FIELD LISTING :: BUDGET SURPLUS (+) OR DEFICIT (-)
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 -25.2% of GDP (2016 est.)
Albania -2.8% of GDP (2016 est.)
Algeria -13.3% of GDP (2016 est.)
American Samoa -0.3% of GDP (2013 est.)
Andorra -6.9% of GDP (2016)
Angola -6.8% of GDP (2016 est.)
Anguilla 4.8% of GDP (2016 est.)
Antigua and Barbuda -1.7% of GDP (2016 est.)
Argentina -4.8% of GDP (2016 est.)
Armenia -4.9% of GDP (2016 est.)
Aruba -2.2% of GDP (2016 est.)
Australia -2.1% of GDP (2016 est.)
Austria -1.5% of GDP (2016 est.)
Azerbaijan -3.3% of GDP (2016 est.)
Bahamas, The -4.4% of GDP (2016 est.)
Bahrain -13.9% of GDP (2016 est.)
Bangladesh -5.1% of GDP (2016 est.)
Barbados -6.7% of GDP (2016 est.)
Belarus 0.6% of GDP (2016 est.)
Belgium -2.7% of GDP (2016 est.)
Belize -8.5% of GDP (2016 est.)
Benin -4.9% of GDP (2016 est.)
Bermuda -3.7% of GDP (2016 est.)
Bhutan -3% of GDP (2016 est.)
Bolivia -6.6% of GDP (2016 est.)
Bosnia and Herzegovina -1.8% of GDP (2016 est.)
Botswana -0.7% of GDP (2016 est.)
Brazil 2.8% of GDP (2016 est.)
British Virgin Islands 0% of GDP (2016 est.)
Brunei -15.9% of GDP (2016 est.)
Bulgaria 1.6% of GDP (2016 est.)
Burkina Faso -2.8% of GDP (2016 est.)
Burma -3% of GDP (2016 est.)
Burundi -4.8% of GDP (2016 est.)
Cabo Verde -4.3% of GDP (2016 est.)
Cambodia -0.9% of GDP (2016 est.)
Cameroon -5.6% of GDP (2016 est.)
Canada -2.5% of GDP (2016 est.)
Cayman Islands 5.2% of GDP (2016 est.)
Central African Republic -4.4% of GDP (2016 est.)
Chad -5.1% of GDP (2016 est.)
Chile -2.6% of GDP (2016 est.)
China -3% of GDP (2016 est.)
Colombia -3.6% of GDP (2016 est.)
Comoros -3.3% of GDP (2016 est.)
Congo, Democratic Republic of the -1% of GDP (2016 est.)
Congo, Republic of the -7.6% of GDP (2016 est.)
Cook Islands 3.7% of GDP (2010 est.)
Costa Rica -5.5% of GDP (2016 est.)
Cote d'Ivoire -3.8% of GDP (2016 est.)
Croatia -2.5% of GDP (2016 est.)
Cuba -7.1% of GDP (2015 est.)
Curacao -0.4% of GDP (2012 est.)
Cyprus -1.1% of GDP (2016 est.)
Czechia -0.5% of GDP (2016 est.)
Denmark -2.5% of GDP (2016 est.)
Djibouti -10.6% of GDP (2016 est.)
Dominica 0% of GDP (2016 est.)
Dominican Republic -2.3% of GDP (2016 est.)
Ecuador -4% of GDP (2016 est.)
Egypt -9.4% of GDP (2016 est.)
El Salvador -3.3% of GDP (2016 est.)
Equatorial Guinea -3.7% of GDP (2016 est.)
Eritrea -10.9% of GDP (2016 est.)
Estonia 0.3% of GDP (2016 est.)
Ethiopia -2.6% of GDP (2016 est.)
European Union -3% of GDP (2014)
Falkland Islands (Islas Malvinas) -5% of GDP (FY09/10)
Faroe Islands -1.7% of GDP (2014 est.)
Fiji -5.2% of GDP (2016 est.)
Finland -1.8% of GDP (2016 est.)
France -3.4% of GDP (2016 est.)
French Polynesia 0.8% of GDP (2012)
Gabon -3.8% of GDP (2016 est.)
