Government budget deficit

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<<  2022Deficit: Countries comparison
<<  2022Deficit: Countries comparison
CountriesDateDeficit (M.€)Deficit ($M)Deficit (%GDP)
United States [+]2022-895,438
-943,682
-3.71%
United Kingdom [+]2022-161,025
-169,701
-5.51%
Germany [+]2023-101,573
Germany [+]2022
-102,131
Germany [+]2023
-2.50%
France [+]2023-153,952
France [+]2022
-133,627
France [+]2023
-5.50%
Japan [+]2021-260,450
-308,249
-6.15%
Spain [+]2023-53,159
-57,481
-3.64%
Italy [+]2023-154,124
Italy [+]2022
-160,084
Italy [+]2023
-7.40%
Portugal [+]20233,194
Portugal [+]2022
-995
Portugal [+]2023
1.20%
Greece [+]2023-3,508
Greece [+]2022
-5,059
Greece [+]2023
-1.60%
Ireland [+]20238,328
Ireland [+]2022
8,465
Ireland [+]2023
1.70%
Andorra [+]2022155
163
4.88%
United Arab Emirates [+]202247,578
50,142
9.89%
Afghanistan [+]2021-42
-49
-0.33%
Antigua and Barbuda [+]2022-62
-66
-3.73%
Albania [+]2022-662
-698
-3.66%
Armenia [+]2022-391
-412
-2.11%
Angola [+]2022787
829
0.68%
Argentina [+]2022-23,029
-24,270
-3.85%
Austria [+]2023-12,671
Austria [+]2022
-16,679
Austria [+]2023
-2.70%
Australia [+]2021-89,171
-105,536
-6.45%
Azerbaijan [+]20224,459
4,699
5.97%
Bosnia and Herzegovina [+]2022216
227
0.93%
Barbados [+]2022-116
-189
-3.16%
Bangladesh [+]2022-17,982
-18,951
-4.12%
Belgium [+]2023-25,965
Belgium [+]2022
-22,495
Belgium [+]2023
-4.40%
Burkina Faso [+]2021-1,026
-1,215
-6.36%
Bulgaria [+]2023-1,766
Bulgaria [+]2022
-726
Bulgaria [+]2023
-1.90%
Bahrain [+]2022-2,569
-2,707
-6.10%
Burundi [+]2022-449
-473
-12.07%
Benin [+]2022-919
-969
-5.56%
Brunei [+]2022400
422
2.53%
Bolivia [+]2022-2,995
-3,157
-7.12%
Brazil [+]2022-56,566
-59,614
-3.11%
Bahamas [+]2022-680
-717
-5.80%
Bhutan [+]2022-189
-199
-7.52%
Botswana [+]20228
-278
-1.51%
Belarus [+]2022-2,728
-2,875
-3.95%
Belize [+]2022-21
-23
-0.75%
Canada [+]2022-16,507
-17,396
-0.81%
Democratic Republic of the Congo [+]2022-500
-527
-0.80%
Central African Republic [+]2021-131
-156
-6.02%
Republic of the Congo [+]2021184
218
1.73%
Switzerland [+]20229,333
7,682
1.20%
Côte d'Ivoire [+]2022-4,546
-4,791
-6.83%
Chile [+]20223,885
4,094
1.36%
Cameroon [+]2022-469
-494
-1.12%
China [+]2022-1,275,562
-1,344,286
-7.52%
Colombia [+]2022-20,231
-21,321
-6.21%
Costa Rica [+]2022-1,843
-1,942
-2.84%
Cabo Verde [+]2021-130
-154
-7.47%
Cyprus [+]2023919
Cyprus [+]2022
602
Cyprus [+]2023
3.10%
Czechia [+]2023-11,182
Czechia [+]2022
-10,596
Czechia [+]2023
-3.70%
Djibouti [+]2022-50
-53
-1.44%
Denmark [+]202311,693
Denmark [+]2022
13,396
Denmark [+]2023
3.10%
Dominica [+]2022-24
-26
-3.86%
Dominican Republic [+]2022-3,507
-3,695
-3.25%
Algeria [+]2022-5,289
-5,574
-2.86%
Ecuador [+]202250
53
0.05%
Estonia [+]2023-1,279
Estonia [+]2022
-354
Estonia [+]2023
-3.40%
Egypt [+]2022-26,058
-27,462
-5.78%
Eritrea [+]2020-81
-92
-4.36%
Ethiopia [+]2022-4,750
-5,005
-4.16%
Finland [+]2023-7,420
Finland [+]2022
-2,407
Finland [+]2023
-2.70%
Fiji [+]2022-528
-556
-12.12%
Federated States of Micronesia [+]202115
18
4.52%
Gabon [+]2021-317
-375
-1.85%
Grenada [+]202211
11
0.94%
Georgia [+]2022-607
-640
-2.60%
Ghana [+]2022-7,690
-8,104
-11.22%
The Gambia [+]2022-98
-104
-4.80%
Guinea [+]2021-235
-279
-1.73%
Equatorial Guinea [+]2021274
324
2.64%
Guatemala [+]2022-1,538
-1,621
-1.71%
Guinea-Bissau [+]2022-96
-101
-5.91%
Guyana [+]2021-475
