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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]
France has the largest financial deficit of any state in the eurozone. Georgia has the lowest monthly minimum wage in Europe. Germany has the largest financial surplus of any country in Europe as well as the remainder of the world. Greece has the highest public debt (as a percentage of GDP) of any European state.
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.
The European Court of Auditors has signed off the EU accounts every year since 2007. In October 2018, the European Court of Auditors gave the EU annual accounts a clean bill of health [12] for the 11th year in a row, finding them true and fair. The Court has given, for a second year in a row, a qualified opinion on the 2017 payments.
The EU has a long-term budget, named Multiannual Financial Framework (MFF), of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. [50]The overall budget for the period 2021-2027 is of €1.8 trillion combining the MFF of €1,074.3 billion with an extraordinary recovery fund of €750 billion, known as Next Generation EU, to support member states hit by the ...
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
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 ]