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Ministry of Finance, Statistical Service



14/08/2019
Latest Figures: Quarterly Accounts of General Government, 2nd Quarter 2019

On the basis of the preliminary data on the General Government accounts for April-June 2019, which are compiled in accordance to EU concepts and definitions (ESA 2010), total revenue amounted €2.126,7 mn, while total expenditure reached €1.911,3 mn, resulting in a surplus of €215,4 mn as compared to a surplus of €106,0 mn in the corresponding period of the previous year.

The main categories of revenue for the period April-June 2019 were: taxes on production and imports €924,6 mn (2,4% increase as compared to the second quarter of 2018), of which net VAT was €634,1 mn (3,4% increase), social contributions €621,5 mn (35,1% increase), and taxes on income and wealth €308,3 mn (11,5% increase). Revenue from the sale of goods and services reached €163,8 mn registering an increase of 16,5% as compared to the corresponding period of the previous year.

The main categories of expenditure for the period April-June 2019 were: social transfers €780,8 mn (9,2% increase as compared to the corresponding period of 2018), and compensation of employees (including imputed social contributions and pensions of civil servants) €618,0 mn (11,6% increase). Intermediate consumption reached €214,5 mn (21,6% increase as compared to the corresponding period of the previous year).


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