* indicates monthly or quarterly data series

Fiscal balance, percent of GDP, 2022:

The average for 2022 based on 46 countries was -3.46 percent. The highest value was in Libya: 13.8 percent and the lowest value was in Ghana: -9.3 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

Measure: percent; Source:
Select indicator
* indicates monthly or quarterly data series


Countries Fiscal balance, percent of GDP, 2022 Global rank Available data
Libya 13.8 1 2018 - 2022
R. of Congo 6.5 2 1989 - 2022
Eq. Guinea 4.8 3 2018 - 2022
Angola 3 4 1996 - 2022
Gabon 0.8 5 1990 - 2022
Chad 0.5 6 1995 - 2022
Somalia 0 7 2018 - 2022
Algeria -0.2 8 1990 - 2022
Zimbabwe -0.9 9 2018 - 2022
Botswana -1 10 2000 - 2022
Djibouti -1 11 2018 - 2022
Mauritania -1.2 12 2007 - 2022
Guinea -1.3 13 1990 - 2022
Sudan -1.5 14 1990 - 2022
Cameroon -1.9 15 2007 - 2022
Eritrea -2.2 16 2008 - 2022
Ethiopia -3.4 17 1990 - 2022
Tanzania -3.4 18 2018 - 2022
Mozambique -3.7 19 2018 - 2022
Gambia -4.4 20 2005 - 2022
Swaziland -4.5 21 1980 - 2022
C.A. Republic -4.6 22 1988 - 2022
Cape Verde -4.7 23 1994 - 2022
Liberia -4.8 24 2000 - 2022
Sierra Leone -4.8 25 2000 - 2022
Nigeria -4.9 26 1990 - 2022
Mali -4.98 27 2008 - 2022
Burundi -5.1 28 2018 - 2022
Morocco -5.2 29 1998 - 2022
Uganda -5.3 30 1997 - 2022
Benin -5.5 31 2008 - 2022
Senegal -6.08 32 2008 - 2022
Egypt -6.1 33 2002 - 2022
Mauritius -6.1 34 1983 - 2022
G.-Bissau -6.3 35 1991 - 2022
Kenya -6.3 36 1982 - 2022
Niger -6.61 37 2008 - 2022
Madagascar -6.8 38 1980 - 2022
Malawi -6.8 39 2005 - 2022
Namibia -7 40 2018 - 2022
S.T.&Principe -7.2 41 2018 - 2022
Tunisia -7.56 42 1986 - 2022
Togo -8.5 43 2008 - 2022
Burkina Faso -8.52 44 2009 - 2022
Zambia -8.9 45 2002 - 2022
Ghana -9.3 46 2004 - 2022



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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