Government Budget In the Euro Area decreased to -0.60 percent of GDP in 2019 from -0.50 percent of GDP in 2018. source: Eurostat

Government Budget in the Euro Area averaged -2.76 percent of GDP from 1995 until 2019, reaching an all time high of -0.50 percent of GDP in 2018 and a record low of -7.30 percent of GDP in 1995. This page provides - Euro Area Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Government Budget - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Government Budget in Euro Area is expected to reach -8.40 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Budget is projected to trend around -4.00 percent of GDP in 2021 and -1.20 percent of GDP in 2022, according to our econometric models.

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Euro Area Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -0.50 -0.50 -7.30 1995 - 2019 percent of GDP Yearly


Calendar GMT Actual Previous Consensus TEForecast
2013-04-22 10:00 AM General government budget 2012 -3.7% -4.2% -3.5%
2018-04-23 09:00 AM Government Budget to GDP 2017 -0.9% -1.5%
2019-04-23 09:00 AM Government Budget to GDP 2018 -0.5% -1% -0.8%
2020-04-22 09:00 AM Government Budget to GDP 2019 -0.6% -0.5% -0.8%
2021-04-22 09:00 AM Government Budget to GDP 2020


Euro Area Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.