EU Budget Revenue, Expenditure and Balance
Quarterly general government revenue, expenditure, and fiscal balance in the European sector, expressed as a percentage of GDP and seasonally adjusted.
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | Q1-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Budget balance (net lending/net borrowing)28 | ||||||||||||||
| Euro area | -3.1 | -3.2 | -3.1 | -2.8 | -2.8 | -3.3 | -2.8 | -3 | -3 | -4 | -3.5 | -3.2 | -3.2 | |
| European Union | -3.1 | -3.4 | -3.2 | -2.9 | -2.9 | -3.4 | -3 | -3.1 | -3 | -3.9 | -3.4 | -3.2 | -3.1 | |
| Germany | -3.6 | -4.2 | -2.7 | -2 | -2.1 | -2.3 | -2.6 | -2.7 | -3.1 | -2.9 | -2.3 | -2.2 | -2.6 | |
| France | -5.1 | -4.3 | -5.4 | -5.5 | -5.2 | -6.2 | -5.9 | -5.4 | -5.5 | -5.7 | -5.5 | -5.1 | -5.2 | |
| Spain | -1.9 | -2.2 | -2.1 | -2.4 | -2.9 | -3.7 | -3.3 | -3 | -2.8 | -2.7 | -3.7 | -4.2 | -2.8 | |
| Netherlands | -1.9 | -2 | -1.3 | -1.4 | -1.6 | -1.9 | -0.5 | -0.2 | -0.2 | 0.3 | -1.1 | -0.2 | -0.5 | |
| Belgium | -4.8 | -5.7 | -5.4 | -4.9 | -4.7 | -5.1 | -4.3 | -4.6 | -3.4 | -4.2 | -3.5 | -3.9 | -4.9 | |
| Ireland | 2.4 | 2.6 | 1.3 | 1.6 | 1.8 | 0.7 | 12.3 | 2.4 | 1.2 | 1.4 | 1.2 | 1.3 | 2.1 | |
| Austria | -3.5 | -3.7 | -4.4 | -4 | -4.7 | -5.6 | -5.6 | -4.1 | -3.3 | -2.5 | -3.6 | -2.1 | -2.1 | |
| Finland | -3.2 | -4.3 | -4 | -4 | -3 | -4.5 | -4.6 | -4.8 | -3.4 | -3.2 | -2.8 | -3.6 | -1.8 | |
| Portugal | 0.3 | 0.6 | -0.4 | 1.4 | 1.1 | -1.2 | 1.3 | 1.1 | 1.5 | -1.7 | 2.8 | 0.9 | 2.6 | |
| Greece | 1.2 | 1.1 | 1.7 | 1.6 | 2.5 | 2.4 | 1.6 | 1.3 | 0.1 | -0.7 | -0.7 | -1.9 | -2.5 | |
| Slovakia | -3.4 | -7.2 | -4.1 | -3 | -3.5 | -8.3 | -4.5 | -4.7 | -3.9 | -7.5 | -4.3 | -4.2 | -5.2 | |
| Bulgaria | -7.6 | -2.5 | -3.6 | -5.4 | -3.1 | 0.3 | -6.5 | -3.2 | -3.8 | 1.5 | -4.5 | -4 | -1.8 | |
| Luxembourg | -2.6 | -3.2 | -2.2 | -1.7 | -0.1 | 0.7 | 0.2 | 1.4 | 1.6 | -1.2 | 0.4 | -0.2 | -1.2 | |
| Croatia | -3.4 | -3.4 | -2.7 | -3.2 | -2.7 | -2.3 | -2.8 | -3.3 | -1.7 | -3.2 | -0.6 | 0.1 | -0.8 | |
| Lithuania | -0.9 | -1.7 | -1.6 | -2.6 | -1.7 | -1 | -2.2 | -1 | -0.8 | -0.3 | 0 | -0.6 | -1.7 | |
| Slovenia | -2.9 | -3.6 | -1.3 | -2.9 | -2.3 | 0.3 | -1.9 | -1.8 | -0.2 | -2.6 | -2.5 | -2.2 | -3 | |
| Latvia | -1.9 | -2.4 | -3.5 | -2 | -2.2 | -2.4 | -2.3 | 1.6 | -4.4 | -2.7 | -3.4 | -1.3 | -2.5 | |
| Estonia | -1.2 | -1.3 | -1.8 | -3.1 | -2 | 0.4 | -1.7 | -2.2 | -1.8 | -4.5 | -3.1 | -0.6 | -2.3 | |
| Cyprus | 4.4 | 4 | 2.8 | 1.9 | 5 | 4 | 4.8 | 3.2 | 4.6 | 1.9 | 5 | 0.7 | -1 | |
