Government finance statistics and EDP statistics
What's it about?
This section presents statistics used for the excessive deficit procedure (EDP), including the following key indicators:
- general government surplus (+) / deficit (–) or net lending (+) / net borrowing (–)
- general government gross debt.
The general government sector (S.13) comprises non-market entities that are under public control.
The section also includes government finance statistics (GFS), which show the economic activities of the government. The GFS presentation is similar to that of business accounting in that the profit and loss account and the balance sheet are presented together in an integrated manner.
Statistics related to the EDP and the underlying GFS form the basis for fiscal monitoring in Europe. EU Member States must comply with budgetary discipline by respecting 2 criteria:
- a deficit-to-GDP ratio not exceeding the reference value of 3%
- a debt-to-GDP ratio not exceeding the reference value of 60%.
What information can I find here?
- Statistics used for the excessive deficit procedure (EDP)
- Annual and quarterly government finance statistics (GFS)
- Government revenue and expenditure (GFS presentation)
- Government expenditure by function (COFOG)
- Main national accounts tax aggregates (detailed tax and social contribution receipts)
- Main aggregates and full sequence of non-financial accounts for general government
- Contingent liabilities and potential obligations
- Government employment
Further information is available from Eurostat, including:
- the ESA 2010-based EDP inventory, which provides detailed information on the methods, procedures, and sources used to compile actual deficit and debt data, as well as the underlying government accounts
- the register of general government units;
- harmonised datasets and tables for EU Member States.
Publications
Surveys related to this theme
Last update