Greece Government Budget
Greece recorded a Government Budget deficit equal to 12.70 percent of the country's Gross Domestic Product in 2013. Government Budget in Greece averaged -7.37 Percent of GDP from 1995 until 2013, reaching an all time high of -3.20 Percent of GDP in 1999 and a record low of -15.70 Percent of GDP in 2009. Government Budget in Greece is reported by the Eurostat.
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||Percent of GDP
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 - Greece Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.