Fiscal balance, percent of GDP - Country rankings
* indicates monthly or quarterly data series
Fiscal balance, percent of GDP, 2021 - Country rankings:
The average for 2021 based on 128 countries was -4.41 percent.The highest value was in Libya: 13.8 percent and the lowest value was in the Maldives: -16.65 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.Measure: percent;
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* indicates monthly or quarterly data series
Countries | Fiscal balance, percent of GDP, 2021 | Global rank | Available data |
---|---|---|---|
Libya | 13.8 | 1 | 2018 - 2021 |
Norway | 9.08 | 2 | 1981 - 2021 |
Azerbaijan | 4.33 | 3 | 1994 - 2021 |
Angola | 2.7 | 4 | 1996 - 2021 |
Denmark | 2.3 | 5 | 1995 - 2021 |
Iraq | 2.07 | 6 | 2004 - 2021 |
Samoa | 1.7 | 7 | 2015 - 2021 |
Macao | 1.56 | 8 | 2010 - 2021 |
R. of Congo | 1.4 | 9 | 1989 - 2021 |
Luxembourg | 0.9 | 10 | 1995 - 2021 |
S.T.&Principe | 0.9 | 11 | 2018 - 2021 |
Russia | 0.72 | 12 | 1998 - 2021 |
Hong Kong | 0.7 | 13 | 1997 - 2021 |
Jamaica | 0.27 | 14 | 1990 - 2021 |
Qatar | 0.24 | 15 | 2001 - 2021 |
Singapore | -0.19 | 16 | 1990 - 2021 |
Sweden | -0.2 | 17 | 1995 - 2021 |
Mauritania | -0.4 | 18 | 2007 - 2021 |
Eq. Guinea | -1 | 19 | 2018 - 2021 |
Lithuania | -1 | 20 | 1995 - 2021 |
Chad | -1.1 | 21 | 1995 - 2021 |
Somalia | -1.1 | 22 | 2018 - 2021 |
Guatemala | -1.19 | 23 | 1995 - 2021 |
Kyrgyzstan | -1.26 | 24 | 1995 - 2021 |
Laos | -1.26 | 25 | 2001 - 2021 |
New Zealand | -1.34 | 26 | 1972 - 2021 |
South Korea | -1.5 | 27 | 2013 - 2021 |
Ecuador | -1.55 | 28 | 2000 - 2021 |
Cyprus | -1.7 | 29 | 1995 - 2021 |
Djibouti | -1.8 | 30 | 2018 - 2021 |
Belize | -1.9 | 31 | 1993 - 2021 |
Ireland | -1.9 | 32 | 1995 - 2021 |
Poland | -1.9 | 33 | 1995 - 2021 |
Indonesia | -1.98 | 34 | 1993 - 2021 |
Guinea | -2.3 | 35 | 1990 - 2021 |
Nepal | -2.37 | 36 | 2000 - 2021 |
Estonia | -2.4 | 37 | 1995 - 2021 |
Netherlands | -2.5 | 38 | 1995 - 2021 |
Haiti | -2.53 | 39 | 1997 - 2021 |
Peru | -2.54 | 40 | 1970 - 2021 |
Finland | -2.6 | 41 | 1975 - 2021 |
Domin. Rep. | -2.73 | 42 | 2000 - 2021 |
Ethiopia | -2.8 | 43 | 1990 - 2021 |
Portugal | -2.8 | 44 | 1995 - 2021 |
Comoros | -2.9 | 45 | 1984 - 2021 |
Croatia | -2.9 | 46 | 1995 - 2021 |
Mexico | -2.9 | 47 | 1990 - 2021 |
Liberia | -3.3 | 48 | 2000 - 2021 |
Gabon | -3.4 | 49 | 1990 - 2021 |
Germany | -3.71 | 50 | 1991 - 2021 |
Ukraine | -3.98 | 51 | 1995 - 2021 |
Uruguay | -3.99 | 52 | 2009 - 2021 |
Eritrea | -4 | 53 | 2008 - 2021 |
Gambia | -4 | 54 | 2005 - 2021 |
Cameroon | -4.1 | 55 | 2007 - 2021 |
Kazakhstan | -4.1 | 56 | 2002 - 2021 |
Serbia | -4.1 | 57 | 2005 - 2021 |
Brazil | -4.42 | 58 | 1996 - 2021 |
Burundi | -4.5 | 59 | 2018 - 2021 |
Sudan | -4.5 | 60 | 1990 - 2021 |
Venezuela | -4.51 | 61 | 1988 - 2021 |
Turkey | -4.7 | 62 | 2002 - 2021 |
Nigeria | -4.8 | 63 | 1990 - 2021 |
Albania | -4.82 | 64 | 1993 - 2021 |
St. Vincent & ... | -4.82 | 65 | 1980 - 2021 |
Algeria | -4.9 | 66 | 1990 - 2021 |
Burkina Faso | -4.92 | 67 | 2009 - 2021 |
Bangladesh | -5.2 | 68 | 1980 - 2021 |
Slovenia | -5.2 | 69 | 1995 - 2021 |
