Eurostat: In the first quarter of Latvia, there was a small EU-wide budget surplus



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In the first quarter of this year, Latvia had a moderate budget surplus compared to the gross domestic product (GDP) of the EU member states, whose budgets were in surplus, according to the latest data published by the bureau Eurostat statistics, Friday. 22 Member States of the EU.

According to them, the surplus of our national budget in January-March was 1.5% of GDP. The same budget surplus was recorded in Slovenia and Latvia

The largest budget surplus was recorded in Malta and the Netherlands (2.5% of GDP in both countries), Bulgaria and Germany (2 , 4% of GDP) and the Czech Republic. 7%) and Hungary (1.6%)

Austria recorded a smaller budget surplus (0.7%), Lithuania (0.6%), Finland (0.4%) and ) and Sweden (0.4%).

The deficit in the first quarter was in Romania (-4.2%), France (-2.5%), Lithuania (-1.9%), Estonia (-1.3%), Slovakia (1.1%), Denmark (-1.1%), Luxembourg (-1%), Poland (-0.9%), Portugal (-0.5%) and Belgium (- 0.3%)

in the EU Member States, for which data are on average 0.5% deficit, while in the euro area countries, there was on average a deficit 0.1%.

No data is available for Greece, Croatia, Italy, Ireland, Cyprus and Spain. [ad_2]
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