Quarterly Accounts of General Government: 2nd quarter 2023

Table

Macroeconomic Aggregates of General Government

Euro (million)

Change

Fiscal Results

Difference

(%)

Q2

2022

Q2

2023

Q2 2023/22

Q2 2023/22

Total Revenue

2.338,3

2.665,6

434,8

18,6

Taxes on Production and Imports

865,5

984,5

131,0

15,1

of which VAT

545,0

643,4

69,3

12,7

Current Taxes on Income and Wealth, etc

413,6

478,3

174,3

42,1

Social Contributions

746,4

860,4

136,3

18,3

Other Current Resources

265,0

300,7

-6,5

-2,4

Property income receivable

29,7

27,3

1,9

6,4

Current transfers

46,6

103,6

-2,1

-4,5

Sales

188,7

169,8

-6,3

-3,3

Capital Transfers Received

47,8

41,7

-0,4

-0,8

Total Expenditure

2.644,7

2.884,0

234,5

8,9

Total Current Expenditure

2.452,0

2.655,1

197,0

8,0

Intermediate consumption

306,0

278,3

29,6

9,7

Compensation of employees

741,1

837,1

68,2

9,2

Social transfers

1.113,7

1.198,0

88,4

7,9

Property income payable

118,1

123,6

-14,0

-11,9

Subsidies

17,5

61,5

11,8

67,4

Other current expenditure

155,6

156,6

13,0

8,3

Total Capital Expenditure

192,7

228,9

37,5

19,5

Gross capital formation

149,9

192,2

35,2

23,5

Other capital expenditure

42,8

36,7

2,4

5,5

Net Lending (+)/ Borrowing (-)

-306,4

-218,4

200,3

% of GDP

-1,1%

-0,7%