Notification of government deficit and debt - 2024 (Second notification, data notified by Eurostat)
Deficit of the general government for 2024 reached 2.0% of the GDP
Publication Date: 21. 10. 2025
Product Code: 050062-25
“Based on regular consultations, Eurostat validated and confirmed the deficit of the Czech general government sector for the year 2024 in the amount of CZK 163.5 billion and the general government debt amounting to 43.3% of the GDP,” Helena Houžvičková, Director of the Government and Financial Accounts Department of the Czech Statistical Office (CZSO), stated.
Tab. 1.1 Notification table of government deficit and debt, the Czech Republic
| Unit | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
Net borrowing/lending of general government | CZK mill. | -312 308 | -216 345 | -286 066 | -163 487 |
General government consolidated gross debt | CZK mill. | 2 566 752 | 2 997 632 | 3 234 102 | 3 488 471 |
Net borrowing/lending of general government as % of GDP | % | -5.0 | -3.1 | -3.7 | -2.0 |
General government consolidated gross debt as % of GDP | % | 40.7 | 42.5 | 42.2 | 43.3 |
Data for all EU Member States will be published on the Eurostat´s website on 21 October 2025 at 11:00 a.m.
Notes
Notification of government deficit and debt is compiled always for the past four years and submitted to the European Commission by each Member State of the European Union always at the end of March and September each year. including a projection for the current year. The projection for the current year is compiled and published by the Ministry of Finance of the Czech Republic. Quantification of fiscal indicators is based on the ESA 2010 methodology and serves the assessment of how the Maastricht convergence criteria are complied with. Pursuant to the Maastricht criteria. the government deficit must not exceed 3% of the GDP and the level of the accumulated government debt must not exceed 60% of the GDP.
Government surplus/deficit is represented by the item B.9 “net borrowing (−) or net lending (+)” in the system of national accounts. The indicator refers to the ability of the general government sector in the given year to finance other sectors of the economy (+) or the need of the general government sector to be financed (−) by other sectors.
The government debt consists of consolidated liabilities of the general government sector in the form of currency and deposits. issued debt securities. and received loans. In case of foreign exchange debt instruments hedged against currency risk. value in CZK is obtained by means of a contractual exchange rate.
Responsible head at the CZSO: Helena Houžvičková. Director of the Government and Financial Accounts Department. phone: (+420) 704 688 734, e-mail: helena.houzvickova@csu.gov.cz
Contact person: Jaroslav Kahoun. Head of the Government Accounts Unit. phone: (+420) 274 054 232, e-mail: jaroslav.kahoun@csu.gov.cz
Next news release will be published on: 1 April 2026