This table provides data on the general government balance sheet. Not the full balance is shown: the table is limited to financial assets and liabilities. Of this, the start and end positions and the mutations are displayed for each period. The changes are distinguished in financial transactions and other changes. These are a result of agreements between units (transactions) or have a different cause, such as revaluations or reclassifications (other changes).
The data in this table are consolidated. This means that flows between them are eliminated. As a result, the assets and liabilities of the subsectors do not add to the assets and liabilities of the general government sector. Loans from, for example, the State Government to the social security funds are part of the State Government’s loans. They do not count for loans from the general government sector. They are loans granted by the State 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.
Financial assets and liabilities are presented at market value in this table.
Data available from:
Annual figures from 1995, quarterly figures 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 2020 and the first three quarters of 2021 have been adjusted. The adjustments for 2020 have not yet been included in the National Accounts. As a result, the data are temporarily not fully aligned with the publications of the National Accounts. Figures for 2020 have been adjusted, in particular as a result of up-to-date information on coronavirus support measures. The changes are explained in a news release on 25 March 2022. Other claims/debts (AF8) have been adjusted.
The figures for public finances and national accounts are in full line with the next publication date, as of 24 June 2022.
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’.
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