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 2023 the GG net borrowing over GDP stood at -5.0% (-9.4% in the third quarter of 2022).
The primary balance of the GG was negative, at -1.2% over GDP (-5.6% in the third quarter of 2022). The current balance of the GG was positive, at 1.1% over GDP (-1.2% in the third quarter of 2022).
The tax burden was 41.2%, 0.2 percentage points lower than in the third quarter of 2022.
Gross disposable income and final consumption expenditure of consumer households grew by 1.8% and 1.2% over the second quarter of 2023.
The saving rate of consumer households was 6.9%, 0.6 percentage points higher than in the second quarter of 2023.
Gross disposable income in real terms rose by 1.3% (+0.5% the growth of the implicit deflator of Households final consumption expenditures).
The profit share of non financial corporations was 42.5%, 0.7 percentage points lower than in the previous quarter. The investment rate of non-financial coroporations fell at 22.2%, 0.4 percentage points lower than in the previous quarter.
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