As of December 31, 2021, the debt of public administrations was equal to 2,678.4 billion: the Bank of Italy announces it, recalling that at the end of 2020 the debt amounted to 2,573.5 billion (155.6 per cent of GDP).
The increase in absolute values of the debt in 2021 (104.9 billion) reflected both the needs of the general government (92.1 billion) and the increase in the Treasury's liquidity (5 billion, to 47.5).
In relation to GDP - the data will be released on 1 March with Istat values - a decline is expected.
issue and redemption, the revaluation of inflation-linked securities and the change in the exchange rate increased last year's debt by € 7.8 billion.
With reference to the breakdown by subsectors, the consolidated debt of central government increased by 102.4 billion to 2,591.1 and that of local administrations by 2.6 billion to 87.2;
the debt of the social security institutions remained substantially stable.
Last December, the average duration of the debt was 7.6 years, from 7.4 in 2020. During 2021, the share of the debt held by the Bank of Italy increased further as a result of the purchases of public securities within the of the programs decided by the Eurosystem, standing at 25.3 per cent at the end of the year (from 21.6 per cent at the end of 2020).
the revaluation of inflation-linked securities and the change in the exchange rate increased last year's debt by € 7.8 billion.
With reference to the breakdown by subsectors, the consolidated debt of central government increased by 102.4 billion to 2,591.1 and that of local administrations by 2.6 billion to 87.2;
the debt of the social security institutions remained substantially stable.
Last December, the average duration of the debt was 7.6 years, from 7.4 in 2020. During 2021, the share of the debt held by the Bank of Italy increased further as a result of the purchases of public securities within the of the programs decided by the Eurosystem, standing at 25.3 per cent at the end of the year (from 21.6 per cent at the end of 2020).
the revaluation of inflation-linked securities and the change in the exchange rate increased last year's debt by € 7.8 billion.
With reference to the breakdown by subsectors, the consolidated debt of central government increased by 102.4 billion to 2,591.1 and that of local administrations by 2.6 billion to 87.2;
the debt of the social security institutions remained substantially stable.
Last December, the average duration of the debt was 7.6 years, from 7.4 in 2020. During 2021, the share of the debt held by the Bank of Italy increased further as a result of the purchases of public securities within the of the programs decided by the Eurosystem, standing at 25.3 per cent at the end of the year (from 21.6 per cent at the end of 2020).
Tax revenues for 2021, accounted for according to cash flows by the Bank of Italy, grew by 10.9 per cent.
This is what emerges from the supplement to the statistical bulletin released today according to which 479.7 billion euros were collected last year compared to 432.6 the previous year.
The data does not take into account the approximately 1.2 billion indicated in the so-called 'collection funds' and, obviously, are affected by the differences in the calendar made irregular by the different deadlines set during the Covid period.
