Budget balance — all countries

Budget balance — Europe & Central Asia

Budget balance in Europe & Central Asia in 2031 — -2.49%. Since 1997, the indicator has risen by 0.21 pp.

2031 -2.49% +0.04 pp vs 2030
World rank
Period maximum -0.07%2007
Period minimum -6.98%2020

Trend over time

1997–2031 · % of GDP

Budget balance — Europe & Central Asia, 1997–2031-8-6-4-2019972001200520092013201720212025202920311997: -2.69%1998: -2.08%1999: -1.04%2000: -0.54%2001: -1.29%2002: -2.46%2003: -2.84%2004: -2.26%2005: -1.56%2006: -0.58%2007: -0.07%2008: -1.41%2009: -5.88%2010: -5.38%2011: -3.12%2012: -3.05%2013: -2.49%2014: -2.3%2015: -2.11%2016: -1.64%2017: -1.03%2018: -0.23%2019: -0.5%2020: -6.98%2021: -4.06%2022: -2.26%2023: -3.27%2024: -3.1%2025: -3.21%2026: -3.05%2027: -3.06%2028: -2.87%2029: -2.62%2030: -2.53%2031: -2.49%
Change over the period: +0.21 pp Annual average: 0.01 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Europe & Central Asia

Europe & Central Asia -2.49%
World computed -4.85%
Budget balance — Europe & Central Asia, by year Europe & Central Asia All countries CSV XLSX
Year % Change, pp
2031 -2.49 +0.04 pp
2030 -2.53 +0.09 pp
2029 -2.62 +0.24 pp
2028 -2.87 +0.19 pp
2027 -3.06 −0 pp
2026 -3.05 +0.16 pp
2025 -3.21 −0.11 pp
2024 -3.1 +0.16 pp
2023 -3.27 −1.01 pp
2022 -2.26 +1.79 pp
2021 -4.06 +2.92 pp
2020 -6.98 −6.48 pp
2019 -0.5 −0.27 pp
2018 -0.23 +0.79 pp
2017 -1.03 +0.62 pp
2016 -1.64 +0.47 pp
2015 -2.11 +0.19 pp
2014 -2.3 +0.19 pp
2013 -2.49 +0.56 pp
2012 -3.05 +0.07 pp
2011 -3.12 +2.26 pp
2010 -5.38 +0.51 pp
2009 -5.88 −4.47 pp
2008 -1.41 −1.34 pp
2007 -0.07 +0.51 pp
2006 -0.58 +0.98 pp
2005 -1.56 +0.71 pp
2004 -2.26 +0.58 pp
2003 -2.84 −0.38 pp
2002 -2.46 −1.17 pp
2001 -1.29 −0.75 pp
2000 -0.54 +0.5 pp
1999 -1.04 +1.04 pp
1998 -2.08 +0.61 pp
1997 -2.69

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.