The General Government fiscal results for the third quarter of 2025 show a surplus of €653.6m.
According to CySTAT, the preliminary General Government fiscal results, which it prepares, indicate a surplus of €653.6m for the period of July-September 2025, as compared to a surplus of €871m that was recorded during the period of July-September 2024.
Revenue
During the period of July-September 2025, total revenue increased by €104.2m (+2.6%) and amounted to €4,099m, compared to €3,994.8m in the corresponding period of 2024.
In detail, social contributions increased by €62.5m (+5.7%) and amounted to €1,151.2m, compared to €1,088.7m in the third quarter of 2024.
Revenue from taxes on income and wealth increased by €10.9m (+0.8%) and amounted to €1,299.3m, compared to €1,288.4m in the corresponding quarter of 2024.
Taxes on production and imports increased by €7.1m (+0.6%) and amounted to €1,264.3m, compared to €1,257.2m in the third quarter of 2024, of which net VAT revenue increased by €40.2m (+4.8%) and amounted to €886.4m, from €846.2m in the corresponding quarter of 2024.
Property income receivable increased by €3m (+13.5%) and amounted to €25.3m, compared to €22.3m in the third quarter of 2024.
Capital transfers increased by €6m and amounted to €10.8m, compared to €4.8m in the corresponding quarter of 2024. Revenue from the sale of goods and services increased by €15.1m (+6.1%) and amounted to €260.9m, compared to €245.8m in the third quarter of 2024.
On the contrary, other current transfers decreased by €0.4m (-0.5%) to €87.2m, from €87.6m in the corresponding quarter of 2024.
Expenditure
During the period of July-September 2025, total expenditure increased by €321.5m (+10.3%) and amounted to €3,445.3m, from €3,123.8m in the corresponding period of 2024.
Specifically, social transfers increased by €97.8m (+7.9%) and amounted to €1,334.6m, compared to €1,236.8m in the third quarter of 2024.
Compensation of employees (including imputed social contributions and pensions of civil servants) increased by €50.5m (+5.6%) and amounted to €955.6m, compared to €905.1m in the corresponding quarter of 2024.
Intermediate consumption increased by €4.5m (+1.2%) and amounted to €382m, compared to €377.5m in the third quarter of 2024.
The capital account increased by €223.7m (+84.2%) and amounted to €489.3m (€321m capital formation and €168.3m capital transfers), compared to €265.6m (€226.5m capital formation and €39.1m capital transfers) in the corresponding quarter of 2024.
On the contrary, property income payable decreased by €26.1m (-25.7%) to €75.3m, from €101.4m in the third quarter of 2024.
Other current expenditure decreased by €16.1m (-8.6%) to €171.2m, from €187.3m in the corresponding quarter of 2024. Subsidies decreased by €12.6m (-25.3%) to €37.3m, from €49.9m in the third quarter of 2024.
(Source: CNA)
