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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 -0.6% of GDP (2013 est.)
Albania -6.3% of GDP (2014 est.)
Algeria -4.2% of GDP (2014 est.)
American Samoa -0.3% of GDP (2013 est.)
Andorra -0.3% of GDP (2012)
Angola -4.7% of GDP (2014 est.)
Anguilla -0.5% of GDP (2014 est.)
Antigua and Barbuda 2.7% of GDP (2014 est.)
Argentina -2.5% of GDP (2014 est.)
Armenia -1.7% of GDP (2014 est.)
Aruba -7.4% of GDP (2014 est.)
Australia -1.9% of GDP (2014 est.)
Austria -2.4% of GDP (2014 est.)
Azerbaijan -1.3% of GDP (2014 est.)
Bahamas, The -4.6% of GDP (2014 est.)
Bahrain -3.2% of GDP (2013 est.)
Bangladesh -3.3% of GDP (2014 est.)
Barbados -9.4% of GDP (2014 est.)
Belarus -0.2% of GDP (2014 est.)
Belgium -2.5% of GDP (2014 est.)
Belize -3% of GDP (2014 est.)
Benin -2% of GDP (2014 est.)
Bermuda -5.1% of GDP (20150622_ECON_EFF_DATES
Bhutan -9.9% of GDP (2014 est.)
Bolivia -0.5% of GDP (2014 est.)
Bosnia and Herzegovina -3.5% of GDP (2014 est.)
Botswana 1.7% of GDP (2014 est.)
Brazil 1.2% of GDP (2014 est.)
British Virgin Islands 0% of GDP (2014 est.)
Brunei 14.3% of GDP (2014 est.)
Bulgaria -3% of GDP (2014 est.)
Burkina Faso -3.7% of GDP (2014 est.)
Burma -2.9% of GDP (2014 est.)
Burundi -2.8% of GDP (2014 est.)
Cabo Verde -7.1% of GDP (2014 est.)
Cambodia -4.2% of GDP (2014 est.)
Cameroon -4.4% of GDP (2014 est.)
Canada -2.3% of GDP (2014 est.)
Cayman Islands 1.1% of GDP (2014 est.)
Central African Republic -2.8% of GDP (2014 est.)
Chad -5.2% of GDP (2014 est.)
Chile -2.1% of GDP (2014 est.)
China -1.8% of GDP (2014 est.)
Colombia -1.5% of GDP (2014 est.)
Comoros -1.1% of GDP (2014 est.)
Congo, Democratic Republic of the -0.3% of GDP (2014 est.)
Congo, Republic of the 3.7% of GDP (2014 est.)
Cook Islands 1% of GDP (FY05/06 est.)
Costa Rica -5.5% of GDP (2014 est.)
Cote d'Ivoire -2.8% of GDP (2014 est.)
Croatia -4.3% of GDP (2014 est.)
Cuba -0.1% of GDP (2013 est.)
Curacao -0.4% of GDP (2012 est.)
Cyprus -5% of GDP (2014 est.)
Czech Republic -1.7% of GDP (2014 est.)
Denmark -1.4% of GDP (2014 est.)
Djibouti -5.3% of GDP (2014 est.)
Dominica -7.2% of GDP (2013 est.)
Dominican Republic -2.6% of GDP (2014 est.)
Ecuador -5.2% of GDP (2014 est.)
Egypt -11.8% of GDP (2014 est.)
El Salvador -3.5% of GDP (2014 est.)
Equatorial Guinea -6.9% of GDP (2014 est.)
Eritrea -12.8% of GDP (2014 est.)
Estonia -0.2% of GDP (2014 est.)
Ethiopia -2.9% of GDP (2014 est.)
Falkland Islands (Islas Malvinas) -5% of GDP (FY09/10)
Faroe Islands -11.9% of GDP (2010 est.)
Fiji -1.9% of GDP (2014 est.)
Finland -3.5% of GDP (2014 est.)
France -4.3% of GDP (2014 est.)
