31 March 2009
2009- n° 89General government national accounts - first results – year 2008 General government national accounts - first results - Year 2008
In 2008, the general government deficit reached 65.9 billion of euros, that is 3.4% of GDP.
Sommaire
Commentaire
In 2008, the general government deficit reached 65.9 billion of euros, that is 3.4% of GDP.
The general government gross debt grew by 9.8% and amounted to 1327.1 billion of euros at the end of 2008.
The growth of the general government net debt was lower and represented 61.3% of the GDP at the end of 2008.
Please note: Data have been updated since March 31. See (in French only) Insee Première n° 1237, "Les comptes des administrations publiques en 2008".
Tableau
tableauTableau 1 – Public sector finances - Key ratios
(% of GDP)
| 2004 | 2005 | 2006 | 2007 | 2008 | |
|---|---|---|---|---|---|
| General government deficit notified* | -3.6 | -2.9 | -2.3 | -2.7 | -3.4 |
| General government debt notified | 64.9 | 66.4 | 63.7 | 63.8 | 68.1 |
| Public net debt (**) | 58.5 | 60.5 | 59.4 | 59.1 | 61.3 |
| Total current receipts | 49.6 | 50.4 | 50.4 | 49.6 | 49.3 |
| Total current expenditure | 53.2 | 53.4 | 52.7 | 52.3 | 52.7 |
| Compulsory taxes and contributions | 43.2 | 43.6 | 43.9 | 43.2 | 42.8 |
- * General government deficit differs from net borrowing by swaps interest payments (0.3 billion euros in 2008).
- (**) The public net debt is equal to the general government debt notified minus the currency and deposits, the loans, and the securities other than shares held by the general government on the other sectors.
- Sources: INSEE, national accounts, base 2000 - Directorate-General of Public Finances (DGFIP), Directorate-General of the Treasury and Economic policy Bank of France
Pour en savoir plus
: bureau-de-presse@insee.fr
