Fiscal Balance in Greece
The fiscal balance in Greece averaged -3.9% of GDP in the decade up to 2022, above the Euro Area's average of -2.7% of GDP. The fiscal balance in Greece was -2.4% of GDP in 2022. For more fiscal balance information, visit our dedicated page.
Greece Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Greece from 2014 to 2023.
Source: Macrobond.
Greece Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | 0.8 | -9.6 | -6.9 | -2.5 | -1.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Greek fiscal balance projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Greek fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Greek fiscal balance projections.
Want to get access to the full dataset of Greek fiscal balance forecasts? Send an email to info@focus-economics.com.