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FIELD LISTING :: BUDGET SURPLUS (+) OR DEFICIT (-) Print
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.


Country Comparison to the World

CountryBUDGET SURPLUS (+) OR DEFICIT (-)(% OF GDP)
Afghanistan -23.7% of GDP (2015 est.)
Albania -4.8% of GDP (2015 est.)
Algeria -11.2% of GDP (2015 est.)
American Samoa -0.3% of GDP (2013 est.)
Andorra -0.3% of GDP (2012)
Angola -6.3% of GDP (2015 est.)
Anguilla -4.1% of GDP (2015 est.)
Antigua and Barbuda 3% of GDP (2015 est.)
Argentina -4.7% of GDP (2015 est.)
Armenia -2.9% of GDP (2015 est.)
Aruba -7.6% of GDP (2015 est.)
Australia -2.1% of GDP (2015 est.)
Austria -2.1% of GDP (2015 est.)
Azerbaijan -2.7% of GDP (2015 est.)
Bahamas, The -2.3% of GDP (2015 est.)
Bahrain -13.3% of GDP (2015 est.)
Bangladesh -3% of GDP (2015 est.)
Barbados -5.6% of GDP (2015 est.)
Belarus -0.3% of GDP (2015 est.)
Belgium -2.7% of GDP (2015 est.)
Belize -2.8% of GDP (2015 est.)
Benin -1.7% of GDP (2015 est.)
Bermuda -4% of GDP (2015 est.)
Bhutan -3.2% of GDP (2015 est.)
Bolivia -5.2% of GDP (2015 est.)
Bosnia and Herzegovina -2.3% of GDP (2015 est.)
Botswana -3.6% of GDP (2015 est.)
Brazil -0.6% of GDP (2015 est.)
British Virgin Islands 0% of GDP (2015 est.)
Brunei -9.1% of GDP (2015 est.)
Bulgaria -2.8% of GDP (2015 est.)
Burkina Faso -2.6% of GDP (2015 est.)
Burma -2.7% of GDP (2015 est.)
Burundi -5.1% of GDP (2015 est.)
Cabo Verde -7.1% of GDP (2015 est.)
Cambodia -2.3% of GDP (2015 est.)
Cameroon -4.8% of GDP (2015 est.)
Canada -1.9% of GDP (2015 est.)
Cayman Islands 1.8% of GDP (2015 est.)
Central African Republic -2.6% of GDP (2015 est.)
Chad -3.7% of GDP (2015 est.)
Chile -3.3% of GDP (2015 est.)
China -2.6% of GDP (2015 est.)
Colombia -2.3% of GDP (2015 est.)
Comoros -3% of GDP (2015 est.)
Congo, Democratic Republic of the -1.9% of GDP (2015 est.)
Congo, Republic of the -9.6% of GDP (2015 est.)
Cook Islands 3.7% of GDP (2010 est.)
Costa Rica -6.1% of GDP (2015 est.)
Cote d'Ivoire -3.7% of GDP (2015 est.)
Croatia -5% of GDP (2015 est.)
Cuba -0.3% of GDP (2015 est.)
Curacao -0.4% of GDP (2012 est.)
Cyprus -1% of GDP (2015 est.)
Czech Republic -1.8% of GDP (2015 est.)
Denmark -3.2% of GDP (2015 est.)
Djibouti -11.8% of GDP (2015 est.)
Dominica 0% of GDP (2015 est.)
Dominican Republic -1.6% of GDP (2015 est.)
Ecuador -4.8% of GDP (2015 est.)
Egypt -12.2% of GDP (2015 est.)
El Salvador -3.1% of GDP (2015 est.)
Equatorial Guinea -5.9% of GDP (2015 est.)
Eritrea -13.4% of GDP (2015 est.)
Estonia 0.1% of GDP (2015 est.)
Ethiopia -3.3% of GDP (2015 est.)
European Union -3% of GDP
Falkland Islands (Islas Malvinas) -5% of GDP (FY09/10)
Faroe Islands -11.9% of GDP (2010 est.)
Fiji -2.1% of GDP (2015 est.)
Finland -2.5% of GDP (2015 est.)
France -4% of GDP (2015 est.)
French Polynesia 0.8% of GDP (2012)
Gabon -2.8% of GDP (2015 est.)
Gambia, The -12.8% of GDP (2015 est.)
