At the end of , government debt was mainly held by resident financial corporations sector in thirteen EU Member States for which data is available, as well as in Norway.
Its share was the highest in Sweden At the other end of the scale, the smallest proportion of debt held by resident financial corporations was recorded in Cyprus The debt share held by non-residents rest of the world sector was also significant in a large number of countries but highly variable between countries for which data is available. In contrast, this proportion was only The resident non-financial sectors non-financial corporations, households and non-profit institutions serving households played a major role as debt holder in Hungary The debt questionnaire aims to provide detailed information on the time structure of government debt based on its initial maturity.
The maturity is subdivided into several maturity brackets: less than one year, one to five years, five to seven years, seven to ten years, ten to fifteen years, fifteen to thirty, and more than thirty years, as well as the summary category of more than one year.
For some countries, which did not provide the complete breakdown, only two categories are shown: less than one year short-term and more than one year long-term.
For the other seventeen countries, a detailed debt maturity breakdown is available. The share of short-term debt to total debt is illustrated in Figure 5.
General government gross debt classified by maturity reveals a common pattern: between The short-term debt ratio was significant in Sweden The countries providing a detailed long-term debt breakdown showed very different structures. This is shown in Figure 6. While the initial or original maturity of debt measures the time between issuance date and redemption date, the remaining maturity of debt measures the time left until the redemption date.
Figure 7 shows the share of central government gross debt with a remaining maturity of less than one year, at end and at end , i. At the end of , the highest shares of short-term remaining maturity debt in total central government debt were reported by Sweden Between the end of and the end of , large reductions in the share of short-term remaining maturity debt were observed for Estonia Please see the notes below.
All three countries are not part of the euro area and the major share of their foreign currency issuances are denominated in euro. As concerns changes in the ratio of foreign currency debt to total debt between the end of and the end of Denmark and Romania increased the share of foreign currency debt, while the share of foreign currency debt decreased in Poland.
Figure 9 presents the share of outstanding central government debt issued in euro at the end of The debt denominated in euro is equal to the debt issued in national currency for the 19 euro area member countries.
In contrast, the major issuing currency in the non-euro countries Czechia The apparent average cost of central government debt accrued interest payable over the period as a percentage of the average outstanding debt shows the differences between countries in terms of their cumulated past conditions for accessing financial markets. Based on 27 replies from EU Member States and Norway, the analysis of apparent average cost of central government debt is shown in Figure The apparent average cost of central government gross debt varied between 0.
Comparing the data with , decreases in implicit rates were observed for all reporting countries. The largest decreases were observed for Lithuania 3. As this measure of the cost of debt depends on interest rates prevailing at the moment of issuance in the past, it is normally not very sensitive to the most recent market trends, provided that the composition of debt is mainly long-term.
The large decreases observed between and are a reflection of the very low interest rates prevailing during as well as the large volume of new issuances in as a result of the COVID pandemic. Countries were additionally asked about the amount of government guarantees. These guarantees both "one-off" and "standardised" are not part of government gross debt, as they are contingent liabilities, being contingent on the actual call of the guarantee.
They should not be added to the Maastricht debt. Based on 27 replies from EU Member States the ratio of government guarantees provided by central government on debt of non-government units, as a percentage of GDP, is shown in Figure Between and , the stock of guarantees granted by central governments increase for all countries for which data is available.
This is equal to the undiscounted amount of the principal that the government will have to pay to creditors at maturity. Debt statistics cover data for general government as well as its subsectors: central government S. Debt figures on general government statistics and each of its subsectors are reported consolidated. Consolidation is a method of presenting statistics for a grouping of units, such as institutional sectors or sub-sectors, as if it constituted a single unit. Usually the sum of subsectors should exceed the value of the general government sector.
Subsector data should be consolidated within each subsector, but not between them. ESA recommends compiling both consolidated and non-consolidated financial accounts. For macro-financial analysis, the focus is on consolidated figures. Features Questions? Contact us Already a Member?
It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Click here to contact us. Please Paste this Code in your Website. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. Germany Inflation Rate Confirmed at 4.
German Investor Morale Tops Forecasts. Germany Construction Sector Remains in Contraction. Qatar USD mn. Romania USD mn. Russia USD mn. Saudi Arabia USD mn. Serbia USD mn. Singapore USD mn. Slovakia USD mn. Slovenia USD mn. South Africa USD mn. Spain USD mn. Sri Lanka USD mn. Sweden USD mn. Switzerland USD mn. Taiwan USD mn. Thailand USD mn. Tunisia USD mn. Turkey USD mn. Ukraine USD mn.
United Kingdom USD mn. United States USD mn. Uruguay USD mn. Venezuela USD mn. Vietnam USD mn. Yemen USD mn. Tax Revenue USD mn. Trade Balance USD mn. Total Exports USD mn. Aluminum: Exports USD th. Exports: Medicament USD th.
Total Imports USD mn. Imports: Medicament USD th. Imports cif EUR mn. Exports fob EUR mn. Imports cif: swda EUR bn. Trade Balance: swda EUR bn. Exports fob: swda EUR bn. Imports: Netherlands EUR th. Exports: Italy EUR th. Imports: China EUR th. Imports: Italy EUR th. Exports: Netherlands EUR th. Exports: France EUR th. Imports: France EUR th. Motor Vehicle Exports: Car Unit.
External Debt USD mn. No of Business Registration Unit. Gold Reserves USD mn. Total Deposits USD mn. Domestic Credit USD mn. Credit to Households USD bn. Household Debt USD mn.
0コメント