Insider / ΚΥΠΕ
The surge in revenues by 12.9% (€ 770.6 million) reduced the General Government deficit in the first nine months of 2021 to € 483.4 million or 2.1% of GDP, compared to a deficit of € 599 , 8 million (2.8% of GDP) for the corresponding period last year, according to the preliminary budget results prepared by the Statistical Service.
Specifically, the total revenues, during the period January – September 2021 increased by € 770.6 million (+ 12.9%) and amounted to € 6,748.9 million compared to € 5,978.3 million in the corresponding period. 2020, while the total expenditures, during the period January – September 2021 increased by € 654.2 million (+ 9.9%) and amounted to € 7,232.3 million, compared to € 6,578.1 million in the corresponding 2020 period.
According to the Statistical Service, the increase in expenditure in certain categories is due to expenditure in the context of support measures to address the effects of the coronavirus pandemic.
Expenses
More specifically in relation to expenditures, social benefits increased by € 342.6 million (+ 14.3%) and amounted to € 2,738.0 million compared to € 2,395.4 million in 2020, while earnings staff (including the imputed social contributions and pensions of civil servants) increased by € 101.4 million (+ 5.1%) and amounted to € 2,075.1 million compared to € 1,973.7 million in 2020.
The subsidies increased by € 61.6 million (+ 12.8%) and amounted to € 543.3 million compared to € 481.7 million in 2020.
The increase in this category, according to the Statistical Service, is mainly attributed to the additional support measures for businesses due to the continuation of the coronavirus pandemic.
Current transfers increased by € 67.4 million (+ 17.9%) to € 444.4 million compared to € 377.0 million in 2020, while intermediate consumption increased by € 72.9 million . (+ 12.4%) and amounted to € 659.6 million compared to € 586.7 million in 2020. Interest paid increased by € 9.3 million (+ 2.6%) and amounted to € € 367.1 million compared to € 357.8 million in 2020.
The capital account decreased by € 1.2 million (-0.3%) and was limited to € 404.8 million compared to € 405.9 million in 2020. In detail, according to the Statistical Service, fixed assets increased by € 17.9 million (+ 5.8%) to € 327.3 million compared to € 309.4 million in 2020 and other capital transfers decreased by € 19.1 million ( -19.7%) and were limited to € 77.5 million compared to € 96.6 million in 2020.
Income
Specifically, total taxes on production and imports increased by € 215.8 million (+ 9.8%) and amounted to € 2,408.5 million compared to € 2,192.7 million in 2020, of which VAT net income (after deducting refunds) increased by € 114.1 million (+ 8.1%) and amounted to € 1,514.7 million compared to € 1,400.6 million in 2020.
Revenues from income tax and wealth increased by € 192.5 million (+ 13.4%) and amounted to € 1,626.5 million compared to € 1,434.0 million in 2020, while social contributions increased by € 281.2 million (+ 16.9%) and amounted to € 1,947.8 million compared to € 1,666.6 million in 2020.
According to the Statistical Service, capital transfers increased by € 15.6 million (+ 24.8%) to € 78.4 million compared to € 62.8 million in 2020, while current transfers increased by € 35.6 million (+ 28.8%) and amounted to € 159.1 million compared to € 123.5 million in 2020.
Revenues from services increased by € 14.2 million (+ 3.4%) and amounted to € 428.3 million compared to € 414.1 million in 2020 and interest and dividends collected increased by € 15 , 6 million (+ 18.5%) and amounted to € 100.3 million compared to € 84.7 million in 2020.
