Name the largest budget deficit country, Macroeconomics

Name the largest budget deficit country

In 2009 Greece was eurozone country with largest budget deficit (about 16.0% of GDP), while Finland was the country with the smallest budget deficit (about 2.5% of GDP). The difference as a percentage of GDP was 13.5%.

A significant aspect of the data is that no eurozone country managed to run a budget surplus in 2009 (all were in deficit), while in 2007 (last year of the long boom which had begun in 1990s), four countries enjoyed surpluses. These were Germany, Ireland, Spain and Finland, with Finland's surplus being the largest at around 5.5% of GDP.

 

Posted Date: 8/3/2013 1:25:54 AM | Location : United States







Related Discussions:- Name the largest budget deficit country, Assignment Help, Ask Question on Name the largest budget deficit country, Get Answer, Expert's Help, Name the largest budget deficit country Discussions

Write discussion on Name the largest budget deficit country
Your posts are moderated
Related Questions
Positive and normative economics -introductiion Economic theory or analysis evolves from basic propositions about how individual human beings (or individual economic units) beh

PREPARE AN ESSAY ON THE CONCEPT OF MAXIMIZATION AND THE ASSUMPTIONS ASSOCIATED WITH THE BEHAVIOR OF THE ECONOMIC MAN

What is the different between price effect and sales effect? Both relate to Elasticity and Total Revenue: a. A price effect: After a price raise, all unit sold sells at a hi

HOW TO GET THE REVENUES AND EXPENDITURES AS A PERCENT OF GDP?

How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?


Which of the following is a reason why the aggregate demand curve slopes downward? a. At a higher price level, fewer goods and services are available. b. Periods when the price lev

Q. Show the components of GDP? The circular flow - simple version We have defined GDP, gross domestic product, as the market value of all finished service and goods produced

impact of change in government expenditure and tax on fiscal policy

The Russell 2000 is a market index for small cap stocks - What do these changes in P/E ratios over last year tell you about current valuation in small caps and the different market