Greece

Fiscal Balance

-7.4
percent of GDP
Dec 95Dec 97Dec 99Dec 01Dec 03Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 19Dec 21-18.000-12.000-6.0000.0006.000
  • Greece
  • Global Median
Source: IMF

Global Ranking

149
Colombia-7.15
150
Italy-7.2
151
Latvia-7.3
152
Guyana-7.39
153
Egypt-7.4
153
Greece-7.4
155
Uganda-7.5
156
Chile-7.52
156
Costa Rica-7.52
158
Tunisia-7.71

Europe Ranking

40
Spain-6.9
41
Romania-7.1
42
Italy-7.2
43
Latvia-7.3
44
Greece-7.4
45
Malta-8
46
Iceland-8.9

News

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING