The public debt reached 1591.5 billion eurosDebt of the general government according to the Maastricht definition - 2nd Quarter

At the end of the second quarter of 2010, the public debt, which is a gross debt, reached 1591.5 billion euros, a 56.0 billion euros rise compared to Q1 2010. As a percentage of GDP, the debt amounted approximately to 82.9%, +2.5 points compared to Q1 2010. The growth of the general governement net debt (*) was lower and represented approximately 73.9% of the GDP, +1.2 point compared to Q1 2010.

Informations rapides
No n°xx 
Paru le : 30/09/2010
Prochaine parution le : 22/12/2017 at 08:45 - third quarter 2017

A 56.0 billion euros increase of the public debt

At the end of the second quarter of 2010, the public debt, which is a gross debt, reached 1591.5 billion euros, a 56.0 billion euros rise compared to Q1 2010. As a percentage of GDP, the debt amounted approximately to 82.9%, +2.5 points compared to Q1 2010. The growth of the general governement net debt (*) was lower and represented approximately 73.9% of the GDP, +1.2 point compared to Q1 2010.

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 Q2 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 Q2 2010 by sub-sector and by instrument category
Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010
General government 1428.6 1457.3 1489.0 1535.5 1591.5
% of GDP 74.2% 76.2% 78.1% 80.4% 82.9%
of which, by sub-sector :
State 1134.6 1158.0 1162.6 1206.0 1249.6
Central agencies 109.2 108.2 115.3 112.6 119.6
Local government 142.3 142.8 156.8 154.0 151.4
Social security funds 42.4 48.3 54.3 63.0 70.9
of which, by category :
Currency and deposits 19.0 19.7 20.3 19.3 19.0
Securities other than shares 1223.5 1248.0 1261.5 1301.3 1350.1
of which :
Short-term securities 227.0 264.7 261.1 258.9 259.7
Long-term securities 996.5 983.3 1000.5 1042.4 1090.4
Loans 186.0 189.6 207.1 215.0 222.4
of which :
Short-term loans 23.6 26.2 24.2 39.2 47.5
Long-term loans 162.4 163.5 182.9 175.7 174.9
  • 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)