Religious countries Compared by Economy > Budget surplus > + or deficit > -
DEFINITION:
This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | Saudi Arabia | 13.1% of GDP | 2012 | ||
2 | Iraq | 7% of GDP | 2012 | ||
3 | Brazil | 2.4% of GDP | 2012 | ||
4 | Peru | 2.2% of GDP | 2012 | ||
5 | Colombia | 0.5% of GDP | 2012 | ||
6 | Uzbekistan | 0.2% of GDP | 2012 | ||
7 | Armenia | -1.6% of GDP | 2012 | ||
8 | Fiji | -1.7% of GDP | 2012 | ||
9 | Poland | -1.9% of GDP | 2012 | ||
=10 | Nigeria | -2.1% of GDP | 2012 | ||
=10 | Moldova | -2.1% of GDP | 2012 | ||
12 | Romania | -2.5% of GDP | 2012 | ||
13 | Tunisia | -2.7% of GDP | 2012 | ||
14 | Georgia | -3.1% of GDP | 2012 | ||
15 | Cameroon | -3.6% of GDP | 2012 | ||
16 | Republic of Macedonia | -3.9% of GDP | 2012 | ||
17 | Malaysia | -4.5% of GDP | 2012 | ||
18 | India | -5% of GDP | 2012 | ||
19 | Kenya | -5.1% of GDP | 2012 | ||
20 | Pakistan | -6.6% of GDP | 2012 | ||
21 | Serbia | -7.6% of GDP | 2012 | ||
22 | Afghanistan | -8.7% of GDP | 2012 | ||
23 | Ghana | -12.2% of GDP | 2012 |