Hot 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.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Kuwait | 31.7% of GDP | 2012 | ||
2 | Libya | 27.7% of GDP | 2012 | ||
3 | Macau | 25.6% of GDP | 2012 | ||
4 | Qatar | 14.4% of GDP | 2012 | ||
5 | Brunei | 13.4% of GDP | 2012 | ||
6 | Saudi Arabia | 13.1% of GDP | 2012 | ||
7 | Iraq | 7% of GDP | 2012 | ||
8 | Angola | 6.2% of GDP | 2012 | ||
9 | Hong Kong | 3.1% of GDP | 2012 | ||
10 | Mauritania | 2.9% of GDP | 2012 | ||
11 | Brazil | 2.4% of GDP | 2012 | ||
12 | Seychelles | 2.2% of GDP | 2012 | ||
13 | Singapore | 2.1% of GDP | 2012 | ||
=14 | Gabon | 2% of GDP | 2012 | ||
=14 | Solomon Islands | 2% of GDP | 2012 | ||
16 | Bolivia | 1.8% of GDP | 2012 | ||
17 | Comoros | 1.5% of GDP | 2012 | ||
18 | Cook Islands | 1% of GDP | 2006 | ||
19 | Botswana | 0.8% of GDP | 2012 | ||
20 | Colombia | 0.5% of GDP | 2012 | ||
21 | Marshall Islands | 0.4% of GDP | 2009 | ||
22 | Swaziland | 0.3% of GDP | 2012 | ||
23 | Nicaragua | -0.2% of GDP | 2012 | ||
24 | Oman | -0.3% of GDP | 2012 | ||
25 | Benin | -0.5% of GDP | 2012 | ||
26 | Antigua and Barbuda | -0.8% of GDP | 2012 | ||
27 | Equatorial Guinea | -0.9% of GDP | 2012 | ||
28 | Saint Vincent and the Grenadines | -1% of GDP | 2012 | ||
=29 | Belize | 0.0 | 2012 | ||
=29 | Tonga | 0.0 | 2012 | ||
=31 | Ecuador | -1.1% of GDP | 2012 | ||
=31 | Trinidad and Tobago | -1.1% of GDP | 2012 | ||
33 | Mali | -1.2% of GDP | 2012 | ||
34 | Laos | -1.4% of GDP | 2012 | ||
35 | Papua New Guinea | -1.6% of GDP | 2012 | ||
=36 | Madagascar | -1.7% of GDP | 2012 | ||
=36 | Fiji | -1.7% of GDP | 2012 | ||
=36 | Paraguay | -1.7% of GDP | 2012 | ||
=39 | Mauritius | -1.8% of GDP | 2012 | ||
=39 | Chad | -1.8% of GDP | 2012 | ||
=41 | Indonesia | -2.1% of GDP | 2012 | ||
=41 | Panama | -2.1% of GDP | 2012 | ||
=41 | Nigeria | -2.1% of GDP | 2012 | ||
=44 | Bahrain | -2.3% of GDP | 2012 | ||
=44 | Philippines | -2.3% of GDP | 2012 | ||
=44 | New Caledonia | -2.3% of GDP | 2001 | ||
=47 | Guatemala | -2.4% of GDP | 2012 | ||
=47 | Suriname | -2.4% of GDP | 2010 | ||
=49 | Bermuda | -2.5% of GDP | 2012 | ||
=49 | Democratic Republic of the Congo | -2.5% of GDP | 2012 | ||
=51 | Ethiopia | -2.7% of GDP | 2012 | ||
=51 | Liberia | -2.7% of GDP | 2012 | ||
=51 | Mexico | -2.7% of GDP | 2012 | ||
=51 | Niger | -2.7% of GDP | 2012 | ||
=55 | Djibouti | -2.8% of GDP | 2012 | ||
=55 | Saint Lucia | -2.8% of GDP | 2011 | ||
=57 | Cambodia | -2.9% of GDP | 2012 | ||
=57 | Uganda | -2.9% of GDP | 2012 | ||
59 | Guinea-Bissau | -3% of GDP | 2012 | ||
60 | Burkina Faso | -3.2% of GDP | 2012 | ||
=61 | Guinea | -3.4% of GDP | 2012 | ||
=61 | Australia | -3.4% of GDP | 2012 | ||
=63 | El Salvador | -3.5% of GDP | 2012 | ||
