30 June 2009
2009- n° 175Debt of the general government according to the Maastricht definition – 1st Quarter
2009 Debt of the general government according to the Maastricht definition - First Quarter
2009
At the end of the first quarter of 2009, the public debt reached 1413.6 billion euros, a 86.5 billion euros rise compared to Q4 2008.
Comment
At the end of the first quarter of 2009, the public debt reached 1413.6 billion euros, a 86.5 billion euros rise compared to Q4 2008.
As a percentage of GDP, the debt amounted approximately to 72.9%, +4.8 points compared to Q4 2008.
The growth of the general government net debt was lower and represented approximately 63.6% of the GDP, +2.2 points compared to Q4 2008.
Table
tableauTableau 1 – The debt of the general government according to the Maastricht definition
(billion euros)
| Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | |
|---|---|---|---|---|---|
| General Government | 1249.8 | 1268.5 | 1284.2 | 1327.1 | 1413.6 |
| of which: State | 965.0 | 984.9 | 996.2 | 1036.2 | 1080.7 |
| Central agencies | 95.6 | 90.7 | 94.8 | 109.1 | 156.0 |
| Local Government | 133.0 | 132.8 | 134.3 | 146.7 | 142.8 |
| Social security funds | 56.1 | 60.2 | 59.0 | 35.1 | 34.0 |
- Source: National Accounts - INSEE, DGFiP, Banque de France
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