The public debt reached 1535.5 billion eurosDebt of the general government according to the Maastricht definition - 1st quarter 2010

At the end of the first quarter of 2010, the public debt, which is a gross debt, reached 1535.5 billion euros, a 46.5 billion euros rise compared to Q4 2009. As a percentage of GDP, the debt amounted approximately to 80.3%, +2.2 points compared to Q4 2009. The growth of the general governement net debt (*) was lower and represented approximately 72.7% of the GDP, +1.6 point compared to Q4 2009.

Informations rapides
No 169
Paru le : 30/06/2010
Prochaine parution le : 29/09/2017 at 08:45 - second quarter 2017

A 46.5 billion euros increase of the public debt

At the end of the first quarter of 2010, the public debt, which is a gross debt, reached 1535.5 billion euros, a 46.5 billion euros rise compared to Q4 2009. As a percentage of GDP, the debt amounted approximately to 80.3%, +2.2 points compared to Q4 2009. The growth of the general governement net debt (*) was lower and represented approximately 72.7% of the GDP, +1.6 point compared to Q4 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 Q1 2010 by sub-sector and by instrument category

(billion euros)
The debt of the general government according to the Maastricht definition at the end of Q1 2010 by sub-sector and by instrument category
Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010
General government 1347.2 1428.6 1457.3 1489.0 1535.5
% of GDP 69.5% 74.0% 75.8% 78.1% 80.3%
of which, by sub-sector :
State 1079.9 1134.6 1158.0 1162.6 1206.0
Central agencies 88.9 109.2 108.2 115.3 112.6
Local government 144.1 142.3 142.8 156.8 153.9
Social security funds 34.3 42.4 48.3 54.3 63.0
of which, by category :
Currency and deposits 20.6 19.0 19.7 20.3 19.3
Securities other than shares 1146.2 1223.5 1248.0 1261.5 1301.3
of which :
Short-term securities 216.7 227.0 264.7 261.1 258.9
Long-term securities 929.5 996.5 983.3 1000.5 1042.4
Loans 180.3 186.0 189.6 207.1 214.9
of which :
Short-term loans 17.3 23.6 26.2 24.2 39.2
Long-term loans 163.0 162.4 163.5 182.9 175.7
  • 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)