HomePress release - Balance and debt of general government sector - first EDP notification of 2012 - 23rd April 2012

Press release - Balance and debt of general government sector - first EDP notification of 2012 - 23rd April 2012

The general government sector had a surplus of HUF 1 205 billion in 2011, 4.3% of GDP according to the preliminary data of national accounts. The government data were calculated on the legal grounds of the Excessive Deficit Procedure (EDP) in the methodological framework of the European System of Accounts (ESA95) and were reported to Eurostat.

According to the figures of the National Bank of Hungary, general government debt amounted to HUF 22 692 billion, 80.6% of GDP at the end of 2011.

Data for 2008-2011 are the same as published on March 30, planned data for 2012 were revised by the Ministry for National Economy to achive full consistency with Convergence Program.

Further information: