Budget balance in Southern Europe in 2031 — -2.33%. Since 2000, the indicator has fallen by 0.03 pp.
2000–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Southern Europe
| Year | % | Change, pp |
|---|---|---|
| 2031 | -2.33 | −0.12 pp |
| 2030 | -2.22 | −0.01 pp |
| 2029 | -2.2 | −0.08 pp |
| 2028 | -2.12 | +0.12 pp |
| 2027 | -2.24 | −0.03 pp |
| 2026 | -2.21 | +0.19 pp |
| 2025 | -2.4 | +0.33 pp |
| 2024 | -2.73 | +1.9 pp |
| 2023 | -4.63 | +1.1 pp |
| 2022 | -5.73 | +1.67 pp |
| 2021 | -7.4 | +1.9 pp |
| 2020 | -9.3 | −7.58 pp |
| 2019 | -1.72 | +0.21 pp |
| 2018 | -1.93 | +0.44 pp |
| 2017 | -2.38 | +0.42 pp |
| 2016 | -2.8 | +0.78 pp |
| 2015 | -3.58 | +0.71 pp |
| 2014 | -4.29 | +0.45 pp |
| 2013 | -4.74 | +1.51 pp |
| 2012 | -6.25 | +0.02 pp |
| 2011 | -6.27 | +0.59 pp |
| 2010 | -6.86 | +1.28 pp |
| 2009 | -8.14 | −4.26 pp |
| 2008 | -3.89 | −3.2 pp |
| 2007 | -0.69 | +1.13 pp |
| 2006 | -1.82 | +0.72 pp |
| 2005 | -2.55 | +0.38 pp |
| 2004 | -2.93 | −0.13 pp |
| 2003 | -2.8 | −0.4 pp |
| 2002 | -2.4 | +0.26 pp |
| 2001 | -2.66 | −0.35 pp |
| 2000 | -2.3 | — |
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.