European Union recorded a Government Budget deficit equal to 0.70 percent of the country's Gross Domestic Product in 2018. Government Budget in European Union averaged -2.87 percent of GDP from 2001 until 2018, reaching an all time high of -0.70 percent of GDP in 2018 and a record low of -6.60 percent of GDP in 2009.

Government Budget in European Union 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 European Union Government Budget is projected to trend around -1.20 percent of GDP in 2020, according to our econometric models.

European Union Government Budget
Forecast Data Chart
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European Union Government Last Previous Highest Lowest Unit
Government Debt To GDP 80.00 81.70 86.60 57.50 percent [+]
Government Budget -0.70 -1.00 -0.70 -6.60 percent of GDP [+]
Government Spending 749666.80 747016.90 749666.80 512306.60 EUR Million [+]
Government Spending To GDP 45.60 45.80 50.00 44.60 percent [+]
Government Debt 12715249.10 12579778.20 12715249.10 5804160.50 EUR Million [+]
Asylum Applications 26320.00 48385.00 167190.00 10785.00 persons [+]

European Union Government Budget

This page provides - European Union Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Budget - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -1.00 -0.70 -6.60 2001 - 2018 percent of GDP Yearly

Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18