Euro Area recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2018.
Government Budget in the Euro Area averaged -2.83 percent of GDP from 1995 until 2018, reaching an all time high of -0.50 percent of GDP in 2000 and a record low of -7.40 percent of GDP in 1995. This page provides - Euro Area Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Eurostat
Government Budget in Euro Area is expected to be -0.90 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Budget is projected to trend around -0.80 percent of GDP in 2020, according to our econometric models.