Georgia -3.2% of GDP (2015 est.)
Germany 0.9% of GDP (2015 est.)
Ghana -7.2% of GDP (2015 est.)
Gibraltar 1.3% of GDP (2008 est.)
Greece -1.9% of GDP (2015 est.)
Greenland 1.9% of GDP (2010)
Grenada -4.1% of GDP (2012 est.)
Guam -0.9% of GDP (2013 est.)
Guatemala -2.3% of GDP (2015 est.)
Guernsey 1.2% of GDP (2005)
Guinea-Bissau -2.9% of GDP (2015 est.)
Guinea -8.3% of GDP (2015 est.)
Guyana -4.2% of GDP (2015 est.)
Haiti -4.3% of GDP (2015 est.)
Holy See (Vatican City) NA%
Honduras -3.8% of GDP (2015 est.)
Hong Kong 0.3% of GDP (2015 est.)
Hungary -2.3% of GDP
note: Hungary has been under the EU Excessive Deficit Procedure since it joined the EU in 2004; in March 2012 the EU elevated its Excessive Deficit Procedure against Hungary and proposed freezing 30% of the country's Cohesion Funds because 2011 deficit reductions were not achieved in a sustainable manner; in June 2012, the EU lifted the freeze, recognizing that steps had been taken to reduce the deficit; the latest EC forecasts project the Hungarian deficit to increase above 3% both in 2013 and in 2014 due to sluggish growth and the government's fiscal tightening (2016 est.)
Iceland 0.2% of GDP (2015 est.)
India -4.1% of GDP (2015 est.)
Indonesia -2.2% of GDP (2015 est.)
Iran -3.5% of GDP (2015 est.)
Iraq -15.4% of GDP (2015 est.)
Ireland -2.5% of GDP (2015 est.)
Isle of Man 0.5% of GDP (FY05/06 est.)
Israel -2% of GDP (2015 est.)
Italy -3% of GDP (2015 est.)
Jamaica -0.8% of GDP (2015 est.)
Japan -6.5% of GDP (2015 est.)
Jersey -0.4% of GDP (2005)
Jordan -6% of GDP (2015 est.)
Kazakhstan -2% of GDP (2015 est.)
Kenya -6.3% of GDP (2015 est.)
Kiribati 11% of GDP (2013 est.)
Korea, North -0.4% of GDP (2007 est.)
Korea, South -0.2% of GDP (2015 est.)
Kosovo -3.4% of GDP (2014 est.)
Kuwait -4.4% of GDP (2015 est.)
Kyrgyzstan -1.2% of GDP (2015 est.)
Laos -5% of GDP (2015 est.)
Latvia -1.1% of GDP (2015 est.)
Lebanon -7.8% of GDP (2015 est.)
Lesotho -4.7% of GDP (2015 est.)
Liberia -6.3% of GDP (2015 est.)
Libya -49.3% of GDP (2015 est.)
Liechtenstein 2.1% of GDP (2012 est.)
Lithuania -1.6% of GDP (2015 est.)
Luxembourg 0% of GDP (2015 est.)
Macau 14.9% of GDP (2015 est.)
Macedonia -3.7% of GDP (2015 est.)
Madagascar -3.3% of GDP (2015 est.)
Malawi -3.1% of GDP (2015 est.)
Malaysia -3.6% of GDP (2015 est.)
Maldives -6% of GDP (2016 est.)
Mali -3.2% of GDP (2015 est.)
Malta 6.6% of GDP (2015 est.)
Marshall Islands 1.4% of GDP (2013 est.)
Mauritania -3.1% of GDP (2015 est.)
Mauritius -3.4% of GDP (2015 est.)
Mexico -3.5% of GDP (2015 est.)
Micronesia, Federated States of 7.1% of GDP (FY12/13 est.)
Moldova -2.3% of GDP (2015 est.)
Monaco -1.1% of GDP (2011 est.)
Mongolia -7.3% of GDP (2015 est.)
Montenegro -1.8% of GDP (2014 est.)
Morocco -4.4% of GDP (2015 est.)
Mozambique -7% of GDP (2015 est.)
Namibia -5.6% of GDP (2015 est.)
Nepal 0.2% of GDP (2015 est.)
Netherlands -2% of GDP (2015 est.)
New Caledonia NA% of GDP
New Zealand 0.1% of GDP (2015 est.)
