Each Catalan ‘owes’ 10,813 euros

Every Catalan ‘must’ an average of 10,813 euros, as a consequence of the public liability registered by the Generalitat in the third quarter of this year, according to data from the Bank of Spain. With respect to the previous period (April-June) it has increased by less than 200 euros, but in the last year, by almost 600, as a result of the effects of the pandemic crisis in public accounts.

The total Catalan debt, the largest of all the autonomies, amounted to 82,936 million euros at the end of September. In its proposed budget for 2022, the Government places the total liability with respect to the economy as a whole at 36%, compared to 37.2% last year and estimates that next year it will fall to 33.8%.

The second community in which its inhabitants carry the greatest burden of debt is the Valencian Community, with an average of 10,365.1 euros, more than 100 euros above the second quarter, according to data from the Bank of Spain. The Balearic Islands is the next in load per inhabitant, with 7,690.52 euros, compared to 7,674.94 in the previous quarter.

Castilla-La Mancha (7,615.20) and Murcia (7,457.24) move at similar levels. Apart from Ceuta and Melilla, the community with the lowest burden per inhabitant is the Canary Islands, with 2,813.64 euros, followed by Galicia, with 4,174.65 euros, on average.

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Madrid, one of the most populated communities, reduces the burden from 5,211.79 euros per inhabitant in the second quarter to 5,057.19 in the third. For its part, Andalusia, the community with the most population, went from 4,184.82 euros to 4,284.92 euros in the third quarter.

In total, the debt of the autonomous communities rose to 312,183 million in the third quarter, 26.6% of GDP, with a year-on-year increase of 3.4%.

Reference-www.elperiodico.com

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