Cash surplus/deficit as a proportion of GDP in Europe and Northern America
Europe and Northern America: Cash surplus/deficit as a proportion of GDP was -31.1% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Europe and Northern America, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Europe and Northern America recorded -31.1% for cash surplus/deficit as a proportion of gdp in 2023.
The figure is up 0.9% on the previous year and down 3.7% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Europe and Northern America peaked at -26.3% in 2000 and was at its lowest, -36.9%, in 2020.
That places Europe and Northern America 21st out of 27 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Cash surplus/deficit as a proportion of GDP in Europe and Northern America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -26.3% | — |
| 2001 | -27.1% | +3.1% |
| 2002 | -27.6% | +1.9% |
| 2003 | -28.0% | +1.7% |
| 2004 | -27.6% | -1.5% |
| 2005 | -27.7% | +0.1% |
| 2006 | -27.3% | -1.2% |
| 2007 | -27.4% | +0.3% |
| 2008 | -28.7% | +4.7% |
| 2009 | -31.9% | +11.1% |
| 2010 | -32.0% | +0.4% |
| 2011 | -30.8% | -3.7% |
| 2012 | -30.6% | -0.7% |
| 2013 | -29.9% | -2.1% |
| 2014 | -29.7% | -0.9% |
| 2015 | -29.4% | -0.7% |
| 2016 | -29.3% | -0.6% |
| 2017 | -29.0% | -1.0% |
| 2018 | -28.8% | -0.8% |
| 2019 | -28.9% | +0.4% |
| 2020 | -36.9% | +27.7% |
| 2021 | -35.3% | -4.2% |
| 2022 | -31.3% | -11.3% |
| 2023 | -31.1% | -0.9% |
Biggest year-on-year movements
Years where Cash surplus/deficit as a proportion of GDP in Europe and Northern America changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -27.7% | -28.9% | -36.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -28.0% | -31.9% | -26.3% | 10 |
| 2010s | -29.8% | -32.0% | -28.8% | 10 |
| 2020s | -33.7% | -36.9% | -31.1% | 4 |
Countries ranked near Europe and Northern America
More economy & growth data for Europe and Northern America
- Foreign direct investment (FDI) inflows 533,759 (2024)
- Annual growth rate of real GDP per employed person 1.9% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 11.5% (2025)
- Manufacturing value added (current United States dollars) as a 11.3% (2024)
- Annual growth rate of real GDP per capita 1.9% (2024)
- Merchandise trade as a proportion of GDP 41.4% (2024)
- Annual GDP growth 2.1% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.0% (2024)
- Annual growth of exports of goods and services 1.4% (2024)
- Annual growth of imports of goods and services 2.1% (2024)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Europe and Northern America?
- Cash surplus/deficit as a proportion of gdp in Europe and Northern America was -31.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Europe and Northern America?
- The highest recorded value was -26.3% in 2000.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Europe and Northern America?
- The lowest recorded value was -36.9% in 2020.
- How does Europe and Northern America rank for cash surplus/deficit as a proportion of gdp?
- Europe and Northern America ranks 21st out of 27 groups with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Europe and Northern America?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is falling.
- Where does this Europe and Northern America data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).