en

IEB

Universitat de Barcelona logotipo
IEB Report
Fiscal Federalism
Fiscal balances

IEB Report 1/2014

The fiscal balance is the difference between a central government’s tax revenues and its spending in a particular territory. It may be negative (a de cit) or positive (a surplus). The balance resulting from the calculation indicates the degree of territorial redistribution of the central government’s budget.



Download PDF

This website uses cookies to ensure that you receive the best experience when navigating. If you continue without changing the settings, you accept its use in conformity with our cookies policy. More information