Liechtenstein: Fiscal balance, percent of GDP
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Liechtenstein |
Fiscal balance, percent of GDP |
---|---|
Latest value | 3.30 |
Year | 2022 |
Measure | percent |
Data availability | 2011 - 2022 |
Average | 2.63 |
Min - Max | -2.40 - 7.40 |
Source | Statistics Office of Liechtenstein |
The latest value from 2022 is 3.3 percent, an increase from 2.5 percent in 2021. In comparison, the world average is -2.50 percent, based on data from 163 countries. Historically, the average for Liechtenstein from 2011 to 2022 is 2.63 percent. The minimum value, -2.4 percent, was reached in 2012 while the maximum of 7.4 percent was recorded in 2020.
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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.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Fiscal balance, percent of GDP | 3.30 | 2022 | percent |
Government debt | 0.50 | 2022 | percent |
Commercial tax rate | 21.60 | 2019 | percent |
Tax preparation time | 49 | 2019 | hours |
Number of taxes | 34 | 2019 | taxes |