Published on Wednesday, May 28, 2014 | Updated on Tuesday, July 8, 2014

Public deficit was below 0.7% at the end of first quarter

Summary

In the first quarter of 2014, General government deficit (excluding local authorities) stood at around 0.7% of GDP, a tenth below the previous year. By administrations, improving over the same period of 2013 comes from Central government, as the slight improvement of the Social Security surplus would offset the deterioration observed in the Autonomous communities.

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BBVA Research BBVA Research

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140528_Flash_Espana-Ejecucion_presupuestaria_1T14

Spanish - May 28, 2014

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