Government finance statistics

Council Regulation 479/2009, as amended, requires that Member States report EDP-related data to Eurostat twice per year – at end-March and end-September. The data are reported in harmonised tables. These tables are designed specifically to provide a consistent framework, with a link to national budgetary aggregates and between the deficit and changes in the debt. They should be fully consistent with GFS data. Warning: Eurostat publishes the notification tables as transmitted by Member States. In application of Council Regulation 479/2009, these tables include data for the current year which are forecasts and not statistics. It is important to note that Eurostat's assessment does not cover these forecasts.

 

A note analysing the "Stock-flow adjustments" and describing the underlying factors behind changes in government debt can be found here.
 

This note, prepared by Eurostat on the basis of the latest EDP Notification Tables, provides a country analysis of these changes and is fully consistent with the latest Eurostat EDP News Release.

 

 

BE

BG

CZ

DK

DE

EE

IE

EL

ES

FR

IT

CY

LV

LT

LU

HU

MT

NL

AT

PL

PT

RO

SI

SK

FI

SE

UK (cy)

UK (fy)

*

*

 

 

 

BE

BG

CZ

DK

DE

EE

IE

EL

ES

FR

IT

CY

LV

LT

LU

HU

MT

NL

AT

PL

PT

RO

SI

SK

FI

SE

UK (cy)

UK (fy)

*

*

 

* The United Kingdom provides EDP notification tables for the calendar year (cy) and financial year (fy) (1 April to 31 March). The relevant data for implementation of the excessive deficit procedure are financial year data.

All files are in PDF format

 

The EDP Notification Tables have the following format:

 

- EDP Table 1
Table 1 provides a summary view showing the net lending / net borrowing for general government and sub-sectors, the general government debt by instrument, interest payable by general government (reported both with and without interest payments on swaps and FRA), gross fixed capital formation of general government, as well as the GDP of the reference year.

 

- EDP Tables 2
Tables 2 (2A, 2B, 2C and 2D) provide the link between the so-called working balances (i.e., the public deficit as reported nationally to parliament) and the net lending / net borrowing in ESA 1995 for each sub-sector. The working balances often correspond to the traditional budget deficit or a public accounting balance. Working balances need to be completed by operations that are off-budget, but that are considered in national accounts as part of government operations. Working balances need to be corrected for operations that impact them whilst are considered as financial transactions in national accounts without impact on the ESA deficit (e.g. loans granted by government), or alternatively the reverse: for operations that did not impact the working balances whilst are considered as expenditure in national accounts with impact on the ESA deficit (e.g. many cases of capital injections).

 

- EDP Tables 3
Tables 3 [3A, 3B, 3C, 3D, 3E] make the link between the net lending / net borrowing (ESA deficit) and the change in debt. Whereas the change in debt over one period reflects largely the deficit of the period, it is by no way equal. As an example, for a given deficit (i.e. an excess of expenditure over revenue), higher net acquisitions of financial assets lead to higher borrowing needs and therefore, likely, a higher change in debt.

 

- EDP Table 4
Table 4 shows supplementary information: the stock in trade credit payable by government; the amount outstanding in the government debt from the financing of public undertakings; the extent and the reasons in case of substantial differences between the face value and the present value of government debt; and the Gross National Income (GNI).