The general government balance reached a deficit of CZK 42.7bn in
3Q 2021, which is approx. 1.4bn GDP. It deteriorated by CZK
2.0bn year-on-year. The Czech Statistical Office informed about this.
The performance of central government institutions ended in
a deficit of CZK 54.3bn. Local government institutions had a surplus
of CZK 9.5bn, which was a decrease of CZK 5.3bn. The management
of social security funds decreased by CZK 4.8bn and remained in
surplus of CZK 2.1bn. General government revenues reached 40.1
% of GDP and expenditures 42.8 %. The debt ratio increased by 2.4
pp to 40.5 % of GDP.
Source: Czech Statistical Office and CIA News