At the end of the third quarter of 2010, the public debt reached 1574.6 billion eurosDebt of the general government according to the Maastricht definition - 3rd Quarter 2010

At the end of the third quarter of 2010, the public debt, which is a gross debt, reached 1574.6 billion euros, a 17.0 billion euros decrease compared to Q2 2010. As a percentage of GDP, the debt amounted approximately to 81.5%, instead of 82.9% at the end of Q2 2010. The general governement net debt (*) kept growing and represented approximately 74.6% of the GDP, instead of 73.9% at Q2 2010.

Informations rapides
No 319
Paru le : 28/12/2010
Prochaine parution le : 29/09/2017 at 08:45 - second quarter 2017

A 17.0 billion euros decrease of the public debt

At the end of the third quarter of 2010, the public debt, which is a gross debt, reached 1574.6 billion euros, a 17.0 billion euros decrease compared to Q2 2010. As a percentage of GDP, the debt amounted approximately to 81.5%, instead of 82.9% at the end of Q2 2010. The general governement net debt (*) kept growing and represented approximately 74.6% of the GDP, instead of 73.9% at Q2 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 Q3 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 Q3 2010 by sub-sector and by instrument category
Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010
General government 1457.3 1489.0 1535.5 1591.6 1574.6
% of GDP 76.2% 78.1% 80.4% 82.9% 81.5%
of which, by sub-sector :
State 1158.0 1162.6 1206.0 1249.6 1235.5
Central agencies 108.2 115.3 112.6 119.6 109.5
Local government 142.8 156.8 154.0 151.5 151.4
Social security funds 48.3 54.3 63.0 70.9 78.3
of which, by category :
Currency and deposits 19.7 20.3 19.3 19.0 19.2
Securities other than shares 1248.0 1261.5 1301.3 1350.1 1342.9
of which :
Short-term securities 264.7 261.1 258.9 262.1 262.9
Long-term securities 983.3 1000.5 1042.4 1088.0 1080.0
Loans 189.6 207.1 215.0 222.6 212.5
of which :
Short-term loans 26.2 24.2 39.2 47.5 36.8
Long-term loans 163.5 182.9 175.7 175.0 175.7
  • 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)