| Malta | -3.6 | -3.1 | -1.7 | -3.9 | -0.1 | -9.9 | -1.6 | -0.9 | -1.2 | -8.3 | -3.1 | -2.4 | -3.8 | |
| Poland | -5.9 | -7.8 | -7 | -7.1 | -6.7 | -7.1 | -6.7 | -6 | -5.1 | -5.7 | -5.5 | -4.4 | -3 | |
| Sweden | -1.2 | -2.1 | -1.2 | -0.9 | -0.9 | -1.2 | -2.6 | -1.3 | -1.3 | -0.8 | -1.2 | -0.8 | -0.7 | |
| Romania | -3.6 | -7.5 | -6.9 | -8.2 | -9 | -9.6 | -9.6 | -7.8 | -9.8 | -5.2 | -6.9 | -7.6 | -7 | |
| Czechia | -2.3 | -2.2 | -2.1 | -2.1 | -2.2 | -1.7 | -2.4 | -2.3 | -1.8 | -3.9 | -3.2 | -3.4 | -4.5 | |
| Denmark | 2 | 2 | 2.8 | 4 | 3.6 | 3.1 | 3.7 | 5 | 4.8 | 3.9 | 4 | 3.5 | 3.2 | |
| Hungary | -6.6 | -5.2 | -5.3 | -3.8 | -4.4 | -4.5 | -5.1 | -6 | -4.9 | -6.1 | -5.9 | -7.1 | -9 | |
| Total revenue28 | ||||||||||||||
| Euro area | 47.1 | 47.3 | 47 | 46.8 | 46.6 | 46.5 | 46.8 | 46.3 | 45.8 | 46.1 | 45.8 | 45.6 | 45.6 | |
| European Union | 46.6 | 46.7 | 46.5 | 46.4 | 46.1 | 46 | 46.3 | 46 | 45.5 | 45.9 | 45.5 | 45.3 | 45.1 | |
| Germany | 47.4 | 47.5 | 48 | 48 | 47.5 | 47.5 | 47.1 | 46.5 | 45.8 | 45.7 | 46 | 45.6 | 45.2 | |
| France | 52.1 | 52.8 | 51.9 | 51.9 | 52.1 | 51 | 50.9 | 51.6 | 51.2 | 50.7 | 50.9 | 51.4 | 52.4 | |
| Spain | 43.6 | 42.8 | 43.6 | 43.2 | 42.3 | 42.8 | 42.4 | 42.1 | 41.7 | 42.6 | 42.1 | 41.8 | 41.7 | |
| Netherlands | 43.7 | 43.5 | 44 | 43.3 | 43.6 | 43.1 | 44.2 | 44.9 | 43.3 | 44.1 | 43.1 | 44 | 43.2 | |
| Belgium | 49.3 | 49.1 | 48.9 | 49.1 | 49 | 49.6 | 49.5 | 49.6 | 50.1 | 49.2 | 49.3 | 49 | 47.5 | |
| Ireland | 27.1 | 26.5 | 24.3 | 23.4 | 22.2 | 22.5 | 34.4 | 25 | 24.3 | 24.8 | 23.6 | 22.9 | 23.8 | |
| Austria | 51.5 | 51.3 | 50.7 | 50.9 | 50.4 | 50.8 | 50.8 | 50.6 | 50.5 | 50.9 | 49.8 | 49.5 | 48.6 | |
| Finland | 53.5 | 53.2 | 53.6 | 53.6 | 54.3 | 53.3 | 53.3 | 53.3 | 53.8 | 53.9 | 53.3 | 52.4 | 52.6 | |
| Portugal | 43.3 | 43.5 | 42.9 | 43.6 | 43.4 | 42.8 | 43 | 43.3 | 42.9 | 43.6 | 43.7 | 42.6 | 42.8 | |
| Greece | 50.3 | 49.9 | 50.2 | 50 | 50.2 | 50.5 | 49.6 | 49.3 | 48.7 | 47.8 | 48.2 | 47.7 | 49.2 | |
| Slovakia | 42.9 | 44.6 | 42.6 | 44.2 | 42.6 | 43.1 | 42.2 | 41.6 | 41.4 | 45.8 | 43.8 | 41.3 | 41.2 | |
| Bulgaria | 34.4 | 39.5 | 37.1 | 38.8 | 36.4 | 38.4 | 34.7 | 35.8 | 34.9 | 39.4 | 35.2 | 35.6 | 36.3 | |
| Luxembourg | 48.3 | 47.2 | 46.9 | 47.4 | 47.1 | 49.6 | 47.7 | 47.9 | 46.6 | 46.4 | 45.3 | 44.6 | 45.6 | |
| Croatia | 47.7 | 47 | 47.7 | 46.2 | 47.1 | 47.4 | 47 | 44.9 | 44.6 | 46.4 | 44.3 | 46.5 | 44.5 | |
| Lithuania | 41.9 | 39.4 | 39.4 | 39.6 | 38.7 | 38.6 | 38.4 | 37.8 | 38.2 | 38.1 | 36.4 | 36.2 | 35.3 | |
