In the year 2021, the production and consumption of electric energy recovered compared to 2020 but did not reach the 2019 figures (Read more...)
Flash estimate - In October 2022, the overnight stays in tourism accommodation in the Autonomous Region of Madeira grew by 24.4% year-on-year (Read more...)
DREM releases data on foreign affiliates in the Autonomous Region of Madeira (Read more...)
In October 2022, the median value of bank appraisals on housing in the Autonomous Region of Madeira stood at 1,431 euros/square meter (Read more...)
In October 2022, the movement of passengers at the airports of the Autonomous Region of Madeira stood 40% above the same month of 2019 (Read more...)
DREM releases the third quarter transport statistics and a time series for the period 1976-2021 (Read more...)
DREM releases final results of the 2021 Census (Read more...)
In October 2022, the implicit interest rate on housing credit and the average loan repayments increased in the Autonomous Region of Madeira (Read more...)
In the 3rd quarter of 2022, the overdue loans ratios decreased compared to the previous quarter (Read more...)
In 2022, the proportion of persons between 16 and 74 years old who reported having used the Internet in the last 3 months prior to the interview was higher in the Autonomous Region of Madeira than in the country (Read more...)
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At the end of the 4th quarter 2020
Gross debt of the Regional Administration of Madeira peaked at 5.109 billion Euros as a consequence of the COVID-19 pandemic
The gross debt of the Regional Administration of Madeira (RAM) stood at 5.109 billion Euros at the end of the 4th quarter 2020, increasing by 330 million Euros (+6.9%) from the 3rd quarter of 2020, and going up by 446 million Euros (+9.6%) from the year-ago quarter. This significant growth, which led to the gross debt value at the end of 2020 being the highest ever, is exclusively due to a bond loan of 458 million Euros asked by the Region, following the authorization granted by the State to the Region in order to get a loan to cover exceptional financing needs, deriving directly or indirectly, from the COVID-19 pandemic. Without this loan, the amount of gross debt would have continued the downward trend that started in the previous quarter and would be around 4.651 billion Euros.
The breakdown of the gross debt by financial instrument shows a decrease in the share of loans from 61.2% in the 4th quarter of 2019 to 51.7% in the reference quarter. This decline was offset by the growth in the percentage of securities which, during the same period, rose from 38.8% to 48.3%.
Net debt stood at 4.558 billion Euros
The net debt of the Regional Administration of Madeira stood at 4.558 billion Euros at the end of the 4th quarter 2020. Compared to the previous quarter, the net debt increased by 128 million Euros (+2,9), and went up by 86 million Euros (+1.9%) over the year-ago quarter.
Debt compiled according to the definition of the Excessive Deficit Procedure (Regulation (CE) 479/2009, of 25 May), i.e., general government consolidated gross debt at nominal or face value (Maastricht debt).
Net debt of deposits corresponds to Gross Debt (Maastricht debt) minus the deposits in resident banks.