Government Budget | Forecast


Previous Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
-29.10 -37.00 -31.26 -32.4 -31.73 -31.07 -32.46 [+]
-3.50 -4.80 -6.13 -6.48 -6.19 -5.9 -0.66 [+]
-0.20 -2.10 2.78 4.51 5.22 5.93 3.17 [+]
0.30 -2.20 4.64 5.25 6.82 8.39 3.4 [+]
-2.60 -2.50 -2.96 -2.96 -0.74 -0.51 3.2 [+]
-1.50 -1.67 -4.21 -4.86 -4.44 -4.02 -2.88 [+]
-7.20 -8.50 -8.91 -9.13 -8.51 -9.43 -9.11 [+]
-1.20 -3.10 -4.23 0.67 -3.76 -3.41 -4.01 [+]
-1.30 -2.40 -2.42 -2.43 -2.31 -2.19 -2.08 [+]
0.60 0.50 0.52 0.52 0.52 0.52 0.51 [+]
-6.60 -4.30 -4.61 -3.89 -3.88 -3.87 -4.09 [+]
-4.40 -5.50 0.63 1.98 2.33 2.68 -4.88 [+]
3.70 3.97 3.1 3.15 3.04 2.93 3.86 [+]
-4.40 -7.90 -7.38 -6.93 -6.54 -6.23 -7.85 [+]
-0.40 0.70 0.77 0.75 0.86 0.96 0.56 [+]
-2.90 -3.20 -1.86 -1.64 -1.59 -1.53 -3.32 [+]
-1.10 -2.80 -3.2 -3.23 -2.89 -3.17 -3.79 [+]
-1.90 -1.10 0.14 0.45 -0.17 -0.79 -1.59 [+]
-4.40 -4.40 -4.33 -4.33 -4.34 -4.34 -3.39 [+]
2.77 0.83 0.19 0.02 -0.28 -0.58 0.92 [+]
-2.05 -2.20 -2.22 -2.24 -2.24 -2.24 -2.24 [+]
0.70 5.20 2.87 3.53 3.28 3.04 13.48 [+]
1.60 -0.60 0.3 0.15 1.3 1.35 0.5 [+]
11.40 9.30 8.23 7.55 8.05 8.55 10.88 [+]
-1.50 -3.70 -0.8 -0.46 -0.2 0.05 -3.93 [+]
-4.40 -3.70 -0.04 -0.01 -0.31 -0.62 -2.21 [+]
-9.50 -8.30 -9.06 -9.1 -8.91 -8.73 -9.29 [+]
-5.00 -4.10 -2.85 -2.84 -2.74 -2.64 -3.65 [+]
-4.10 -5.20 -2.38 -2.69 -1.89 -1.08 -4.86 [+]
-1.00 -0.30 -1.08 -1.39 -1.42 -1.46 0 [+]
-9.00 -7.30 -5.19 -4.25 -3.82 -3.39 -7.87 [+]
2.70 1.10 -5.13 -6.65 -7.27 -7.89 -1.23 [+]
-6.30 -3.20 0.14 1.21 1.09 0.98 -0.72 [+]
-2.70 -5.60 -2.78 -3.02 -2.81 -2.6 -1.66 [+]
-0.70 -1.60 4.12 5.43 5.94 6.44 1.27 [+]
-2.10 -2.10 -2.7 -2.6 -2.07 -2.06 -2.35 [+]
-2.41 -2.40 -2.61 -2.75 -2.95 -3.15 0.57 [+]
18.20 -0.60 5.9 6.7 3.82 0.95 -0.75 [+]
-1.70 -3.70 -2.87 -3.2 -2.98 -2.75 -1.75 [+]
-5.40 -5.30 -2.98 -2.54 -2.19 -1.84 -4.96 [+]
-5.20 -5.70 -4.32 -4.23 -4.32 -4.42 -5.74 [+]
-3.60 -1.20 -2.97 -2.28 -2.65 -3.03 -1.83 [+]
-4.90 -8.80 -7 -7.2 -6.02 -4.85 -8.54 [+]
-1.16 -1.98 -4.05 -4.91 -4.96 -5.02 -2.3 [+]
-1.10 1.20 -0.68 -0.17 1.88 2.34 -1.1 [+]
-3.10 -2.60 -0.49 0.15 -1.02 -2.19 -2.7 [+]
-2.87 -2.70 -2.88 -3.06 -3.25 -3.45 -3.98 [+]
-2.40 -0.50 -1.02 -0.5 -0.5 -0.49 -0.49 [+]
