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. |
|
|
|
Rank |
country |
(% of GDP)
|
Date of Information |
|
|
|
105 |
Italy |
-2.90 |
2012 est.
|
|
109 |
Palau |
-3.20 |
2010 est.
|
|
119 |
Benin |
-3.70 |
2012 est.
|
|
124 |
World |
-3.80 |
2012 est.
|
|
127 |
Malta |
-3.90 |
2012 est.
|
|
132 |
Burma |
-4.00 |
2012 est.
|
|
134 |
Niger |
-4.10 |
2012 est.
|
|
147 |
Kenya |
-4.60 |
2012 est.
|
|
166 |
India |
-5.60 |
2012 est.
|
|
170 |
Ghana |
-5.90 |
2012 est.
|
|
173 |
Samoa |
-6.10 |
2012 est.
|
|
186 |
Aruba |
-7.40 |
2012 est.
|
|
187 |
Spain |
-7.40 |
2012 est.
|
|
199 |
Japan |
-9.10 |
2012 est.
|
|
200 |
Syria |
-9.50 |
2012 est.
|
|
202 |
Egypt |
-10.40 |
2012 est.
|
|
203 |
Sudan |
-10.80 |
2012 est.
|
|
208 |
Yemen |
-12.00 |
2012 est.
|
|
|