Euro Area Government Deficit
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Developments
| (Billion EUR)[1] | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EU: total expenditure | 5,670 | 5,717 | 5,774 | 5,877 | 5,943 | 6,108 | 6,297 | 6,527 | 7,117 | 7,517 | 7,878 |
| Euro area: total expenditure | 4,928 | 4,968 | 5,017 | 5,099 | 5,165 | 5,291 | 5,438 | 5,627 | 6,129 | 6,486 | 6,770 |
| EU: total revenue | 5,251 | 5,375 | 5,490 | 5,647 | 5,773 | 6,004 | 6,246 | 6,451 | 6,208 | 6,817 | 7,346 |
| Euro area: total revenue | 4,554 | 4,663 | 4,764 | 4,890 | 5,006 | 5,186 | 5,388 | 5,550 | 5,319 | 5,829 | 6,286 |
| (% of GDP) | |||||||||||
| EU: total expenditure | 49.8 | 49.6 | 49.0 | 48.1 | 47.4 | 46.7 | 46.5 | 46.6 | 52.8 | 51.7 | 49.8 |
| Euro area: total expenditure | 50.1 | 50.0 | 49.3 | 48.5 | 47.7 | 47.1 | 46.9 | 46.9 | 53.5 | 52.6 | 50.8 |
| EU: total revenue | 46.1 | 46.7 | 46.6 | 46.2 | 46.0 | 45.9 | 46.2 | 46.0 | 46.1 | 46.9 | 46.5 |
| Euro area: total revenue | 46.3 | 46.9 | 46.8 | 46.5 | 46.3 | 46.2 | 46.5 | 46.3 | 46.4 | 47.3 | 47.1 |
Public balance and general government debt
| (% of GDP) | Public balance
(net borrowing / lending of consolidated general government sector) |
General government debt
(general government consolidated gross debt) | ||||||
|---|---|---|---|---|---|---|---|---|
| [2] | 2019 | 2020 | 2021 | 2022 | 2019 | 2020 | 2021 | 2022 |
| EU | -0.5 | -6.7 | -4.8 | -3.4 | 77.7 | 90.0 | 88.0 | 84.0 |
| Euro area 19 | -0.6 | -7.1 | -5.3 | -3.6 | 84.1 | 97.2 | 95.5 | 91.6 |
| Euro area 20 | -0.6 | -7.1 | -5.3 | -3.6 | 84.0 | 97.2 | 95.4 | 91.5 |
| Belgium | -2.0 | -9.0 | -5.5 | -3.9 | 97.6 | 112.0 | 109.1 | 105.1 |
| Bulgaria | 2.1 | -3.8 | -3.9 | -2.8 | 20.0 | 24.5 | 23.9 | 22.9 |
| Czechia | 0.3 | -5.8 | -5.1 | -3.6 | 30.0 | 37.7 | 42.0 | 44.1 |
| Denmark | 4.1 | 0.2 | 3.6 | 3.3 | 33.7 | 42.2 | 36.7 | 30.1 |
| Germany | 1.5 | -4.3 | -3.7 | -2.6 | 59.6 | 68.7 | 69.3 | 66.3 |
| Estonia | 0.1 | -5.5 | -2.4 | -0.9 | 8.5 | 18.5 | 17.6 | 18.4 |
| Ireland | 0.5 | -5.0 | -1.6 | 1.6 | 57.0 | 58.4 | 55.4 | 44.7 |
| Greece | 0.9 | -9.7 | -7.1 | -2.3 | 180.6 | 206.3 | 194.6 | 171.3 |
| Spain | -3.1 | -10.1 | -6.9 | -4.8 | 98.2 | 120.4 | 118.3 | 113.2 |
| France | -3.1 | -9.0 | -6.5 | -4.7 | 97.4 | 114.6 | 112.9 | 111.6 |
| Croatia | 0.2 | -7.3 | -2.5 | 0.4 | 71.0 | 87.0 | 78.4 | 68.4 |
| Italy | -1.5 | -9.7 | -9.0 | -8.0 | 134.1 | 154.9 | 149.9 | 144.4 |
| Cyprus | 1.3 | -5.8 | -2.0 | 2.1 | 90.8 | 113.8 | 101.2 | 86.5 |
| Latvia | -0.6 | -4.4 | -7.1 | -4.4 | 36.5 | 42.0 | 43.7 | 40.8 |
| Lithuania | 0.5 | -6.5 | -1.2 | -0.6 | 35.8 | 46.3 | 43.7 | 38.4 |
| Luxembourg | 2.2 | -3.4 | 0.7 | 0.2 | 22.4 | 24.5 | 24.5 | 24.6 |
| Hungary | -2.0 | -7.5 | -7.1 | -6.2 | 65.3 | 79.3 | 76.6 | 73.3 |
| Malta | 0.5 | -9.7 | -7.8 | -5.8 | 40.3 | 52.9 | 55.1 | 53.4 |
| Netherlands | 1.8 | -3.7 | -2.4 | 0.0 | 48.5 | 54.7 | 52.5 | 51.0 |
| Austria | 0.6 | -8.0 | -5.8 | -3.2 | 70.6 | 82.9 | 82.3 | 78.4 |
| Poland | -0.7 | -6.9 | -1.8 | -3.7 | 45.7 | 57.2 | 53.6 | 49.1 |
| Portugal | 0.1 | -5.8 | -2.9 | -0.4 | 116.6 | 134.9 | 125.4 | 113.9 |
| Romania | -4.3 | -9.2 | -7.1 | -6.2 | 35.1 | 46.9 | 48.6 | 47.3 |
| Slovenia | 0.7 | -7.7 | -4.6 | -3.0 | 65.4 | 79.6 | 74.5 | 69.9 |
| Slovakia | -1.2 | -5.4 | -5.4 | -2.0 | 48.0 | 58.9 | 61.0 | 57.8 |
| Finland | -0.9 | -5.6 | -2.8 | -0.9 | 64.9 | 74.7 | 72.6 | 73.0 |
| Sweden | 0.6 | -2.8 | 0.0 | 0.7 | 35.5 | 39.8 | 36.5 | 33.0 |
References