* indicates monthly or quarterly data series

Fiscal balance, percent of GDP, 2022:

The average for 2022 based on 5 countries was -2.95 percent. The highest value was in Singapore: 0.84 percent and the lowest value was in the Philippines: -7.3 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
Singapore 0.84 1 1990 - 2023
Laos -0.3 2 2001 - 2022
Indonesia -2.38 3 1993 - 2022
Thailand -5.6 4 1979 - 2022
Philippines -7.3 5 1988 - 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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