Fiscal Balances and Public Indebteness

Annex Table 25.
General government total outlays

Per cent of nominal GDP
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Australia
Austria
Belgium
Canada
Czech Republic
35.8
56.2
52.1
47.5
53.0
35.2
56.1
52.4
45.7
41.7
34.4
53.4
51.2
43.3
42.6
33.7
53.7
50.4
43.7
43.0
33.5
53.5
50.1
42.1
42.2
33.9
51.9
49.1
40.3
41.6
34.5
51.3
49.1
41.0
43.9
33.8
50.7
49.8
40.2
45.6
33.3
51.3
51.0
40.2
50.0
33.8
53.9
49.2
38.8
43.3
33.3
50.0
51.9
38.3
43.0
33.0
49.2
48.5
38.5
41.9
33.0
48.7
48.2
38.4
41.0
33.9
49.5
49.8
39.0
41.1
36.6
52.7
53.7
43.4
44.7
36.3
52.5
52.5
43.0
43.7
35.3
50.5
53.3
41.8
43.0
35.1
51.8
53.7
41.2
43.4
33.8
51.6
54.0
41.0
43.1
33.5
51.1
54.0
40.6
42.3
Denmark
Estonia
Finland
France
Germany
Greece
59.3
41.3
61.6
54.4
54.8
45.8
58.9
39.5
60.1
54.5
49.0
44.1
56.7
37.4
56.6
54.2
48.2
44.9
56.3
39.2
53.0
52.7
48.0
44.3
55.5
40.1
51.8
52.6
48.3
44.5
53.7
36.1
48.4
51.6
45.1
46.7
54.2
34.8
48.0
51.6
47.5
45.4
54.6
35.8
49.0
52.8
47.9
45.1
55.1
34.8
50.3
53.4
48.4
44.7
54.6
34.0
50.3
53.3
47.2
45.5
52.8
33.6
50.4
53.6
47.0
44.6
51.6
33.6
49.2
52.9
45.3
45.3
50.8
34.0
47.4
52.6
43.4
47.5
51.5
39.7
49.3
53.3
44.1
50.6
58.1
45.5
56.2
56.8
48.2
54.0
57.7
40.7
55.8
56.6
47.8
51.5
57.6
38.3
54.8
56.1
45.4
51.8
59.5
38.8
55.9
56.2
45.0
50.4
57.8
37.6
56.3
56.2
45.3
48.9
57.3
36.7
56.1
55.6
45.2
48.2
Hungary
Iceland
Ireland
Israel
Italy
55.8
42.7
41.0
..
52.2
51.5
42.2
39.4
..
52.2
50.5
40.7
36.9
..
49.9
51.7
41.3
34.8
54.7
49.0
49.5
42.0
34.3
53.5
47.9
47.8
41.9
31.2
51.6
45.8
47.8
42.6
33.2
53.9
47.7
51.5
44.3
33.5
55.3
47.1
49.7
45.6
33.2
54.0
48.0
49.1
44.0
33.6
50.8
47.6
50.1
42.2
33.8
49.4
47.9
52.2
41.6
34.4
47.8
48.4
50.7
42.3
36.8
46.5
47.6
49.2
57.6
43.0
46.0
48.6
51.4
51.0
48.7
45.8
51.9
49.8
51.6
66.1
45.1
50.4
49.6
47.2
48.1
44.6
49.9
48.8
43.7
43.0
44.4
51.0
48.7
42.1
42.7
45.2
51.5
48.3
40.7
40.6
45.0
51.7
Japan
Korea
Luxembourg
Netherlands
New Zealand
35.6
20.4
39.7
56.3
41.9
36.3
21.2
41.1
49.4
40.8
35.2
21.8
40.7
47.5
41.7
42.0
24.1
41.0
46.6
40.6
38.0
23.2
39.2
46.0
40.2
38.6
22.4
37.6
44.1
38.3
38.0
23.9
38.1
45.3
37.8
38.2
23.6
41.5
46.1
37.0
37.8
28.9
41.8
47.0
37.5
36.6
26.1
42.6
46.1
37.1
36.4
26.6
41.5
44.8
38.3
36.0
27.7
38.6
45.5
39.5
35.8
28.7
36.3
45.2
39.5
36.9
30.4
39.1
46.2
41.7
41.9
33.1
44.6
51.4
43.0
40.8
30.1
42.9
51.2
42.9
42.7
31.2
42.0
49.8
47.1
43.4
31.3
42.8
50.4
43.5
42.8
31.5
42.6
50.1
42.9
41.5
31.3
42.6
49.8
41.4
Norway
Poland
Portugal
Slovak Republic
Slovenia
50.9
47.7
41.9
48.6
52.3
48.5
51.1
42.4
53.7
44.2
46.8
46.6
41.6
48.9
44.5
49.1
44.5
41.4
45.8
45.4
47.7
42.9
41.5
48.1
46.2
42.3
41.1
41.6
52.1
46.5
44.1
43.7
43.2
44.5
47.3
47.1
44.3
43.1
45.1
46.2
48.2
44.7
44.7
40.1
46.2
45.1
42.6
45.4
37.7
45.7
41.8
43.5
46.6
38.0
45.3
40.0
43.9
45.2
36.5
44.6
40.3
42.2
44.4
34.2
42.4
39.8
43.2
44.8
34.9
44.3
46.7
44.7
49.8
41.5
49.1
45.5
45.5
51.3
40.0
50.3
44.5
43.7
49.4
38.2
50.7
43.4
43.2
47.4
37.4
49.4
43.1
42.9
47.1
36.9
48.8
42.4
42.8
45.3
36.6
47.9
Spain
Sweden
Switzerland
United Kingdom
United States1
44.5
64.9
34.8
43.5
37.1
43.2
62.9
35.2
41.8
36.6
41.7
60.7
35.3
40.4
35.4
41.1
58.8
35.4
39.3
34.6
39.9
58.1
34.7
38.8
34.2
39.2
55.1
35.6
36.6
33.9
38.7
54.5
34.8
39.9
35.0
38.9
55.6
36.9
41.1
35.9
38.4
55.7
36.3
42.4
36.3
38.9
54.2
35.9
43.1
36.0
38.4
53.9
35.2
43.7
36.3
38.4
52.7
33.2
44.0
36.1
39.2
51.0
32.1
43.7
36.9
41.5
51.7
32.1
47.6
39.1
46.3
54.9
34.1
50.8
42.8
46.3
52.5
33.8
50.2
42.5
45.2
51.3
33.8
48.6
41.6
44.0
51.3
34.1
49.0
40.2
42.2
51.0
34.1
47.5
39.3
41.7
50.2
33.7
46.4
38.3
Euro area
Total OECD
53.0
42.6
50.5
41.5
49.2
40.3
48.5
40.7
48.1
39.7
46.2
38.7
47.2
39.7
47.5
40.3
48.0
39.9
47.5
39.3
47.4
39.3
46.7
39.0
46.0
39.1
47.2
41.0
51.3
44.5
51.0
44.0
49.5
43.2
49.5
42.6
49.4
41.9
49.1
41.1
Note: Data refer to the general government sector, which is a consolidation of accounts for the central, state and local governments plus social security.
1. These data include outlays net of operating surpluses of public enterprises.
Source: OECD Economic Outlook 92 database.
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of
any territory, city or area.
70.0
Annex Table 26. General government total tax and non-tax receipts
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Australia
Austria
Belgium
Canada
Czech Republic
33.5
50.4
47.6
42.3
40.2
34.0
51.9
48.4
42.9
38.5
34.4
51.5
48.9
43.5
39.0
35.7
51.3
49.4
43.8
38.1
36.1
51.0
49.5
43.4
38.6
35.3
50.1
49.0
43.2
38.0
34.5
51.1
49.5
41.6
38.3
35.2
49.8
49.6
40.2
39.1
35.3
49.6
50.9
40.1
43.3
35.5
49.3
48.9
39.7
40.4
35.3
48.2
49.2
39.8
39.7
35.3
47.5
48.8
40.1
39.6
34.7
47.7
48.1
39.8
40.3
33.1
48.5
48.8
38.6
38.9
32.0
48.6
48.1
38.6
38.9
31.6
48.0
48.6
37.6
39.0
31.3
48.0
49.4
37.5
39.8
32.3
48.7
50.9
37.7
40.0
33.8
49.0
51.8
37.9
39.8
34.0
49.0
52.3
38.1
39.5
Denmark
Estonia
Finland
France
Germany
Greece
56.4
42.4
55.4
48.9
45.3
36.7
56.9
39.1
56.7
50.5
45.7
37.4
56.1
39.6
55.3
50.9
45.4
39.0
56.2
38.5
54.6
50.1
45.7
40.5
56.8
36.7
53.5
50.8
46.7
41.4
55.8
35.9
55.4
50.1
46.2
43.0
55.4
34.7
53.1
50.0
44.5
40.9
54.8
36.0
53.2
49.6
44.0
40.3
55.0
36.5
52.8
49.3
44.2
39.0
56.4
35.6
52.5
49.7
43.4
38.1
57.8
35.2
53.1
50.7
43.6
39.0
56.6
36.1
53.3
50.6
43.7
39.2
55.6
36.4
52.8
49.8
43.7
40.7
54.8
36.7
53.6
50.0
44.1
40.7
55.3
43.5
53.4
49.2
45.2
38.3
55.0
40.8
53.0
49.5
43.6
40.6
55.7
39.4
53.9
50.9
44.6
42.3
55.5
37.8
54.6
51.7
44.9
43.6
55.6
37.3
55.2
52.8
44.9
43.3
55.5
36.9
55.7
52.7
44.6
43.7
Hungary
Iceland
Ireland
Israel
Italy
47.1
39.8
38.8
..
44.7
46.9
40.6
39.2
..
45.2
44.3
40.7
38.2
..
47.2
43.6
40.9
36.9
47.2
46.0
44.0
43.2
36.8
47.3
45.9
44.7
43.6
36.0
47.6
44.9
43.7
41.9
34.1
47.5
44.5
42.5
41.7
33.2
47.4
44.0
42.4
42.8
33.6
45.8
44.4
42.6
44.0
35.0
44.6
44.0
42.2
47.1
35.5
44.3
43.4
42.7
48.0
37.3
45.1
45.0
45.6
47.7
36.9
44.9
46.0
45.5
44.1
35.7
42.0
45.9
46.9
41.1
34.7
39.1
46.5
45.4
41.5
35.2
40.3
46.1
53.9
41.8
34.8
40.2
46.1
45.8
41.9
34.9
39.7
48.1
46.0
41.7
35.2
41.1
48.6
45.7
41.4
35.3
41.0
48.3
Japan
Korea
Luxembourg
Netherlands
New Zealand
31.0
23.9
42.1
47.1
44.4
31.3
24.4
42.3
47.5
43.3
31.4
24.8
44.3
46.2
42.6
31.0
25.5
44.4
45.8
40.5
30.9
25.5
42.6
46.4
40.0
31.1
27.9
43.6
46.1
40.0
32.0
28.3
44.3
45.0
39.3
30.5
28.7
43.6
44.0
40.6
30.1
29.4
42.3
43.9
41.3
30.6
28.8
41.5
44.4
41.2
31.6
30.0
41.5
44.5
43.0
34.7
31.7
40.0
46.0
44.8
33.7
33.3
40.0
45.4
44.0
35.1
33.4
42.3
46.7
42.2
33.1
31.9
43.9
45.8
40.4
32.4
31.4
42.0
46.1
39.1
33.4
31.7
41.6
45.4
39.3
33.5
32.2
40.7
46.6
39.2
32.6
33.1
40.9
47.1
39.3
33.6
33.0
41.7
47.3
39.3
Norway
Poland
Portugal
Slovak Republic
Slovenia
54.2
43.3
36.5
45.2
44.0
54.8
46.2
37.6
43.8
43.0
54.5
41.9
37.9
42.6
42.2
52.4
40.2
37.6
40.5
43.0
53.7
40.6
38.4
40.7
43.1
57.7
38.1
38.3
39.9
42.8
57.4
38.5
38.3
38.0
43.4
56.3
39.3
39.6
36.8
43.8
55.5
38.5
40.9
37.4
43.6
56.2
37.2
41.4
35.3
43.5
56.8
39.4
40.1
35.2
43.8
58.3
40.3
40.6
33.3
43.2
57.6
40.3
41.1
32.4
42.4
58.6
39.6
41.1
32.8
42.4
57.4
37.3
39.6
33.5
43.1
56.7
37.6
41.4
32.3
44.5
58.2
38.6
45.0
33.2
44.3
58.6
39.7
42.2
32.8
45.1
59.1
39.9
42.2
34.0
45.2
59.2
40.5
42.4
34.2
44.9
Spain
Sweden
Switzerland
United Kingdom
United States1
37.3
57.6
33.0
37.8
33.8
37.7
59.6
33.6
37.7
34.3
37.6
59.0
32.7
38.1
34.6
38.1
59.7
33.9
39.2
34.9
38.7
58.9
34.1
39.7
34.9
38.2
58.7
35.2
40.3
35.4
38.1
56.1
34.5
40.5
34.4
38.7
54.1
34.7
39.1
31.9
38.0
54.4
34.3
38.7
31.3
38.8
54.6
33.8
39.6
31.6
39.7
55.8
34.1
40.4
33.1
40.7
54.9
33.8
41.3
33.9
41.1
54.5
33.1
41.0
34.0
37.0
53.9
34.0
42.7
32.6
35.1
54.0
34.9
39.9
30.9
36.6
52.4
34.0
40.1
31.3
35.7
51.5
34.3
40.3
31.4
36.0
51.0
34.9
42.4
31.7
35.9
50.3
34.7
40.6
32.5
35.8
50.0
34.1
40.4
33.1
Euro area
Total OECD
45.5
37.8
46.2
38.3
46.4
38.4
46.1
38.6
46.6
38.7
46.0
38.8
45.2
38.3
44.8
37.0
44.8
36.0
44.6
36.1
44.8
36.9
45.3
37.9
45.3
37.8
45.1
37.6
44.9
36.4
44.8
36.3
45.4
36.7
46.2
37.0
46.6
37.3
46.5
37.5
Note: Data refer to the general government sector, which is a consolidation of accounts for central, state and local governments plus social security.
1. Excludes the operating surpluses of public enterprises.
Annex Table 27. General government financial balances