French Polynesia 0.8% of GDP (2012)
Gabon -1% of GDP (2014 est.)
Gambia, The -7.1% of GDP (2014 est.)
Georgia -2.8% of GDP (2014 est.)
Germany 0.4% of GDP (2014 est.)
Ghana -9.6% of GDP (2014 est.)
Gibraltar 1.3% of GDP (2008 est.)
Greece -3.4% of GDP (2014 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 (2014 est.)
Guernsey 1.2% of GDP (2005)
Guinea-Bissau -3.4% of GDP (2014 est.)
Guinea -4.3% of GDP (2014 est.)
Guyana -4.5% of GDP (2014 est.)
Haiti -6.6% of GDP (2014 est.)
Holy See (Vatican City) NA%
Honduras -5.1% of GDP (2014 est.)
Hong Kong 0.7% of GDP (2014 est.)
Hungary -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 (2014 est.)
Iceland 0.1% of GDP (2014 est.)
India -5% of GDP (2014 est.)
Indonesia -2.4% of GDP (2014 est.)
Iran -0.7% of GDP (2014 est.)
Iraq 2.9% of GDP (2014 est.)
Ireland -4.6% of GDP (2014 est.)
Isle of Man 0.5% of GDP (FY05/06 est.)
Israel -2.7% of GDP (2014 est.)
Italy -3% of GDP (2014 est.)
Jamaica -0.9% of GDP (2014 est.)
Japan -6.9% of GDP (2014 est.)
Jersey -0.4% of GDP (2005)
Jordan -4.3% of GDP (2014 est.)
Kazakhstan -1.6% of GDP (2014 est.)
Kenya -5.2% of GDP (2014 est.)
Kiribati 11% of GDP (2013 est.)
Korea, North -0.4% of GDP (2007 est.)
Korea, South 0.9% of GDP (2014 est.)
Kosovo -3.6% of GDP (2014 est.)
Kuwait 25.4% of GDP (2014 est.)
Kyrgyzstan -2.3% of GDP (2014 est.)
Laos -4.7% of GDP (2014 est.)
Latvia 0% of GDP (2014 est.)
Lebanon -9.8% of GDP (2014 est.)
Lesotho -1.9% of GDP (2014 est.)
Liberia -4.4% of GDP (2014 est.)
Libya -14.1% of GDP (2014 est.)
Liechtenstein 2.1% of GDP (2012 est.)
Lithuania -1.9% of GDP (2014 est.)
Luxembourg 0.2% of GDP (2014 est.)
Macau 35.5% of GDP (2014 est.)
Macedonia -4% of GDP (2014 est.)
Madagascar -3.3% of GDP (2014 est.)
Malawi -7% of GDP (2014 est.)
Malaysia -3.4% of GDP (2014 est.)
Maldives -4.7% of GDP (2013 est.)
Mali -4.7% of GDP (2014 est.)
Malta -1.9% of GDP (2015 est.)
Marshall Islands 1.5% of GDP (2013 est.)
Mauritania -1.1% of GDP (2014 est.)
Mauritius -3.7% of GDP (2014 est.)
Mexico -3.7% of GDP (2014 est.)
Micronesia, Federated States of 6.3% of GDP (2013 est.)
Moldova -2.9% of GDP (2014 est.)
Monaco -1.1% of GDP (2011 est.)
Mongolia -1.8% of GDP (2014 est.)
Montenegro -1.5% of GDP (2014 est.)
Morocco -5% of GDP (2014 est.)
Mozambique -9.9% of GDP (2014 est.)
Namibia -4.9% of GDP (2014 est.)
Nepal 1.3% of GDP (2014 est.)
Netherlands -2.7% of GDP (2014 est.)
New Caledonia NA% of GDP
New Zealand -0.9% of GDP (2014 est.)
Nicaragua -1.9% of GDP (2014 est.)
Nigeria -2% of GDP (2014 est.)
Niger -12.6% of GDP (2014 est.)
Niue -12.6% of GDP (FY04/05)
Northern Mariana Islands -0.5% of GDP (2013 est.)
