Government Budget in European Union decreased to -0.50 percent of GDP in 2019 from -0.40 percent of GDP in 2018. source: Eurostat

Government Budget in European Union averaged -2.64 percent of GDP from 1995 until 2019, reaching an all time high of -0.40 percent of GDP in 2018 and a record low of -7.20 percent of GDP in 1995. This page provides - European Union Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Budget - values, historical data and charts - was last updated on November of 2020.

Government Budget in European Union is expected to reach -8.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Budget is projected to trend around -4.30 percent of GDP in 2021 and -1.40 percent of GDP in 2022, according to our econometric models.

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European Union Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -0.40 -0.40 -7.20 1995 - 2019 percent of GDP Yearly

European Union Government Last Previous Highest Lowest Unit
Government Debt To GDP 79.30 80.40 87.00 58.10 percent [+]
Government Budget -0.50 -0.40 -0.40 -7.20 percent of GDP [+]
Government Spending 662.58 677.88 683.60 463.73 EUR Billion [+]
Government Spending To GDP 46.70 46.60 53.20 45.60 percent [+]
Government Debt 10837934.00 10746456.00 10837934.00 5215364.00 EUR Million [+]
Credit Rating 98.00 [+]
Asylum Applications 7090.00 31585.00 162050.00 7090.00 persons [+]