Emerging markets 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 | ||
| =3 | ColombiaColombia | 0.5% of GDP | 2012 | ||
| =3 | ChileChile | 0.5% of GDP | 2012 | ||
| 5 | LatviaLatvia | 0.1% of GDP | 2012 | ||
| 6 | RussiaRussia | -0.1% of GDP | 2012 | ||
| 7 | EstoniaEstonia | -0.3% of GDP | 2012 | ||
| 8 | BulgariaBulgaria | -0.5% of GDP | 2012 | ||
| 9 | ChinaChina | -1.7% of GDP | 2012 | ||
| 10 | PolandPoland | -1.9% of GDP | 2012 | ||
| =11 | HungaryHungary | -2.1% of GDP | 2013 | ||
| =11 | TurkeyTurkey | -2.1% of GDP | 2012 | ||
| =11 | IndonesiaIndonesia | -2.1% of GDP | 2012 | ||
| 14 | PhilippinesPhilippines | -2.3% of GDP | 2012 | ||
| 15 | RomaniaRomania | -2.5% of GDP | 2012 | ||
| 16 | ArgentinaArgentina | -2.6% of GDP | 2012 | ||
| 17 | MexicoMexico | -2.7% of GDP | 2012 | ||
| 18 | LithuaniaLithuania | -3.4% of GDP | 2012 | ||
| =19 | ThailandThailand | -4.4% of GDP | 2012 | ||
| =19 | UkraineUkraine | -4.4% of GDP | 2012 | ||
| 21 | MalaysiaMalaysia | -4.5% of GDP | 2012 | ||
| 22 | South AfricaSouth Africa | -4.8% of GDP | 2012 | ||
| 23 | IndiaIndia | -5% of GDP | 2012 | ||
| 24 | PakistanPakistan | -6.6% of GDP | 2012 | ||
| 25 | 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.
