Euro Area Government Budget

Euro Area recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2013. Government Budget in the Euro Area averaged -2.95 Percent of GDP from 1995 until 2013, reaching an all time high of 0 Percent of GDP in 2000 and a record low of -6.40 Percent of GDP in 2009. Government Budget in the Euro Area is reported by the Eurostat.

   
 
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Euro Area Government Budget


Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -3.70 0.00 -6.40 1995 - 2013 Percent of GDP Yearly
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. This page provides - Euro Area Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-04-22 10:00 AM Euro Area
General government budget
2012 -3.7% -4.2% -3.5%


Government Last Previous Highest Lowest Unit
Government Budget -3.00 -3.70 0.00 -6.40 Percent of GDP [+]
Government Debt to GDP 92.60 90.70 92.60 66.20 Percent [+]
Government Spending 400.13 416.78 422.27 292.64 EUR Billion [+]
Government Spending to GDP 49.70 49.90 53.00 46.00 percent [+]
Credit Rating 13.59 [+]





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