Government Budget Balance in Europe by Country

General government surplus or deficit across European countries.

General government net lending (+) / net borrowing (–) (% of GDP) (2023): highest in Denmark at 3.4%, lowest in Italy at -7.1%, across 27 European countries.

CountryGeneral government net lending (+) / net borrowing (–) (% of GDP)
Denmark3.4%
Cyprus1.7%
Ireland1.4%
Portugal1.1%
Netherlands-0.4%
Lithuania-0.7%
Luxembourg-0.7%
Sweden-0.9%
Croatia-1.1%
Greece-1.4%
Bulgaria-2.0%
Latvia-2.3%
Germany-2.5%
Austria-2.6%
Slovenia-2.6%
Estonia-2.7%
Finland-2.9%
Spain-3.3%
Czechia-3.7%
Belgium-4.1%
Malta-4.4%
Poland-5.2%
Slovakia-5.3%
France-5.4%
Romania-6.6%
Hungary-7.0%
Italy-7.1%
Reference period: 2023. Source: Eurostat tec00127. No data available for: Iceland, Norway, Switzerland, United Kingdom.

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Data is sourced from official European statistics offices via the Nordic Data API and refreshed automatically. Reference periods are shown with each table — figures are always the latest complete period published, never estimates.