* indicates monthly or quarterly data series

Fiscal balance, percent of GDP, 2022:

The average for 2022 based on 22 countries was -2.83 percent. The highest value was in Puerto Rico: 1.79 percent and the lowest value was in Cuba: -11.11 percent. The indicator is available from 1960 to 2024. 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
Puerto Rico 1.79 1 2014 - 2023
Grenada 0.92 2 1990 - 2022
Nicaragua 0.79 3 2000 - 2022
Tr.&Tobago 0.7 4 1960 - 2023
Jamaica 0.28 5 1990 - 2024
Aruba -1.4 6 1995 - 2023
Saint Lucia -1.65 7 1985 - 2023
Honduras -1.66 8 2002 - 2023
Guatemala -1.7 9 1995 - 2023
Haiti -1.75 10 1997 - 2023
Barbados -2 11 2007 - 2022
Domin. Rep. -2.67 12 2000 - 2022
El Salvador -2.69 13 1990 - 2023
Ant.& Barb. -2.84 14 1990 - 2023
Mexico -3.2 15 1990 - 2023
Canada -3.6 16 1967 - 2023
Panama -3.98 17 2009 - 2023
USA -4.35 18 1960 - 2023
Bahamas -5.8 19 1990 - 2023
Dominica -7.21 20 1990 - 2023
St. Vincent & ... -9.17 21 1980 - 2023
Cuba -11.11 22 1996 - 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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