Christian countries Compared by Economy > Budget surplus > + or deficit > -
DEFINITION:
This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Norway | 14% of GDP | 2012 | ||
2 | Angola | 6.2% of GDP | 2012 | ||
3 | Lesotho | 5% of GDP | 2012 | ||
=4 | Brazil | 2.4% of GDP | 2012 | ||
=4 | Montenegro | 2.4% of GDP | 2012 | ||
=6 | Seychelles | 2.2% of GDP | 2012 | ||
=6 | Peru | 2.2% of GDP | 2012 | ||
8 | Gabon | 2% of GDP | 2012 | ||
9 | Greenland | 1.9% of GDP | 2010 | ||
10 | Bolivia | 1.8% of GDP | 2012 | ||
11 | Federated States of Micronesia | 1.6% of GDP | 2011 | ||
12 | Cook Islands | 1% of GDP | 2006 | ||
13 | Botswana | 0.8% of GDP | 2012 | ||
14 | Belarus | 0.7% of GDP | 2012 | ||
=15 | Colombia | 0.5% of GDP | 2012 | ||
=15 | Chile | 0.5% of GDP | 2012 | ||
17 | Swaziland | 0.3% of GDP | 2012 | ||
=18 | Latvia | 0.1% of GDP | 2012 | ||
=18 | Switzerland | 0.1% of GDP | 2012 | ||
=18 | Germany | 0.1% of GDP | 2012 | ||
21 | Russia | -0.1% of GDP | 2012 | ||
22 | Nicaragua | -0.2% of GDP | 2012 | ||
23 | Bulgaria | -0.5% of GDP | 2012 | ||
=24 | Central African Republic | -0.7% of GDP | 2012 | ||
=24 | Sweden | -0.7% of GDP | 2012 | ||
=26 | Luxembourg | -0.8% of GDP | 2012 | ||
=26 | Antigua and Barbuda | -0.8% of GDP | 2012 | ||
28 | Equatorial Guinea | -0.9% of GDP | 2012 | ||
=29 | Belize | 0.0 | 2012 | ||
=29 | Tonga | 0.0 | 2012 | ||
=29 | British Virgin Islands | 0.0 | 2012 | ||
=32 | Ecuador | -1.1% of GDP | 2012 | ||
=32 | Rwanda | -1.1% of GDP | 2012 | ||
=32 | Trinidad and Tobago | -1.1% of GDP | 2012 | ||
35 | Monaco | -1.3% of GDP | 2011 | ||
=36 | Austria | -1.4% of GDP | 2012 | ||
=36 | Andorra | -1.4% of GDP | 2011 | ||
38 | San Marino | -1.5% of GDP | 2011 | ||
=39 | East Timor | -1.6% of GDP | 2012 | ||
=39 | Papua New Guinea | -1.6% of GDP | 2012 | ||
=39 | Armenia | -1.6% of GDP | 2012 | ||
=39 | Liechtenstein | -1.6% of GDP | 2011 | ||
=43 | Fiji | -1.7% of GDP | 2012 | ||
=43 | Paraguay | -1.7% of GDP | 2012 | ||
45 | Poland | -1.9% of GDP | 2012 | ||
=46 | Hungary | -2.1% of GDP | 2013 | ||
=46 | Panama | -2.1% of GDP | 2012 | ||
=46 | Nigeria | -2.1% of GDP | 2012 | ||
=46 | Moldova | -2.1% of GDP | 2012 | ||
=50 | Finland | -2.3% of GDP | 2012 | ||
=50 | Philippines | -2.3% of GDP | 2012 | ||
=52 | Guatemala | -2.4% of GDP | 2012 | ||
=52 | Palau | -2.4% of GDP | 2010 | ||
=52 | Suriname | -2.4% of GDP | 2010 | ||
=55 | Bermuda | -2.5% of GDP | 2012 | ||
=55 | Romania | -2.5% of GDP | 2012 | ||
=55 | Democratic Republic of the Congo | -2.5% of GDP | 2012 | ||
58 | Argentina | -2.6% of GDP | 2012 | ||
=59 | Ethiopia | -2.7% of GDP | 2012 | ||
=59 | Liberia | -2.7% of GDP | 2012 | ||
