Religious 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 | Saudi Arabia | 13.1% of GDP | 2012 | ||
| 2 | Iraq | 7% of GDP | 2012 | ||
| 3 | Brazil | 2.4% of GDP | 2012 | ||
| 4 | Peru | 2.2% of GDP | 2012 | ||
| 5 | Colombia | 0.5% of GDP | 2012 | ||
| 6 | Uzbekistan | 0.2% of GDP | 2012 | ||
| 7 | Armenia | -1.6% of GDP | 2012 | ||
| 8 | Fiji | -1.7% of GDP | 2012 | ||
| 9 | Poland | -1.9% of GDP | 2012 | ||
| =10 | Nigeria | -2.1% of GDP | 2012 | ||
| =10 | Moldova | -2.1% of GDP | 2012 | ||
| 12 | Romania | -2.5% of GDP | 2012 | ||
| 13 | Tunisia | -2.7% of GDP | 2012 | ||
| 14 | Georgia | -3.1% of GDP | 2012 | ||
| 15 | Cameroon | -3.6% of GDP | 2012 | ||
| 16 | Republic of Macedonia | -3.9% of GDP | 2012 | ||
| 17 | Malaysia | -4.5% of GDP | 2012 | ||
| 18 | India | -5% of GDP | 2012 | ||
| 19 | Kenya | -5.1% of GDP | 2012 | ||
| 20 | Pakistan | -6.6% of GDP | 2012 | ||
| 21 | Serbia | -7.6% of GDP | 2012 | ||
| 22 | Afghanistan | -8.7% of GDP | 2012 | ||
| 23 | Ghana | -12.2% of GDP | 2012 |
