Christian countries 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.

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#	COUNTRY	AMOUNT	DATE
1	Norway	14% of GDP	2012
2	Angola	6.2% of GDP	2012
3	Lesotho	5% of GDP	2012
=4	Brazil	2.4% of GDP	2012
=4	Montenegro	2.4% of GDP	2012
=6	Seychelles	2.2% of GDP	2012
=6	Peru	2.2% of GDP	2012
8	Gabon	2% of GDP	2012
9	Greenland	1.9% of GDP	2010
10	Bolivia	1.8% of GDP	2012
11	Federated States of Micronesia	1.6% of GDP	2011
12	Cook Islands	1% of GDP	2006
13	Botswana	0.8% of GDP	2012
14	Belarus	0.7% of GDP	2012
=15	Colombia	0.5% of GDP	2012
=15	Chile	0.5% of GDP	2012
17	Swaziland	0.3% of GDP	2012
=18	Latvia	0.1% of GDP	2012
=18	Switzerland	0.1% of GDP	2012
=18	Germany	0.1% of GDP	2012
21	Russia	-0.1% of GDP	2012
22	Nicaragua	-0.2% of GDP	2012
23	Bulgaria	-0.5% of GDP	2012
=24	Central African Republic	-0.7% of GDP	2012
=24	Sweden	-0.7% of GDP	2012
=26	Luxembourg	-0.8% of GDP	2012
=26	Antigua and Barbuda	-0.8% of GDP	2012
28	Equatorial Guinea	-0.9% of GDP	2012
=29	Belize	0.0	2012
=29	Tonga	0.0	2012
=29	British Virgin Islands	0.0	2012
=32	Ecuador	-1.1% of GDP	2012
=32	Rwanda	-1.1% of GDP	2012
=32	Trinidad and Tobago	-1.1% of GDP	2012
35	Monaco	-1.3% of GDP	2011
=36	Austria	-1.4% of GDP	2012
=36	Andorra	-1.4% of GDP	2011
38	San Marino	-1.5% of GDP	2011
=39	East Timor	-1.6% of GDP	2012
=39	Papua New Guinea	-1.6% of GDP	2012
=39	Armenia	-1.6% of GDP	2012
=39	Liechtenstein	-1.6% of GDP	2011
=43	Fiji	-1.7% of GDP	2012
=43	Paraguay	-1.7% of GDP	2012
45	Poland	-1.9% of GDP	2012
=46	Hungary	-2.1% of GDP	2013
=46	Panama	-2.1% of GDP	2012
=46	Nigeria	-2.1% of GDP	2012
=46	Moldova	-2.1% of GDP	2012
=50	Finland	-2.3% of GDP	2012
=50	Philippines	-2.3% of GDP	2012
=52	Guatemala	-2.4% of GDP	2012
=52	Palau	-2.4% of GDP	2010
=52	Suriname	-2.4% of GDP	2010
=55	Bermuda	-2.5% of GDP	2012
=55	Romania	-2.5% of GDP	2012
=55	Democratic Republic of the Congo	-2.5% of GDP	2012
58	Argentina	-2.6% of GDP	2012
=59	Ethiopia	-2.7% of GDP	2012
=59	Liberia	-2.7% of GDP	2012
=59	Mexico	-2.7% of GDP	2012
=59	Cayman Islands	-2.7% of GDP	2012
=63	Uruguay	-2.8% of GDP	2012
=63	Namibia	-2.8% of GDP	2012
=65	Bosnia and Herzegovina	-2.9% of GDP	2012
=65	Italy	-2.9% of GDP	2012
=65	Uganda	-2.9% of GDP	2012
=65	Kazakhstan	-2.9% of GDP	2012
=69	Georgia	-3.1% of GDP	2012
=69	Puerto Rico	-3.1% of GDP	2000
71	Slovenia	-3.2% of GDP	2012
=72	Canada	-3.3% of GDP	2012
=72	Croatia	-3.3% of GDP	2012
=74	Australia	-3.4% of GDP	2012
=74	Lithuania	-3.4% of GDP	2012
=74	Malta	-3.4% of GDP	2012
=77	El Salvador	-3.5% of GDP	2012
=77	Iceland	-3.5% of GDP	2012
79	Cameroon	-3.6% of GDP	2012
80	Cuba	-3.7% of GDP	2012
=81	New Zealand	-3.8% of GDP	2012
=81	Burundi	-3.8% of GDP	2012
83	Republic of Macedonia	-3.9% of GDP	2012
=84	Netherlands	-4.1% of GDP	2012
=84	Tanzania	-4.1% of GDP	2012
=84	Denmark	-4.1% of GDP	2012
=87	Jamaica	-4.2% of GDP	2012
=87	Mozambique	-4.2% of GDP	2012
=87	Belgium	-4.2% of GDP	2012
=90	Slovakia	-4.4% of GDP	2012
=90	Ukraine	-4.4% of GDP	2012
92	Costa Rica	-4.5% of GDP	2012
93	South Africa	-4.8% of GDP	2012
=94	France	-4.9% of GDP	2012
=94	Zambia	-4.9% of GDP	2012
=96	Anguilla	-5% of GDP	2012
=96	Guyana	-5% of GDP	2012
=96	Falkland Islands (Islas Malvinas)	-5% of GDP	2010
99	Kenya	-5.1% of GDP	2012
100	Grenada	-5.2% of GDP	2009
=101	Honduras	-6% of GDP	2012
=101	Haiti	-6% of GDP	2012
103	American Samoa	-6.1% of GDP	2007
104	The Bahamas	-6.2% of GDP	2012
105	Cyprus	-6.4% of GDP	2012
106	Portugal	-6.5% of GDP	2012
107	Dominican Republic	-6.6% of GDP	2012
108	United States	-6.8% of GDP	2012
=109	Ireland	-7.6% of GDP	2012
=109	Serbia	-7.6% of GDP	2012
111	Malawi	-7.9% of GDP	2012
112	Barbados	-8.1% of GDP	2012
113	United Kingdom	-8.2% of GDP	2012
114	Aruba	-9.8% of GDP	2012
115	Greece	-10.2% of GDP	2012
116	Spain	-10.9% of GDP	2012
117	Faroe Islands	-11.9% of GDP	2010
118	Cape Verde	-12.1% of GDP	2012
119	Ghana	-12.2% of GDP	2012
120	Dominica	-12.4% of GDP	2012
121	Eritrea	-12.6% of GDP	2012
122	Venezuela	-14.8% of GDP	2012

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