Government deficit ratio for 2009 amounting to 3.3%
WIESBADEN – According to updated results of the Federal Statistical Office (Destatis), net borrowing of general government amounted to Euro 79.3 billion in 2009. Measured as a percentage of gross domestic product at current prices (Euro 2,407.2 billion), a general government ratio of –3.3% was calculated for 2009. These data are based on the definitions of the European System of Accounts (ESA) 1995.
Net borrowing is calculated as the difference between revenue (Euro 1,066.0 billion) and expenditure (Euro 1,145.3 billion) of general government. When broken down by government levels, the central government accounted for Euro 39.6 billion of net borrowing, the state government for Euro 20.2 billion, the local government for Euro 7.5 billion and the social security funds for Euro 12.1 billion.
Based on the definitions that are relevant to the European procedure in case of an excessive deficit of general government, net borrowing of general government amounted to Euro 79.1 billion. The slightly lower deficit was due to the fact that interest flows under swap contracts and forward rate agreements were taken into account. When calculated according to these definitions, the deficit ratio was also 3.3%.
Net lending/net borrowing of general government in percent of gross domestic product at current prices
2004
2005
2006
2007
2008
2009
–3.8
–3.3
–1.6
+0.2
+0.0
–3.3
For further information please call: Thomas Forster, tel: +49 611 75 2795,
