Press release - Balance and debt of general government sector - first EDP notification of 2013 - 22nd April 2013

The general government sector had a deficit of HUF 532 billion in 2012, 1,9 % of GDP according to the preliminary data of national accounts. The government data were calculated on the legal grounds of the Excessive Deficit Procedure (EDP) in the methodological framework of the European System of Accounts (ESA95) and were reported to Eurostat.

According to the figures of the National Bank of Hungary, general government debt amounted to HUF 22 381 billion, 79.2% of GDP at the end of 2012.

Data for 2009-2011 are the same as published on 29 th of March, general government deficit for 2012 is lower by 35 billion HUF as consequence of clarification with Eurostat mainly due to the recording of revenue from the mobile phone spectrum 15 concession in 2012. Planned data for 2013 were revised by the Ministry of National Economy.

Further information:

• The EDP notification of Hungary (xls, 238 KB)
• Press release of Eurostat (pdf, 525 KB)
• Historical EDP data for Hungary (1995-2008) (xls, 456 KB)
• Sources and methods for compiling the EDP notification (pdf, 391 KB)