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Fiscal accounts of General Government: January-October 2023

30/11/23 14:21  |  Press release  |  Economy and Finance
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Table

Macroeconomic Aggregates of General Government

Euro (million)

Change

Fiscal Results

Difference

(%)

Jan–Oct 2022

Jan-Oct 2023

Jan–Oct 2023/22

Jan–Oct 2023/22

Total Revenue

8.973,2

10.033,0

1.059,8

11,8%

Taxes on Production and Imports

3.309,8

3.697,2

387,4

11,7%

of which VAT

2.230,3

2.497,2

266,9

12,0%

Current Taxes on Income and Wealth, etc

2.121,4

2.467,5

346,1

16,3%

Social Contributions

2.487,3

2.859,8

372,5

15,0%

Other Current Resources

901,2

921,9

20,7

2,3%

Interest receivable

105,1

82,4

-22,7

-21,6%

Current transfers

172,9

216,2

43,4

25,1%

Sales

623,2

623,3

0,1

0,0%

Capital Transfers Received

153,6

86,6

-67,0

-43,6%

Total Expenditure

8.281,7

9.114,1

832,4

10,1%

Total Current Expenditure

7.600,6

8.310,9

710,2

9,3%

Intermediate consumption

952,4

910,4

-42,0

-4,4%

Compensation of employees

2.448,9

2.749,8

300,9

12,3%

Social transfers

3.335,7

3.621,9

286,2

8,6%

Interest

336,5

333,2

-3,3

-1,0%

Subsidies

82,5

136,0

53,5

64,8%

Other current expenditure

444,6

559,6

115,0

25,9%

Total Capital Expenditure

681,1

803,2

122,2

17,9%

Gross capital formation

530,6

660,8

130,2

24,5%

Gross capital formation excluding land annexations

510,9

645,6

134,7

26,4%

Other capital expenditure

150,4

142,4

-8,0

-5,3%

Net Lending (+)/ Borrowing (-)

691,5

918,9

227,4

 

% of GDP

2,5%

3,1%

 

 

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