
Aaron O'Neill
Research lead for society, economy, and politics: Europe & global
Get in touch with us nowFluctuating decline between 2011 and 2025
A total decrease by approximately 2.57 percentage points can be seen between 2011 and 2025. This decrease however did not happen continuously.
Continuous decline between 2025 and 2030
The budget balance will stand at close to -1.74 percent in 2030, according to forecasts. Compared to 2025 this is an overall decrease by approximately 3.74 percentage points. This decrease reflects a consistent falling trend.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
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Population
Economy
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* For commercial use only
Basic Account
Starter Account
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.