Norway 12.5% of GDP (2014 est.)
Oman 3% of GDP (2014 est.)
Pakistan -5.9% of GDP (FY2014 est.)
Palau 4% of GDP (2012 est.)
Panama -4.1% of GDP (2014 est.)
Papua New Guinea -7% of GDP (2014 est.)
Paraguay -1.4% of GDP (2014 est.)
Peru -0.1% of GDP (2014 est.)
Philippines -0.6% of GDP (2014 est.)
Poland -1.5% of GDP (2014 est.)
Portugal -4.8% of GDP (2014 est.)
Puerto Rico -0.1% of GDP (2014 est.)
Qatar 11.2% of GDP (2014 est.)
Romania -1.9% of GDP (2014 est.)
Russia 0.4% of GDP (2014 est.)
Rwanda -3.7% of GDP (2014 est.)
Saint Kitts and Nevis 4.6% of GDP (2014 est.)
Saint Lucia -2.8% of GDP (2011 est.)
Saint Pierre and Miquelon 4.6% of GDP (1996)
Saint Vincent and the Grenadines 0% of GDP (2014 est.)
Samoa -5.2% of GDP (2014 est.)
San Marino -2.9% of GDP (2011 est.)
Sao Tome and Principe -10.2% of GDP (2014 est.)
Saudi Arabia -1.9% of GDP (2014 est.)
Senegal -5.2% of GDP (2014 est.)
Serbia -6.9% of GDP (2014 est.)
Seychelles 1.6% of GDP (2014 est.)
Sierra Leone -3.3% of GDP (2014 est.)
Singapore -0.9% of GDP (2015 est.)
Slovakia -2.9% of GDP (2014 est.)
Slovenia -4% of GDP (2014 est.)
Solomon Islands 0% of GDP (2014 est.)
South Africa -4.4% of GDP (2014 est.)
South Sudan -15.3% of GDP (FY 2013 est.)
Spain -5.6% of GDP (2014 est.)
Sri Lanka -5.8% of GDP (2014 est.)
Sudan -2.6% of GDP (2014 est.)
Suriname -4.3% of GDP (2014 est.)
Svalbard NA% of GDP
Swaziland -1.5% of GDP (2014 est.)
Sweden -2.2% of GDP (2014 est.)
Switzerland 0.3% of GDP (2014 est.)
Syria -5.8% of GDP (2014 est.)
Taiwan -1.2% of GDP (2014 est.)
Tajikistan -0.4% of GDP (2014 est.)
Tanzania -6% of GDP (2014 est.)
Thailand -2.2% of GDP (2014 est.)
Timor-Leste -31% of GDP (2014 est.)
Togo -4.9% of GDP (2014 est.)
Tonga -0.5% of GDP (20150622_ECON_EFF_DATES
Trinidad and Tobago -2.6% of GDP (2014 est.)
Tunisia -6.4% of GDP (2014 est.)
Turkey -2.4% of GDP (2014 est.)
Turkmenistan 0.8% of GDP (2014 est.)
Tuvalu 26.2% of GDP (2013 est.)
Uganda -3.8% of GDP (2014 est.)
Ukraine -5% of GDP (2014 est.)
United Arab Emirates 5.9% of GDP (2014 est.)
United Kingdom -6% of GDP (2014 est.)
United States -2.8% of GDP (2014 est.)
Uruguay -3.4% of GDP (2014 est.)
Uzbekistan -1% of GDP (2014 est.)
Vanuatu -1.9% of GDP (2014 est.)
Venezuela -29.4% of GDP (2014 est.)
Vietnam -4.6% of GDP (2014 est.)
Virgin Islands NA%
Wallis and Futuna NA%
West Bank -23.1% of GDP (2014 est.)
Western Sahara NA%
World -2.5% of GDP (2014 est.)
Yemen -9% of GDP (2014 est.)
Zambia -5.9% of GDP (2014 est.)
Zimbabwe -6.4% of GDP (2014)
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