Gambia, The -10.4% of GDP (2016 est.)
Georgia -1.9% of GDP (2016 est.)
Germany 0.7% of GDP (2016 est.)
Ghana -8.7% of GDP (2016 est.)
Gibraltar 1.3% of GDP (2008 est.)
Greece -4.5% of GDP (2016 est.)
Greenland -13.5% of GDP (2015 est.)
Grenada -3.3% of GDP (2016 est.)
Guam -0.9% of GDP (2013 est.)
Guatemala -1.2% of GDP (2016 est.)
Guernsey 1.2% of GDP (2005)
Guinea-Bissau -3.5% of GDP (2016 est.)
Guinea -6.5% of GDP (2016 est.)
Guyana -3.9% of GDP (2016 est.)
Haiti -3.1% of GDP (2016 est.)
Holy See (Vatican City) NA%
Honduras -1.9% of GDP (2016 est.)
Hong Kong 0% of GDP (2016 est.)
Hungary -2.4% 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 Hungarian deficit increased above 3% both in 2013 and in 2014 due to sluggish growth and the government's fiscal tightening (2016 est.)
Iceland 12.5% of GDP (2016 est.)
India 0% of GDP (FY 2016 est.)
Indonesia -2.4% of GDP (2016 est.)
Iran -1.6% of GDP (2016 est.)
Iraq -14.7% of GDP (2016 est.)
Ireland -0.8% of GDP (2016 est.)
Isle of Man 0.5% of GDP (FY05/06 est.)
Israel -2.5% of GDP (2016 est.)
Italy -2.6% of GDP (2016 est.)
Jamaica -1.1% of GDP (2016 est.)
Japan -5% of GDP (2016 est.)
Jersey -0.5% of GDP (2005)
Jordan -6.5% of GDP (2016 est.)
Kazakhstan -3% of GDP (2016 est.)
Kenya -7.2% of GDP (2016 est.)
Kiribati 10.8% of GDP (2013 est.)
Korea, North -0.4% of GDP (2007 est.)
Korea, South 0.8% of GDP (2016 est.)
Kosovo -3.3% of GDP (2014 est.)
Kuwait -16.5% of GDP (2016 est.)
Kyrgyzstan -5.4% of GDP (2016 est.)
Laos -6.8% of GDP (2016 est.)
Latvia -1.2% of GDP (2016 est.)
Lebanon -8.7% of GDP (2016 est.)
Lesotho -7.9% of GDP (2016 est.)
Liberia -1.9% of GDP (2016 est.)
Libya -20.1% of GDP (2016 est.)
Liechtenstein 1.6% of GDP (2012 est.)
Lithuania -1% of GDP (2016 est.)
Luxembourg 0.5% of GDP (2016 est.)
Macau 11.6% of GDP (2016 est.)
Macedonia -2.8% of GDP (2016 est.)
Madagascar -1.3% of GDP (2016 est.)
Malawi -4% of GDP (2016 est.)
Malaysia -3.4% of GDP (2016 est.)
Maldives -6.7% of GDP (2016 est.)
Mali -3.8% of GDP (2016 est.)
Malta 0.3% of GDP (2016 est.)
Marshall Islands 1.5% of GDP (2013 est.)
Mauritania -6.1% of GDP (2016 est.)
Mauritius -4% of GDP (2016 est.)
Mexico -3% of GDP (2016 est.)
Micronesia, Federated States of 6.7% of GDP (FY12/13 est.)
Moldova -1.9% of GDP (2016 est.)
Monaco -1% of GDP (2011 est.)
Mongolia -10.5% of GDP (2016 est.)
Montenegro -7.5% of GDP (2016 est.)
Morocco -4% of GDP (2016 est.)
Mozambique -8.8% of GDP (2016 est.)
Namibia -5.8% of GDP (2016 est.)
Nepal -2.9% of GDP (FY2016 est.)
Netherlands 0.4% of GDP (2016 est.)
New Caledonia NA% of GDP (2015 est.)
New Zealand 0.3% of GDP (2016 est.)
Nicaragua 1.6% of GDP (2016 est.)
Nigeria -2.4% of GDP (2016 est.)
Niger -7.1% of GDP (2016 est.)
Niue -12.6% of GDP (FY04/05)
Northern Mariana Islands -0.3% of GDP (2013 est.)
Norway 2.9% of GDP (2016 est.)
Oman -18.9% of GDP (2016 est.)
Pakistan -4.1% of GDP (2016 est.)
Palau 8.8% of GDP (2016 est.)
Panama -1.3% of GDP (2016 est.)
Papua New Guinea -5.7% of GDP (2016 est.)
Paraguay 0% of GDP (2016 est.)
Peru -3.1% of GDP (2016 est.)
Philippines -2.4% of GDP (2016 est.)
Poland -2.8% of GDP (2016 est.)
Portugal -2.4% of GDP (2016 est.)
Puerto Rico -0.6% of GDP (2016 est.)
Qatar -7.8% of GDP (2016 est.)
Romania -2.8% of GDP (2016 est.)
Russia -3.5% of GDP (2016 est.)
Rwanda -5% of GDP (2016 est.)
Saint Kitts and Nevis 3.9% of GDP (2016 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 (2016 est.)
Samoa -4.4% of GDP (2016 est.)
San Marino -2.9% of GDP (2011 est.)
Sao Tome and Principe -5.3% of GDP (2016 est.)
Saudi Arabia -13.6% of GDP (2016 est.)
Senegal -4.1% of GDP (2016 est.)
Serbia -1.3% of GDP (2016 est.)
Seychelles 2.1% of GDP (2016 est.)
Sierra Leone -4.2% of GDP (2016 est.)
Singapore 0.7% of GDP (2016 est.)
Slovakia -2.4% of GDP (2016 est.)
Slovenia -2.7% of GDP (2016 est.)
Solomon Islands -3.1% of GDP (2016 est.)
Somalia -0.1% of GDP (2014 est.)
South Africa -3.5% of GDP (2016 est.)
South Sudan -69.3% of GDP (FY2013 est.)
Spain -4.1% of GDP (2016 est.)
Sri Lanka -5.5% of GDP (2016 est.)
Sudan -4.2% of GDP (2016 est.)
Suriname -4.7% of GDP (2016 est.)
Svalbard NA% of GDP
Swaziland -8.8% of GDP (2017 est.)
Sweden -0.4% of GDP (2016 est.)
Switzerland 0.4% of GDP (2016 est.)
Syria -8.8% of GDP (2016 est.)
Taiwan -0.6% of GDP (2016 est.)
Tajikistan -2.2% of GDP (2016 est.)
Tanzania -3.9% of GDP (2016 est.)
Thailand -2.5% of GDP (2016 est.)
Timor-Leste -100% of GDP (2016 est.)
Togo -5.2% of GDP (2016 est.)
Tonga 0% of GDP (2016 est.)
Trinidad and Tobago -9% of GDP (2016 est.)
Tunisia -4.5% of GDP (2016 est.)
Turkey -0.5% of GDP (2016 est.)
Turkmenistan -0.8% of GDP (2016 est.)
Tuvalu 31.9% of GDP (2013 est.)
Uganda -6.5% of GDP (2016 est.)
Ukraine -3.5% of GDP (2016 est.)
United Arab Emirates -3.9% of GDP (2016 est.)
United Kingdom -3.8% of GDP (2016 est.)
United States -2.9% of GDP (2016 est.)
Uruguay -0.9% of GDP (2016 est.)
Uzbekistan 0.1% of GDP (2016 est.)
Vanuatu -3.3% of GDP (2016 est.)
Venezuela -39.9% of GDP (2016 est.)
Vietnam -4.6% of GDP (2016 est.)
Virgin Islands -6.5% of GDP (2013)
Wallis and Futuna NA% of GDP
West Bank -13.5% of GDP (2014 est.)
Western Sahara NA%
World -3% of GDP (2016 est.)
Yemen -12.3% of GDP (2016 est.)
Zambia -8.1% of GDP (2016 est.)
Zimbabwe -3.5% of GDP (2016 est.)