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...)
Subscribe to our newsletter and get statistical data as soon as it is available!...
At the end of the 1st quarter 2021
Gross debt of the Regional Administration of Madeira stood at 5.068 billion Euros
The gross debt of the Regional Administration of Madeira (RAM) stood at 5.068 billion Euros at the end of the 1st quarter 2021, decreasing by 41 million Euros (-0.8%) from the 4th quarter of 2020, and increasing by 455 million Euros (+9.9%) from the year-ago quarter. This significant growth is 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 stand at 4.610 billion Euros.
The breakdown of the gross debt by financial instrument shows a decrease in the share of loans from 60.8% in the 1st quarter of 2020 to 51.6% in the reference quarter. This decline was offset by the growth in the percentage of securities which, during the same period, rose from 39.2% to 48.4%.
By issuer, the Regional Government is responsible for 90.5% (88.4% in the same quarter of the previous year) of the gross debt and the enterprises classified in the government sector for 9.5% (11.6% in the 1st quarter of 2020).
Net debt stood at 4.498 billion Euros
The net debt of the Regional Administration of Madeira stood at 4.498 billion Euros at the end of the 1st quarter 2021. Compared to the previous quarter, the net debt decreased by 56 million Euros (-1.3%), increasing by 132 million Euros (+3.0%) year-on-year.
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.