Germany: Fiscal balance, percent of GDP
, 1991 - 2020:
For that indicator, we provide data for Germany from 1991 to 2020. The average value for Germany during that period was -1.9 percent with a minimum of -9.43 percent in 1995 and a maximum of 1.84 percent in 2018.
The latest value from 2020 is -4.19 percent. For comparison, the world average in 2020 based on 134
countries is -7.25 percent.
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global rankings for that indicator or
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country comparator to compare trends over time.
Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