Surplus (+) or deficit (-) as a per cent of nominal GDP
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
-2.4
-5.9
-4.5
-5.2
-1.2
-4.2
-4.0
-2.7
0.0
-1.9
-2.3
0.2
1.9
-2.5
-1.0
0.1
2.6
-2.4
-0.7
1.6
1.4
-1.8
-0.1
2.9
0.1
-0.2
0.4
0.6
1.3
-0.9
-0.2
-0.1
2.0
-1.7
-0.2
-0.1
1.8
-4.6
-0.2
0.8
2.0
-1.8
-2.6
1.5
2.3
-1.7
0.3
1.6
1.8
-1.0
-0.1
1.4
-0.8
-1.0
-1.1
-0.4
-4.5
-4.1
-5.6
-4.8
-4.7
-4.5
-3.9
-5.4
-4.0
-2.5
-3.9
-4.3
-2.8
-3.1
-2.8
-3.5
0.0
-2.7
-2.3
-3.0
0.5
-2.1
-1.7
-2.5
-12.8
-2.9
1.1
-6.1
-3.1
-2.0
-0.4
-3.4
-3.6
-0.6
2.2
-1.3
-4.8
-0.1
-0.7
1.7
-3.6
1.3
-3.5
1.7
-3.6
2.2
-0.2
7.0
-5.6
1.2
-0.1
5.1
-6.5
0.3
0.3
4.2
-6.7
-0.1
1.7
2.5
-2.8
1.9
1.6
2.3
-3.2
5.0
1.6
2.7
-2.4
5.0
2.5
4.1
-0.7
4.8
2.4
5.3
-2.2
3.3
-2.9
4.3
-5.8
-2.8
-2.0
-2.7
-4.8
-2.7
0.2
-2.8
-3.2
-2.0
1.2
-0.9
-3.3
-4.1
-1.0
-1.4
-3.3
-2.1
-0.3
-1.0
-2.7
-1.7
0.2
-0.4
France
Germany
Greece
Hungary
-5.5
-9.5
-9.1
-8.8
-4.0
-3.3
-6.6
-4.6
-3.3
-2.7
-5.9
-6.1
-2.6
-2.3
-3.8
-8.0
-1.8
-1.6
-3.1
-5.5
-1.5
1.1
-3.7
-3.1
-1.7
-3.1
-4.4
-4.1
-3.3
-3.8
-4.8
-9.0
-4.1
-4.1
-5.7
-7.3
-3.6
-3.8
-7.4
-6.5
-3.0
-3.3
-5.6
-7.9
-2.4
-1.7
-6.0
-9.5
-2.7
0.2
-6.8
-5.1
-3.3
-0.1
-9.9
-3.7
-7.6
-3.1
-15.6
-4.5
-7.1
-4.2
-10.8
-4.5
-5.2
-0.8
-9.5
4.3
-4.5
-0.2
-6.9
-3.0
-3.4
-0.4
-5.6
-2.7
-2.9
-0.7
-4.6
-2.7
Iceland
Ireland
Israel
Italy
-3.0
-2.2
..
-7.4
-1.6
-0.3
..
-7.0
0.0
1.3
..
-2.7
-0.4
2.1
-7.5
-2.9
1.1
2.5
-6.3
-2.0
1.7
4.8
-4.0
-0.9
-0.7
1.0
-6.4
-3.2
-2.6
-0.3
-7.9
-3.2
-2.8
0.4
-8.2
-3.6
0.0
1.4
-6.2
-3.6
4.9
1.7
-5.1
-4.5
6.3
2.9
-2.7
-3.4
5.4
0.1
-1.6
-1.6
-13.5
-7.4
-4.0
-2.7
-10.0
-13.9
-6.7
-5.4
-10.1
-30.9
-4.8
-4.3
-5.4
-13.3
-4.4
-3.8
-1.8
-8.1
-4.7
-3.0
-0.4
-7.5
-4.1
-2.9
0.7
-5.3
-4.0
-3.4
Japan
Korea
Luxembourg
Netherlands
-4.6
3.5
2.4
-9.2
-4.9
3.2
1.2
-1.9
-3.8
3.0
3.7
-1.2
-11.0
1.3
3.4
-0.9
-7.1
2.4
3.4
0.4
-7.4
5.4
6.0
2.0
-6.0
4.3
6.1
-0.3
-7.7
5.1
2.1
-2.1
-7.7
0.5
0.5
-3.2
-5.9
2.7
-1.1
-1.8
-4.8
3.4
0.0
-0.3
-1.3
3.9
1.4
0.5
-2.1
4.7
3.7
0.2
-1.9
3.0
3.2
0.5
-8.8
-1.1
-0.8
-5.6
-8.4
1.3
-0.8
-5.0
-9.3
0.5
-0.3
-4.4
-9.9
0.9
-2.0
-3.8
-10.1
1.6
-1.7
-3.0
-7.9
1.7
-0.9
-2.5
New Zealand
Norway
Poland
Portugal
2.5
3.2
-4.4
-5.4
2.5
6.3
-4.9
-4.8
0.9
7.6
-4.6
-3.7
0.0
3.3
-4.3
-3.9
-0.2
6.0
-2.3
-3.1
1.8
15.4
-3.0
-3.3
1.5
13.3
-5.3
-4.8
3.6
9.2
-5.0
-3.4
3.8
7.4
-6.2
-3.7
4.1
11.1
-5.4
-4.0
4.7
15.0
-4.1
-6.5
5.3
18.3
-3.6
-4.6
4.5
17.3
-1.9
-3.2
0.4
18.8
-3.7
-3.7
-2.6
10.6
-7.4
-10.2
-3.8
11.2
-7.9
-9.8
-7.9
13.7
-5.0
-4.4
-4.3
15.2
-3.5
-5.2
-3.6
16.0
-2.9
-4.9
-2.1
16.8
-2.3
-2.9
Slovak Republic
Slovenia
Spain
Sweden
-3.4
-8.3
-7.2
-7.3
-9.9
-1.1
-5.5
-3.3
-6.3
-2.3
-4.0
-1.6
-5.3
-2.4
-3.0
0.9
-7.4
-3.0
-1.2
0.8
-12.3
-3.7
-1.0
3.6
-6.5
-4.0
-0.5
1.6
-8.2
-2.4
-0.2
-1.5
-2.8
-2.7
-0.4
-1.3
-2.4
-2.3
-0.1
0.4
-2.8
-1.5
1.3
1.9
-3.2
-1.4
2.4
2.2
-1.8
0.0
1.9
3.6
-2.1
-1.9
-4.5
2.2
-8.0
-6.0
-11.2
-1.0
-7.7
-5.7
-9.7
0.0
-4.9
-6.4
-9.4
0.2
-4.6
-4.3
-8.1
-0.3
-2.9
-3.6
-6.3
-0.8
-2.4
-3.0
-5.9
-0.2
Switzerland
United Kingdom
United States
-1.7
-5.8
-3.3
-1.7
-4.1
-2.3
-2.6
-2.2
-0.9
-1.6
-0.1
0.3
-0.6
0.9
0.7
-0.4
3.7
1.5
-0.4
0.6
-0.6
-2.3
-2.0
-4.0
-2.0
-3.7
-5.0
-2.1
-3.6
-4.4
-1.1
-3.3
-3.3
0.5
-2.7
-2.2
1.0
-2.8
-2.9
2.0
-5.0
-6.6
0.8
-10.9
-11.9
0.3
-10.1
-11.4
0.5
-8.3
-10.2
0.7
-6.6
-8.5
0.5
-6.9
-6.8
0.4
-6.0
-5.2
Euro area
-7.5
-4.3
-2.8
-2.4
-1.5
-0.1
Total OECD
-4.8
-3.3
-1.9
-2.1
-0.9
0.1
Memorandum items
General government financial balances excluding social security
United States
-4.1
-3.2
-1.9
-0.9
-0.7
-0.1
Japan
-6.5
-6.7
-5.6 -12.3
-8.2
-8.0
-2.0
-1.4
-2.7
-3.3
-3.2
-3.9
-2.9
-3.2
-2.6
-2.4
-1.4
-1.2
-0.7
-1.3
-2.1
-3.4
-6.3
-8.2
-6.2
-7.7
-4.1
-6.5
-3.3
-5.5
-2.8
-4.6
-2.6
-3.6
-2.2
-6.2
-5.5
-7.5
-6.3
-7.8
-5.8
-6.4
-4.6
-5.2
-3.6
-1.4
-4.3
-1.9
-7.8
-1.3
-12.8
-7.6
-11.9
-7.5
-11.0
-8.5
-9.3
-8.9
-7.5
-9.0
-5.9
-7.9
Australia
Austria
Belgium
Canada
Czech Republic
Denmark
Estonia
Finland
Note: Financial balances include one-off factors, such as those resulting from the sale of the mobile telephone licenses. As data are on a national accounts basis (SNA93/ESA95), the government
financial balances may differ from the numbers reported to the European Commission under the Excessive Deficit Procedure for some EU countries. For more details, see OECD Economic
Outlook Sources and Methods (http://www.oecd.org/eco/sources-and-methods).
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any
territory, city or area.
Annex Table 28. General government cyclically-adjusted balances

