Catholic 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 | BrazilBrazil | 2.4% of GDP | 2012 | ||
| =2 | PeruPeru | 2.2% of GDP | 2012 | ||
| =2 | SeychellesSeychelles | 2.2% of GDP | 2012 | ||
| 4 | BoliviaBolivia | 1.8% of GDP | 2012 | ||
| =5 | ColombiaColombia | 0.5% of GDP | 2012 | ||
| =5 | ChileChile | 0.5% of GDP | 2012 | ||
| 7 | LuxembourgLuxembourg | -0.8% of GDP | 2012 | ||
| 8 | Equatorial GuineaEqu. Guinea | -0.9% of GDP | 2012 | ||
| 9 | British Virgin IslandsBrit. Virgin Isl. | 0.0 | 2012 | ||
| 10 | EcuadorEcuador | -1.1% of GDP | 2012 | ||
| =11 | AustriaAustria | -1.4% of GDP | 2012 | ||
| =11 | AndorraAndorra | -1.4% of GDP | 2011 | ||
| 13 | San MarinoSan Marino | -1.5% of GDP | 2011 | ||
| =14 | East TimorEast Timor | -1.6% of GDP | 2012 | ||
| =14 | LiechtensteinLiechtenstein | -1.6% of GDP | 2011 | ||
| 16 | ParaguayParaguay | -1.7% of GDP | 2012 | ||
| 17 | PolandPoland | -1.9% of GDP | 2012 | ||
| 18 | PanamaPanama | -2.1% of GDP | 2012 | ||
| 19 | PhilippinesPhilippines | -2.3% of GDP | 2012 | ||
| =20 | GuatemalaGuatemala | -2.4% of GDP | 2012 | ||
| =20 | PalauPalau | -2.4% of GDP | 2010 | ||
| 22 | ArgentinaArgentina | -2.6% of GDP | 2012 | ||
| 23 | MexicoMexico | -2.7% of GDP | 2012 | ||
| 24 | ItalyItaly | -2.9% of GDP | 2012 | ||
| 25 | CroatiaCroatia | -3.3% of GDP | 2012 | ||
| 26 | LithuaniaLithuania | -3.4% of GDP | 2012 | ||
| 27 | Cote d'IvoireCote d'Ivoire | -3.5% of GDP | 2012 | ||
| 28 | CubaCuba | -3.7% of GDP | 2012 | ||
| 29 | BurundiBurundi | -3.8% of GDP | 2012 | ||
| 30 | SlovakiaSlovakia | -4.4% of GDP | 2012 | ||
| 31 | Costa RicaCosta Rica | -4.5% of GDP | 2012 | ||
| 32 | FranceFrance | -4.9% of GDP | 2012 | ||
| 33 | HaitiHaiti | -6% of GDP | 2012 | ||
| 34 | PortugalPortugal | -6.5% of GDP | 2012 | ||
| 35 | IrelandIreland | -7.6% of GDP | 2012 | ||
| 36 | ArubaAruba | -9.8% of GDP | 2012 | ||
| 37 | SpainSpain | -10.9% of GDP | 2012 | ||
| 38 | Cape VerdeCape Verde | -12.1% of GDP | 2012 | ||
| 39 | DominicaDominica | -12.4% of GDP | 2012 | ||
| 40 | EritreaEritrea | -12.6% of GDP | 2012 | ||
| 41 | VenezuelaVenezuela | -14.8% of GDP | 2012 |
Citation
Interesting observations about Economy > Budget surplus > + or deficit > -
- 98 of the top 189 countries by budget surplus > + or deficit > - are Christian.
- 2 of the top 4 countries by budget surplus > + or deficit > - are Tourist destination.
- Kuwait has ranked in the top 3 for budget surplus > + or deficit > - since 2010.
- Macau has ranked in the top 3 for budget surplus > + or deficit > - since 2010.
- Qatar has ranked in the top 4 for budget surplus > + or deficit > - since 2010.
- Brazil ranked first for budget surplus > + or deficit > - amongst Emerging markets in 2012.
- 21 of the bottom 37 countries by budget surplus > + or deficit > - are Heavily indebted.
- San Marino has ranked in the top 4 for budget surplus > + or deficit > - since 2009.
- 25 of the top 89 countries by budget surplus > + or deficit > - are Landlocked.
- Norway has ranked in the top 5 for budget surplus > + or deficit > - since 2010.
