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Ministry of Finance, Statistical Service



24/06/2019
Latest Figures: Quarterly Accounts of General Government, 1st Quarter 2019

On the basis of the preliminary data on the General Government accounts for January-March 2019, which are compiled in accordance to EU concepts and definitions (ESA 2010), total revenue amounted €2.092,0 mn, while total expenditure reached €1.639,6 mn, resulting in a surplus of €452,4 mn as compared to a surplus of €341,6 mn in the corresponding period of the previous year.

The main categories of revenue for the period January-March 2019 were: taxes on production and imports €779,0 mn (0,8% decrease as compared to the first quarter of 2018), of which net VAT was €507,6 mn (3,7% increase), taxes on income and wealth €494,4 mn (10,5% increase), and social contributions €484,8 mn (11,9% increase). Revenue from the sale of goods and services reached €126,9 mn registering an increase of 10,4% as compared to the corresponding period of the previous year.

The main categories of expenditure for the period January-March 2019 were: social transfers €613,0 mn (2,5% increase as compared to the corresponding period of 2018), and compensation of employees (including imputed social contributions and pensions of civil servants) €586,9 mn (6,3% increase). Intermediate consumption reached €144,6 mn (12,3% increase as compared to the corresponding period of the previous year).


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