The public debt reached 1789.4 billion eurosDebt of the general government according to the Maastricht definition - 1st quarter 2012

At the end of the first quarter of 2012, the public debt, which is a gross debt, reached 1789.4 billon euros, a 72.4 billion euros rise compared to Q4 2011. As a pourcentage of GDP, the debt amounted approximately to 89.3 %, +3.3 point compared to Q4 2011. The growth of the general governement net debt was lower, a 17.9 billion rise compared to Q4 and represented approximately 79.3 % of the GDP, +0.5 point compared to Q4 2011.

Informations rapides
No 161
Paru le : 29/06/2012
Prochaine parution le : 29/09/2017 at 08:45 - second quarter 2017

A strong increase of the public debt

At the end of the first quarter of 2012, the public debt, which is a gross debt, reached 1789.4 billon euros, a 72.4 billion euros rise compared to Q4 2011. As a pourcentage of GDP, the debt amounted approximately to 89.3 %, +3.3 point compared to Q4 2011. The growth of the general governement net debt was lower, a 17.9 billion rise compared to Q4 and represented approximately 79.3 % of the GDP, +0.5 point compared to Q4 2011.

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

Tableau 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

(billion euros)
The debt of the general government according to the Maastricht definition at the end of Q3 2011 by sub-sector and by instrument category
Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012
General government 1649,8 1696,1 1692,2 1717,0 1789,4
% of GDP 84,5% 86,2% 85,4% 86,0% 89,3%
of which, by sub-sector :
State 1286,0 1338,6 1330,0 1335,1 1381,9
Central agencies 11,0 9,8 9,9 10,4 10,0
Local government 157,2 154,3 153,4 166,3 160,9
Social security funds 195,7 193,4 199,0 205,2 236,6
of which, by category :
Currency and deposits 26,1 27,9 30,5 30,0 31,5
Securities other than shares 1407,2 1467,4 1457,7 1471,2 1540,1
of which :
Short-term securities 217,2 227,9 240,2 226,0 236,1
Long-term securities 1189,9 1239,5 1217,5 1245,1 1304,0
Loans 216,5 200,7 203,9 215,8 217,8
of which :
Short-term loans 27,4 10,4 12,7 8,5 10,0
Long-term loans 189,2 190,3 191,2 207,2 207,8
  • Source : National accounts - Insee, DGFiP, Banque de France

Documentation

Methodology (pdf, 131 Ko)