The public debt reached 1489.0 billion eurosDebt of the general government according to the Maastricht definition - 4th Quarter 2009

At the end of the fourth quarter of 2009, the public debt, which is a gross debt, reached 1489.0 billion euros, a 31.7 billion euros rise compared to Q3 2009. As a percentage of GDP, the debt amounted to 77.6%, +1.8 point compared to Q3 2009. The growth of the general government net debt (*) was lower and represented 70.7% of the GDP, +1.3 point compared to Q3 2009.

Informations rapides
No 87
Paru le : 31/03/2010
Prochaine parution le : 22/12/2017 at 08:45 - third quarter 2017

A 31.7 billion euros increase of the public debt

At the end of the fourth quarter of 2009, the public debt, which is a gross debt, reached 1489.0 billion euros, a 31.7 billion euros rise compared to Q3 2009. As a percentage of GDP, the debt amounted to 77.6%, +1.8 point compared to Q3 2009. The growth of the general government net debt (*) was lower and represented 70.7% of the GDP, +1.3 point compared to Q3 2009.

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

Tableau1 – The debt of the general government according to the Maastricht definition at the end of Q4 2009 by sub-sector and by instrument category

(billion euros)
The debt of the general government according to the Maastricht definition at the end of Q4 2009 by sub-sector and by instrument category
Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009
General government 1315.1 1347.2 1428.6 1457.3 1489.0
% of GDP 67.5% 69.5% 74.0% 75.8% 77.6%
of which, by sub-sector :
State 1036.2 1079.9 1134.6 1158.0 1162.6
Central agencies 95.5 88.9 109.2 108.2 115.3
Local government 148.1 144.1 142.3 142.8 156.8
Social security funds 35.4 34.3 42.4 48.3 54.3
of which, by category :
Currency and deposits 23.4 20.6 19.0 19.7 20.3
Securities other than shares 1103.7 1146.2 1223.5 1248.0 1261.5
of which :
Short-term securities 177.4 216.7 227.0 264.7 261.1
Long-term securities 926.3 929.5 996.5 983.3 1000.5
Loans 188.1 180.3 186.0 189.6 207.1
of which :
Short-term loans 16.7 17.3 23.6 26.2 24.2
Long-term loans 171.4 163.0 162.4 163.5 182.9
  • Source : National accounts - Insee, DGFiP, Banque de France

(*) The public net debt is defined as the difference between the public debt according to the Maastricht definition and the deposits, loans and securities other than shares held by the general government over the other sectors. Those assets are accounted in their nominal value.

Documentation

Methodology (pdf, 131 Ko)