The budget shows a primary surplus of €13.53 billion for the period January-October 2024, against a target of a surplus of €12.93 billion and a surplus of €6.08 billion for the same period in 2023. 

Tax revenues amounted to 55.14 billion euros and are close to the budget target (a difference of 47 million euros). As the Ministry of National Economy and Finance points out, the difference in the primary surplus compared to the target is mainly due to the collection of 206 million euros in October 2024 from the extraordinary levy on electricity suppliers, which is planned to be allocated through the Ministry of Environment and Energy, and the heterochronism of expenditure. 

It is also noted that the primary outcome in fiscal terms differs from the outcome in cash terms. In addition, the above refers to the primary result of the Central Administration and not to the general government as a whole, which includes the financial results of the legal entities and the sub-sectors of the OTAs and OCAs.

According to the state budget execution data, on a modified cash basis, for the period January–October 2024, there is a surplus in the state budget balance of EUR 6.12 billion compared to the updated target for a surplus of EUR 5.52 billion included for the corresponding period of 2024 in the 2025 Budget Report and a deficit of EUR 482 million in the corresponding period of 2023. 

In the period January–October 2024, the amount of net state budget revenues amounted to EUR 61,330 million, an increase of EUR 251 million or 0.4% compared to the target included for the corresponding period in the 2025 Budget Report, mainly due to the collection of EUR 206 million in October 2024 from the extraordinary levy on electricity suppliers, which was not foreseen. 

Total state budget revenue amounted to EUR 67,413 million, up EUR 251 million or 0.4% against the target.