Fiscal balance, percent of GDP - Country rankings
* indicates monthly or quarterly data series
Fiscal balance, percent of GDP, 2022:
The average for 2022 based on 7 countries was -3.72 percent. The highest value was in Samoa: 5.37 percent and the lowest value was in Kiribati: -13.12 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.Measure: percent; Source:
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* indicates monthly or quarterly data series
| Countries | Fiscal balance, percent of GDP, 2022 | Global rank | Available data |
|---|---|---|---|
| Samoa | 5.37 | 1 | 2011 - 2023 |
| Australia | -1.4 | 2 | 1988 - 2023 |
| New Zealand | -2.66 | 3 | 1972 - 2023 |
| Solomon Isl. | -2.94 | 4 | 1980 - 2023 |
| Papua N.G. | -5.26 | 5 | 2015 - 2023 |
| Palau | -6.01 | 6 | 2013 - 2022 |
| Kiribati | -13.12 | 7 | 2011 - 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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5.37
-1.40
-2.66
-2.94
-5.26
-6.01
-13.12
-13.12
-8.5
-3.9
0.7
5.37
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