Cash surplus/deficit as a proportion of GDP in Southern Europe
Southern Europe: Cash surplus/deficit as a proportion of GDP was -41.9% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Southern Europe, 2004–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for cash surplus/deficit as a proportion of gdp in Southern Europe is -41.9%, measured in 2023.
That represents a change of up 2.9% on the previous year and up 0.0% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Southern Europe peaked at -35.4% in 2007 and was at its lowest, -46.7%, in 2020.
Southern Europe ranks 27th of 27 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Cash surplus/deficit as a proportion of GDP in Southern Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | -35.8% | — |
| 2005 | -35.4% | -1.0% |
| 2006 | -35.5% | +0.3% |
| 2007 | -35.4% | -0.5% |
| 2008 | -36.8% | +4.1% |
| 2009 | -40.3% | +9.6% |
| 2010 | -39.4% | -2.4% |
| 2011 | -39.0% | -0.9% |
| 2012 | -42.3% | +8.3% |
| 2013 | -41.9% | -0.9% |
| 2014 | -41.0% | -2.2% |
| 2015 | -40.2% | -1.9% |
| 2016 | -39.6% | -1.6% |
| 2017 | -39.0% | -1.5% |
| 2018 | -38.7% | -0.6% |
| 2019 | -38.7% | -0.2% |
| 2020 | -46.7% | +20.9% |
| 2021 | -45.3% | -3.2% |
| 2022 | -43.1% | -4.8% |
| 2023 | -41.9% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -36.5% | -40.3% | -35.4% | 6 |
| 2010s | -40.0% | -42.3% | -38.7% | 10 |
| 2020s | -44.2% | -46.7% | -41.9% | 4 |
Countries ranked near Southern Europe
More economy & growth data for Southern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 7.33 million (2027)
- Gross Domestic Product — Value US$ 5.03 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 890,910 million USD (2024)
- Gross Domestic Product — Value US$ per capita 33,234 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 27,640 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 4.18 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.14 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.1 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.32 % (2024)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Southern Europe?
- Cash surplus/deficit as a proportion of gdp in Southern Europe was -41.9% 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 Southern Europe?
- The highest recorded value was -35.4% in 2007.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Southern Europe?
- The lowest recorded value was -46.7% in 2020.
- How does Southern Europe rank for cash surplus/deficit as a proportion of gdp?
- Southern Europe ranks 27th out of 27 groups with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Southern Europe?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is falling.
- Where does this Southern 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 — 20 observations, free to reuse under UN SDG Global Database (open, attribution requested).