| Slovenia | 48.3 | 47.4 | 47.4 | 46.2 | 47 | 46.7 | 45.6 | 45.3 | 45.7 | 44.9 | 44.6 | 43.5 | 43.1 | |
| Latvia | 44.2 | 43.5 | 42.9 | 44 | 44.1 | 43.5 | 43.5 | 46.6 | 40.1 | 41.2 | 41.2 | 42.3 | 39.5 | |
| Estonia | 44 | 43.6 | 43.8 | 43.1 | 43 | 44.6 | 42.3 | 41.7 | 41.9 | 40.3 | 40.6 | 41 | 39.6 | |
| Cyprus | 44.1 | 44.3 | 43.1 | 44.2 | 43.1 | 42.3 | 42.9 | 43.2 | 41.3 | 41.7 | 42 | 40.8 | 45 | |
| Malta | 34.8 | 35.3 | 34.7 | 33.4 | 35.8 | 34.4 | 34.6 | 33.8 | 32.3 | 30.7 | 31 | 32.2 | 31.5 | |
| Poland | 44.4 | 43.4 | 44.3 | 43.5 | 43 | 43 | 42.6 | 43.2 | 43 | 43.2 | 42.7 | 41.5 | 39.2 | |
| Sweden | 48 | 47.8 | 47.9 | 47.7 | 47.8 | 48.4 | 48.4 | 48.6 | 48.2 | 49.4 | 48.6 | 49.5 | 48.9 | |
| Romania | 36.3 | 35.5 | 35.2 | 35.8 | 34.5 | 33.7 | 34.1 | 34.4 | 33.5 | 36.7 | 33.3 | 34.1 | 32.4 | |
| Czechia | 40.8 | 40.7 | 41 | 41.2 | 40.9 | 41.3 | 40.9 | 41.2 | 41.2 | 40.8 | 40.7 | 39.9 | 39.4 | |
| Denmark | 49.5 | 49.7 | 49.9 | 51 | 50.2 | 48.9 | 50 | 52 | 51.4 | 52.2 | 52.7 | 51 | 48.8 | |
| Hungary | 42.7 | 42.5 | 42 | 44 | 41.9 | 40.5 | 42.1 | 42.9 | 43.1 | 42.4 | 42.4 | 43.4 | 42.5 | |
| Total expenditure28 | ||||||||||||||
| Euro area | 50.2 | 50.4 | 50.1 | 49.6 | 49.4 | 49.8 | 49.6 | 49.4 | 48.8 | 50.1 | 49.3 | 48.8 | 48.8 | |
| European Union | 49.8 | 50.1 | 49.7 | 49.3 | 49 | 49.4 | 49.3 | 49 | 48.5 | 49.8 | 49 | 48.5 | 48.2 | |
| Germany | 51.1 | 51.7 | 50.7 | 50 | 49.6 | 49.8 | 49.7 | 49.2 | 48.9 | 48.6 | 48.3 | 47.8 | 47.8 | |
| France | 57.3 | 57.1 | 57.3 | 57.4 | 57.2 | 57.2 | 56.8 | 57.1 | 56.7 | 56.4 | 56.4 | 56.4 | 57.6 | |
| Spain | 45.6 | 45 | 45.6 | 45.6 | 45.2 | 46.5 | 45.8 | 45.1 | 44.5 | 45.3 | 45.8 | 46 | 44.5 | |
| Netherlands | 45.6 | 45.5 | 45.3 | 44.7 | 45.2 | 45 | 44.8 | 45 | 43.5 | 43.8 | 44.2 | 44.2 | 43.7 | |
| Belgium | 54 | 54.8 | 54.4 | 53.9 | 53.7 | 54.7 | 53.8 | 54.3 | 53.5 | 53.3 | 52.8 | 52.8 | 52.4 | |
| Ireland | 24.7 | 23.9 | 23 | 21.8 | 20.4 | 21.8 | 22 | 22.6 | 23.2 | 23.4 | 22.3 | 21.6 | 21.7 | |
| Austria | 55 | 54.9 | 55.1 | 54.8 | 55.1 | 56.4 | 56.4 | 54.7 | 53.8 | 53.4 | 53.3 | 51.6 | 50.7 | |
| Finland | 56.8 | 57.5 | 57.7 | 57.6 | 57.3 | 57.8 | 57.9 | 58.1 | 57.2 | 57.1 | 56.1 | 56 | 54.4 | |
| Portugal | 43 | 42.8 | 43.3 | 42.3 | 42.3 | 44 | 41.8 | 42.3 | 41.5 | 45.3 | 40.9 | 41.7 | 40.2 | |
| Greece | 49.1 | 48.8 | 48.6 | 48.4 | 47.7 | 48.2 | 48 | 48 | 48.7 | 48.5 | 48.9 | 49.7 | 51.6 | |
| Slovakia | 46.3 | 51.7 | 46.6 | 47.2 | 46.1 | 51.4 | 46.8 | 46.2 | 45.2 | 53.2 | 48.1 | 45.5 | 46.4 | |
