28 September 2012
2012- n° 239The public debt reached 1832.6 billion euros Debt of the general government according to the Maastricht definition - 2nd Quarter
2012
At the end of the second quarter of 2012, the public debt, which is a gross debt, reached 1832.6 billon euros, a 43.2 billion euros rise compared to Q1 2012. As a pourcentage of GDP, the debt amounted approximately to 91.0 %, +1.7 point compared to Q1 2012. The growth of the general governement net debt was lower, a 25.7 billion rise compared to Q1 and represented approximately 80.3 % of the GDP, +0.9 point compared to Q1 2012.
A strong increase of the public debt
At the end of the second quarter of 2012, the public debt, which is a gross debt, reached 1832.6 billon euros, a 43.2 billion euros rise compared to Q1 2012. As a pourcentage of GDP, the debt amounted approximately to 91.0 %, +1.7 point compared to Q1 2012. The growth of the general governement net debt was lower, a 25.7 billion rise compared to Q1 and represented approximately 80.3 % of the GDP, +0.9 point compared to Q1 2012.
graphiqueGraphIR_EN – Debt of the general government according to the Maastricht definition (% of GDP)
tableauTableau 1 – The debt of the general government according to the Maastricht definition at the end of Q3 2011 by sub-sector and by instrument category
Q2 2011 | Q3 2011 | Q4 2011 | Q1 2012 | Q2 2012 | |
---|---|---|---|---|---|
General government | 1696,1 | 1692,2 | 1717,0 | 1789,4 | 1832,6 |
% of GDP | 86,2% | 85,4% | 86,0% | 89,3% | 91,0% |
of which, by sub-sector : | |||||
State | 1338,6 | 1330,0 | 1335,1 | 1381,9 | 1433,2 |
Central agencies | 9,8 | 9,9 | 10,4 | 10,0 | 9,7 |
Local government | 154,3 | 153,4 | 166,3 | 160,9 | 161,3 |
Social security funds | 193,4 | 199,0 | 205,2 | 236,6 | 228,4 |
of which, by category : | |||||
Currency and deposits | 27,9 | 30,5 | 30,0 | 31,5 | 30,7 |
Securities other than shares | 1467,4 | 1457,7 | 1471,2 | 1540,1 | 1571,3 |
of which : | |||||
Short-term securities | 227,9 | 240,2 | 226,0 | 236,1 | 225,6 |
Long-term securities | 1239,5 | 1217,5 | 1245,1 | 1304,0 | 1345,6 |
Loans | 200,7 | 203,9 | 215,8 | 217,8 | 230,6 |
of which : | |||||
Short-term loans | 10,4 | 12,7 | 8,5 | 10,0 | 11,8 |
Long-term loans | 190,3 | 191,2 | 207,2 | 207,8 | 218,8 |
- Source : National accounts - Insee, DGFiP, Banque de France