General Government Revenue, Expenditure and Deficit

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Description: The general government deficit in 2007 is estimated at 0.1% of GDP, which is the lowest figure since 1995. In 2007, the public finance situation improved significantly, as total general government revenue recorded a much higher nominal growth (8.1%) than total expenditure (5.3%). Total general government revenue is estimated at EUR 14,496 million. In 2007, its share in GDP decreased by 0.9 pp. Total general government expenditure in 2007 is estimated at EUR 14,520 million; its share in GDP decreased by as much as 2 pp in 2007. The share of intermediate consumption in GDP and the share of expenditure on subsidies decreased by 0.3% and 0.2% of GDP, respectively.
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