| Bulgaria | 42 | 42 | 40.7 | 44.2 | 39.5 | 38.1 | 41.2 | 39 | 38.7 | 37.9 | 39.7 | 39.6 | 38.1 | |
| Luxembourg | 51.3 | 49.5 | 49.5 | 49.2 | 47.3 | 48.6 | 47.7 | 47.2 | 44.3 | 47.2 | 45 | 44.6 | 47.4 | |
| Croatia | 51.2 | 49.9 | 50.2 | 50 | 50 | 49.6 | 49.5 | 48.3 | 46.2 | 49.4 | 44.8 | 46.2 | 45.4 | |
| Lithuania | 42.8 | 41.1 | 41 | 42.2 | 40.4 | 39.6 | 40.6 | 38.8 | 39 | 38.4 | 36.4 | 36.9 | 37 | |
| Slovenia | 50.7 | 50.9 | 49.3 | 48.9 | 48.8 | 46 | 48.1 | 46.9 | 45.1 | 46.8 | 47.3 | 45.4 | 46 | |
| Latvia | 46.2 | 45.8 | 46.4 | 46 | 46.3 | 45.9 | 45.8 | 45 | 44.4 | 43.9 | 44.6 | 43.5 | 42 | |
| Estonia | 45.3 | 44.9 | 45.6 | 46.2 | 45 | 44.2 | 44 | 43.9 | 43.7 | 44.8 | 43.7 | 41.6 | 41.9 | |
| Cyprus | 40 | 40.1 | 40.8 | 41.6 | 38.4 | 38.1 | 39 | 39 | 37.1 | 38.9 | 37.7 | 38.3 | 48 | |
| Malta | 38.4 | 38.4 | 36.5 | 37.3 | 35.9 | 44.3 | 36.2 | 34.7 | 33.5 | 39 | 34.1 | 34.6 | 35.3 | |
| Poland | 50.4 | 51.2 | 51.3 | 50.6 | 49.7 | 50.1 | 49.3 | 49.2 | 48.1 | 48.9 | 48.3 | 45.8 | 42.3 | |
| Sweden | 49.2 | 49.8 | 49.1 | 48.6 | 48.7 | 49.6 | 51 | 49.9 | 49.5 | 50.2 | 49.7 | 50.3 | 49.6 | |
| Romania | 39.9 | 43 | 42.1 | 44 | 43.5 | 43.4 | 43.7 | 42.2 | 43.2 | 42 | 40.1 | 41.8 | 39.4 | |
| Czechia | 43.1 | 42.9 | 43.2 | 43.2 | 43.1 | 43 | 43.3 | 43.4 | 43 | 44.7 | 43.8 | 43.3 | 43.9 | |
| Denmark | 47.4 | 47.7 | 47.1 | 47 | 46.7 | 45.8 | 46.3 | 47 | 46.6 | 48.3 | 48.7 | 47.5 | 45.6 | |
| Hungary | 49 | 48.1 | 47.4 | 46.7 | 46.7 | 45.9 | 46.9 | 47.6 | 48.5 | 48.8 | 49 | 50.2 | 50.8 |
Latest reading
Euro area stood at −3.1% in Q1 2026. That is +0.1 pp from Q4 2025 and −0.3 pp from a year earlier. The series on this page is quarterly and runs from Q1 2002 to Q1 2026. Source: Eurostat.
- Latest
- −3.1%
- Q1 2026
- vs previous period
- +0.1 pp
- Q4 2025
- vs a year earlier
- −0.3 pp
About this data
Quarterly general government revenue, expenditure, and fiscal balance in the European sector, expressed as a percentage of GDP and seasonally adjusted. The balance is indicator B9 (net lending or net borrowing) of the non-financial accounts. The Maastricht reference threshold for the deficit is 3% of GDP; EU fiscal rules were temporarily suspended during the pandemic and reinstated under a new framework starting in 2024. Because all three series are calculated as a percentage of GDP, the balance is always approximately equal to revenue minus expenditure—this serves as an arithmetic check for the table. Source: Eurostat.
