Home INE Balance of the General Government was 0.0% of GDP in the year ending in the

Balance of the General Government was 0.0% of GDP in the year ending in the

2 min read
36

The net lending of the economy stood at 0.5% of the Gross Domestic Product (GDP) in the year ending in the third quarter of 2018, a decrease of 0.2 percentage points (p.p.) compared to the previous quarter.
The institutional sector of Households showed a decrease in their net lending, from 0.8% to 0.4% of GDP in the year ending in the third quarter of 2018. Households’ final consumption expenditure increased more than disposable income, which led to the reduction in the saving rate to 4.0%. The balance of Non-Financial Corporations deteriorated to -1.9% of GDP in the third quarter, while net lending of Financial Corporations decreased to 1.9%.
In the year ending in the third quarter of 2018, the General Government (GG) balance reached a slightly positive value, (representing 0.0% of GDP) compared with -1.0% in the previous quarter. This improvement also reflects special factors which affected the second and third quarters (see box in the end of this press release). Taking into account quarterly figures and not the year ending in the quarter, the balance of GG stood at 3 082.2 million euro in the third quarter of 2018, corresponding to 6.0% of GDP. For the first three quarters of 2018, the overall balance of the GG stood at 1 111.2 million euro, representing 0.7% of GDP (-3.2% in the same period of the previous year).

  • Autobiography Trial

    You can purchase document online. They could purchase essays online in lots of ways. Your …
  • Lorem Ipsum

    What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting indu…
  • The top Top secret Reality on Coursework Enable Disclosed

    Form of Coursework Assist Coursework require a large amount of emphasis, focus, ideal comp…
Load More Related Articles
Load More By ine
Load More In INE

Consulte Também

Domestic Material Consumption increased by 6.2% in 2017, with GDP increasing by 2.8%

Domestic Consumption of Materials increased by 6.2% in 2017, well above GDP growth in volu…