Greece recorded a government budget deficit of 2089.60 EUR Million in December of 2019. Greece Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Greece averaged -4978 EUR Million from 1995 until 2019, reaching an all time high of 22737.60 EUR Million in October of 1998 and a record low of -30872 EUR Million in December of 2009. This page provides the latest reported value for - Greece Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Budget Value in Greece is expected to be 450.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Greece to stand at 360.00 in 12 months time. In the long-term, the Greece Government Budget Value is projected to trend around 90.00 EUR Million in 2021, according to our econometric models.

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Greece Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-2089.60 1016.10 22737.60 -30872.00 1995 - 2019 EUR Million Monthly
Current Prices, NSA

Greece Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.