Emerging markets 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 | Brazil | 2.4% of GDP | 2012 | ||
2 | Peru | 2.2% of GDP | 2012 | ||
=3 | Colombia | 0.5% of GDP | 2012 | ||
=3 | Chile | 0.5% of GDP | 2012 | ||
5 | Latvia | 0.1% of GDP | 2012 | ||
6 | Russia | -0.1% of GDP | 2012 | ||
7 | Estonia | -0.3% of GDP | 2012 | ||
8 | Bulgaria | -0.5% of GDP | 2012 | ||
9 | China | -1.7% of GDP | 2012 | ||
10 | Poland | -1.9% of GDP | 2012 | ||
=11 | Hungary | -2.1% of GDP | 2013 | ||
=11 | Turkey | -2.1% of GDP | 2012 | ||
=11 | Indonesia | -2.1% of GDP | 2012 | ||
14 | Philippines | -2.3% of GDP | 2012 | ||
15 | Romania | -2.5% of GDP | 2012 | ||
16 | Argentina | -2.6% of GDP | 2012 | ||
17 | Mexico | -2.7% of GDP | 2012 | ||
18 | Lithuania | -3.4% of GDP | 2012 | ||
=19 | Thailand | -4.4% of GDP | 2012 | ||
=19 | Ukraine | -4.4% of GDP | 2012 | ||
21 | Malaysia | -4.5% of GDP | 2012 | ||
22 | South Africa | -4.8% of GDP | 2012 | ||
23 | India | -5% of GDP | 2012 | ||
24 | Pakistan | -6.6% of GDP | 2012 | ||
25 | Venezuela | -14.8% of GDP | 2012 |