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Economy > Budget surplus > + or deficit > -: Countries Compared

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 Libya 27.7% of GDP 2012
3 Macau 25.6% of GDP 2012
4 Qatar 14.4% of GDP 2012
5 Norway 14% of GDP 2012
6 Brunei 13.4% of GDP 2012
7 Saudi Arabia 13.1% of GDP 2012
OPEC countries average (profile) 7.57% of GDP 2012
8 United Arab Emirates 7.2% of GDP 2012
9 Iraq 7% of GDP 2012
10 Congo, Republic of the 6.5% of GDP 2012
11 Angola 6.2% of GDP 2012
12 Lesotho 5% of GDP 2012
13 Saint Pierre and Miquelon 4.6% of GDP 2013
14 French Polynesia 3.9% of GDP 1999
15 Saint Kitts and Nevis 3.6% of GDP 2012
16 Hong Kong 3.1% of GDP 2012
17 Mauritania 2.9% of GDP 2012
=18 Montenegro 2.4% of GDP 2012
=18 Brazil 2.4% of GDP 2012
=20 Peru 2.2% of GDP 2012
=20 Seychelles 2.2% of GDP 2012
=22 Gibraltar 2.1% of GDP 2008
=22 Singapore 2.1% of GDP 2012
=24 Gabon 2% of GDP 2012
=24 Solomon Islands 2% of GDP 2012
26 Greenland 1.9% of GDP 2010
27 Bolivia 1.8% of GDP 2012
28 Federated States of Micronesia 1.6% of GDP 2011
Middle Eastern and North Africa average (profile) 1.52% of GDP 2012
=29 South Korea 1.5% of GDP 2012
=29 Comoros 1.5% of GDP 2012
=31 Turkmenistan 1.4% of GDP 2012
=31 Tajikistan 1.4% of GDP 2012
33 Guernsey 1.2% of GDP 2005
34 Cook Islands 1% of GDP 2006
35 Botswana 0.8% of GDP 2012
36 Belarus 0.7% of GDP 2012
=37 Isle of Man 0.5% of GDP 2006
=37 Colombia 0.5% of GDP 2012
=37 Chile 0.5% of GDP 2012
40 Marshall Islands 0.4% of GDP 2009
=41 Swaziland 0.3% of GDP 2012
=41 Azerbaijan 0.3% of GDP 2012
43 Uzbekistan 0.2% of GDP 2012
=44 Latvia 0.1% of GDP 2012
=44 Switzerland 0.1% of GDP 2012
=44 Germany 0.1% of GDP 2012
=47 Belize 0.0 2012
=47 Tonga 0.0 2012
=47 British Virgin Islands 0.0 2012
50 Russia -0.1% of GDP 2012
51 Nicaragua -0.2% of GDP 2012
=52 Estonia -0.3% of GDP 2012
=52 Oman -0.3% of GDP 2012
=54 Jersey -0.4% of GDP 2005
=54 North Korea -0.4% of GDP 2007
=56 Benin -0.5% of GDP 2012
=56 Bulgaria -0.5% of GDP 2012
=58 Central African Republic -0.7% of GDP 2012
=58 Sweden -0.7% of GDP 2012
=60 Luxembourg -0.8% of GDP 2012
=60 Antigua and Barbuda -0.8% of GDP 2012
62 Equatorial Guinea -0.9% of GDP 2012
Muslim countries average (profile) -0.964% of GDP 2012
63 Saint Vincent and the Grenadines -1% of GDP 2012
=64 Ecuador -1.1% of GDP 2012
=64 Rwanda -1.1% of GDP 2012
=64 Trinidad and Tobago -1.1% of GDP 2012
67 Mali -1.2% of GDP 2012
68 Monaco -1.3% of GDP 2011
Former Soviet republics average (profile) -1.32% of GDP 2012
=69 Andorra -1.4% of GDP 2011
=69 Laos -1.4% of GDP 2012
=69 Austria -1.4% of GDP 2012
72 San Marino -1.5% of GDP 2011
=73 East Timor -1.6% of GDP 2012
=73 Liechtenstein -1.6% of GDP 2011
=73 Papua New Guinea -1.6% of GDP 2012
=73 Armenia -1.6% of GDP 2012
=77 Madagascar -1.7% of GDP 2012
=77 Fiji -1.7% of GDP 2012
=77 Paraguay -1.7% of GDP 2012
=77 China -1.7% of GDP 2012
=77 Bhutan -1.7% of GDP 2012
Hot countries average (profile) -1.736% of GDP 2012
