Greece’s primary surplus reaches 4.3% of GDP or €7.9 billion in 2018

The primary surplus was at 4.3% of GDP or 7.9 billion euros, for 2018, according to the data the Hellenic Statistical Authority sent to Eurostat.

The government aims for 2018 to be the last year of surplus over-production, and any amount of budget space this year beyond the officially agreed target with the institutions is to be distributed to the citizens. The target for this year is to lower the surplus at 3.5%.

Based on the same data, the gross consolidated general government debt at year-end 2018 is estimated at a nominal value of 334.7 billion euros (181.2% of GDP), from 317,484 billion euros (176.2% of GDP) in 2017, while the GDP came to 184,714 billion euros from 180,218 billion euros in 2017.

General government expenditure in 2018, came to 86,746 billion euros, while the revenue came to 88,572 billion euros.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Akasapis


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