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.

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Euro Area Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -0.90 -0.50 -7.40 1995 - 2018 percent of GDP Yearly

Calendar GMT Actual Previous Consensus TEForecast
2013-04-22 10:00 AM General government budget 2012 -3.7% -4.2% -3.5%
2018-04-23 09:00 AM Government Budget to GDP 2017 -0.9% -1.5%
2019-04-23 09:00 AM Government Budget to GDP 2018 -0.5% -1% -0.8%
2020-04-22 09:00 AM Government Budget to GDP 2019 -0.8%

Euro Area Government Budget
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.

Euro Area Government Last Previous Highest Lowest Unit
Government Debt to GDP 87.90 89.80 93.00 65.00 percent [+]
Government Budget -0.50 -0.90 -0.50 -7.40 percent of GDP [+]
Government Spending 580.25 577.99 580.25 401.12 EUR Billion [+]
Government Spending to GDP 46.80 47.00 52.80 45.40 percent [+]
Government Debt 9859512.70 9760551.00 9859512.70 4072618.10 EUR Million [+]
Credit Rating 13.59 [+]