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Former Soviet republics 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 Tajikistan 1.4% of GDP 2012
=1 Turkmenistan 1.4% of GDP 2012
3 Belarus 0.7% of GDP 2012
4 Azerbaijan 0.3% of GDP 2012
5 Uzbekistan 0.2% of GDP 2012
6 Latvia 0.1% of GDP 2012
7 Russia -0.1% of GDP 2012
8 Estonia -0.3% of GDP 2012
9 Armenia -1.6% of GDP 2012
10 Moldova -2.1% of GDP 2012
11 Kazakhstan -2.9% of GDP 2012
12 Georgia -3.1% of GDP 2012
13 Lithuania -3.4% of GDP 2012
14 Ukraine -4.4% of GDP 2012
15 Kyrgyzstan -6% 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-Soviet-republics/Economy/Budget-surplus/+-or-deficit/--

Former Soviet republics 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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