Budget balance in the European Union in 2031 — -3.02%. Since 1995, the indicator has risen by 4.19 pp.
1995–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: European Union
| Year | % | Change, pp |
|---|---|---|
| 2031 | -3.02 | +0.07 pp |
| 2030 | -3.09 | +0.08 pp |
| 2029 | -3.17 | +0.11 pp |
| 2028 | -3.28 | +0.18 pp |
| 2027 | -3.46 | −0.01 pp |
| 2026 | -3.44 | −0.32 pp |
| 2025 | -3.12 | +0.01 pp |
| 2024 | -3.13 | +0.28 pp |
| 2023 | -3.42 | −0.29 pp |
| 2022 | -3.13 | +1.5 pp |
| 2021 | -4.63 | +2.08 pp |
| 2020 | -6.71 | −6.22 pp |
| 2019 | -0.49 | −0.09 pp |
| 2018 | -0.39 | +0.49 pp |
| 2017 | -0.89 | +0.49 pp |
| 2016 | -1.38 | +0.51 pp |
| 2015 | -1.89 | +0.58 pp |
| 2014 | -2.47 | +0.47 pp |
| 2013 | -2.94 | +0.72 pp |
| 2012 | -3.67 | +0.37 pp |
| 2011 | -4.04 | +1.97 pp |
| 2010 | -6.01 | +0.02 pp |
| 2009 | -6.03 | −3.94 pp |
| 2008 | -2.09 | −1.53 pp |
| 2007 | -0.56 | +0.89 pp |
| 2006 | -1.45 | +0.94 pp |
| 2005 | -2.39 | +0.36 pp |
| 2004 | -2.75 | +0.39 pp |
| 2003 | -3.14 | −0.34 pp |
| 2002 | -2.8 | −0.85 pp |
| 2001 | -1.95 | −0.75 pp |
| 2000 | -1.21 | +0.3 pp |
| 1999 | -1.5 | +0.9 pp |
| 1998 | -2.4 | +0.64 pp |
| 1997 | -3.04 | +1.25 pp |
| 1996 | -4.29 | +2.92 pp |
| 1995 | -7.21 | — |
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.
Gross general government debt as a percent of GDP.
Public Finance Government revenueHow much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.