=63 | Cote d'Ivoire | -3.5% of GDP | 2012 | ||
65 | Cameroon | -3.6% of GDP | 2012 | ||
=66 | Cuba | -3.7% of GDP | 2012 | ||
=66 | Togo | -3.7% of GDP | 2012 | ||
68 | Tuvalu | -3.8% of GDP | 2006 | ||
=69 | Tanzania | -4.1% of GDP | 2012 | ||
=69 | Burma | -4.1% of GDP | 2012 | ||
=71 | Jamaica | -4.2% of GDP | 2012 | ||
=71 | Vietnam | -4.2% of GDP | 2012 | ||
=71 | Mozambique | -4.2% of GDP | 2012 | ||
74 | Thailand | -4.4% of GDP | 2012 | ||
=75 | Malaysia | -4.5% of GDP | 2012 | ||
=75 | Costa Rica | -4.5% of GDP | 2012 | ||
=75 | Samoa | -4.5% of GDP | 2012 | ||
=78 | Bangladesh | -4.7% of GDP | 2012 | ||
=78 | Algeria | -4.7% of GDP | 2012 | ||
80 | Zambia | -4.9% of GDP | 2012 | ||
=81 | Anguilla | -5% of GDP | 2012 | ||
=81 | India | -5% of GDP | 2012 | ||
=81 | Guyana | -5% of GDP | 2012 | ||
84 | Kenya | -5.1% of GDP | 2012 | ||
85 | Grenada | -5.2% of GDP | 2009 | ||
86 | Sierra Leone | -5.3% of GDP | 2012 | ||
87 | Senegal | -5.9% of GDP | 2012 | ||
=88 | Haiti | -6% of GDP | 2012 | ||
=88 | Honduras | -6% of GDP | 2012 | ||
90 | The Bahamas | -6.2% of GDP | 2012 | ||
91 | Sri Lanka | -6.5% of GDP | 2012 | ||
=92 | Dominican Republic | -6.6% of GDP | 2012 | ||
=92 | Pakistan | -6.6% of GDP | 2012 | ||
94 | Yemen | -7.2% of GDP | 2012 | ||
95 | Malawi | -7.9% of GDP | 2012 | ||
96 | Barbados | -8.1% of GDP | 2012 | ||
97 | Sudan | -8.6% of GDP | 2012 | ||
98 | Egypt | -10.9% of GDP | 2012 | ||
99 | Cape Verde | -12.1% of GDP | 2012 | ||
100 | Ghana | -12.2% of GDP | 2012 | ||
101 | Dominica | -12.4% of GDP | 2012 | ||
=102 | Eritrea | -12.6% of GDP | 2012 | ||
=102 | Niue | -12.6% of GDP | 2005 | ||
104 | Maldives | -13.4% of GDP | 2012 | ||
105 | Venezuela | -14.8% of GDP | 2012 | ||
106 | Kiribati | -29.9% of GDP | 2010 |
Citation
Interesting observations about Economy > Budget surplus > + or deficit > -
- 98 of the top 189 countries by budget surplus > + or deficit > - are Christian.
- 2 of the top 4 countries by budget surplus > + or deficit > - are Tourist destination.
- Kuwait has ranked in the top 3 for budget surplus > + or deficit > - since 2010.
- Macau has ranked in the top 3 for budget surplus > + or deficit > - since 2010.
- Qatar has ranked in the top 4 for budget surplus > + or deficit > - since 2010.
- Brazil ranked first for budget surplus > + or deficit > - amongst Emerging markets in 2012.
- 21 of the bottom 37 countries by budget surplus > + or deficit > - are Heavily indebted.
- San Marino has ranked in the top 4 for budget surplus > + or deficit > - since 2009.
- 25 of the top 89 countries by budget surplus > + or deficit > - are Landlocked.
- Norway has ranked in the top 5 for budget surplus > + or deficit > - since 2010.