Surplus (+) or deficit (-) as a per cent of potential GDP
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Australia
Austria
Belgium
Canada
-1.9
-5.3
-3.7
-4.8
-0.7
-3.4
-2.8
-1.8
0.5
-1.2
-1.8
0.9
2.0
-2.2
-0.3
0.5
2.4
-3.0
-0.8
0.6
1.2
-3.1
-1.2
1.4
0.1
-1.2
-0.2
-0.7
1.2
-1.5
-0.2
-0.5
1.7
-1.8
0.3
-0.3
1.3
-4.5
-0.4
0.4
1.5
-1.8
-2.8
0.9
2.0
-2.3
-0.3
0.8
1.1
-2.3
-1.5
0.6
-1.3
-2.4
-2.3
-1.0
-4.3
-3.5
-4.7
-3.8
-4.3
-3.4
-3.5
-4.8
-3.4
-1.9
-4.0
-4.0
-2.3
-2.2
-2.1
-3.3
0.6
-1.2
-1.1
-2.9
1.2
-0.5
-0.5
-2.5
Czech Republic
Denmark
Estonia
Finland
..
-2.6
..
-3.5
..
-2.2
..
-1.1
..
-1.5
..
-0.5
..
-1.2
..
1.7
-2.6
0.1
..
1.5
-3.1
0.2
..
6.3
-4.9
-0.6
..
4.7
-5.2
-0.9
0.9
4.3
-5.3
-0.5
1.8
3.0
-1.9
1.4
1.5
2.2
-3.3
3.9
0.4
2.3
-3.7
3.0
-0.2
2.8
-3.0
2.3
-1.3
2.9
-4.5
1.3
-4.7
2.1
-5.4
-1.5
1.9
-1.0
-4.6
-0.4
3.1
-1.9
-3.2
0.0
1.9
-0.9
-2.3
-1.9
-0.6
-1.2
-1.9
-0.2
-0.3
-0.7
-1.5
-0.1
0.0
-0.3
France
Germany
Greece
Hungary
-4.8
-9.2
-8.2
..
-3.1
-2.7
-5.7
-3.0
-2.5
-2.1
-5.2
-4.6
-2.3
-1.8
-3.2
-6.9
-2.1
-1.5
-2.4
-4.4
-2.6
0.6
-3.3
-2.2
-2.9
-3.8
-4.1
-3.4
-4.2
-4.0
-4.3
-8.7
-4.5
-3.5
-6.1
-7.3
-4.1
-2.9
-8.4
-7.3
-3.6
-2.2
-6.5
-9.4
-3.4
-1.5
-8.5
-11.9
-4.3
-0.5
-10.1
-7.0
-4.5
-0.8
-12.6
-5.3
-6.6
-1.4
-16.5
-3.3
-5.8
-3.3
-9.3
-3.0
-4.1
-0.8
-4.9
5.0
-3.0
-0.2
0.0
-1.5
-1.2
0.0
2.5
-0.9
-0.4
-0.2
3.9
-0.9
Iceland
Ireland
Israel
Italy
Japan
-0.9
0.8
..
-7.2
-4.7
-0.2
1.5
..
-6.8
-5.3
0.6
1.5
..
-2.8
-4.2
-0.6
1.2
-7.6
-3.1
-10.3
0.6
0.3
-6.0
-2.1
-6.0
1.0
1.5
-5.4
-2.0
-6.5
-1.5
-2.4
-6.5
-4.7
-5.1
-2.5
-3.4
-6.4
-4.3
-6.6
-2.4
-2.2
-5.8
-4.2
-6.8
-0.7
-0.9
-4.5
-4.1
-5.7
3.0
-0.9
-4.1
-5.2
-4.8
4.2
0.1
-2.5
-4.7
-1.6
2.9
-3.3
-2.2
-3.4
-2.9
-16.3
-8.8
-4.8
-3.7
-2.3
-9.1
-11.5
-6.6
-3.6
-7.3
-6.6
-25.7
-5.3
-2.5
-7.6
-2.1
-9.4
-5.3
-2.2
-8.3
0.7
-4.4
-5.3
-0.2
-9.1
1.6
-3.9
-4.3
0.9
-9.4
2.2
-2.3
-4.3
0.5
-7.0
Korea
Luxembourg
Netherlands
New Zealand
3.2
..
-8.2
2.2
2.7
2.5
-1.2
2.2
2.7
4.7
-0.9
0.9
2.7
3.9
-1.1
0.7
3.2
3.0
-0.3
0.0
5.5
4.3
0.7
1.8
4.4
4.8
-1.8
1.8
4.9
1.2
-2.7
3.6
0.4
0.6
-2.7
3.3
2.7
-0.7
-0.9
3.3
3.4
-0.1
0.5
3.9
3.7
0.7
0.5
4.7
4.2
2.0
-0.9
3.5
2.8
1.7
-1.1
0.3
-0.5
-0.3
-5.8
-2.0
1.4
-0.3
-4.2
-3.2
0.5
0.0
-3.8
-6.9
1.2
-1.4
-2.5
-3.4
2.1
-0.6
-0.9
-2.9
2.0
0.2
-0.2
-1.8
Norway1
Poland
Portugal
Slovenia
-1.6
..
-4.9
..
-1.3
..
-4.7
..
-0.8
-5.4
-4.1
..
-1.9
-4.6
-5.2
..
-0.6
-2.6
-4.7
..
1.0
-3.4
-5.4
..
0.4
-4.9
-6.7
-3.3
-1.4
-4.0
-4.6
-2.0
-2.7
-5.4
-3.8
-1.9
-1.2
-5.1
-4.1
-1.9
-0.4
-3.5
-6.3
-1.5
0.9
-3.5
-4.6
-2.6
2.1
-2.3
-3.8
-3.0
1.0
-4.2
-3.9
-5.5
-0.7
-7.2
-8.7
-5.5
0.0
-7.9
-8.7
-5.3
0.5
-5.4
-2.8
-6.0
0.8
-3.5
-2.0
-2.8
1.5
-2.4
-0.8
-1.0
2.4
-1.5
0.9
-0.5
Spain
Sweden
Switzerland
United Kingdom
United States
-6.6
-5.8
-1.2
-5.4
-2.6
-4.9
-1.4
-0.9
-3.8
-1.8
-3.7
0.0
-2.0
-2.2
-0.9
-3.2
1.7
-1.4
-0.2
-0.1
-1.9
0.8
-0.5
1.0
-0.2
-2.2
2.8
-0.9
3.5
0.3
-1.8
1.3
-0.9
0.5
-1.4
-1.1
-1.6
-2.2
-1.9
-4.3
-0.9
-1.2
-1.3
-3.9
-5.2
-0.6
0.0
-1.5
-4.1
-5.0
0.5
1.2
-0.7
-4.0
-4.1
1.2
0.5
0.4
-3.8
-3.2
0.3
1.5
0.3
-4.6
-3.9
-5.5
1.4
1.2
-6.2
-6.8
-9.6
1.7
1.1
-9.9
-10.2
-6.9
0.9
0.5
-9.1
-9.6
-6.2
0.3
0.6
-7.5
-8.5
-3.9
0.3
1.2
-5.6
-7.0
-1.2
0.2
1.3
-5.7
-5.4
-0.4
0.5
1.1
-4.9
-4.1
Euro area
Total OECD
-7.0
-4.3
-3.6
-2.9
-2.4
-1.8
-2.2
-2.1
-1.7
-1.2
-1.1
-0.7
-3.1
-2.1
-3.3
-3.5
-3.2
-4.1
-2.9
-3.7
-2.6
-3.1
-2.1
-2.2
-2.1
-2.6
-3.3
-4.2
-5.1
-7.2
-4.8
-6.8
-3.0
-5.7
-1.6
-4.7
-0.4
-3.6
-0.1
-2.6
Note: For more details on the methodology used for estimating the cyclical component of government balances, see OECD Economic Outlook Sources and Methods
(http://www.oecd.org/eco/sources-and-methods).
1. As a percentage of mainland potential GDP. The financial balances shown are adjusted to exclude net revenues from petroleum activities.
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or a
Annex Table 29. General government underlying balances