Malawi | -5.3 | 70 | 2005 - 2021 |
North Macedonia | -5.36 | 71 | 1998 - 2021 |
Madagascar | -5.4 | 72 | 1980 - 2021 |
Belgium | -5.5 | 73 | 1995 - 2021 |
Israel | -5.5 | 74 | 1980 - 2021 |
Honduras | -5.51 | 75 | 2002 - 2021 |
G.-Bissau | -5.6 | 76 | 1991 - 2021 |
Mali | -5.68 | 77 | 2008 - 2021 |
C.A. Republic | -5.7 | 78 | 1988 - 2021 |
Czechia | -5.87 | 79 | 1995 - 2021 |
Austria | -5.9 | 80 | 1995 - 2021 |
Morocco | -5.9 | 81 | 1998 - 2021 |
Georgia | -6 | 82 | 2002 - 2021 |
Mozambique | -6 | 83 | 2018 - 2021 |
Togo | -6 | 84 | 2008 - 2021 |
Benin | -6.1 | 85 | 2008 - 2021 |
Botswana | -6.2 | 86 | 2000 - 2021 |
Slovakia | -6.2 | 87 | 1995 - 2021 |
Bhutan | -6.3 | 88 | 1981 - 2021 |
Senegal | -6.3 | 89 | 2008 - 2021 |
Malaysia | -6.4 | 90 | 1970 - 2021 |
France | -6.5 | 91 | 1960 - 2021 |
Niger | -6.6 | 92 | 2008 - 2021 |
Panama | -6.66 | 93 | 2009 - 2021 |
Australia | -6.7 | 94 | 1988 - 2021 |
Hungary | -6.8 | 95 | 1995 - 2021 |
UK | -6.83 | 96 | 1960 - 2021 |
Spain | -6.9 | 97 | 1995 - 2021 |
Pakistan | -7.1 | 98 | 1993 - 2021 |
Romania | -7.1 | 99 | 1995 - 2021 |
Sierra Leone | -7.1 | 100 | 2000 - 2021 |
Colombia | -7.15 | 101 | 2008 - 2021 |
Italy | -7.2 | 102 | 1995 - 2021 |
Latvia | -7.3 | 103 | 1995 - 2021 |
Guyana | -7.39 | 104 | 1997 - 2021 |
Egypt | -7.4 | 105 | 2002 - 2021 |
Greece | -7.4 | 106 | 1995 - 2021 |
Uganda | -7.5 | 107 | 1997 - 2021 |
Chile | -7.52 | 108 | 1990 - 2021 |
Tunisia | -7.71 | 109 | 1986 - 2021 |
Namibia | -7.8 | 110 | 2018 - 2021 |
Kenya | -7.9 | 111 | 1982 - 2021 |
Malta | -8 | 112 | 1995 - 2021 |
Aruba | -8.5 | 113 | 1995 - 2021 |
Cape Verde | -8.6 | 114 | 1994 - 2021 |
Philippines | -8.6 | 115 | 1988 - 2021 |
Iceland | -8.9 | 116 | 1980 - 2021 |
Dominica | -8.97 | 117 | 1990 - 2021 |
Mauritius | -9 | 118 | 1983 - 2021 |
Zambia | -9 | 119 | 2002 - 2021 |
Thailand | -9.1 | 120 | 1979 - 2021 |
Tr.&Tobago | -9.2 | 121 | 1960 - 2021 |
USA | -10.92 | 122 | 1960 - 2021 |
Cuba | -11.68 | 123 | 1996 - 2021 |
Ghana | -12.1 | 124 | 2004 - 2021 |
Sri Lanka | -12.2 | 125 | 1977 - 2021 |
Bahamas | -13.6 | 126 | 1990 - 2021 |
Canada | -14.9 | 127 | 1984 - 2021 |
Maldives | -16.65 | 128 | 1997 - 2021 |
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.
13.80
9.08
4.33
2.70
2.30
2.07
1.70
1.56
1.40
0.90
0.90
0.72
0.70
0.27
0.24
-0.19
-0.20
-0.40
-1.00
-1.00
-1.10
-1.10
-1.19
-1.26
-1.26
-1.34
-1.50
-1.55
-1.70
-1.80
-1.90
-1.90
-1.90
-1.98
-2.30
-2.37
-2.40
-2.50
-2.53
-2.54
-2.60
-2.73
-2.80
-2.80
-2.90
-2.90
-2.90
-3.30
-3.40
-3.71
-3.98
-3.99
-4.00
-4.00
-4.10
-4.10
-4.10
-4.42
-4.50
-4.50
-4.51
-4.70
-4.80
-4.82
-4.82
-4.90
-4.92
-5.20
-5.20
-5.30
-5.36
-5.40
-5.50
-5.50
-5.51
-5.60
-5.68
-5.70
-5.87
-5.90
-5.90
-6.00
-6.00
-6.00
-6.10
-6.20
-6.20
-6.30
-6.30
-6.40
-6.50
-6.60
-6.66
-6.70
-6.80
-6.83
-6.90
-7.10
-7.10
-7.10
-7.15
-7.20
-7.30
-7.39
-7.40
-7.40
-7.50
-7.52
-7.71
-7.80
-7.90
-8.00
-8.50
-8.60
-8.60
-8.90
-8.97
-9.00
-9.00
-9.10
-9.20
-10.92
-11.68
-12.10
-12.20
-13.60
-14.90
-16.65
-16.65
-9
-1.4
6.2
13.8
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