Nicaragua -3.8% of GDP (2015 est.)
Nigeria -1.4% of GDP (2015 est.)
Niger -2.9% of GDP (2015 est.)
Niue -12.6% of GDP (FY04/05)
Northern Mariana Islands -0.3% of GDP (2013 est.)
Norway 6.6% of GDP (2015 est.)
Oman -10.8% of GDP (2015 est.)
Pakistan -5.8% of GDP (FY2015 est.)
Palau 10% of GDP (2012 est.)
Panama -2.6% of GDP (2015 est.)
Papua New Guinea -8.3% of GDP (2015 est.)
Paraguay -3.2% of GDP (2015 est.)
Peru -0.6% of GDP (2015 est.)
Philippines -0.4% of GDP (2015 est.)
Poland -1.8% of GDP (2015 est.)
Portugal -3.5% of GDP (2015 est.)
Puerto Rico -0.8% of GDP (2015 est.)
Qatar 4.5% of GDP (2015 est.)
Romania -1.5% of GDP (2015 est.)
Russia -2.9% of GDP (2015 est.)
Rwanda -4.7% of GDP (2015 est.)
Saint Kitts and Nevis 4.2% of GDP (2015 est.)
Saint Lucia -2.6% of GDP (2011 est.)
Saint Pierre and Miquelon 4.6% of GDP (1996 est.)
Saint Vincent and the Grenadines -4.8% of GDP (2015 est.)
Samoa 0% of GDP (2015 est.)
San Marino -2.9% of GDP (2011 est.)
Sao Tome and Principe -5.2% of GDP (2015 est.)
Saudi Arabia -18.3% of GDP (2015 est.)
Senegal -4.6% of GDP (2015 est.)
Serbia -4.1% of GDP (2015 est.)
Seychelles 4% of GDP (2015 est.)
Sierra Leone -4.5% of GDP (2015 est.)
Singapore -0.5% of GDP (2015 est.)
Slovakia -2.5% of GDP (2015 est.)
Slovenia -1% of GDP (2015 est.)
Solomon Islands -2.1% of GDP (2015 est.)
Somalia -0.1% of GDP (2014 est.)
South Africa -4.4% of GDP (2015 est.)
South Sudan -14.1% of GDP (FY 2013 est.)
Spain -4.4% of GDP (2015 est.)
Sri Lanka -7% of GDP (2015 est.)
Sudan -3.8% of GDP (2015 est.)
Suriname -7.8% of GDP (2015 est.)
Svalbard NA% of GDP
Swaziland -2.6% of GDP (2015 est.)
Sweden -1.1% of GDP (2015 est.)
Switzerland 0.2% of GDP (2015 est.)
Syria -7.3% of GDP (2016 est.)
Taiwan -1% of GDP (2015 est.)
Tajikistan -0.6% of GDP (2015 est.)
Tanzania -3.5% of GDP (2015 est.)
Thailand -2.4% of GDP (2015 est.)
Timor-Leste -42.5% of GDP (2015 est.)
Togo -4% of GDP (2015 est.)
Tonga 0% of GDP (2015 est.)
Trinidad and Tobago -3.8% of GDP (2015 est.)
Tunisia -4.3% of GDP (2015 est.)
Turkey -1.7% of GDP (2015 est.)
Turkmenistan -0.5% of GDP (2015 est.)
Tuvalu 30.1% of GDP (2013 est.)
Uganda -4.2% of GDP (2015 est.)
Ukraine -4.4% of GDP (2015 est.)
United Arab Emirates -2.9% of GDP (2015 est.)
United Kingdom -4.5% of GDP (2015 est.)
United States -2.4% of GDP (2015 est.)
Uruguay -3.2% of GDP (2015 est.)
Uzbekistan -1.4% of GDP (2015 est.)
Vanuatu -5.4% of GDP (2015 est.)
Venezuela -109.9% of GDP (2015 est.)
Vietnam -3.9% of GDP (2015 est.)
Virgin Islands -6.5% of GDP (2013)
Wallis and Futuna NA%
West Bank -13.5% of GDP (2014 est.)
Western Sahara NA%
World -3% of GDP (2015 est.)
Yemen -8.6% of GDP (2015 est.)
Zambia -6.3% of GDP (2015 est.)
Zimbabwe -6.4% of GDP (2014)
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