1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Australia
Austria
Belgium
Canada
-1.9
-5.5
-3.8
-4.8
-0.8
-3.5
-2.9
-1.9
0.3
-1.2
-1.7
0.6
1.7
-1.8
-0.2
0.3
2.2
-2.9
-0.7
0.7
0.9
-3.3
-1.1
1.5
0.3
-0.8
-0.4
-0.7
1.4
-1.5
-0.3
-0.5
1.5
-1.8
-1.0
-0.3
1.4
-0.9
-0.7
0.5
1.6
-1.8
-0.6
1.0
2.1
-2.4
-0.6
0.9
1.2
-2.1
-1.5
0.6
-1.2
-2.4
-2.4
-1.1
-4.0
-3.4
-4.3
-3.8
-3.8
-2.9
-3.6
-4.7
-3.2
-2.0
-3.9
-4.0
-2.3
-1.6
-2.1
-3.3
0.6
-1.0
-1.2
-2.9
1.2
-0.5
-0.6
-2.5
Czech Republic
Denmark
Estonia
Finland
..
-2.7
..
-1.9
..
-2.3
..
-0.8
..
-1.5
..
-1.2
..
-1.1
..
1.2
-3.1
0.1
..
1.6
-4.8
0.3
..
6.1
-4.1
-0.7
..
4.7
-4.1
-1.0
0.9
4.3
-7.8
-0.4
1.7
2.9
-2.6
1.2
1.2
2.2
-4.5
3.9
0.2
2.4
-4.3
2.8
-0.5
2.8
-3.4
2.2
-1.0
2.9
-4.3
1.6
-3.6
2.1
-6.2
-1.5
-1.3
-0.9
-4.9
-0.5
-0.5
-1.9
-3.5
-0.1
0.0
-0.8
-2.4
-0.7
0.6
-1.2
-1.9
-0.2
-0.3
-0.7
-1.5
-0.1
0.0
-0.3
France
Germany
Greece
Hungary
-4.4
-2.6
-8.7
..
-3.3
-2.7
-6.8
-3.3
-3.0
-2.2
-4.9
-4.2
-2.4
-1.8
-3.0
-4.9
-2.0
-1.6
-1.5
-4.9
-2.8
-2.0
-4.2
-2.4
-2.9
-3.7
-4.1
-3.5
-4.2
-3.9
-4.3
-7.3
-4.7
-3.4
-6.4
-7.6
-4.2
-2.9
-8.1
-8.0
-4.2
-2.1
-7.1
-9.8
-3.5
-1.6
-9.3
-11.8
-4.3
-0.7
-10.6
-6.4
-4.4
-0.8
-12.3
-4.7
-6.5
-1.2
-15.3
-3.2
-5.8
-2.1
-9.1
-5.0
-4.2
-0.8
-4.9
-5.1
-3.1
-0.2
-0.4
-2.7
-1.2
0.0
2.0
-1.2
-0.5
-0.2
3.4
-0.9
Iceland
Ireland
Israel
Italy
Japan
-1.1
1.0
..
-6.6
-4.7
0.0
1.4
..
-6.6
-5.1
0.7
1.1
..
-3.5
-4.5
-0.9
0.8
-7.9
-3.3
-4.8
0.4
1.5
-5.9
-2.1
-5.9
0.9
1.1
-5.6
-3.3
-5.9
-1.3
-2.4
-6.6
-4.3
-5.4
-2.6
-3.7
-6.4
-4.1
-6.4
-2.2
-2.3
-6.1
-5.2
-6.2
-0.6
-0.9
-4.5
-4.7
-6.4
3.0
-0.9
-4.1
-5.1
-4.7
4.2
-0.1
-2.5
-3.6
-3.2
2.9
-3.5
-2.2
-3.3
-3.1
-2.6
-7.7
-4.6
-3.8
-3.3
-8.5
-8.7
-6.2
-4.0
-7.4
-3.0
-6.9
-5.4
-2.9
-7.8
-1.0
-5.2
-5.5
-3.0
-8.3
0.5
-3.7
-5.3
-0.8
-8.8
1.3
-3.1
-4.3
0.3
-8.6
1.9
-1.5
-4.3
-0.1
-6.3
Korea
Luxembourg
Netherlands
New Zealand
3.0
..
-3.0
2.3
2.8
2.6
-1.6
2.4
2.9
4.7
-0.9
1.0
3.3
3.8
-1.1
0.7
3.3
2.9
-0.3
0.1
5.2
4.3
0.1
1.9
4.3
3.2
-1.3
1.9
4.9
1.3
-2.5
3.6
4.2
0.7
-2.4
3.3
2.8
-0.4
-0.9
3.2
3.2
0.0
0.3
3.8
3.6
1.0
0.2
4.7
4.0
1.8
-1.0
3.3
2.8
1.4
-1.0
0.4
-0.2
-0.2
-4.9
-2.0
1.1
-0.2
-3.6
-3.3
1.2
-0.1
-3.7
-3.7
1.4
-1.4
-2.5
-3.3
2.1
-0.6
-0.9
-2.8
2.0
0.2
-0.2
-1.8
Norway1
Poland
Portugal
Slovenia
-1.6
..
-4.9
..
-1.5
..
-4.8
..
-1.0
-5.1
-4.6
..
-2.1
-4.1
-4.8
..
-0.7
-2.7
-4.4
..
1.4
-3.5
-5.3
..
0.3
-4.9
-6.5
-3.4
-1.4
-4.2
-5.2
-2.2
-2.8
-5.1
-4.7
-1.7
-1.3
-5.2
-5.6
-1.9
-0.5
-3.5
-6.0
-1.6
0.8
-3.4
-4.3
-2.9
2.1
-2.5
-3.6
-3.2
1.1
-4.1
-4.2
-5.1
-0.7
-6.9
-8.2
-5.3
0.0
-7.9
-7.5
-5.4
0.5
-5.5
-5.2
-4.7
0.8
-3.5
-3.1
-2.8
1.5
-2.4
-0.9
-1.0
2.4
-1.5
0.6
-0.5
Spain
Sweden
Switzerland
United Kingdom
United States
-6.6
-5.3
-1.3
-5.3
-2.7
-5.0
-1.4
-1.0
-3.8
-1.8
-3.7
0.5
-2.1
-2.2
-0.9
-3.3
1.0
-1.4
-0.3
-0.2
-2.2
1.0
-0.8
0.8
-0.2
-2.1
2.8
1.1
0.9
0.2
-1.7
1.3
-0.3
0.5
-1.4
-1.0
-1.6
-0.6
-2.0
-4.3
-1.1
-1.2
-1.2
-3.9
-5.1
-0.3
-0.1
-1.3
-4.2
-5.0
0.3
1.4
-0.7
-3.0
-4.0
1.0
0.6
0.2
-3.6
-3.4
0.3
1.4
0.2
-4.5
-3.9
-5.1
1.4
1.6
-5.6
-6.4
-9.0
1.7
1.1
-8.8
-9.4
-6.4
0.8
0.5
-8.6
-9.2
-5.4
0.3
0.8
-7.5
-8.3
-3.1
0.3
1.2
-7.5
-7.1
-1.1
0.2
1.3
-5.7
-5.5
-0.4
0.5
1.1
-5.0
-4.1
Euro area
Total OECD
-4.2
-3.6
-3.7
-2.9
-2.6
-1.9
-2.2
-1.4
-1.7
-1.2
-2.2
-1.1
-2.9
-2.1
-3.3
-3.5
-3.5
-4.0
-3.0
-3.8
-2.7
-3.0
-2.1
-2.4
-2.2
-2.6
-3.2
-4.1
-4.8
-6.7
-4.1
-6.5
-3.0
-5.7
-1.7
-4.8
-0.5
-3.5
-0.3
-2.6
Note: The underlying balances are adjusted for the cycle and for one-offs. For more details, see OECD Economic Outlook Sources and Methods (http://www.oecd.org/eco/sources-and-methods).
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.
Annex Table 30. General government underlying primary balances

