Slovakia - Outstanding Public Debt

For the Slovak Republic (a.k.a. Slovakia), detailed debt of general government (a.k.a. state debt).

The tables contain data on the general government debt in accordance with the so-called Maastricht debt methodology. The Maastricht debt is defined as a debt determined for the purposes of the excessive deficit procedure (EDP). The standard presentation of the debt amount entails the total debt structuring by resident and original maturity (domestic or foreign, short or long term), by instrument, and by currency (domestic or foreign).

• Framework: ESA 2020 EDP
• Measurement: Millions of euros (Mil. EUR)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Quarterly
• Start date: 2007Q1

The source writes:

According to the ESA 2010 manual on government deficit and debt, the Maastricht debt is defined as follows: total gross debt at nominal value outstanding at the end of the year or end of the quarter, and consolidated between and within the sectors of general government based on deposits, securities other than shares (excluding financial derivatives) and loans, but definitely excluding liabilities from outstanding interest. Loans also include imputed loans equalling the value of assets acquired under financial leasing. 

Nominal value equals the amount agreed upon in contracts, which the general government will have to pay to creditors on the due date. For liabilities denominated in a foreign currency, the value is converted into the Slovak currency using the exchange rate of the European Central Bank (ECB) valid on the date as of which the financial statements are compiled.

Further reading

At the source:

• http://www.finance.gov.sk/en/Default.aspx?CatID=480

At IMF (SDDS Plus):

• Fiscal sector - General government gross debt
• Fiscal sector - Central government debt