European Union recorded a Government Budget deficit equal to 4.70 percent of the country's Gross Domestic Product in 2021. source: EUROSTAT

Government Budget in European Union averaged -2.87 percent of GDP from 1995 until 2021, 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 February of 2023.

Government Budget in European Union is expected to reach -3.70 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Budget is projected to trend around -3.10 percent of GDP in 2024 and -2.80 percent of GDP in 2025, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
European Union Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 88.10 90.00 percent of GDP Dec 2021
Government Budget -4.60 -6.70 percent of GDP Dec 2021
Government Spending 719.60 718.61 EUR Billion Sep 2022
Asylum Applications 77595.00 66545.00 persons Aug 2022
Government Spending to GDP 51.60 53.00 percent of GDP Dec 2021
Government Debt 12740563.40 12065668.20 EUR Million Dec 2021