×

Heavily indebted 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 Saint Kitts and Nevis 3.6% of GDP 2012
2 Seychelles 2.2% of GDP 2012
3 Singapore 2.1% of GDP 2012
4 Germany 0.1% of GDP 2012
5 Belize 0.0 2012
6 Antigua and Barbuda -0.8% of GDP 2012
7 Saint Vincent and the Grenadines -1% of GDP 2012
8 Austria -1.4% of GDP 2012
9 Hungary -2.1% of GDP 2013
10 Saint Lucia -2.8% of GDP 2011
11 Italy -2.9% of GDP 2012
12 Puerto Rico -3.1% of GDP 2000
13 Canada -3.3% of GDP 2012
14 Malta -3.4% of GDP 2012
15 Iceland -3.5% of GDP 2012
16 Israel -4% of GDP 2012
17 Netherlands -4.1% of GDP 2012
=18 Belgium -4.2% of GDP 2012
=18 Jamaica -4.2% of GDP 2012
20 France -4.9% of GDP 2012
21 Grenada -5.2% of GDP 2009
22 Cyprus -6.4% of GDP 2012
=23 Portugal -6.5% of GDP 2012
=23 Sri Lanka -6.5% of GDP 2012
25 United States -6.8% of GDP 2012
=26 Ireland -7.6% of GDP 2012
=26 Serbia -7.6% of GDP 2012
28 Malawi -7.9% of GDP 2012
29 Barbados -8.1% of GDP 2012
30 United Kingdom -8.2% of GDP 2012
31 Morocco -8.4% of GDP 2012
32 Sudan -8.6% of GDP 2012
33 Lebanon -9.6% of GDP 2012
34 Jordan -9.8% of GDP 2012
35 Japan -10% of GDP 2012
36 Greece -10.2% of GDP 2012
=37 Sao Tome and Principe -10.9% of GDP 2012
=37 Egypt -10.9% of GDP 2012
=37 Spain -10.9% of GDP 2012
40 Cape Verde -12.1% of GDP 2012
41 Dominica -12.4% of GDP 2012
42 Eritrea -12.6% 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/Heavily-indebted-countries/Economy/Budget-surplus/+-or-deficit/--

Heavily indebted 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.
Follow us on Facebook to get interesting stats: