|
Table 9
Trend in National Debt and General Government Debt
|
|
National Debt
|
General Government Debt (a)
|
|
|
|
|
|
|
|
Year
|
€m
|
% of GNP
|
€m
|
% of GDP
|
|
1980
|
10,026
|
87.0
|
-
|
-
|
|
1981
|
12,945
|
93.2
|
-
|
-
|
|
1982
|
14,817
|
92.9
|
-
|
-
|
|
1983
|
18,274
|
104.8
|
-
|
-
|
|
1984
|
21,358
|
112.8
|
-
|
-
|
|
1985
|
23,493
|
115.6
|
-
|
-
|
|
1986
|
27,440
|
122.2
|
-
|
-
|
|
1987
|
30,085
|
125.0
|
-
|
-
|
|
1988
|
31,250
|
122.7
|
-
|
-
|
|
1989
|
31,525
|
111.9
|
-
|
-
|
|
1990
|
31,849
|
99.0
|
34,194
|
94.2
|
|
1991
|
32,223
|
95.9
|
36,004
|
95.6
|
|
1992
|
33,450
|
94.1
|
37,041
|
92.5
|
|
1993
|
36,006
|
93.3
|
41,128
|
95.1
|
|
1994
|
37,111
|
88.8
|
41,673
|
89.6
|
|
1995
|
38,358
|
82.1
|
43,061
|
81.8
|
|
1996
|
37,980
|
73.7
|
42,554
|
73.3
|
|
1997
|
38,966
|
66.0
|
43,311
|
64.5
|
|
1998
|
37,509
|
55.0
|
41,690
|
53.8
|
|
1999
|
39,849
|
52.0
|
43,543
|
48.6
|
|
2000
|
36,511
|
41.4
|
39,499
|
38.4
|
|
2001
|
36,183
|
37.5
|
41,475
|
36.1
|
|
2002
|
36,361
|
35.2
|
41,914
|
32.4
|
|
|
|
|
|
|
|
(a) ESA 95 basis from 1990
|
|
The General Government Debt essentially includes the cumulative gross debt of the
local government sector and the non-commercial state sponsored bodies as well as
nearly all of the National Debt measured on a gross basis. It excludes Central Government
liabilities to institutions classified within the General Government sector; these
are included in the National Debt.
|
|
It should be noted that the National Debt is calculated net of domestic and foreign
liquid assets whereas the General Government Debt is calculated on a gross basis.
The debt of the commercial state bodies is excluded from both National Debt and
General Government Debt.
|
|
The Finance Accounts for each year contains a detailed breakdown of the National
Debt.
|
|