=82 Mauritius -1.8% of GDP 2012
=82 Chad -1.8% of GDP 2012
=84 Vanuatu -1.9% of GDP 2012
=84 Poland -1.9% of GDP 2012
=86 Turkey -2.1% of GDP 2012
=86 Indonesia -2.1% of GDP 2012
=86 Panama -2.1% of GDP 2012
=86 Nigeria -2.1% of GDP 2012
=86 Moldova -2.1% of GDP 2012
=86 Hungary -2.1% of GDP 2013
Religious countries average (profile) -2.152% of GDP 2012
=92 Bahrain -2.3% of GDP 2012
=92 Finland -2.3% of GDP 2012
=92 Philippines -2.3% of GDP 2012
=92 New Caledonia -2.3% of GDP 2001
Cold countries average (profile) -2.316% of GDP 2012
Eastern Europe average (profile) -2.358% of GDP 2012
=96 Palau -2.4% of GDP 2010
=96 Suriname -2.4% of GDP 2010
=96 Guatemala -2.4% of GDP 2012
=96 Iran -2.4% of GDP 2012
=100 Bermuda -2.5% of GDP 2012
=100 Romania -2.5% of GDP 2012
=100 Democratic Republic of the Congo -2.5% of GDP 2012
Emerging markets average (profile) -2.548% of GDP 2012
Former British colonies average (profile) -2.596% of GDP 2012
=103 Taiwan -2.6% of GDP 2012
=103 Argentina -2.6% of GDP 2012
Former Spanish colonies average (profile) -2.645% of GDP 2012
=105 Ethiopia -2.7% of GDP 2012
=105 Liberia -2.7% of GDP 2012
=105 Mexico -2.7% of GDP 2012
=105 Cayman Islands -2.7% of GDP 2012
=105 Niger -2.7% of GDP 2012
=105 Tunisia -2.7% of GDP 2012
Europe average (profile) -2.78% of GDP 2012
=111 Saint Lucia -2.8% of GDP 2011
=111 Uruguay -2.8% of GDP 2012
=111 Djibouti -2.8% of GDP 2012
=111 Namibia -2.8% of GDP 2012
Non-religious countries average (profile) -2.838% of GDP 2012
=115 Bosnia and Herzegovina -2.9% of GDP 2012
=115 Italy -2.9% of GDP 2012
=115 Cambodia -2.9% of GDP 2012
=115 Uganda -2.9% of GDP 2012
=115 Kazakhstan -2.9% of GDP 2012
=120 Guam -3% of GDP 2011
=120 Guinea-Bissau -3% of GDP 2012
Potential Future EU Members average (profile) -3% of GDP 2012
NATO countries average (profile) -3.022% of GDP 2012
Sub-Saharan Africa average (profile) -3.051% of GDP 2012
Christian countries average (profile) -3.076% of GDP 2012
=122 Georgia -3.1% of GDP 2012
=122 Puerto Rico -3.1% of GDP 2000
Latin America and Caribbean average (profile) -3.156% of GDP 2012
=124 Burkina Faso -3.2% of GDP 2012
=124 Slovenia -3.2% of GDP 2012
High income OECD countries average (profile) -3.281% of GDP 2012
=126 Canada -3.3% of GDP 2012
=126 Croatia -3.3% of GDP 2012
=128 Guinea -3.4% of GDP 2012
=128 Australia -3.4% of GDP 2012
=128 Lithuania -3.4% of GDP 2012
=128 Albania -3.4% of GDP 2012
=128 Malta -3.4% of GDP 2012
Former French colonies average (profile) -3.412% of GDP 2012
=133 El Salvador -3.5% of GDP 2012
=133 Cote d'Ivoire -3.5% of GDP 2012
=133 Iceland -3.5% of GDP 2012
136 Cameroon -3.6% of GDP 2012
failed states average (profile) -3.623% of GDP 2012
=137 Cuba -3.7% of GDP 2012
=137 Togo -3.7% of GDP 2012
European Union average (profile) -3.754% of GDP 2012
Catholic countries average (profile) -3.757% of GDP 2012
=139 Tuvalu -3.8% of GDP 2006
=139 New Zealand -3.8% of GDP 2012
=139 Burundi -3.8% of GDP 2012
142 Republic of Macedonia -3.9% of GDP 2012
