30 September 2011
2011- n° 236The public debt reached 1692.7 billion euros Debt of the general government according to the Maastricht definition - 2nd Quarter
2011
At the end of the second quarter of 2011, the public debt, which is a gross debt, reached 1692.7 billon euros, a 46.4 billion euros rise compared to Q1 2011. As a pourcentage of GDP, the debt amounted approximately to 86.2%, +1.7 point compared to Q1 2011. The growth of the general governement net debt was lower, a 23.1 billion rise compared to Q1 and represented approximately 77.8% of the GDP, +0.6 point compared to Q1 2009.
A strong increase of the public debt
At the end of the second quarter of 2011, the public debt, which is a gross debt, reached 1692.7 billon euros, a 46.4 billion euros rise compared to Q1 2011. As a pourcentage of GDP, the debt amounted approximately to 86.2%, +1.7 point compared to Q1 2011. The growth of the general governement net debt was lower, a 23.1 billion rise compared to Q1 and represented approximately 77.8% of the GDP, +0.6 point compared to Q1 2009.
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 Q2 2011 by sub-sector and by instrument category
Q1 2010 | Q2 2010 | Q3 2010 | Q4 2010 | Q1 2011 | |
---|---|---|---|---|---|
General government | 1591,9 | 1575,0 | 1591,2 | 1646,3 | 1692,7 |
% of GDP | 83,5% | 82,1% | 82,3% | 84,5% | 86,2% |
of which, by sub-sector : | |||||
State | 1252,2 | 1238,1 | 1245,0 | 1286,6 | 1339,2 |
Central agencies | 18,5 | 16,4 | 15,0 | 11,9 | 10,7 |
Local government | 149,6 | 149,5 | 160,6 | 156,6 | 153,9 |
Social security funds | 171,6 | 171,0 | 170,6 | 191,2 | 189,0 |
of which, by category : | |||||
Currency and deposits | 22,0 | 22,3 | 23,0 | 26,4 | 28,2 |
Securities other than shares | 1348,4 | 1341,9 | 1346,6 | 1406,7 | 1467,0 |
of which : | |||||
Short-term securities | 259,1 | 258,4 | 238,7 | 243,8 | 254,4 |
Long-term securities | 1089,3 | 1083,5 | 1107,9 | 1162,9 | 1212,5 |
Loans | 221,5 | 210,7 | 221,6 | 213,2 | 197,6 |
of which : | |||||
Short-term loans | 42,5 | 31,8 | 27,9 | 26,9 | 9,9 |
Long-term loans | 179,0 | 179,0 | 193,7 | 186,3 | 187,6 |
- Source : National accounts - Insee, DGFiP, Banque de France