Press Release 31/07/2015
The Non-Financial Resources of Public Administrations in the Basque Country decreased by 0.1% in 2013
The deficit decreased by 5.7% compared to the previous year
The total number of Public Administrations (Basque Administrations, Provincial State Administration and Provincial Social Security) that are active in the Basque Country managed Non-Financial Resources totalling 23,820 million euros in 2013, which is 0.1% less than the previous year according to data prepared by Eustat.
The items that contributed the most to these Non-Financial Resources were Social Security Contributions (33.3%), followed by Taxes on Production and Imports (28.9%) and then Income and Wealth Tax, totalling 25.7% of total resources. In relation to 2012, social security contributions decreased by 0.9% and Income Taxes decreased by 4.4%. Conversely, Taxes on Production and Imports increased by 4.1%.
Non-Financial Spending also decreased by 0.5% in 2013 compared to the previous year. The most significant item was Social Benefits (expenditure on pensions and other welfare provisions), which represented 41.1% of total uses in 2013 and increased by 3.2% compared to 2012. What's more, the amount of Employee Remuneration and Intermediate Consumption, which together made up 38.2% of spending, declined by 0.6%. The other two items that follow in order of significance were Social Transfers in Kind (production acquired on the market including expenditure on concerts), which represented 7.6% of total uses, and Gross Capital Formation, which represented 6.1% of total uses. Both of these items decreased by 3.5% and 14.2% respectively compared to 2012.
The balance between Non-Financial Resources and Spending required 1,857 million euros of funding in 2013, which is 5.7% less than what was obtained in 2012.
This funding required by the Public Administrations in the Basque Country decreased by 2.8% as a percentage of GDP in 2013, which is 0.1 percentage points less than in 2012, and pursued the same reduction trend as seen in the surrounding countries.
In the institutional analysis, the Provincial State Administration in the Basque Country had a surplus of 744 million euros in 2013 and the Provincial Social Security Administrations had a deficit of 2,062 million euros.
With regard to the Basque Administrations, the funding required went from 1,033 million in 2012 to 538 million in 2013, which was a decrease of 495 million. The negative balance of bodies belonging to the Basque Government as a whole went from 938 million euros in 2012 to 751 million in 2013; in the combined regional and municipal administration of Álava, it went from a positive balance of 64 million in 2012 to a negative balance of 8 million in 2013; in Bizkaia as a whole, it went from a negative balance of 104 million in 2012 to a positive balance of 112 million in 2013, and in Gipuzkoa as a whole, the negative balance went from 55 million in 2012 to a positive balance of 108 million in 2013.
In the final expenditure structure of the Public Administrations, the share of Gross Capital Creation decreased in total, going from 13.8% in 2012 to being 12.3% in 2013, while the share of final consumption expenditure, which is the total expenditure by the administrations on the production of goods and services and the purchase of goods and services produced by market producers which are supplied to households (social transfers in kind), increased from 86.2% in 2012 to 87.7% in 2013.
For further information:
Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.es Tlf: 945 01 75 62
Further press releases on Public administration accounts
Databank on Public administration accounts