HomePress release - Balance and debt of general government sector - first EDP notification of 2014

Press release - Balance and debt of general government sector - first EDP notification of 2014

The general government sector had a deficit of HUF 627 billion in 2013, 2,2 % 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 23 068 billion, 79.2% of GDP at the end of 2013.