The preliminary fiscal results for 2025 show a surplus of €1.241,5 million, 3.4% of GDP, with total revenue of €15.921,7 million and expenditure of €14.680,2 million, audited within the EU Excessive Deficit Procedure.
The Statistical Service announced the preliminary fiscal results for 2025, audited within the framework of the European Commission’s Excessive Deficit Procedure.
Results indicate a fiscal surplus of €1.241,5 million, equivalent to 3.4% of Gross Domestic Product (GDP). The fiscal debt stands at €20.078,2 million, or 55.0% of GDP.
Total revenue for 2025 increased by €1.171,4 million (+7.9%) to €15.921,7 million from €14.750,3 million in 2024. Revenue from taxes on production and imports rose by €62,0 million (+1.3%) to €4.744,8 million, while net VAT revenue decreased by €16,0 million (-0.5%) to €3.153,6 million.
Social contributions increased by €385,4 million (+8.5%) to €4.905,4 million. Revenue from taxes on income and wealth increased by €379,1 million (+10.0%) to €4.183,8 million. Other current transfers grew by €89,9 million (+22.9%) to €483,1 million. Revenue from the sale of goods and services increased by €182,3 million (+20.5%) to €1.072,1 million. Capital transfers increased by €35,7 million (+10.6%) to €372,6 million, and property income receivable increased by €37,0 million (+30.1%) to €159,9 million.
Total expenditure increased by €1.368,9 million (+10.3%) to €14.680,2 million. Compensation of employees rose by €282,8 million (+7.3%) to €4.160,7 million. Social transfers increased by €355,7 million (+6.7%) to €5.659,4 million. Intermediate consumption increased by €110,0 million (+7.5%) to €1.585,7 million. Other current expenditure increased by €118,1 million (+14.0%) to €960,5 million.
Capital expenditure rose by €544,1 million (+45.1%) to €1.749,5 million, with gross capital formation at €1.200,9 million and other capital expenditure at €548,6 million. Property income payable decreased by €17,2 million (-4.0%) to €417,6 million. Subsidies decreased by €24,6 million (-14.4%) to €146,8 million.
The net lending/borrowing for 2025 was €1.241,5 million, representing 3.4% of GDP, compared to €1.439,0 million (4.1% of GDP) in 2024.
Data coverage includes all subsectors of the General Government, based on ESA 2010 standards. Data sources include the Financial Information Management Automation System, financial statements of municipalities, semi-government organizations, and social security funds. More information is available on the CYSTAT portal and online databases.
