The Quarterly non-financial General Government (GG) account and the other figures presented in this press release are desumed from the Quarterly non-financial sector accounts. Data on Households and Non-financial corporations are commented in seasonally adjusted form, data on the GG are unadjusted.
In the third quarter of 2021 the GG deficit (net borrowing) to GDP ratio was -6.2, compared to -9.8% in the same quarter of 2020.
The GG current balance was negative and its ratio to GDP stood at -2.0% (-4.2% in the third quarter of 2020).
The GG primary balance was also negative, with a ratio to GDP at -2.9%, compared to -6.4% in the third quarter of 2020.
The tax burden ratio stood at 41.0% of GDP, 2.0 percentage points higher than the third quarter of 2020.
Gross disposable income of consumer households increased by 1.8% with respect to the previous quarter, while final consumption expenditure at current prices grew by 3.6%.
Saving rate of consumer households was 11.0%, 1.6 percentage points lower than in the previous quarter.
Gross disposalble income of consumer households increased by 1.2% in real terms.
The profit share of non-financial corporations was 42.8%, 0.3 percentage points higher than the previous quarter.
The investment rate of non-financial corporations was 21.5%, 0.7 percentage points lower than in the previous quarter.