Landlocked countries average (profile) -3.955% of GDP 2010
143 Israel -4% of GDP 2012
Eurozone average (profile) -4.072% of GDP 2012
=144 Netherlands -4.1% of GDP 2012
=144 Tanzania -4.1% of GDP 2012
=144 Denmark -4.1% of GDP 2012
=144 Burma -4.1% of GDP 2012
=148 Jamaica -4.2% of GDP 2012
=148 Vietnam -4.2% of GDP 2012
=148 Mozambique -4.2% of GDP 2012
=148 Belgium -4.2% of GDP 2012
South and Central Asia average (profile) -4.375% of GDP 2012
=152 Slovakia -4.4% of GDP 2012
=152 Thailand -4.4% of GDP 2012
=152 Ukraine -4.4% of GDP 2012
=155 Malaysia -4.5% of GDP 2012
=155 Costa Rica -4.5% of GDP 2012
=155 The Gambia -4.5% of GDP 2012
=155 Samoa -4.5% of GDP 2012
=155 Czech Republic -4.5% of GDP 2012
=160 Bangladesh -4.7% of GDP 2012
=160 Algeria -4.7% of GDP 2012
162 South Africa -4.8% of GDP 2012
=163 France -4.9% of GDP 2012
=163 Zambia -4.9% of GDP 2012
=165 Kosovo -5% of GDP 2011
=165 Falkland Islands (Islas Malvinas) -5% of GDP 2010
=165 Anguilla -5% of GDP 2012
=165 India -5% of GDP 2012
=165 Guyana -5% of GDP 2012
170 Kenya -5.1% of GDP 2012
Group of 7 countries (G7) average (profile) -5.143% of GDP 2012
171 Grenada -5.2% of GDP 2009
172 Sierra Leone -5.3% of GDP 2012
South Asia average (profile) -5.34% of GDP 2012
Heavily indebted countries average (profile) -5.754% of GDP 2012
173 Senegal -5.9% of GDP 2012
=174 Haiti -6% of GDP 2012
=174 Kyrgyzstan -6% of GDP 2012
=174 Honduras -6% of GDP 2012
177 American Samoa -6.1% of GDP 2007
178 The Bahamas -6.2% of GDP 2012
=179 Nepal -6.4% of GDP 2012
=179 Cyprus -6.4% of GDP 2012
=181 Portugal -6.5% of GDP 2012
=181 Sri Lanka -6.5% of GDP 2012
=183 Dominican Republic -6.6% of GDP 2012
=183 Pakistan -6.6% of GDP 2012
185 United States -6.8% of GDP 2012
186 Yemen -7.2% of GDP 2012
=187 Ireland -7.6% of GDP 2012
=187 Serbia -7.6% of GDP 2012
=189 Malawi -7.9% of GDP 2012
=189 Northern Mariana Islands -7.9% of GDP 2011
191 Barbados -8.1% of GDP 2012
192 United Kingdom -8.2% of GDP 2012
193 Morocco -8.4% of GDP 2012
194 Mongolia -8.5% of GDP 2012
195 Sudan -8.6% of GDP 2012
196 Afghanistan -8.7% of GDP 2012
197 Lebanon -9.6% of GDP 2012
=198 Jordan -9.8% of GDP 2012
=198 Aruba -9.8% of GDP 2012
200 Japan -10% of GDP 2012
201 Greece -10.2% of GDP 2012
=202 Sao Tome and Principe -10.9% of GDP 2012
=202 Spain -10.9% of GDP 2012
=202 Egypt -10.9% of GDP 2012
205 Syria -11.4% of GDP 2012
206 Faroe Islands -11.9% of GDP 2010
207 Cape Verde -12.1% of GDP 2012
208 Ghana -12.2% of GDP 2012
209 Dominica -12.4% of GDP 2012
=210 Niue -12.6% of GDP 2005
=210 Eritrea -12.6% of GDP 2012
212 Maldives -13.4% of GDP 2012
213 Venezuela -14.8% of GDP 2012
214 West Bank -16.6% of GDP 2011
215 Kiribati -29.9% of GDP 2010

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/stats/Economy/Budget-surplus/+-or-deficit/--

Economy > Budget surplus > + or deficit > -: Countries Compared Map

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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