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Cold 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 Greenland 1.9% of GDP 2010
3 Tajikistan 1.4% of GDP 2012
4 Belarus 0.7% of GDP 2012
5 Chile 0.5% of GDP 2012
=6 Latvia 0.1% of GDP 2012
=6 Switzerland 0.1% of GDP 2012
=6 Germany 0.1% of GDP 2012
9 Russia -0.1% of GDP 2012
10 Estonia -0.3% of GDP 2012
11 North Korea -0.4% of GDP 2007
12 Sweden -0.7% of GDP 2012
13 Luxembourg -0.8% of GDP 2012
=14 Andorra -1.4% of GDP 2011
=14 Austria -1.4% of GDP 2012
=16 Liechtenstein -1.6% of GDP 2011
=16 Armenia -1.6% of GDP 2012
=18 China -1.7% of GDP 2012
=18 Bhutan -1.7% of GDP 2012
20 Poland -1.9% of GDP 2012
21 Hungary -2.1% of GDP 2013
22 Finland -2.3% of GDP 2012
23 Romania -2.5% of GDP 2012
=24 Bosnia and Herzegovina -2.9% of GDP 2012
=24 Kazakhstan -2.9% of GDP 2012
26 Georgia -3.1% of GDP 2012
27 Slovenia -3.2% of GDP 2012
28 Canada -3.3% of GDP 2012
29 Lithuania -3.4% of GDP 2012
30 Iceland -3.5% of GDP 2012
31 Republic of Macedonia -3.9% of GDP 2012
32 Denmark -4.1% of GDP 2012
33 Belgium -4.2% of GDP 2012
=34 Ukraine -4.4% of GDP 2012
=34 Slovakia -4.4% of GDP 2012
36 Czech Republic -4.5% of GDP 2012
37 Falkland Islands (Islas Malvinas) -5% of GDP 2010
38 Kyrgyzstan -6% of GDP 2012
39 Nepal -6.4% of GDP 2012
40 United States -6.8% of GDP 2012
41 Ireland -7.6% of GDP 2012
42 United Kingdom -8.2% of GDP 2012
43 Mongolia -8.5% 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/Cold-countries/Economy/Budget-surplus/+-or-deficit/--

Cold 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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