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Ministry of Finance, Statistical Service



21/10/2019
Latest Figures: Annual Fiscal Accounts of General Government, Final Results 2018

The Statistical Service hereby announces the final fiscal results for 2018, which have been audited and verified within the Excessive Deficit Procedure framework of the European Commission.

The results for 2018 indicate a fiscal deficit of €925,9 mn, which corresponds to 4,4% of GDP, and a fiscal debt of €21.256,3 mn, which corresponds to 100,6% of GDP.

These results include the one-off expenditure valued at €1.564,2 mn that concerns the Cyprus Cooperative Bank – Hellenic Bank deal.

Excluding the burden of the deal, the fiscal balance for 2018 records a surplus of €638,3 mn or 3,0% of GDP.


RELATED TABLES

PUBLIC FINANCE

EXCESSIVE DEFICIT PROCEDURE










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