Publication detail

The general government financial balance was positive by 7% of GDP in 2006 which is the largest surplus measured in historical terms. In 2005, the surplus was 5.2% of GDP and in 2004 0.2%. This good result is mostly due to a record high surplus in central government finances in 2005 and 2006, which amounted to 4.5% and 5.3% of GDP, respectively.