-3.00 -4.00 -2.24 -1.94 -1.59 -1.24 -1.27 [+]
-13.70 -12.80 -13.28 -12.86 -12.87 -12.88 -12.94 [+]
-3.40 -4.04 -3.13 -2.95 -2.74 -2.53 -4.08 [+]
-4.50 -7.20 3.98 6.73 9.52 12.32 -6.91 [+]
-10.30 -10.70 -11.9 -12.27 -11.88 -11.48 -10.67 [+]
-0.20 0.60 1.07 0.87 0.74 0.6 0.28 [+]
-1.90 -2.60 -3.45 -3.45 -3.47 -3.5 -2.35 [+]
-2.90 -2.40 -2.65 -2.12 -3.13 -3.33 -3.12 [+]
-3.20 -2.90 -2.58 -2.57 -2.63 -2.75 -3.16 [+]
-1.10 -2.60 -2.85 -2.65 -2.67 -2.7 -2.55 [+]
-2.50 -3.20 -1.86 -1.82 -1.56 -1.3 -3.33 [+]
-4.10 -4.00 -3.9 -3.8 -3.96 -3.92 -2.93 [+]
-3.20 -6.60 -4.66 -5.49 -4.8 -4.11 -4.32 [+]
-8.60 -8.70 -5.96 -5.59 -4.57 -3.54 -7.21 [+]
-2.60 -3.20 -2.51 -2.58 -2.51 -2.44 -2.76 [+]
0.10 0.70 0.21 0.2 -1.86 -2.43 -1.1 [+]
-9.50 -10.40 -10.78 -11.11 -10.49 -9.86 -8.93 [+]
-12.30 -3.50 -3.56 -3.35 -2.56 -2.16 -6.58 [+]
-2.20 -1.90 -1.9 -1.81 -1.79 -1.76 -2.25 [+]
-2.10 -4.20 -1.01 -0.45 -0.97 -1.49 -3.75 [+]
-4.10 -2.10 -2.86 -2.5 -2.57 -2.65 -1.73 [+]
-4.40 -4.90 -4.3 -4.51 -4.48 -4.44 -4.87 [+]
-0.15 -2.32 -0.96 -1.26 -1.48 -1.71 -1.28 [+]
-7.56 -4.90 -4.81 -4.93 -4.93 -4.93 -4.01 [+]
0.60 2.80 1.67 1.84 1.28 0.73 1.16 [+]
-2.50 -2.60 -4.73 -4.69 -4.66 -4.63 -2.74 [+]
-1.70 -0.20 -0.3 -0.37 -0.46 -0.55 -1.34 [+]
-4.90 -4.50 -4.2 -3.9 -4.95 -4.94 -3.5 [+]
-2.30 -2.25 -1.57 -1.32 -1.21 -1.1 -1.91 [+]
-0.26 -0.78 -0.51 -0.24 -0.18 -0.11 -0.06 [+]
-5.47 -2.69 -1.04 -0.22 -0.64 -1.06 0.03 [+]
-5.80 -4.10 -3.15 -3 -3.9 -3.87 -3.4 [+]
-3.15 -2.80 -3.98 -3.95 -4.02 -4.09 -2.93 [+]
-2.90 -3.00 -2.9 -2.9 -2.82 -2.91 -3 [+]
-2.30 -2.20 -1.79 -2.01 -1.56 -1.12 -1.57 [+]
-1.80 -0.70 -5.05 -5.99 -5.78 -5.57 -2.27 [+]
-8.40 -7.70 -4.2 -4.08 -6.92 -6.75 -6 [+]
-5.50 -2.30 -3.59 -2.99 -2.72 -2.45 -4.16 [+]
-2.90 -2.10 -1.77 -1.56 -1.28 -1.01 -1.97 [+]
-5.60 -8.00 -6.82 -6.91 -6.57 -6.24 -6.9 [+]
1.50 -3.50 1.72 1.88 2.09 2.31 -26.05 [+]
34.06 28.93 24.98 25.2 24.83 24.45 35.72 [+]
-0.70 -0.50 2.55 3.64 2.94 2.24 -0.48 [+]
-7.90 -12.40 -9.49 -9.45 -9.61 -9.77 -8.41 [+]
-0.70 -1.40 -1.57 -1.68 -1.72 -1.76 -1.19 [+]
6.21 18.53 3.26 4.92 6.52 8.13 4.69 [+]
4.80 1.00 3.61 3.54 4.97 6.4 0.2 [+]
-1.60 -1.10 1.09 1.51 1.33 1.14 -1.36 [+]
-6.20 -49.10 -15.81 -13.37 -10.5 -7.62 -4.71 [+]
-2.60 -0.70 -1.94 -1.66 -1.8 -1.94 -3.93 [+]
0.90 0.60 0.61 0.13 0.22 0.3 0.61 [+]
-3.90 -4.20 -2.01 -1.91 -1.47 -1.02 -4.21 [+]
-4.00 -2.00 -3.35 -3.6 -3.48 -3.37 -2.13 [+]
-0.20 -4.30 -4.82 -4.95 -4 -3.04 -2.97 [+]
-3.90 -3.50 -3.14 -3.06 -2.98 -2.9 -3.6 [+]
-4.20 -3.40 -3.94 -5.02 -5.34 -5.66 -4.79 [+]
-6.90 -5.60 2.12 2.17 1.91 1.65 -1.01 [+]
-2.60 -2.10 -2.52 -2.35 -2.37 -2.39 -2.46 [+]
-1.10 -3.40 -0.15 -0.93 0.12 1.18 -3.25 [+]
-3.50 -3.60 -3.74 -3.76 -3.79 -3.82 -4.16 [+]
-2.30 -4.00 -3.21 -3.52 -3 -2.49 -3.62 [+]
-1.75 -1.80 1.6 2.72 2.28 1.84 -1.2 [+]
-7.70 -2.00 -1.46 -0.39 -1.53 -2.68 -2.94 [+]
-5.90 -3.90 -3.25 -2.93 -2.77 -2.62 -3.87 [+]
-5.40 -5.00 -2.55 -2.32 -1.76 -1.21 -3.19 [+]
-2.90 -10.00 -1.78 -0.54 -1.89 -3.25 -4.63 [+]
-2.03 -4.31 -3.91 -3.95 -4.06 -4.18 -3.59 [+]
-3.00 -5.40 0.11 1.17 1.38 1.6 -2.11 [+]
-1.60 -2.20 -3.03 -3.15 -3.12 -3.09 0.14 [+]
-2.30 -2.30 -2.38 -2.72 -2.79 -2.86 -1.71 [+]
-2.10 -1.30 0.77 0.98 0.73 0.47 -1.73 [+]
-1.10 -1.50 -1.25 -1.21 -1.17 -1.13 -0.68 [+]
-2.60 -5.60 -2.98 -2.73 -2.61 -2.48 -3.66 [+]
1.10 0.10 -1.65 -1.66 -1.68 -1.69 -1.92 [+]
11.30 9.10 10.04 9.78 10.01 10.25 10.52 [+]
-0.30 -0.30 3.23 4.04 3.15 2.26 -0.34 [+]
-8.00 -5.00 -5.42 -4.8 -4.63 -4.46 -4.02 [+]
-0.80 2.20 -1.95 -2.29 -1.86 -1.43 -2.14 [+]
-4.40 -4.10 -1.74 -1.39 -0.88 -0.36 -1.62 [+]
-7.80 -6.90 -4.57 -4.29 -3.91 -3.52 -6.87 [+]
-1.91 -0.59 -1.14 -1.21 -1.32 -1.42 -1.48 [+]
0.90 -0.10 -0.6 -0.14 0.04 0.22 0.51 [+]
-1.40 -0.60 -1.3 -1.38 -1.38 -1.37 -0.55 [+]
-4.00 -3.20 -3.02 -2.9 -3.2 -3.5 -4.49 [+]
-4.80 -4.50 -3.3 -3.5 -3.14 -2.96 -3.64 [+]
18.80 13.20 2.68 -1.17 0.05 1.26 10.18 [+]
8.30 -5.40 2.96 3.61 2.8 1.99 2.71 [+]
-0.90 -1.98 -1.57 -1.44 -1.38 -1.32 -4.12 [+]
-0.50 -0.50 -5 -5 3.32 3.57 -2.36 [+]
-5.20 -4.30 -6.57 -7.32 -6.78 -6.23 -4.3 [+]
-11.30 -9.40 41.39 45.04 41.05 37.06 2.01 [+]
6.50 -2.30 3.63 4.64 4.21 3.78 -1.73 [+]
-5.50 -5.10 -4.34 -3.9 -4.21 -4.52 -5.28 [+]
-4.48 -4.55 -5.98 -6.69 -6.37 -6.05 -4.94 [+]
0.90 1.00 -1.51 -1.75 -1.81 -1.88 -1.58 [+]
-2.40 -1.20 -3.13 -3.9 -3.98 -4.07 -2.47 [+]
1.10 -0.13 1.6 1.52 1.97 2.42 -0.19 [+]
-2.63 -2.93 -3.42 -3.38 -3.72 -4.06 -4.94 [+]
-14.90 -4.90 -8.64 -9.66 -7.83 -6 -8.25 [+]
-4.00 -3.80 -3.45 -3.29 -3.18 -3.08 -2.31 [+]
