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Reporting of Government deficits and debt levels by the Slovak Republic to the European Commission (Eurostat) before 1st April 2010 for 2006 - 2010

[ 22.04.2010 ]

 

more detailed data

In compliance with the Article 4 of the Council Regulation (EC) No. 3605/93 of 22nd November 1993 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing the European Community, the Slovak Republic is obliged to report data on deficits and debt levels for the general government for the purposes of assessment of Maastricht Criterions in the field of the budget.

For this purpose, the Slovak Republic compiles a report, which is delivered regularly two times a year to Eurostat. The report is submitted to Eurostat before 1st April, and updated data before 1st October of the calendar year.

Data on deficits and debt levels for the general government are compiled on the basis of accounting statements and additional documents and information on subjects classified in the general government sector.

The data for general government sector were compiled in accordance with the ESA 95 methodology and with other methodical guidelines and recommendations of Eurostat relevant for the evaluation of deficit and debt for general government sector.

Deficit and debt levels for 2005 - 2009

mill. EUR

 

2006(2)

2007(2)

2008(2)

2009

2010(1)

Deficit

-1 902,4

-1 143,0

-1 548,8

-4 289,5

-3 705,8

Deficit / GDP v %

-3,46%

-1,86%

-2,30%

-6,77%

-5,50%

Debt

16 769,4

18 052,5

18 612,9

22 584,5

26 519,0

Debt / GDP v %

30,46%

29,33%

27,69%

35,66%

39,36%

GDP

55 045,5

61 547,1

67 221,0

63 331,6

67 378,1

2006 - final data; 2007, 2008, 2009 half-finalized data
(1) Plan for 2010 was compiled by the Ministry of Finance of the Slovak Republic
(2) Data are recalculated by fixed conversion rate SKK/EUR

In comparison to the report submitted in autumn 2009 no changes were introduced for the period 2006 - 2008, which would led to the revision of the already reported figures on deficits and debt levels. Data for 2009 were compiled consistently with years 2006-2008 from accounting statements of units classified in General Government sector and on the basis supplementary information regarding accrual taxes and social contributions, payables and receivables and other adjustments. We used most up-to date available information on units classified in S.13.

 

Issued by:

More detailed information:

Statistical Office of the SR

Macroeconomic Statistics Section

Miletičova 3

Alena Illiťová   

824 67 Bratislava

tel. 50 23 65 20       

fax 50 23 65 00

Press secretary

E-mail: alena.illitova@statistics.sk 

Eva Kelemenová

tel. 55 42 57 80

fax: 55 56 14 36

E-mail: eva.kelemenova@statistics.sk

 

 Notice:  While publishing of the whole information report or its parts we request to state the source of information - the Statistical Office of the Slovak Republic!


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