Statistical Office of The Republic of Slovenia

03/29/2024 | Press release | Distributed by Public on 03/29/2024 03:34

Main aggregates of the general government sector (April EDP reporting), 2020–2023

Main aggregates of the general government sector (April EDP reporting), 2020-2023

In 2023, the deficit of the general government sector amounted to 2.5% of GDP

The deficit of the general government sector in 2023 amounted to EUR 1,587 million or 2.5% of GDP, while gross debt amounted to EUR 43,670 million or 69.2% of GDP.

  • 29 March 2024 at 10:30
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In 2023, the central government subsector generated a deficit of EUR 1,676 million, while local government and social security funds generated a surplus (EUR 68 million and EUR 21 million, respectively), In nominal terms, total deficit was EUR 114 million lower than in 2022.

Total revenue increased by EUR 2,668 million or 10.6% compared to 2022. Tax revenue increased by 8.8%, social security contributions by 9.3%. Total expenditure increased by 9.5%. Among larger expenditure groups, intermediate consumption increased by 10.2%, compensation of employees by 10.9%, and social transfers by 4.6%.

At the end of 2023, gross debt of the general government sector amounted to EUR 43,670 million or 69.2% of GDP. Compared to the end of 2022, it increased in nominal terms by EUR 2,332 million; relative to GDP it decreased by 3.3 percentage points.

Tables with the latest statistics are available in the SiStat Database.

In September 2024, main aggregates of the general government sector will be revised in the whole series, i.e. from 1995 onwards. The revision will change some aggregates more substantially, while the effect on net lending/net borrowing is expected to be small.

Main aggregates of the general government sector, Slovenia
2020 2021 2022 2023
mio. EUR
Revenue 20,564 23,483 25,209 27,877
Less: Expenditure 24,161 25,879 26,911 29,465
Surplus (+) / Deficit (-) -3,597 -2,396 -1,701 -1,587
Central government -3,686 -2,610 -1,491 -1,676
Local government 78 44 -101 68
Social security funds 11 170 -109 21
Interest expenditure 749 650 639 785
Primary surplus (+) / deficit (-) -2,848 -1,745 -1,062 -802
Debt at the end of the year 37,424 38,879 41,339 43,670
Central government 36,758 38,129 40,524 42,775
Local government 893 950 1,019 1,117
Social security funds 0 0 0 0
Intra subsector consolidation (-) -227 -201 -205 -221
Main aggregates of the general government sector, Slovenia
2020 2021 2022 2023
% of GDP
Revenue 43.7 44.9 44.2 44.2
Less: Expenditure 51.4 49.5 47.2 46.7
Surplus (+) / Deficit (-) -7.6 -4.6 -3.0 -2.5
Central government -7.8 -5.0 -2.6 -2.7
Local government 0.2 0.1 -0.2 0.1
Social security funds 0.0 0.3 -0.2 0.0
Less: interest expenditure 1.6 1.2 1.1 1.2
Primary surplus (+) / deficit (-) -6.1 -3.3 -1.9 -1.3
Debt at the end of the year 79.6 74.4 72.5 69.2
Central government 78.1 72.9 71.0 67.8
Local government 1.9 1.8 1.8 1.8
Social security funds 0.0 0.0 0.0 0.0
Intra subsector consolidation (-) -0.5 -0.4 -0.4 -0.4
METHODOLOGICAL NOTE
Additional explanations are available in the Methodological explanations.

When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.