=59 | Mexico | -2.7% of GDP | 2012 | ||
=59 | Cayman Islands | -2.7% of GDP | 2012 | ||
=63 | Uruguay | -2.8% of GDP | 2012 | ||
=63 | Namibia | -2.8% of GDP | 2012 | ||
=65 | Bosnia and Herzegovina | -2.9% of GDP | 2012 | ||
=65 | Italy | -2.9% of GDP | 2012 | ||
=65 | Uganda | -2.9% of GDP | 2012 | ||
=65 | Kazakhstan | -2.9% of GDP | 2012 | ||
=69 | Georgia | -3.1% of GDP | 2012 | ||
=69 | Puerto Rico | -3.1% of GDP | 2000 | ||
71 | Slovenia | -3.2% of GDP | 2012 | ||
=72 | Canada | -3.3% of GDP | 2012 | ||
=72 | Croatia | -3.3% of GDP | 2012 | ||
=74 | Australia | -3.4% of GDP | 2012 | ||
=74 | Lithuania | -3.4% of GDP | 2012 | ||
=74 | Malta | -3.4% of GDP | 2012 | ||
=77 | El Salvador | -3.5% of GDP | 2012 | ||
=77 | Iceland | -3.5% of GDP | 2012 | ||
79 | Cameroon | -3.6% of GDP | 2012 | ||
80 | Cuba | -3.7% of GDP | 2012 | ||
=81 | New Zealand | -3.8% of GDP | 2012 | ||
=81 | Burundi | -3.8% of GDP | 2012 | ||
83 | Republic of Macedonia | -3.9% of GDP | 2012 | ||
=84 | Netherlands | -4.1% of GDP | 2012 | ||
=84 | Tanzania | -4.1% of GDP | 2012 | ||
=84 | Denmark | -4.1% of GDP | 2012 | ||
=87 | Jamaica | -4.2% of GDP | 2012 | ||
=87 | Mozambique | -4.2% of GDP | 2012 | ||
=87 | Belgium | -4.2% of GDP | 2012 | ||
=90 | Slovakia | -4.4% of GDP | 2012 | ||
=90 | Ukraine | -4.4% of GDP | 2012 | ||
92 | Costa Rica | -4.5% of GDP | 2012 | ||
93 | South Africa | -4.8% of GDP | 2012 | ||
=94 | France | -4.9% of GDP | 2012 | ||
=94 | Zambia | -4.9% of GDP | 2012 | ||
=96 | Anguilla | -5% of GDP | 2012 | ||
=96 | Guyana | -5% of GDP | 2012 | ||
=96 | Falkland Islands (Islas Malvinas) | -5% of GDP | 2010 | ||
99 | Kenya | -5.1% of GDP | 2012 | ||
100 | Grenada | -5.2% of GDP | 2009 | ||
=101 | Honduras | -6% of GDP | 2012 | ||
=101 | Haiti | -6% of GDP | 2012 | ||
103 | American Samoa | -6.1% of GDP | 2007 | ||
104 | The Bahamas | -6.2% of GDP | 2012 | ||
105 | Cyprus | -6.4% of GDP | 2012 | ||
106 | Portugal | -6.5% of GDP | 2012 | ||
107 | Dominican Republic | -6.6% of GDP | 2012 | ||
108 | United States | -6.8% of GDP | 2012 | ||
=109 | Ireland | -7.6% of GDP | 2012 | ||
=109 | Serbia | -7.6% of GDP | 2012 | ||
111 | Malawi | -7.9% of GDP | 2012 | ||
112 | Barbados | -8.1% of GDP | 2012 | ||
113 | United Kingdom | -8.2% of GDP | 2012 | ||
114 | Aruba | -9.8% of GDP | 2012 | ||
115 | Greece | -10.2% of GDP | 2012 | ||
116 | Spain | -10.9% of GDP | 2012 | ||
117 | Faroe Islands | -11.9% of GDP | 2010 | ||
118 | Cape Verde | -12.1% of GDP | 2012 | ||
119 | Ghana | -12.2% of GDP | 2012 | ||
120 | Dominica | -12.4% of GDP | 2012 | ||
121 | Eritrea | -12.6% of GDP | 2012 | ||
122 | Venezuela | -14.8% of GDP | 2012 |