European Union Consolidated Fiscal Balance
1999 - 2023 | Yearly | USD mn | CEIC Data
Key information about EU Consolidated Fiscal Balance
- European Union Consolidated Fiscal Balance recorded a deficit equal to 649.148 USD bn in Dec 2023, compared with a deficit equal to 544.738 USD bn in the previous year.
- EU Consolidated Fiscal Balance data is updated yearly, available from Dec 1999 to Dec 2023, with an average ratio of -311.528 USD bn.
- The data reached an all-time high of -63.759 USD bn in Dec 2018 and a record low of -1,034.061 USD bn in Dec 2020.
CEIC converts annual Consolidated Fiscal Balance into USD. Consolidated Fiscal Balance is calculated as Revenue less Expenditure. Eurostat provides Consolidated Fiscal Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. European Union stands for EU27 excluding UK.
View European Union's Consolidated Fiscal Balance from 1999 to 2023 in the chart:
What was European Union's Consolidated Fiscal Balance in 2023?
European Union Consolidated Fiscal Balance recorded a deficit equal to 649.148 USD bn in Dec 2023, compared with a deficit equal to 544.738 USD bn in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -649,147.924 2023 | -544,737.707 2022 | -1,034,060.622 2020 | -63,758.944 2018 | USD mn | yearly | 1999 - 2023 |
Consolidated Fiscal Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 780.715 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
| Algeria (USD mn) | -5,868.518 2022 | yearly | 1997 - 2022 |
| Argentina (USD mn) | 356.617 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Armenia (USD mn) | -357.655 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Australia (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Austria (USD mn) | -4,733.947 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Azerbaijan (USD mn) | 1,775.353 Nov 2024 | monthly | Dec 2004 - Nov 2024 |
| Bahrain (USD mn) | -2,201.763 2023 | yearly | 1990 - 2023 |
| Bangladesh (USD mn) | -201.083 Sep 2024 | monthly | Jul 2008 - Sep 2024 |
| Belarus (USD mn) | 404.854 Sep 2021 | quarterly | Dec 2005 - Sep 2021 |
| Belgium (USD mn) | -28,081.402 2023 | yearly | 1970 - 2023 |
| Bolivia (USD mn) | -4,372.649 2023 | yearly | 1990 - 2023 |
| Bosnia and Herzegovina (%) | 2.755 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Botswana (USD mn) | -37.355 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Brazil (USD mn) | -12,125.509 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Brunei (USD mn) | -1,794.468 2023 | yearly | 2003 - 2023 |
| Bulgaria (%) | -3.834 Sep 2024 | quarterly | Sep 2003 - Sep 2024 |
| Cambodia (USD mn) | -52.271 Jul 2024 | monthly | Jan 2007 - Jul 2024 |
| Canada (USD mn) | -1,085.266 Oct 2024 | monthly | May 1992 - Oct 2024 |
| Chile (USD mn) | -7,629.972 2023 | yearly | 1990 - 2023 |
| China (USD mn) | -132,647.822 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Colombia (USD mn) | -21,992.937 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Croatia (USD mn) | -963.223 Dec 2019 | quarterly | Mar 2015 - Dec 2019 |
| Cyprus (USD mn) | -24.959 Nov 2024 | monthly | Jan 2014 - Nov 2024 |
| Czech Republic (USD mn) | -1,500.246 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Denmark (USD mn) | 3,083.691 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Ecuador (USD mn) | -868.114 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Egypt (USD mn) | -11,348.296 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Estonia (USD mn) | -37.473 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| European Union (USD mn) | -649,147.924 2023 | yearly | 1999 - 2023 |
| Finland (USD mn) | -6,239.718 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| France (USD mn) | -51,190.300 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
| Georgia (USD mn) | -57.471 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Germany (USD mn) | -34,993.189 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ghana (USD mn) | -305.529 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Greece (USD mn) | 2,932.536 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hong Kong SAR, China (USD mn) | 2,443.263 Nov 2024 | monthly | Oct 1998 - Nov 2024 |
| Hungary (USD mn) | -1,730.421 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Iceland (USD mn) | -269.054 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| India (USD mn) | 11,356.225 Nov 2024 | monthly | Apr 1997 - Nov 2024 |
| Indonesia (USD mn) | -6,617.156 Dec 2024 | monthly | Jan 2014 - Dec 2024 |
| Iran (USD mn) | -13,054.478 Mar 2020 | quarterly | Jun 2005 - Mar 2020 |
| Ireland (USD mn) | 4,026.316 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Israel (USD mn) | -3,285.191 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Italy (USD mn) | -13,670.674 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Ivory Coast (USD mn) | -4,144.453 2023 | yearly | 1960 - 2023 |
| Japan (USD mn) | -331,330.503 2023 | yearly | 1995 - 2023 |
| Jordan (USD mn) | 418.759 2018 | yearly | 1999 - 2018 |
| Kazakhstan (USD mn) | 3,107.694 Aug 2024 | monthly | Nov 2007 - Aug 2024 |
| Kenya (%) | -2.047 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
| South Korea (USD mn) | 1,637.253 Nov 2024 | monthly | Jul 1999 - Nov 2024 |
| Kosovo (USD mn) | 49.040 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Kuwait (USD mn) | -5,077.511 2023 | yearly | 1988 - 2023 |
| Kyrgyzstan (USD mn) | 118.040 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Laos (USD mn) | 96.753 2023 | yearly | 2010 - 2023 |
