance other sectors of the economy (+) or the need of the general government sector to be financed (−) by other sectors of the economy in the given period. All aggregates are consistent and are based on the statistical system of national accounts and are consistent with data used in excessive deficit procedure (EDP) and with data used for Maastricht convergence criteria procedure. The government surplus/deficit and GDP are in current prices of a given quarter. The indicator is not seasonally adjusted, therefore, a given quarter cannot be compared with other quarters of the same year. It is more suitable to compare a given quarter with the same quarter of previous years. The indicator is preliminary and may be revised later.
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Displayed on: 22.11.2024