Cash surplus/deficit as a proportion of GDP in Northern Europe
Northern Europe: Cash surplus/deficit as a proportion of GDP was -40.0% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Northern 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 Northern Europe is -40.0%, measured in 2023.
The figure is down 9.0% on the previous year and down 3.9% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Northern Europe peaked at -33.7% in 2000 and was at its lowest, -43.6%, in 2020.
Northern Europe ranks 26th 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 Northern Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -33.7% | — |
| 2001 | -33.7% | +0.1% |
| 2002 | -35.2% | +4.3% |
| 2003 | -35.8% | +2.0% |
| 2004 | -35.8% | -0.2% |
| 2005 | -35.8% | -0.0% |
| 2006 | -35.6% | -0.6% |
| 2007 | -35.8% | +0.6% |
| 2008 | -37.8% | +5.7% |
| 2009 | -41.1% | +8.6% |
| 2010 | -42.1% | +2.5% |
| 2011 | -40.1% | -4.6% |
| 2012 | -40.4% | +0.7% |
| 2013 | -38.5% | -4.8% |
| 2014 | -37.9% | -1.6% |
| 2015 | -37.1% | -2.2% |
| 2016 | -36.3% | -2.2% |
| 2017 | -35.7% | -1.4% |
| 2018 | -35.7% | +0.0% |
| 2019 | -35.2% | -1.4% |
| 2020 | -43.6% | +23.8% |
| 2021 | -39.4% | -9.6% |
| 2022 | -36.7% | -7.0% |
| 2023 | -40.0% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -36.0% | -41.1% | -33.7% | 10 |
| 2010s | -37.9% | -42.1% | -35.2% | 10 |
| 2020s | -39.9% | -43.6% | -36.7% | 4 |
Countries ranked near Northern Europe
More economy & growth data for Northern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 6.84 million (2027)
- Gross Domestic Product — Value US$ 6.26 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.18 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 57,638 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 51,132 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.56 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.15 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.5 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.37 % (2024)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Northern Europe?
- Cash surplus/deficit as a proportion of gdp in Northern Europe was -40.0% 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 Northern Europe?
- The highest recorded value was -33.7% in 2000.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Northern Europe?
- The lowest recorded value was -43.6% in 2020.
- How does Northern Europe rank for cash surplus/deficit as a proportion of gdp?
- Northern Europe ranks 26th out of 27 groups with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Northern Europe?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
- Where does this Northern 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).