This table includes additional information to the above visualized indicators, i.e. a short definition of this indicator and a description of the politically determined target values as well as explaining the political intention behind selecting this indicator.
The indicators 8.2.a and 8.2.b show the financial balance of general government (deficit or surplus) and the structural financial balance as a percentage of gross domestic product (GDP) at current prices. The public financial balance is calculated as government revenue minus government expenditure, measured on a national accounts basis. The annual structural balance refers to the part of the financial balance that is not attributable to cyclical fluctuations and temporary effects. A negative financial balance is known as a deficit; a positive as a surplus.
|Target and intention||
Sound public finances are an essential element of a sustainable fiscal policy. A policy that relies too heavily on borrowing to fund current public expenditure and then passes this debt on to future generations is simply not sustainable.
The data published in the indicator report 2022 is as of 31 October 2022. The data shown on this platform is updated regularly, so that more current data may be available online than published in the indicator report 2022.