Ministry of Finance, Statistical Service



14/11/2017
Latest Figures: Quarterly Accounts of General Government, 3rd Quarter 2017

On the basis of the preliminary data on the General Government accounts for July-September 2017, which are compiled in accordance to EU concepts and definitions (ESA 2010), total revenue amounted €2.023,2 mn (11,8% increase as compared to the corresponding period of 2016), while total expenditure reached €1.656,5 mn (2,0% increase), resulting in a surplus of €366,7 mn as compared to a surplus of €185,8 mn in the corresponding period of the previous year.

The main categories of revenue for the period July-September 2017 were: taxes on production and imports €769,0 mn (10,0% increase as compared to the third quarter of 2016), of which VAT was €466,9 mn (14,0% increase), taxes on income and wealth €633,2 mn (13,6% increase), and social contributions €403,3 mn (10,9% increase). Revenue from sales of goods and services reached €127,4 mn registering an increase of 20,4% as compared to the corresponding period of the previous year.

The main categories of expenditure for the period July-September 2017 were: social transfers €584,1 mn (2,4% increase compared to the corresponding period of 2016), and compensation of employees (including imputed social contributions and pensions of civil servants) €545,2 mn (4,1% increase). Intermediate consumption reached €154,0 mn (2,6% increase as compared to the corresponding period of the previous year).


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