| Latvia (USD mn) | 330.230 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Lebanon (USD mn) | 405.307 Dec 2021 | monthly | Jan 1998 - Dec 2021 |
| Lithuania (USD mn) | -144.952 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Luxembourg (%) | -0.696 2023 | yearly | 1995 - 2023 |
| Macau SAR, China (%) | 7.297 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| North Macedonia (USD mn) | -685.568 2023 | yearly | 2009 - 2023 |
| Malawi (USD mn) | -121.768 Oct 2024 | monthly | Oct 2005 - Oct 2024 |
| Malaysia (USD mn) | -23,593.390 2023 | yearly | 1970 - 2023 |
| Malta (USD mn) | 59.396 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mauritius (%) | -6.322 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Mexico (USD mn) | -5,419.932 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
| Moldova (USD mn) | -857.246 2023 | yearly | 1998 - 2023 |
| Mongolia (USD mn) | -44.052 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Montenegro (USD mn) | -79.309 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Morocco (USD mn) | -4,585.161 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Mozambique (USD mn) | 388.757 Dec 2016 | quarterly | Mar 2002 - Dec 2016 |
| Myanmar (USD mn) | -5,489.382 2021 | yearly | 1980 - 2021 |
| Nepal (USD mn) | -741.821 Sep 2024 | quarterly | Mar 2017 - Sep 2024 |
| Netherlands (USD mn) | 5,295.575 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| New Zealand (USD mn) | 5,246.112 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Nigeria (USD mn) | -3,274.101 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Norway (USD mn) | 14,124.789 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Oman (USD mn) | 114.434 Oct 2024 | monthly | Jun 2003 - Oct 2024 |
| Pakistan (USD mn) | -13,794.405 2024 | yearly | 1991 - 2024 |
| Palestinian Territory (USD mn) | -619.800 2020 | yearly | 2010 - 2020 |
| Panama (USD mn) | -2,462.500 2023 | yearly | 2003 - 2023 |
| Paraguay (USD mn) | -232.584 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Peru (USD mn) | -4,505.626 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Philippines (USD mn) | -3,628.488 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
| Poland (USD mn) | -42,804.298 2023 | yearly | 1995 - 2023 |
| Portugal (USD mn) | 4,773.494 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Qatar (USD mn) | 705.220 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Romania (%) | -7.516 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Russia (USD mn) | 4,265.595 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Saudi Arabia (USD mn) | -30,666.667 2024 | yearly | 1969 - 2024 |
| Serbia (USD mn) | -581.849 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Singapore (USD mn) | 4,178.323 Nov 2024 | monthly | Apr 2011 - Nov 2024 |
| Slovakia (USD mn) | -789.561 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Slovenia (USD mn) | 65.839 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| South Africa (USD mn) | -248.859 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Spain (USD mn) | 10,239.818 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Sri Lanka (%) | -5.559 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Sudan (USD mn) | -196.813 2021 | yearly | 2001 - 2021 |
| Sweden (USD mn) | -3,650.675 2023 | yearly | 1995 - 2023 |
| Switzerland (USD mn) | 4,837.034 2024 | yearly | 1990 - 2024 |
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Learn more about what we doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M1 (USD mn) | 11,124,594.865 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Money Supply M2 (USD mn) | 16,390,045.400 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| M2 Growth (%) | 3.3 Nov 2024 | monthly | Jan 1981 - Nov 2024 |
| Reserve Requirement Ratio (%) | 1.0 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 299,167.8 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.814 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.2 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Total Deposits (USD mn) | 16,775,729.751 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Deposits Growth (%) | 3.6 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Domestic Credit (USD mn) | 26,115,235.4 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Domestic Credit Growth (%) | -1.4 Aug 2024 | monthly | Sep 1998 - Aug 2024 |
| Household Debt (USD mn) | 7,238,421.1 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans (USD mn) | 20,145,595.171 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans Growth (%) | 2.22 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 78.62 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,730.129 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,547.639 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,593.452 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,564.952 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,681.871 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,540.007 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,391.727 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 283.850 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
| MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,143.328 Oct 2024 | monthly | Sep 1997 - Oct 2024 |
| MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
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