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This entry was posted on January 8, 2016 at 10:28.
The last change is the January 8, 2016 at 11:42.
Improve the performance of public accounts. In the third quarter of 2015 the net debt of Pa relative to GDP registered by ISTAT was 2.4%, down 0.5 percentage points compared to the corresponding quarter of 2014. On average for the first three quarters 2015 the deficit / GDP ratio stood at 2.9%, an improvement of 0.4 points on the same period last year, when it stood at 3.3 percent.
Slightly higher instead for the fiscal pressure: we’re at 41.4%, up 0.1 percentage points over the same period of 2014. In the average of the first three quarters the weight of the tax to GDP ratio was 41.2%, stable compared to the same period of 2014.
A growing primary balance
Also in the third quarter of 2015, the chapter primary balance (debt net of interest expense) highlights another positive result, with an impact on GDP 1.5% (1.4% in the third quarter of 2014). Positive current account balance, with a percentage of GDP by 0.8% (0.4% in the third quarter of 2014).
Output down slightly to 47.7 of GDP
Turning to total outputs of Pa, here Istat shows an increase, in trend terms, the 0, 5%; their proportion to GDP is 47.4%, down from 48% recorded in the corresponding quarter last year. Current expenditure increased by 0.8% (+ 1.5% net of interest payments), while capital expenditure fell by 3.6 percent. In the first three quarters of 2015, total expenditure amounted to 48.4% of GDP (48.9% in the corresponding period of 2014).
Revenue increased by 0.8%
The total revenue increased, in trend terms, by 1.5% in the third quarter of 2015; their effect on the GDP was 44.9% (45.1% in the corresponding quarter of 2014). In the first three quarters of 2015, total revenue increased by 0.8% on-year, with a percentage of GDP of 45.5% (45.7% in the corresponding period of 2014).
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