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Former British colonies 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 Kuwait 31.7% of GDP 2012
2 Qatar 14.4% of GDP 2012
3 Brunei 13.4% of GDP 2012
4 United Arab Emirates 7.2% of GDP 2012
5 Lesotho 5% of GDP 2012
6 Saint Kitts and Nevis 3.6% of GDP 2012
7 Singapore 2.1% of GDP 2012
8 Botswana 0.8% of GDP 2012
9 Swaziland 0.3% of GDP 2012
10 Belize 0.0 2012
11 Antigua and Barbuda -0.8% of GDP 2012
12 Trinidad and Tobago -1.1% of GDP 2012
=13 Fiji -1.7% of GDP 2012
=13 Bhutan -1.7% of GDP 2012
15 Nigeria -2.1% of GDP 2012
16 Bahrain -2.3% of GDP 2012
=17 Saint Lucia -2.8% of GDP 2011
=17 Namibia -2.8% of GDP 2012
19 Uganda -2.9% of GDP 2012
20 Canada -3.3% of GDP 2012
21 Australia -3.4% of GDP 2012
=22 Tuvalu -3.8% of GDP 2006
=22 New Zealand -3.8% of GDP 2012
24 Israel -4% of GDP 2012
=25 Tanzania -4.1% of GDP 2012
=25 Burma -4.1% of GDP 2012
27 Jamaica -4.2% of GDP 2012
=28 Malaysia -4.5% of GDP 2012
=28 The Gambia -4.5% of GDP 2012
30 Bangladesh -4.7% of GDP 2012
31 Zambia -4.9% of GDP 2012
=32 India -5% of GDP 2012
=32 Guyana -5% of GDP 2012
34 Kenya -5.1% of GDP 2012
35 Grenada -5.2% of GDP 2009
36 Sierra Leone -5.3% of GDP 2012
37 The Bahamas -6.2% of GDP 2012
38 Sri Lanka -6.5% of GDP 2012
39 Pakistan -6.6% of GDP 2012
40 United States -6.8% of GDP 2012
41 Yemen -7.2% of GDP 2012
42 Malawi -7.9% of GDP 2012
43 Barbados -8.1% of GDP 2012
44 Sudan -8.6% of GDP 2012
45 Jordan -9.8% of GDP 2012
46 Egypt -10.9% of GDP 2012
47 Ghana -12.2% of GDP 2012
48 Dominica -12.4% of GDP 2012
49 Maldives -13.4% 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/Former-British-colonies/Economy/Budget-surplus/+-or-deficit/--

Former British colonies 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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