1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Australia
Austria
Belgium
Canada
-0.1
-2.2
4.5
0.9
0.7
-0.1
5.0
3.3
1.7
1.9
5.6
5.3
2.8
1.3
6.8
5.1
3.0
0.0
5.8
5.1
1.5
-0.4
5.4
4.7
0.6
1.9
5.6
2.3
1.7
1.1
5.1
2.0
1.8
0.6
4.0
1.5
1.6
1.3
3.8
2.1
1.8
0.5
3.6
2.0
2.1
-0.2
3.3
1.6
1.2
0.1
2.3
1.2
-1.4
-0.3
1.2
-1.0
-3.9
-1.3
-0.9
-2.9
-3.5
-0.7
-0.4
-4.1
-2.8
0.2
-0.7
-3.6
-1.8
0.6
1.0
-2.9
1.0
1.0
1.9
-2.5
1.6
1.5
2.5
-2.2
Czech Republic
Denmark
Estonia
Finland
..
0.8
..
-1.1
..
1.0
..
0.5
..
1.4
..
0.5
..
1.6
..
2.8
-2.6
2.6
..
3.1
-4.6
2.5
..
7.0
-3.8
1.2
..
5.2
-3.8
0.8
0.9
4.3
-7.4
1.1
1.4
2.8
-2.0
2.5
1.0
2.1
-3.8
4.8
0.0
2.2
-3.6
3.5
-0.8
2.4
-2.6
2.6
-1.4
2.2
-3.5
1.7
-4.1
1.1
-5.2
-1.2
-1.5
-1.5
-3.8
0.0
-0.6
-2.1
-2.4
0.4
-0.1
-1.1
-1.2
-0.2
0.5
-1.4
-0.7
0.4
-0.3
-0.9
-0.2
0.4
-0.1
-0.5
France
Germany
Greece
Hungary
-1.5
0.3
1.7
..
-0.3
0.2
2.9
4.6
0.1
0.7
2.7
2.9
0.6
1.2
4.1
1.2
0.7
1.2
4.8
1.1
-0.1
0.8
2.2
2.3
-0.2
-1.0
1.7
0.5
-1.4
-1.4
0.8
-3.7
-2.1
-0.8
-1.7
-3.8
-1.6
-0.4
-3.4
-3.9
-1.7
0.3
-2.6
-5.8
-1.1
0.9
-4.6
-7.9
-1.7
1.9
-5.8
-2.4
-1.6 -4.4
1.6
1.0
-7.3 -10.3
-0.9
0.7
-3.6
-0.1
-3.6
-1.2
-1.8
1.1
1.3
-1.4
-0.7
1.6
4.2
1.5
1.1
1.8
6.5
3.2
1.8
1.6
7.6
3.6
Iceland
Ireland
Israel
Italy
Japan
0.3
5.6
..
4.1
-4.0
1.3
5.4
..
4.1
-4.4
1.8
4.6
..
5.3
-3.7
0.2
4.1
0.0
4.5
-3.9
1.3
3.9
1.2
4.2
-5.1
1.7
3.1
1.8
2.9
-5.0
-0.8
-1.0
0.2
1.8
-4.6
-2.2
-2.4
0.3
1.5
-5.7
-1.6
-1.1
0.5
-0.2
-5.6
-0.3
0.1
2.1
0.0
-5.9
2.7
0.1
2.5
-0.6
-4.6
3.5
0.7
3.0
0.9
-3.3
1.9
-2.8
2.9
1.6
-3.2
-3.1
-6.9
0.0
1.2
-3.1
-5.6
-7.3
-2.0
0.2
-6.9
-0.3
-4.5
-1.2
1.3
-7.2
1.9
-2.7
-1.5
1.5
-7.6
3.8
-0.5
-1.3
3.9
-7.9
4.7
1.5
-0.4
4.9
-7.4
5.3
3.2
-0.4
4.5
-4.8
2.4
..
1.4
5.1
2.1
1.5
2.7
4.7
2.0
3.7
3.3
2.8
2.2
2.8
2.9
2.3
2.4
2.0
3.4
1.5
4.0
3.0
3.1
3.3
3.4
1.8
1.2
3.0
3.9
0.2
-0.4
4.6
3.4
-0.2
-0.5
4.0
1.9
-1.2
0.9
3.9
2.2
-0.7
2.1
4.4
2.4
0.3
1.9
5.1
2.5
0.8
0.7
3.4
1.5
0.1
0.7
0.4
-1.2
-0.7
-3.5
-1.9
0.1
-0.5
-2.2
-2.7
0.4
-0.1
-2.2
-2.8
0.5
-1.3
-1.0
-2.2
1.1
-0.5
0.4
-1.7
0.9
0.4
1.1
-0.6
Norway1
Poland
Portugal
Slovenia
-3.2
..
-0.4
..
-3.1
..
-0.6
..
-2.4
-0.9
-1.3
..
-3.2
-0.3
-2.0
..
-2.2
-0.3
-1.8
..
-0.3
-0.9
-2.7
..
-1.6
-2.2
-3.9
-1.6
-3.5
-2.1
-2.6
-0.4
-4.6
-2.7
-2.3
-0.3
-3.3
-2.8
-3.2
-0.5
-2.4
-1.4
-3.7
-0.3
-1.4
-1.3
-1.8
-1.7
-1.0
-0.7
-0.9
-2.1
-2.0
-2.5
-1.5
-4.3
-3.1
-4.8
-5.6
-4.2
-2.2
-5.7
-4.8
-4.2
-1.6
-3.2
-1.6
-3.3
-1.4
-1.3
1.1
-1.2
-0.8
-0.1
3.5
0.7
0.0
0.8
5.6
1.2
Spain
Sweden
Switzerland
United Kingdom
United States
-2.0
-3.0
-0.5
-2.3
0.8
-0.4
1.3
-0.3
-0.8
1.5
0.5
3.5
-1.3
1.0
2.3
0.6
3.6
-0.5
2.7
3.0
1.1
3.5
0.3
3.3
2.6
0.9
4.9
2.1
3.3
2.8
1.0
3.1
0.6
2.5
0.8
1.4
0.5
0.4
-0.3
-2.2
1.0
0.1
-0.3
-2.1
-3.3
1.5
0.8
-0.3
-2.5
-3.2
1.9
2.3
0.2
-1.1
-2.1
2.3
1.4
0.9
-1.8
-1.5
1.4
2.2
0.8
-2.6
-1.9
-4.1
1.9
2.0
-3.8
-4.6
-7.6
1.9
1.4
-7.3
-7.9
-5.0
1.0
0.9
-5.9
-7.6
-3.6
0.6
1.1
-4.5
-6.4
-0.9
0.6
1.4
-4.6
-5.3
1.4
0.4
1.4
-3.0
-3.8
2.4
0.7
1.2
-2.1
-2.4
Euro area
Total OECD
0.5
-0.1
1.1
0.5
1.8
1.2
2.0
1.6
2.0
1.5
1.4
1.4
0.5
0.2
-0.1
-1.4
-0.5
-2.1
-0.2
-2.0
0.0
-1.3
0.6
-0.8
0.5
-0.9
-0.5
-2.5
-2.4
-5.2
-1.7
-4.9
-0.5
-3.9
0.9
-3.0
2.0
-1.8
2.3
-0.8
Korea
Luxembourg
Netherlands
New Zealand
Note: Adjusted for the cycle and for one-offs, and excludes net interest payments. For more details, see OECD Economic Outlook Sources and Methods
Annex Table 31. General government net debt interest payments

