* indicates monthly or quarterly data series

Fiscal balance, percent of GDP, 2022:

The average for 2022 based on 30 countries was -1.6 percent. The highest value was in Iraq: 11.68 percent and the lowest value was in the Maldives: -14.31 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
Iraq 11.68 1 2004 - 2022
Qatar 10.32 2 2001 - 2022
UA Emirates 9.89 3 1991 - 2022
Azerbaijan 5.97 4 1994 - 2022
Palestine 3.6 5 1999 - 2022
Macao 2.79 6 2010 - 2022
Oman 2.6 7 2003 - 2022
Saudi Arabia 2.5 8 1969 - 2022
Singapore 0.84 9 1990 - 2023
Kazakhstan 0.09 10 2002 - 2022
Kyrgyzstan -0.28 11 1995 - 2022
Laos -0.3 12 2001 - 2022
Nepal -1.27 13 2000 - 2022
Israel -1.57 14 1980 - 2022
Armenia -2.23 15 2000 - 2022
Indonesia -2.38 16 1993 - 2022
Yemen -2.6 17 1990 - 2022
Georgia -3 18 2002 - 2022
South Korea -3 19 2013 - 2022
Hong Kong -4.3 20 1997 - 2023
Jordan -4.6 21 1990 - 2022
China -4.7 22 1982 - 2022
Thailand -5.6 23 1979 - 2022
Bahrain -6.1 24 1990 - 2022
Philippines -7.3 25 1988 - 2022
Bhutan -7.8 26 1981 - 2022
Pakistan -7.9 27 1993 - 2023
Mongolia -8.8 28 2000 - 2022
Sri Lanka -10.2 29 1977 - 2022
Maldives -14.31 30 1997 - 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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