Government debt; debt securities, lender, valuation basis, sectors

This table provides data on general government debt. The debt is divided into different debt securities. For each debt instrument (type of financial instrument), the share of the different holders (grantors) is disclosed. The debt is presented in facial value (original amount of debt) and in market value (the value at which the debt can be traded in the relevant period). In determining the public debt according to EMU definitions, the facial value is used, in the national accounts the market value. The total debt relates to the debt in euros and foreign currencies.The foreign currency debt relates to the debt entered into in currencies other than euro, but this debt has been converted into euros. The data in this table are consolidated. This means that flows between them are eliminated. As a result, the debts of the subsectors do not add to the debt of the general government sector. Debts of, for example, the social security funds to the government are part of the debts of the social security funds. They do not count towards the debt of the general government sector. After all, it is debts that the government owes to the government. The terms used are in line with the National Accounts. The national accounts are based on the international definitions of the European System of Accounts (ESA 2010). Temporary differences may occur from the publications of the National Accounts because the published figures of government accounts are sometimes more up-to-date. Data available from: Annual data from 1995, quarterly data from 1999. Status of the figures: The figures in this table have definitive status for the period 1995-2019. The 2020 and 2021 figures have provisional status. Changes as of 25 March 2022: Figures for the fourth quarter of 2021 and the year 2021 are available. In addition, figures for the first three quarters of 2021 have been adjusted. When will there be new figures? The first figures for the most recent quarter are published three months after the end of a quarter. The first quarter may then be adjusted in September, the second quarter in December and the first three quarters in March. The first annual figures shall be published three months after the end of the reporting year. The annual figures are then revised twice: six and eighteen months after the end of the reporting year. In addition, interim updates may take place in order to provide the European Commission with the most up-to-date public data at the end of March and the end of September. The data for the quarters are linked to the adjusted annual figures. The updated annual and quarterly figures are published at the end of June each year. Information on the revision policy of National Accounts can be found under paragraph 3 ‘relevant articles’.