Fiscal Accounts of General Government: January – December 2023
29/02/24 13:55 | Press release | Economy and Finance
|
Table |
|
|
||||
|
Macroeconomic Aggregates of General Government |
Euro (million) |
Change |
|
|||
|
Fiscal Results |
Difference |
(%) |
||||
|
Jan–Dec 2022 |
Jan- Dec 2023 |
Jan– Dec 2023/22 |
Jan– Dec 2023/22 |
|||
|
Total Revenue |
11.456,3 |
12.763,2 |
1.306,8 |
11,4% |
||
|
Taxes on Production and Imports |
4.033,6 |
4.387,2 |
353,6 |
8,8% |
||
|
of which VAT |
2.705,7 |
2.933,9 |
228,2 |
8,4% |
||
|
Current Taxes on Income and Wealth, etc |
2.924,1 |
3.257,4 |
333,2 |
11,4% |
||
|
Social Contributions |
3.122,0 |
3.573,7 |
451,7 |
14,5% |
||
|
Other Current Resources |
1.174,9 |
1.246,6 |
71,7 |
6,1% |
||
|
Interest receivable |
114,1 |
131,8 |
17,7 |
15,5% |
||
|
Current transfers |
254,8 |
297,7 |
42,9 |
16,8% |
||
|
Sales |
806,0 |
817,1 |
11,1 |
1,4% |
||
|
Capital Transfers Received |
201,7 |
298,3 |
96,6 |
47,9% |
||
|
Total Expenditure |
10.780,1 |
11.886,9 |
1.106,8 |
10,3% |
||
|
Total Current Expenditure |
9.829,5 |
10.670,5 |
840,9 |
8,6% |
||
|
Intermediate consumption |
1.240,5 |
1.206,9 |
-33,6 |
-2,7% |
||
|
Compensation of employees |
3.179,2 |
3.583,6 |
404,4 |
12,7% |
||
|
Social transfers |
4.211,7 |
4.532,6 |
320,9 |
7,6% |
||
|
Interest |
409,7 |
439,0 |
29,3 |
7,2% |
||
|
Subsidies |
139,4 |
163,6 |
24,2 |
17,4% |
||
|
Other current expenditure |
649,1 |
744,8 |
95,7 |
14,7% |
||
|
Total Capital Expenditure |
950,5 |
1.216,4 |
265,9 |
28,0% |
||
|
Gross capital formation |
713,3 |
1.008,2 |
294,9 |
41,3% |
||
|
Gross capital formation excluding land annexations |
671,2 |
978,5 |
307,3 |
45,8% |
||
|
Other capital expenditure |
237,2 |
208,2 |
-29,0 |
-12,2% |
||
|
Net Lending (+)/ Borrowing (-) |
676,3 |
876,3 |
200,0 |
|
||
|
% of GDP |
2,4% |
2,9% |
|
|
||