-1.30 -1.50 -1.2 -1.69 -1.13 -0.58 -0.11 [+]
-6.80 -5.80 -5.5 -5.35 -5.48 -5.42 -3.72 [+]
-5.90 -6.00 -7.98 -8.16 -8.25 -8.34 -7.12 [+]
-2.30 -0.90 -2.13 -1.6 -2.05 -2.5 -3.33 [+]
-5.90 -5.10 -4.01 -3.88 -3.69 -3.49 -4.53 [+]
-0.20 -3.00 -2.71 -3.25 -3.56 -3.87 -1.91 [+]
-1.40 -1.90 -1.58 -1.93 -1.81 -1.7 -1.41 [+]
-0.10 -0.10 -0.3 -0.16 -0.18 -0.2 -0.01 [+]
-1.14 -11.40 -11.76 -12.26 -11.75 -11.23 -10 [+]
-1.40 -2.10 -1.4 -1.44 -1.43 -1.41 -1.93 [+]
0.30 0.30 1.3 1.4 1.04 0.69 1.5 [+]
-6.90 -3.80 -4.6 -4.19 -4.47 -4.74 -5.19 [+]
-4.10 -2.50 -2.16 -1.9 -1.81 -1.71 -3.44 [+]
-4.50 -4.90 -4.08 -4.12 -4.88 -5.64 -5.35 [+]
-1.40 -2.60 -0.17 0.25 0.83 1.41 -1.88 [+]
-4.60 -4.70 -5.66 -5.98 -5.02 -4.05 -4.03 [+]
-1.20 -1.30 -2.6 -2.65 -2.84 -3.02 -2 [+]
1.50 0.80 1.73 2.25 2.22 2.2 2.19 [+]
-2.60 -4.50 -3.44 -3.49 -2.96 -2.43 -3.61 [+]
-4.48 -4.60 -3.28 -3.28 -3.25 -3.21 -3.15 [+]
8.80 10.15 4.43 4.56 4.01 3.45 0.9 [+]
-5.70 -5.70 -4.74 -3.5 -5.33 -5.01 -2.8 [+]
-4.10 -2.80 -2.79 -3 -2.56 -2.6 -1.5 [+]
-2.57 -3.40 -2.87 -2.97 -3.03 -3.09 -3.42 [+]
0.20 0.20 -0.37 -0.46 -0.45 -0.44 -0.06 [+]
-8.50 -11.50 -9.32 -10.14 -9.4 -8.66 -11.89 [+]
-7.10 -4.40 -3 -2.34 -2.2 -2.06 -4.91 [+]
-6.30 -5.80 -5.04 -5.58 -5.48 -5.38 -6.08 [+]
-6.70 -5.50 -1.49 -1.66 -1.41 -1.15 -1.12 [+]
-2.40 -2.40 -2.55 -2.27 -2.18 -2.1 -1.8 [+]

Trading Economics forecasts are driven by our own analysts’ expectations and technically projected using an autoregressive integrated moving average (ARIMA) model. First, we model the past behaviour of a time series by using vast amounts of historical data. Then, we adjust the coefficients of the econometric model by taking into account, our own analyst’s assessments and future expectations. While we work hard to make our predictions accurate, please note that past performance of our forecast model is not necessarily indicative of future results. Moreover, please take into account that because countries publish their data releases in different dates and sometimes with significant delays we may have to project past data which has already some time but was not yet released by official sources. If you have any question please email us at contact@tradingeconomics.com

7/4/2015