Germany Government Budget

Germany recorded a government budget surplus equivalent to 0.3 billion euros ($0.4 billion) in 2013. Government Budget in Germany is reported by the Eurostat. From 1996 until 2013, Germany Government Budget averaged -2.0 Percent of GDP reaching an all time high of 1.3 Percent of GDP in December of 2000 and a record low of -4.2 Percent of GDP in December of 2010. 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 - Germany Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.00 0.10 1.30 -4.20 -0.13 | 2014/06 1996 - 2013 Percent of GDP Yearly

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Germany Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 78.40 2013-12-31 81.00 82.50 55.60 77.10 2014-12-31 Percent [+]
Government Budget Value 10.10 2013-05-15 -13.10 40.60 -42.50 3.59 2013-09-30 EUR Billion [+]
Government Spending 118.60 2013-11-15 118.62 118.62 83.61 118.69 2014-03-31 EUR Billion [+]
Credit Rating 98.47 [+]
Government Budget 0.00 2013-12-31 0.10 1.30 -4.20 -0.13 2014-06-30 Percent of GDP [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


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