1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
1.8
3.3
8.4
5.6
0.3
1.5
3.4
8.0
5.2
0.5
1.4
3.2
7.3
4.7
0.4
1.0
3.1
7.0
4.7
0.5
0.8
2.8
6.5
4.2
0.5
0.7
2.8
6.3
3.0
0.2
0.4
2.7
6.1
2.9
0.3
0.4
2.5
5.4
2.5
0.3
0.3
2.4
5.0
1.8
0.5
0.2
2.2
4.6
1.5
0.6
0.1
2.2
4.1
1.0
0.7
0.0
2.2
3.8
0.7
0.7
0.0
2.0
3.7
0.6
0.7
-0.2
2.1
3.5
0.1
0.7
0.1
2.2
3.4
0.9
1.0
0.3
2.2
3.3
0.6
1.1
0.4
2.2
3.3
0.5
1.2
0.5
2.2
3.2
0.4
1.2
0.4
2.1
3.2
0.3
1.3
0.4
2.1
3.1
0.2
1.3
Denmark
Estonia
Finland
France
Germany
Greece
3.5
0.2
0.8
3.0
2.9
10.5
3.2
0.1
1.4
3.2
2.9
9.9
2.9
-0.1
1.8
3.1
2.9
7.7
2.7
0.1
1.6
3.0
3.0
7.3
2.5
-0.1
1.4
2.7
2.8
6.4
2.1
0.0
0.9
2.6
2.7
6.5
1.8
-0.1
0.5
2.7
2.6
5.8
1.7
-0.1
0.0
2.7
2.5
5.2
1.5
-0.3
-0.1
2.6
2.6
4.7
1.3
-0.3
-0.1
2.6
2.5
4.6
0.9
-0.2
-0.2
2.5
2.5
4.4
0.6
-0.2
-0.4
2.4
2.5
4.5
0.4
-0.3
-0.6
2.5
2.5
4.5
0.0
-0.4
-0.9
2.7
2.4
4.8
0.4
-0.2
-0.6
2.2
2.3
4.9
0.5
-0.1
-0.2
2.3
2.1
5.6
0.6
-0.1
-0.2
2.5
1.9
6.8
0.6
-0.1
-0.2
2.5
1.8
5.4
0.5
0.0
-0.2
2.4
1.8
5.4
0.5
0.0
-0.1
2.4
1.8
5.2
Hungary
Iceland
Ireland
Israel
Italy
8.2
1.5
4.9
..
10.7
7.6
1.4
4.2
..
10.7
7.3
1.1
3.5
..
8.7
6.2
1.0
3.2
7.9
7.8
6.2
0.9
2.2
7.2
6.3
4.8
0.7
1.8
7.1
6.0
4.0
0.5
1.3
6.8
6.0
3.6
0.3
1.2
6.9
5.4
3.7
0.6
1.1
7.1
4.9
4.0
0.3
1.0
6.9
4.6
3.9
-0.4
0.9
6.7
4.5
3.7
-0.7
0.8
5.4
4.4
3.8
-0.9
0.6
5.0
4.7
3.7
-0.5
0.7
4.5
4.9
4.1
3.0
1.4
4.2
4.4
3.9
2.9
2.6
4.1
4.3
3.8
3.1
2.7
4.0
4.6
4.3
3.6
3.4
3.9
4.9
4.6
3.5
5.0
3.9
5.0
4.7
3.5
5.0
3.8
5.0
Japan
Korea
Luxembourg
Netherlands
New Zealand
0.7
-0.6
-1.4
4.4
2.8
0.7
-0.7
-1.1
4.4
2.3
0.7
-0.9
-1.0
4.2
1.8
0.9
-1.2
-1.0
4.0
1.6
0.9
-1.0
-0.9
3.6
1.4
0.9
-1.2
-1.2
2.9
1.4
0.9
-0.9
-1.4
2.4
1.2
0.7
-0.9
-1.1
2.2
1.0
0.6
-0.8
-0.9
2.0
0.7
0.4
-1.0
-0.8
1.9
0.7
0.1
-1.0
-0.7
1.8
0.6
-0.1
-1.2
-0.7
1.6
0.4
0.0
-1.5
-1.0
1.6
0.1
0.3
-1.3
-1.2
1.6
0.0
0.5
-1.0
-0.5
1.4
0.2
0.6
-1.0
-0.3
1.4
0.6
0.7
-0.9
-0.1
1.5
0.9
0.9
-0.9
0.0
1.5
1.1
1.2
-1.0
0.1
1.4
1.1
1.5
-1.1
0.1
1.4
1.2
Norway
Poland
Portugal
Slovak Republic
Slovenia
-1.6
5.1
4.6
1.3
1.6
-1.6
4.2
4.2
1.6
1.7
-1.4
3.8
3.3
1.8
2.0
-1.1
3.7
2.7
2.1
1.8
-1.5
2.4
2.6
2.9
1.9
-1.7
2.5
2.5
3.1
1.8
-1.9
2.7
2.5
3.1
1.8
-2.1
2.1
2.5
3.0
1.8
-1.9
2.4
2.4
1.7
1.5
-2.0
2.5
2.4
1.4
1.4
-2.0
2.2
2.3
1.1
1.3
-2.2
2.1
2.5
0.9
1.2
-2.9
1.7
2.6
1.0
1.0
-3.0
1.6
2.7
0.9
0.7
-2.4
2.1
2.6
1.1
1.1
-2.2
2.2
2.8
1.2
1.2
-2.1
2.3
3.8
1.4
1.4
-2.2
2.2
4.5
1.6
1.6
-2.3
2.3
4.8
1.7
1.8
-2.4
2.3
5.5
1.8
1.9
Spain
Sweden
Switzerland
United Kingdom
United States
4.7
2.4
0.8
3.0
3.5
4.7
2.8
0.7
3.0
3.4
4.2
3.0
0.8
3.1
3.2
3.8
2.6
0.9
3.0
3.1
3.3
2.5
1.1
2.5
2.7
2.9
2.1
1.0
2.4
2.5
2.6
1.7
0.9
2.0
2.2
2.4
2.1
1.0
1.7
2.0
2.1
1.3
1.0
1.7
1.8
1.8
0.9
1.0
1.7
1.8
1.6
1.0
0.9
1.8
1.8
1.3
0.8
0.7
1.7
1.8
1.1
0.7
0.5
1.8
1.9
1.1
0.5
0.4
1.8
1.9
1.4
0.2
0.3
1.6
1.6
1.6
0.2
0.3
2.8
1.7
1.9
0.3
0.3
3.1
2.0
2.4
0.3
0.2
2.9
1.8
2.9
0.2
0.1
2.8
1.7
3.1
0.2
0.0
2.9
1.8
Euro area
Total OECD
4.7
3.5
4.9
3.4
4.4
3.1
4.1
3.0
3.6
2.6
3.5
2.4
3.3
2.3
3.1
2.0
3.0
1.9
2.8
1.8
2.7
1.7
2.6
1.6
2.6
1.6
2.6
1.6
2.5
1.5
2.5
1.6
2.6
1.8
2.7
1.8
2.8
1.8
2.8
1.8
Australia
Austria
Belgium
Canada
Czech Republic

