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Public finances
National accounts - Base 2005
Last update: May 15, 2013
The "Public finances" item introduces the leading indicators published by Insee relating to the general government accounts. It aims at satisfying the growing interest of a large audience for information on this topic (political decision makers, international organizations...). Its implementation follows the recommendations of the IMF formulated in a quality audit run in 2003.
Quarterly national accounts
Updated on the 15th of may 2013
| (*) The annual GDP is used for the fourth quarter. As for the other quarters, the annual GDP is approximated by the sum of the quarterly trading-days and seasonally ajusted GDP of the four last quarters. | |||||||
| Source: National accounts - Base 2005, Insee | |||||||
| Titles | Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 |
| Quartely debt (in billions of euros) | 1 696,8 | 1 693,1 | 1 716,9 | 1 789,2 | 1 832,4 | 1 818,0 | 1 833,8 |
| Quarterly debt (in % of GDP)(*) | 86,1 | 85,3 | 85,8 | 89,0 | 90,8 | 89,7 | 90,2 |
Annual national accounts
| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |
|---|---|---|---|---|---|---|---|---|
| (1) The expenditure and receipts of the general government excluding the imputed socials contributions may, in certain cases, prove to be a better basis for international comparisons. | ||||||||
| (2) Debt according to the Regulation n°3605 of the European Commission. | ||||||||
| (3) The general government net debt is defined as the difference between the general government debt according to the Maastricht definition and the deposits, loans and securities (excluding shares) held by the general government over the other sectors. | ||||||||
| (4) Excluding imputed social contributions. | ||||||||
| Source: National accounts - Base 2005, INSEE | ||||||||
| Expenditure | 53,6% | 53,0% | 52,6% | 53,3% | 56,8% | 56,6% | 55,9% | 56,6% |
| Expenditure excluding imputed social contributions (1) | 51,8% | 51,2% | 50,8% | 51,5% | 54,8% | 54,6% | 53,9% | 54,6% |
| Receipts | 50,6% | 50,6% | 49,9% | 49,9% | 49,2% | 49,5% | 50,6% | 51,8% |
| Receipts excluding imputed social contributions (1) | 48,8% | 48,8% | 48,1% | 48,1% | 47,3% | 47,5% | 48,6% | 49,8% |
| Deficit according to the Maastricht definition | -2,9% | -2,3% | -2,7% | -3,3% | -7,5% | -7,1% | -5,3% | -4,8% |
| Debt according to the Maastricht definition (2) | 66,8% | 64,1% | 64,2% | 68,2% | 79,2% | 82,4% | 85,8% | 90,2% |
| Net debt (3) | 60,6% | 59,6% | 59,6% | 62,3% | 72,0% | 76,0% | 78,7% | 82,4% |
| Compulsory levies (4) | 43,8% | 44,1% | 43,4% | 43,2% | 42,1% | 42,5% | 43,7% | 45,0% |
| of which levies of the European Union | 0,3% | 0,3% | 0,3% | 0,3% | 0,2% | 0,2% | 0,2% | 0,2% |
