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 | BUDGET 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 (FY14/15 est.) |
| 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 |
-0.2% 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 (FY13/14 est.) |
| 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) |