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General government deficit at 5% of GDP in 2011


2012-10-22



Poland’s general government deficit amounted to PLN 76.7bn (approx. €18.6bn) in 2011, which represented 5% of its GDP, the Central Statistical Office (GUS) announced. At the same time, the country’s general government debt stood at PLN 859.1bn (€208.5bn) at the end of last year, or 56.4% of GDP. The figures compare to 7.9% and 54.8%, respectively, in 2010.

The numbers are final and on 28 September were submitted to the European Commission as part of an annual fiscal notification.

General government deficit and debt in Poland, 2008-2011
GUS, 2012
2008200920102011
General government deficitPLN bn 47.0 99.6 111.3 76.7
% of GDP 3.7 7.4 7.9 5.0
General government debtPLN bn 600.8 684.1 776.8 859.1
% of GDP 47.1 50.9 54.8 56.4


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