Statistical processing

Source data

Main sources are balance sheets and income statements from the central government, regions and municipalities and social security funds. Other sources used are for example Danmarks Nationalbank. GDB for the present year are received from Økonomisk Redegørelse.

The information about the EU-countries is from New Cronos, which is Eurostats’ databank.

Frequency of data collection

Semi-annual and quarterly.

Data collection

Data is based on accounts figures.

Data validation

Data is based on accounts figures that are audited. Because of the number of consistency checks and data confrontations facilitated by the system of accounts, the overall accuracy is considered to be relatively high. The quality is also currently controlled by Eurostat.

Data compilation

EMU-debt and EMU-deficit is based on accounts figures. EMU-debt and EMU-deficit (Government deficit and debt) is the statistical data required for the excessive deficit procedure (EDP) in the Economic and Monetary Union and the Stability- and Growth Pact. The EU-Commission uses the statistics to monitor and examine the development of the budgetary situation and government debt in Denmark in accordance with the Maastricht Treaty convergence criteria.

The Compilations are based on the European System of Accounts (ESA2010). However, on some points they differ from ESA2010, fx on the valuation of debt, which is at nominal value.

The compilation of consolidated gross debt at nominal value for general government is sometimes referred to as EMU-debt/government debt.

The deficit is sometimes referred to as the EMU-deficit/government deficit.

Government deficit and debt in EU was first published in spring 2003. Covering data on ESA2010 back from 2010, at the moment.

Danish Government deficit and debt was first published in fall 2004. Covering data on ESA2010 back from 2000.

The compilation of EMU-debt or EMU-deficit involve a number of consistency checks and data confrontation facilitated by the system of accounts.

Further more Eurostat/EU-commission assess the quality of EDP-data by a detailed inventory, a clarificationproces after the notifications and by standard dialogue and upstream visits every two year.

Adjustment

None.