2022 Edition 48 MONTHLY STATISTICAL BULLETIN More information is available at: Main aggregates of General Government – 2021 23 September 2022 Main aggregates of General Government – 2021 From 2020 to 2021, General Government (GG) revenue increased: • 10.6% (around €9.2 billion) in total; • 8.9% (approximately €7.7 billion) in current terms, but at different paces in its three major components, with the most significant rise belonging to taxes on production and imports: 11.0%; • 162.5% (almost €1.6 billion) in terms of capital revenue, due to the repayment of the margin paid in advance for loans granted under the Financial Assistance Programme to Portugal by the European Stability Mechanism; In the same period, the GG expenditure: • It increased by 3.8% in total (around €3.8 billion); • It grew by 5.1% (approximately €4.5 billion) in current terms, but not in all its components, notably: » Compensation of employees: +4.3%; » Social benefits, other than social transfers in kind: +3.5%; and » In contrast, interest expenditure: -10.7%; • It decreased in terms of capital expenditure (-8.3%), with opposite direction movements in its components, namely: » The capital transfers granted decreased; » Gross capital formation increased by 16.0%. In 2021, the GG sector reported a net borrowing of €6,215 million, corresponding to -2.9% of GDP (-5.8% in 2020 and +0.1% in 2019). Balances of public administrations Transation Code Transation label 2020 2021 B.9 Net lending (+) / Net borrowing (-) (National Accounts Balance) -11,669 -6,215 Current balance -3,658 -547 B.9-D.41 Primary balance -5,882 -1,045 Unit.: Millions of Euros
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