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Eurozone government budget balance by country

Government budget balance across the euro area (2025) ranges from 3.4% in Cyprus down to −5.2% in Belgium, against a euro-area average of −2.9%.

12-mo trend
🇨🇾Cyprus3.4%4.1% 0.7 9.0
🇮🇪Ireland1.8%4.1% 2.3 6.8
🇬🇷Greece1.7%1.3% 0.4 11.6
🇵🇹Portugal0.7%0.6% 0.1 6.5
🇳🇱Netherlands−1.6%−0.7% 0.9 2.1
🇱🇹Lithuania−1.8%−1.3% 0.5 4.6
🇪🇪Estonia−2.0%−1.1% 0.9 3.4
🇱🇺Luxembourg−2.0%0.9% 2.9 1.1
🇲🇹Malta−2.2%−3.4% 1.2 6.5
🇪🇸Spain−2.4%−3.2% 0.8 7.5
🇱🇻Latvia−2.5%−1.8% 0.7 1.6
🇸🇮Slovenia−2.5%−0.9% 1.6 5.2
🇩🇪Germany−2.7%−2.7%0.0 1.7
🇭🇷Croatia−3.0%−2.3% 0.7 4.2
🇮🇹Italy−3.1%−3.4% 0.3 6.3
🇫🇮Finland−3.4%−4.4% 1.0 2.1
🇧🇬Bulgaria−3.5%−3.0% 0.5 0.3
🇦🇹Austria−4.2%−4.6% 0.4 4.0
🇸🇰Slovakia−4.5%−5.3% 0.8 0.8
🇫🇷France−5.1%−5.8% 0.7 3.8
🇧🇪Belgium−5.2%−4.4% 0.8 3.8
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See the euro-area aggregate →