title |
Budget Balance as a percentage of GDP, EA-18 |
region |
Euro area 18 (fixed composition) as of 1 January 2014 |
unit |
Percent |
unit mult (smallest available) |
1 |
comment |
The net borrowing (+)/net lending (-) of general government is the difference between the revenue and the expenditure of the general government sector. The general government sector comprises the following sub-sectors: central government, state government, local government, and social security funds. GDP used as a denominator is the gross domestic product at current market prices. Forecast data reflect the latest economic forecasts of the European Commission. |
classification |
not available |
breaks |
|
frequency |
years |
data available from |
1995 - 2016 (The indicated data availability refers to the longest available time series irrespective of its duration.) |
last update |
2015-02-12 11:35:24 |
Source |
AMECO |
lag |
3 month |
release calendar
|
|