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This is a list of sovereign states in Europe by their consolidated fiscal balance as a percentage of Gross domestic product, including an average for the European Union. Country Consolidated
Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits." [12]
This is map and list of European countries by budget revenues and budget revenues per capita for year 2013 from Eurostat and CIA World Factbook. Countries in blue have more than € 100 billion, green € 10- € 99 billion and yellow below € 10 billion budget revenues from Eurostat [ 1 ] and CIA Factbook [ 2 ]
This is a sortable list of all European countries by their gross domestic product in billions of US dollars at market or official government exchange rates (nominal GDP), according to the International Monetary Fund. The economic and political map of Europe also includes: Turkey, Georgia, Armenia, Azerbaijan, Cyprus and Kosovo.
Russia has the largest surplus of those European countries not a member of either (or both) the EU or eurozone. Ukraine has the smallest average wage in Europe, mostly as a result of the ongoing war. United Kingdom has the largest deficit of any country in Europe and the European Union.
The UN World Bank cites the IMF as the source for their data on Current Account Balance, and so is not included separately on this page. The second list includes only countries for which the CIA World Factbook lists 2015 estimates for both Current Account Balance and GDP.
Prodded by worries about the worst global economic outlook in a decade and electorates still smarting from years of austerity, euro zone governments are starting to loosen their budgetary purse ...
The VAT-based [15] own resource is a source of EU revenue based on the proportion of VAT levied in each member country. VAT rates and exemptions vary in different countries, so a formula is used to create the so-called "harmonised VAT base", upon which the EU charge is levied. The starting point for calculations is the total VAT raised in a ...