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Press release - Balance and debt of general government sector - second EDP notification of 2012 - 28th September 2012

The general government sector had a surplus of HUF 1 213 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 22 690 billion, 81,4% of GDP at the end of 2011.

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