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Spain

Fiscal Balance

-6.9
percent of GDP
Source: IMF

Global Ranking

139
Niger-6.6
140
Panama-6.66
141
Australia-6.7
142
Hungary-6.8
143
United Kingdom-6.83
144
Spain-6.9
145
Jordan-7
146
Romania-7.1
146
Pakistan-7.1
146
Sierra Leone-7.1
149
Colombia-7.15

Europe Ranking

35
Georgia-6
36
Slovakia-6.2
37
France-6.5
38
Hungary-6.8
39
United Kingdom-6.83
40
Spain-6.9
41
Romania-7.1
42
Italy-7.2
43
Latvia-7.3
44
Greece-7.4
45
Malta-8

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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