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The public debt reached 1457.4 billion euros

The general government debt according to the Maastricht definition – 3rd quarter of 2009

A 29.4 billion euros increase of the public debt

At the end of the third quarter of 2009, the public debt, which is a gross debt, reached 1457.4 billion euros, a 29.4 billion euros rise compared to Q2 2009. As a percentage of GDP, the debt amounted approximately to 75.8%, +1.9 point compared to Q2 2009. The growth of the general governement net debt was lower and represented approximately 69.3% of the GDP, +3.3 points compared to Q2 2009.

Debt of the general government according to the Maastricht definition (% of GDP)

Debt of the general government according to the Maastricht definition (% of GDP)
The debt of the general government according to the Maastricht definition at the end of Q3 2009 by sub-sector and by instrument category
(billion euros)
Source: National accounts - Insee, DGFiP, Banque de France
Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009
General government 1284.2 1314.1 1366.9 1428.0 1457.4
% of GDP 66.0% 67.4% 70.5% 74.0% 75.8%
of which, by sub-sector:
State 996.2 1036.2 1080.7 1135.4 1158.8
Central agencies 94.8 96.1 109.3 109.8 109.4
Local government 134.3 146.7 142.9 141.1 141.6
Social security funds 59.0 35.1 34.0 41.7 47.6
of which, by category:
Currency and deposits 16.0 23.5 20.7 19.1 19.8
Securities other than shares 1070.3 1104.1 1167.2 1224.2 1249.3
of which:
Short-term securities 150.4 178.3 218.4 228.2 265.9
Long-term securities 920.0 925.8 948.9 996.0 983.4
Loans 197.9 186.6 179.0 184.7 188.3
of which:
Short-term loans 46.3 16.5 17.1 23.3 25.9
Long-term loans 151.6 170.1 161.9 161.3 162.4

Informations Rapides

n° 337 - December 30, 2009

Debt of the general government according to the Maastricht definition - Third Quarter 2009

Next issue June 28, 2013 08:45 - 1st Quarter 2013

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Since July 2009, display of the Informations Rapides has changed.