Greece recorded a Government Budget surplus equal to 1 percent of the country's Gross Domestic Product in 2018.

Government Budget in Greece averaged -6.79 percent of GDP from 1995 until 2018, reaching an all time high of 1 percent of GDP in 2018 and a record low of -15.10 percent of GDP in 2009. This page provides the latest reported value for - Greece Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Budget in Greece is expected to be 1.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Government Budget is projected to trend around 0.70 percent of GDP in 2020, according to our econometric models.

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Greece Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.70 1.00 -15.10 1995 - 2018 percent of GDP Yearly

Greece Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Greece Government Last Previous Highest Lowest Unit
Government Debt to GDP 181.20 176.20 181.20 22.60 percent [+]
Government Budget 1.00 0.70 1.00 -15.10 percent of GDP [+]
Government Budget Value 1016.10 1024.20 22737.60 -30872.00 EUR Million [+]
Government Spending 9521.80 10501.00 14069.70 8175.90 EUR Million [+]
Government Spending to GDP 46.70 47.30 62.30 43.70 percent [+]
Government Revenues 55019.00 48429.00 60352.00 244.00 EUR Million [+]
Government Debt 353850.25 356549.40 367978.00 215415.74 EUR Million [+]
Fiscal Expenditure 55244.00 46508.00 86355.00 1369.00 EUR Million [+]
Military Expenditure 4934.00 5094.00 9095.00 779.00 USD Million [+]
Credit Rating 36.00 [+]
Asylum Applications 9490.00 6735.00 9490.00 390.00 persons [+]