Government budget balance reached 5.80 in 2018 in Greece, according to the National Statistical Office. This is 32 % less than in the previous year.
Historically, government budget balance in Greece reached an all time high of 10.2 in 2016 and an all time low of -36.4 in 2009. When compared to Greece's main peers, government budget balance in Bulgaria amounted to -0.917 and -174 in Turkey in 2018.
Greece has been ranked 10th within the group of 84 countries we follow in terms of government budget balance, 75 places above the position seen 10 years ago.
A government budget deficit is the amount by which government revenues fall short of government spending (the opposite being a budget surplus).