More importantly, the deficit declined from 10 percent of GDP in 2009 to 7 percent of GDP in 2012.
Since then it has run a string of deficits, peaking at 9.3% of GDP in 2009.
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The OECD economists reckon it would cut the deficit by just 0.2% of GDP by 2009.
This would put the government into the black to the tune of 1.7% of GDP by 2009.
Closer to home, Portugal's government announced that its budget deficit was 9.3% of GDP in 2009, higher than previous forecasts.
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The deficit will be 5.3 percent of gross domestic product this year, nearly half the 10.1 percent of GDP in 2009.
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The budget deficit, projected to fall from 9.3% of GDP in 2009 to 4.6% in 2011, pales by comparison with Ireland's.
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The government also plans a fiscal stimulus of infrastructure investment, consumer handouts and tax cuts worth around 3% of GDP in 2009.
Left untackled, the budget deficit, which at 11.2% of GDP in 2009-10 was larger than those of almost all other rich countries, would soon have undermined confidence in the government's ability to service its public debt.
Such tax dodging is a problem now, as Greece's budget deficit was likely around 13% of GDP in 2009. which led to a selloff of Greek government debt and boosted the interest rate the government has to pay.
It must make clear that the timing of bigger buffers can be staggered and that their cost must be compared with the benefit of fewer meltdowns (the Bank of England reckons global GDP in 2009 would have been 6.5% higher without the crisis).
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In the fourth quarter 2009 GDP, business spending trumped personal consumption by almost seven to one.
Its government entered the crisis with budget surpluses in 2006 and 2007 and an unusually low level of debt, 38% of GDP, in 2009.
So actual when we have the numbers in, we now know that over 2009 real GDP grew by 0.1 percent, one-tenth of 1 percent.
The federal government has released its latest official health spending numbers showing that national health spending as a percentage of GDP held steady between 2009 and 2011 at 17.9 percent.
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Greece's government-debt burden of 115% of GDP at the end of 2009 was much higher than Britain's 68%.
The country was adversely affected by the global economic downturn in 2009, when GDP growth fell to 2.2%.
The ensuing recession began in December 2007 and officially ended (semi-officially anyway) in mid-2009, when GDP started growing again.
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Lithuania has the largest economy of the three Baltic States and suffered a substantial GDP drop in 2008 and 2009.
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From 1985 to 2009, real GDP per capita rose by 43 percent, so per-enrollee spending on higher education has approximately kept pace with that.
The first quarter of 2009 saw a GDP reduction of more than 6 percent, an economic loss that had not been seen in almost three decades.
The Congressional Budget Office thinks that GDP by the end of 2009 will be between 1.3% and 3.6% higher than it otherwise would have been, thanks to the stimulus.
The European Commission and the International Monetary Fund both now estimate that in 2009 Italy's GDP will shrink by 4.4%.
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The recovery (in GDP) officially began in June 2009, but it has been an unusually slow recovery, with job growth even slower.
Equipment and software sales were strong, led by chip makers like Texas Instruments and Xerox, which gained 2% in its third quarter after a 52% decline in 2009, leaving the remaining GDP sectors to find their pace.
Greece violated the EU's Growth and Stability Pact budget deficit criterion of no more than 3% of GDP from 2001 to 2006, but finally met that criterion in 2007-08, before exceeding it again in 2009, with the deficit reaching 15% of GDP.
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