Cash surplus/deficit as a proportion of GDP in Europe
Europe: Cash surplus/deficit as a proportion of GDP was -39.7% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Europe, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for cash surplus/deficit as a proportion of gdp in Europe is -39.7%, measured in 2023.
That represents a change of down 4.9% on the previous year and down 7.2% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Europe peaked at -34.0% in 2007 and was at its lowest, -41.6%, in 2020.
Europe ranks 25th of 27 groups on this measure, 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, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -34.7% | — |
| 2001 | -34.8% | +0.5% |
| 2002 | -35.4% | +1.6% |
| 2003 | -35.8% | +1.1% |
| 2004 | -34.7% | -2.9% |
| 2005 | -34.5% | -0.7% |
| 2006 | -34.0% | -1.3% |
| 2007 | -34.0% | -0.2% |
| 2008 | -34.8% | +2.4% |
| 2009 | -38.4% | +10.5% |
| 2010 | -38.2% | -0.5% |
| 2011 | -36.6% | -4.3% |
| 2012 | -37.4% | +2.3% |
| 2013 | -37.1% | -1.0% |
| 2014 | -36.8% | -0.7% |
| 2015 | -36.5% | -0.8% |
| 2016 | -36.1% | -1.1% |
| 2017 | -35.8% | -0.9% |
| 2018 | -35.3% | -1.3% |
| 2019 | -35.1% | -0.4% |
| 2020 | -41.6% | +18.3% |
| 2021 | -39.5% | -5.1% |
| 2022 | -37.9% | -4.1% |
| 2023 | -39.7% | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -35.1% | -38.4% | -34.0% | 10 |
| 2010s | -36.5% | -38.2% | -35.1% | 10 |
| 2020s | -39.7% | -41.6% | -37.9% | 4 |
Countries ranked near Europe
More economy & growth data for Europe
- Gross Domestic Product — Value US$ 27.06 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.85 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 22.10 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 29,680 USD (2024)
- Gross Domestic Product — Value US$ per capita 36,332 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.68 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.04 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.98 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.92 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.5895 % (2024)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Europe?
- Cash surplus/deficit as a proportion of gdp in Europe was -39.7% 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?
- The highest recorded value was -34.0% in 2007.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Europe?
- The lowest recorded value was -41.6% in 2020.
- How does Europe rank for cash surplus/deficit as a proportion of gdp?
- Europe ranks 25th out of 27 groups with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Europe?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is falling.
- Where does this Europe 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).