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Cash surplus/deficit (% of GDP) for the European Union (GCBALCASHGDZSEUU)

Observation:

2014: -10.79208  
Updated: Sep 27, 2018

Units:

Percent of GDP,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
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NOTES

Source: World Bank  

Release: World Development Indicators  

Units:  Percent of GDP, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

Nations that are included in this data series are listed at https://datahelpdesk.worldbank.org/knowledgebase/articles/906519

Source Indicator: GC.BAL.CASH.GD.ZS

Suggested Citation:

World Bank, Cash surplus/deficit (% of GDP) for the European Union [GCBALCASHGDZSEUU], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GCBALCASHGDZSEUU, October 15, 2018.

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