Annex Table 32. General government gross financial liabilities

1995
Australia
Austria
Belgium1
Canada
Czech Republic
Denmark
Estonia
Finland
France
Germany2
Greece
Hungary
Iceland
Ireland
Israel
Italy
Japan3
Korea4
Luxembourg
Netherlands
New Zealand
Norway
Poland
Portugal
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
United Kingdom
United States
Euro area
Total OECD
2000
2001
2002
42.0 39.2 37.5 32.4 | 28

25.0
69.4 70.3 66.4 68.0 70.9 70.8
135.4 133.1 127.8 123.1 119.4 113.6
99.6 99.6 94.3 92.9 89.6 80.5
..
..
..
..
..
..
81.7 79.1 74.8 72.4 67.1 60.4
13.3 12.3 11.3 10.0 10.9
9.4
65.3 66.2 64.7 61.2 54.9 52.4
62.6 66.4 68.9 70.4 66.8 65.7
55.7 58.8 60.4 62.3 61.8 60.8
101.1 103.1 100.0 97.7 101.5 115.3
89.1 76.9 67.4 65.5 67.7 62.2
..
..
..
77.3 73.6 72.9
..
..
..
62.4 51.5 39.3
..
..
.. 101.0 94.9 84.8
121.9 128.1 129.6 131.8 125.7 120.8
87.7 95.4 102.0 114.9 129.0 137.6
..
..
..
..
..
..
..
..
..
16.2 14.8 13.4
89.5 88.0 82.1 80.7 71.6 63.8
50.7 44.3 41.8 41.6 39.0 37.0
37.9 33.6 29.7 28.0 29.1 32.7
51.6 51.5 48.4 44.0 46.8 45.4
66.7 66.5 65.2 64.6 62.3 62.4
38.2 37.6 39.0 41.2 53.5 57.6
..
..
..
..
..
..
69.3 76.0 75.0 75.4 69.4 66.5
81.1 84.4 83.0 82.0 73.2 64.3
46.5 48.9 50.6 53.6 50.9 51.2
51.0 50.8 51.7 52.3 47.4 45.2
70.7 69.9 67.4 64.2 60.5 54.5
75.5 80.0 81.0 81.6 78.2 76.0
72.5 74.1 73.8 74.4 72.9 70.2
1996
1997
1998
1999
22.1
71.8
111.9
80.7
..
58.4
8.9
49.9
64.3
60.1
118.1
60.5
75.0
36.5
89.5
120.1
144.7
..
13.5
59.4
34.9
31.8
43.7
64.2
57.1
33.6
61.9
62.7
49.7
40.5
54.4
74.4
69.9
20.1
72.8
108.2
78.6
31.5
58.2
10.2
49.5
67.5
62.5
117.6
61.1
72.0
35.5
96.8
118.8
153.5
19.2
12.2
60.2
33.0
39.0
55.0
68.0
50.2
34.7
60.3
60.2
55.6
41.1
56.8
75.4
71.9
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
18.6 16.8 16.3 15.6 14.5 13.8 19.4 23.5 26.7 29.3 28.9 28.0
71.0 70.8 70.6 66.4 63.4 68.6 74.1 78.0 79.8 83.1 85.2 86.0
103.3 98.2 95.8 91.6 87.9 92.7 99.8 99.5 101.9 103.2 102.9 101.9
74.7 70.8 69.7 68.6 65.0 69.2 81.5 83.0 83.4 85.8 85.5 86.0
33.2 33.1 32.8 32.6 31.0 34.4 40.9 45.1 48.0 51.3 54.5 56.9
56.6 54.0 45.9 41.2 34.3 41.4 51.3 54.6 61.5 61.0 61.0 60.7
10.8
8.5
8.2
8.0
7.3
8.5 12.8 12.5
9.8 14.5 16.0 15.7
51.4 51.5 48.4 45.6 41.4 40.3 51.8 57.9 58.0 62.3 65.5 67.7
71.7 74.1 76.0 71.2 73.0 79.3 91.2 95.5 100.0 105.1 108.2 109.7
65.9 69.3 71.8 69.8 65.6 69.9 77.5 86.3 86.4 87.6 86.2 85.1
112.3 114.8 113.4 117.2 115.2 118.5 134.3 153.0 175.2 181.3 193.2 199.9
62.2 65.6 68.8 72.4 73.6 77.1 86.7 87.5 86.1 87.4 86.4 86.7
71.0 64.4 52.6 57.4 53.3 102.1 120.0 125.2 128.4 124.7 120.6 115.4
34.2 32.8 32.7 28.8 28.7 49.7 70.7 98.1 112.2 123.2 127.7 127.8
99.4 97.8 93.9 84.9 78.5 77.1 79.5 76.0 74.0 73.5 73.1 71.8
116.3 116.8 119.4 117.0 112.4 114.9 128.0 126.7 119.8 127.0 129.6 131.4
158.3 166.3 169.5 166.8 162.4 171.1 188.7 192.7 205.3 214.3 224.3 230.0
19.7 23.3 25.6 28.6 28.8 30.4 33.5 34.3 36.1 36.4 36.4 36.7
13.1 14.0 12.2 11.5 11.3 19.3 19.0 25.8 25.8 29.8 32.6 34.4
61.3 61.9 60.7 54.5 51.5 64.8 67.6 71.6 75.9 82.5 83.6 84.0
31.0 28.2 27.0 26.6 25.6 28.8 34.6 39.6 48.3 51.3 54.3 55.6
48.4 50.9 47.8 59.0 56.8 54.3 48.9 49.6 33.8 44.7 44.0 42.9
55.4 54.6 54.8 55.2 51.7 54.4 58.4 62.3 63.3 64.1 65.2 65.4
70.2 73.5 77.7 77.5 75.5 80.8 93.5 103.9 118.1 125.6 133.1 134.6
48.2 45.9 37.4 35.0 33.5 32.2 40.4 45.9 48.0 57.0 59.7 60.9
34.1 34.9 34.0 33.8 30.6 30.4 44.0 48.2 55.5 59.9 63.5 66.1
55.3 53.3 50.8 46.2 42.4 47.7 62.9 67.7 76.9 93.8 100.2 105.3
59.3 60.0 61.2 54.3 49.8 50.0 52.2 49.3 49.2 48.6 47.9 47.2
55.3 56.1 54.6 48.5 45.1 41.9 41.1 40.6 40.2 39.5 39.0 38.6
41.6 43.9 46.1 45.9 47.0 57.1 72.0 85.6 99.9 105.3 110.4 113.9
60.2 67.8 67.4 66.1 66.5 75.4 88.8 97.8 102.2 109.8 113.0 114.1
76.1 77.3 78.2 74.7 71.9 77.1 87.8 93.1 95.2 100.6 102.5 103.4
73.6 77.6 77.9 75.8 74.2 80.7 92.2 98.7 102.9 108.7 111.4 112.5
Note: Gross debt data are not always comparable across countries due to different definitions or treatment of debt components. Maastricht debt for European Union countries is shown in Annex Table 61.
For more details, see OECD Economic Outlook Sources and Methods (http://www.oecd.org/eco/sources-and-methods).
For euro area countries with unsustainable fiscal positions that have asked for assistance from the European Union and the IMF (Greece, Ireland and Portugal) the change in 2010 and 2011 in
government financial liabilities has been approximated by the change in government liabilities recorded for the Maastricht definition of general government debt.
1. Includes the debt of the Belgium National Railways Company (SNCB) from 2005 onwards.
2. Includes the debt of the Inherited Debt Fund from 1995 onwards.
3. Includes the debt of the Japan Railway Settlement Corporation and the National Forest Special Account from 1998 onwards.
4. Data are on a non-consolidated basis (SNA93).
This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any
territory, city or area.
Annex Table 33. General government net financial liabilities

