Which EU countries have a budget surplus in 2025?

Valerie Charoux
Oct 21
2 min read

News Economy Europe – Here are the EU countries that have a budget surplus as a percentage of GDP in Q2 2025, according to a Eurostat report dated October 21st, 2025:

1 - What is the average budget deficit in the EU in Q2 2025?

The average budget in the EU registers a seasonally adjusted deficit of -2.9% of GDP and the Euro area registers a deficit of -2.7% of GDP for the second quarter of 2025. However, there are 5 EU countries that have registered a surplus for the second quarter of 2025 as per the ranking below:

2 - Ranking of EU countries that have a budget surplus in Q2 2025:

1 – Cyprus

Cyprus ranks No. 1 country in the EU and Euro area that has the highest budget surplus with a seasonally adjusted surplus of 3.6% of GDP in Q2 2025.

2 - Denmark

Denmark ranks 2nd country in the EU and Euro area that has the highest budget surplus with a seasonally adjusted surplus of 2.9% of GDP in Q2 2025.

3 – Greece

Greece ranks 3rd country in the EU and Euro area that has the highest budget surplus with a seasonally adjusted surplus of 2.7% of GDP in Q2 2025.

4 – Ireland

Ireland ranks 4^th country in the EU and Euro area that has the highest budget surplus with a seasonally adjusted surplus of 1.2% of GDP in Q2 2025.

5 – Portugal

Portugal ranks 5^th country in the EU and Euro area that has the highest budget surplus with a seasonally adjusted surplus of 0.7% of GDP in Q2 2025.