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Catholic 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 Brazil 2.4% of GDP 2012
=2 Peru 2.2% of GDP 2012
=2 Seychelles 2.2% of GDP 2012
4 Bolivia 1.8% of GDP 2012
=5 Colombia 0.5% of GDP 2012
=5 Chile 0.5% of GDP 2012
7 British Virgin Islands 0.0 2012
8 Luxembourg -0.8% of GDP 2012
9 Equatorial Guinea -0.9% of GDP 2012
10 Ecuador -1.1% of GDP 2012
=11 Austria -1.4% of GDP 2012
=11 Andorra -1.4% of GDP 2011
13 San Marino -1.5% of GDP 2011
=14 Liechtenstein -1.6% of GDP 2011
=14 East Timor -1.6% of GDP 2012
16 Paraguay -1.7% of GDP 2012
17 Poland -1.9% of GDP 2012
18 Panama -2.1% of GDP 2012
19 Philippines -2.3% of GDP 2012
=20 Palau -2.4% of GDP 2010
=20 Guatemala -2.4% of GDP 2012
22 Argentina -2.6% of GDP 2012
23 Mexico -2.7% of GDP 2012
24 Italy -2.9% of GDP 2012
25 Croatia -3.3% of GDP 2012
26 Lithuania -3.4% of GDP 2012
27 Cote d'Ivoire -3.5% of GDP 2012
28 Cuba -3.7% of GDP 2012
29 Burundi -3.8% of GDP 2012
30 Slovakia -4.4% of GDP 2012
31 Costa Rica -4.5% of GDP 2012
32 France -4.9% of GDP 2012
33 Haiti -6% of GDP 2012
34 Portugal -6.5% of GDP 2012
35 Ireland -7.6% of GDP 2012
36 Aruba -9.8% of GDP 2012
37 Spain -10.9% of GDP 2012
38 Cape Verde -12.1% of GDP 2012
39 Dominica -12.4% of GDP 2012
40 Eritrea -12.6% of GDP 2012
41 Venezuela -14.8% of GDP 2012

Citation

"Countries Compared by Economy > Budget surplus > + or deficit > -. International Statistics at NationMaster.com", CIA World Factbooks 2010, 2011, 2012, 2013. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Catholic-countries/Economy/Budget-surplus/+-or-deficit/--

Catholic countries Compared by Economy > Budget surplus > + or deficit > -

NationMaster

Interesting observations about Economy > Budget surplus > + or deficit > -

  • 98 of the top 189 countries by budget surplus > + or deficit > - are Christian.
  • 2 of the top 4 countries by budget surplus > + or deficit > - are Tourist destination.
  • Kuwait has ranked in the top 3 for budget surplus > + or deficit > - since 2010.
  • Macau has ranked in the top 3 for budget surplus > + or deficit > - since 2010.
  • Qatar has ranked in the top 4 for budget surplus > + or deficit > - since 2010.
  • Brazil ranked first for budget surplus > + or deficit > - amongst Emerging markets in 2012.
  • 21 of the bottom 37 countries by budget surplus > + or deficit > - are Heavily indebted.
  • San Marino has ranked in the top 4 for budget surplus > + or deficit > - since 2009.
  • 25 of the top 89 countries by budget surplus > + or deficit > - are Landlocked.
  • Norway has ranked in the top 5 for budget surplus > + or deficit > - since 2010.
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