1995
Australia
Austria
Belgium1
Canada
Czech Republic
Denmark
Estonia
2
Finland
France
3
Germany
Greece
Hungary
Iceland
Ireland
Italy
Japan4
Korea5
Luxembourg
Netherlands
New Zealand
Norway
Poland
Portugal
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
United Kingdom
United States
Euro area
Total OECD
1996
1997
1998
1999
26.4 21.0 21.2 16.1 | 14.9

38.6 40.3 36.4 36.6 35.7
114.6 115.2 110.8 107.7 102.9
69.3 68.5 63.4 59.3 54.7
..
..
..
..
..
33.4 33.3 32.3 35.1 28.4
-39.1 -28.6 -23.5 -40.4 -39.8
-7.3
-6.7
-7.5 -14.6 -50.3
37.4 41.9 42.4 40.6 33.6
29.7 32.7 32.5 36.3 34.5
81.0 81.5 76.8 72.6 70.6
24.5 25.5 25.2 32.2 34.3
..
..
..
42.6 35.9
..
..
..
41.9 27.0
98.4 104.0 104.1 106.4 100.5
22.8 28.3 33.8 45.4 53.0
..
..
..
..
..
..
..
.. -53.2 -52.4
54.0 52.7 49.7 48.2 36.7
37.6 32.4 29.8 27.7 25.4
-36.1 -41.0 -48.5 -51.9 -57.3
-15.0
-5.7
0.3
6.4 13.5
24.3 26.5 31.1 34.3 32.7
-30.7 -18.2 -12.1
-3.7
1.2
..
..
..
..
..
51.6 55.5 54.2 53.7 47.7
25.6 26.6 24.6 22.0 12.4
..
..
..
..
5.9
26.0 27.7 30.4 32.4 29.0
53.8 51.9 48.8 44.9 40.2
49.2 53.6 53.6 53.9 48.4
43.1 44.1 43.4 43.9 40.4
2000
2001
2002
2003
8.9
34.7
97.4
45.3
..
22.5
-30.4
-31.1
35.2
33.9
89.0
33.0
37.5
15.3
94.9
59.7
..
-54.5
34.9
23.4
-67.2
15.5
32.7
12.5
..
44.2
5.5
3.2
26.8
35.3
47.6
38.1
6.4
35.6
94.9
43.2
..
20.1
-28.5
-31.7
36.8
36.2
93.3
32.4
29.2
11.9
95.8
65.5
..
-60.7
33.0
21.1
-84.2
18.5
34.8
10.9
-15.6
41.6
-2.5
2.7
23.3
34.6
48.1
37.7
4.5
37.1
93.1
41.6
-15.6
19.1
-28.6
-31.3
41.9
40.4
95.1
36.8
28.5
13.6
95.2
74.5
-32.3
-59.3
34.8
17.6
-80.5
22.1
39.3
1.7
-14.2
40.3
3.9
7.1
23.8
37.2
50.5
40.3
2.4
0.3
-1.3
-4.6
-7.3
-7.6
36.1 38.2 37.9 34.0 31.4 34.8
90.1 83.6 81.9 77.0 73.1 73.3
37.7 34.3 30.2 25.7 22.4 22.0
-7.1 -10.5 -12.2 -12.5 -15.5
-6.7
18.0 14.8 10.5
1.9
-3.8
-6.1
-29.1 -32.1 -31.9 -31.4 -28.1 -25.5
-38.5 -46.7 -58.6 -69.5 -72.6 -52.3
44.4 45.4 43.4 37.4 35.7 45.9
43.4 47.4 49.7 47.8 42.5 44.5
87.6 87.7 83.7 87.3 82.4 90.9
37.8 41.9 46.3 51.9 53.7 51.7
30.7 27.6 13.6
7.9
-1.0 26.0
11.4
8.2
5.9
1.4
-0.3 12.7
92.3 92.0 93.3 90.5 87.1 90.0
77.6 82.4 82.2 81.0 80.5 95.3
-31.1 -31.6 -35.8 -36.8 -40.2 -37.7
-56.9 -54.1 -51.4 -50.9 -54.8 -53.6
36.2 37.6 35.0 31.6 27.8 27.0
13.1
8.3
3.7
-1.2
-5.5
-5.0
-95.0 -103.4 -120.4 -133.7 -138.9 -123.5
22.7 20.8 23.5 22.4 17.0 17.2
41.9 47.2 50.6 50.0 49.7 54.2
1.8
5.2
3.2
7.7
7.3
9.3
-9.5
-9.7
-8.5
-9.9 -16.9
-5.0
36.8 34.6 29.1 22.4 17.7 22.6
0.0
-2.7
-7.7 -18.7 -22.4 -14.9
7.2
9.0
8.0
5.2
0.8
2.6
24.0 26.0 26.9 27.4 28.3 33.1
40.9 48.6 49.0 48.4 48.0 53.6
50.7 51.6 50.6 46.6 42.7 47.5
41.7 45.0 44.3 42.1 40.1 45.6
2004
2005
2006
2007
2008
2009
2010
2011
2012
-3.7
1.8
5.3
7.9
40.4 44.0 46.0 47.9
79.5 79.8 81.3 82.5
27.6 29.7 32.3 34.9
-2.7
5.1
5.8
9.1
-4.5
-1.6
3.3
7.3
-28.7 -35.3 -35.3 -32.0
-62.9 -65.6 -54.1 -51.4
52.1 57.3 63.0 66.4
49.0 49.8 51.3 50.3
101.0 117.2 138.7 145.7
59.7 61.5 52.7 55.0
39.9 48.3 49.7 48.7
26.0 56.9 73.4 79.9
100.9 99.5 94.1 98.1
106.2 112.8 125.3 134.3
-39.0 -38.1 -36.6 -36.2
-57.9 -52.1 -44.9 -40.8
29.6 34.4 38.7 42.6
-1.0
2.9 10.7 14.7
-156.7 -164.9 -160.3 -165.3
22.3 28.0 33.1 35.0
64.7 70.1 74.8 82.5
16.1 22.2 26.4 29.9
0.1
1.0
7.1 11.5
34.0 40.2 49.5 58.0
-22.3 -23.7 -20.7 -19.9
-1.8
-2.0
-2.4
-3.1
43.9 53.8 67.8 73.0
65.9 74.3 81.6 86.5
54.5 57.6 60.6 63.3
54.0 59.7 65.6 69.6
2013
2014
7.5
49.4
82.9
36.8
12.3
9.3
-29.6
-48.7
68.8
49.7
159.0
55.5
45.6
86.1
100.6
144.3
-36.2
-38.1
44.8
17.6
-174.0
36.9
88.2
31.9
15.1
64.7
-18.5
-3.6
78.0
90.1
65.3
72.8
6.6
50.0
82.0
37.9
14.7
10.7
-28.2
-46.5
70.4
48.6
167.0
55.8
41.7
89.0
102.9
150.1
-35.9
-36.3
46.1
19.0
-183.1
37.6
89.7
32.7
17.7
70.1
-17.4
-4.0
81.5
91.2
66.4
74.1
Note: Net debt measures are not always comparable across countries due to different definitions or treatment of debt (and asset) components, see also OECD Economic Outlook Sources and Methods
1. Includes the debt of the Belgium National Railways Company (SNCB) from 2005 onwards.
2. From 1995 onwards housing corporation shares are no longer classified as financial assets.
3. Includes the debt of the Inherited Debt Fund from 1995 onwards.
4. Includes the debt of the Japan Railway Settlement Corporation and the National Forest Special Account from 1998 onwards.
5. Data are on a non-consolidated basis (SNA93).

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Annex Table 25.

General government total outlays

Annex Table 27. General government financial balances

Annex Table 28. General government cyclically-adjusted balances

Annex Table 29. General government underlying balances

Annex Table 30. General government underlying primary balances

Annex Table 31. General government net debt interest payments

Source: OECD Economic Outlook 92 database.

Annex Table 32. General government gross financial liabilities

42.0 39.2 37.5 32.4 | 28

Annex Table 33. General government net financial liabilities

26.4 21.0 21.2 16.1 | 14.9

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