Afghanistan: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Afghanistan |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | -4.43 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2002 - 2020 |
| Average | -0.79 |
| Min - Max | -4.43 - 3.58 |
| Source | Asian Development Bank |
The latest value from 2020 is -4.43 percent, a decline from -1.71 percent in 2019. In comparison, the world average is -6.27 percent, based on data from 176 countries. Historically, the average for Afghanistan from 2002 to 2020 is -0.79 percent. The minimum value, -4.43 percent, was reached in 2020 while the maximum of 3.58 percent was recorded in 2013.
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 21.85 | 2022 | percent |
| Government spending, in dollars | 3.17 | 2022 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -4.43 | 2020 | percent |
| Government debt | 10.93 | 2022 | percent |
| Tax revenue | 9.90 | 2017 | percent |
| Commercial tax rate | 71.40 | 2019 | percent |
| Tax preparation time | 270 | 2019 | hours |
| Number of taxes | 19 | 2019 | taxes |
| Taxes on goods and services | 8.60 | 2017 | percent |
| Taxes on international trade | 7.42 | 2017 | percent |
| Income and profits taxes | 4.53 | 2017 | percent |
| Foreign aid | 3,893.27 | 2022 | million U.S. dollars |