-562
-7.29%
Hong Kong [+]2022-22,819
-24,048
-6.55%
Honduras [+]2022493
510
1.65%
Croatia [+]2023-529
Croatia [+]2022
276
Croatia [+]2023
-0.70%
Haiti [+]2022-400
-421
-2.05%
Hungary [+]2023-13,143
Hungary [+]2022
-11,239
Hungary [+]2023
-6.70%
Indonesia [+]2022-29,295
-30,873
-2.34%
Israel [+]20223,079
3,245
0.62%
India [+]2021-255,494
-302,383
-9.60%
Iraq [+]202218,937
19,957
7.64%
Iran [+]2021-57,780
-68,384
-4.30%
Iceland [+]2023-582
Iceland [+]2022
-1,147
Iceland [+]2023
-2.00%
Jamaica [+]202248
45
0.27%
Jordan [+]2021-2,960
-3,503
-7.75%
Kenya [+]2022-6,278
-6,617
-5.82%
Kyrgyzstan [+]2022-31
-32
-0.28%
Cambodia [+]2021-1,588
-1,879
-7.07%
Kiribati [+]2021-22
-26
-11.20%
Comoros [+]2021-30
-36
-2.78%
Saint Kitts and Nevis [+]2022-30
-31
-3.25%
South Korea [+]2022-25,470
-26,842
-1.60%
Kuwait [+]2021-401
-474
-0.35%
Kazakhstan [+]2022195
205
0.09%
Laos [+]2021-202
-239
-1.29%
Lebanon [+]2021111
131
0.64%
Saint Lucia [+]2022-32
-117
-5.78%
Sri Lanka [+]2021-8,748
-10,354
-11.64%
Liberia [+]2021-74
-88
-2.50%
Lesotho [+]2022-179
-166
-6.64%
Lithuania [+]2023-573
Lithuania [+]2022
-449
Lithuania [+]2023
-0.80%
Luxembourg [+]2023-993
Luxembourg [+]2022
145
Luxembourg [+]2023
-1.30%
Latvia [+]2023-893
Latvia [+]2022
-1,529
Latvia [+]2023
-2.20%
Libya [+]20228,308
8,756
23.17%
Morocco [+]2022-6,486
-6,835
-5.22%
Moldova [+]2022-446
-470
-3.23%
Montenegro [+]2022-242
-255
-4.17%
Madagascar [+]2022-922
-971
-6.41%
Marshall Islands [+]20222
2
0.66%
North Macedonia [+]2022-575
-606
-4.46%
Mali [+]2022-871
-918
-4.79%
Myanmar [+]2020-3,994
-4,559
-5.61%
Mongolia [+]2022107
112
0.66%
Mauritania [+]2021234
277
2.80%
Malta [+]2023-950
Malta [+]2022
-1,030
Malta [+]2023
-4.90%
Mauritius [+]2022-428
-451
-3.23%
Maldives [+]2022-708
-746
-11.96%
Malawi [+]2022-1,112
-1,171
-9.34%
Mexico [+]2022-60,165
-63,407
-4.33%
Malaysia [+]2022-22,707
-23,931
-5.88%
Mozambique [+]2022-915
-964
-5.03%
Namibia [+]2022-783
-825
-6.55%
Niger [+]2021-745
-882
-5.89%
Nigeria [+]2022-25,381
-26,749
-5.60%
Nicaragua [+]2022126
133
0.85%
Netherlands [+]2023-3,549
Netherlands [+]2022
-1,492
Netherlands [+]2023
-0.30%
Norway [+]202373,243
Norway [+]2022
146,855
Norway [+]2023
16.30%
Nepal [+]2022-1,220
-1,286
-3.15%
Nauru [+]202149
58
43.75%
New Zealand [+]2022-8,118
-8,555
-3.54%
Oman [+]20228,099
8,536
7.44%
Panama [+]2022-2,852
-3,006
-3.93%
Peru [+]2022-3,252
-3,428
-1.40%
Papua New Guinea [+]2022-1,578
-1,663
-5.31%
Philippines [+]2022-21,010
-22,142
-5.48%
Pakistan [+]2022-27,828
-29,327
-7.83%
Poland [+]2023-38,272
Poland [+]2022
-25,833
Poland [+]2023
-5.10%
State of Palestine [+]2022-171
-180
-0.96%
Palau [+]2022-9
-9
-3.57%
Paraguay [+]2022-1,493
-1,574
-3.77%
Qatar [+]202230,306
31,939
13.51%
Romania [+]2023-21,543
Romania [+]2022
-17,404
Romania [+]2023
-6.60%
Serbia [+]2022-89
-94
-0.15%
Russia [+]2022-28,856
-30,411
-1.36%
Rwanda [+]2021-654
-775
-7.00%
Saudi Arabia [+]202226,332
27,751
2.50%
Solomon Islands [+]2022-62
-66
-4.12%
Seychelles [+]2021-72
-85
-5.83%
Sudan [+]2021-84
-99
-0.29%
Sweden [+]2023-3,516
Sweden [+]2022
7,465
Sweden [+]2023
-0.60%
Singapore [+]20223,743
5,858
1.37%
Slovenia [+]2023-1,552
Slovenia [+]2022
-1,875
Slovenia [+]2023
-2.50%
Slovakia [+]2023-6,010
Slovakia [+]2022
-2,315
Slovakia [+]2023
-4.90%
Sierra Leone [+]2022-401
-422
-10.59%
San Marino [+]2022-7
-7
-0.40%
Senegal [+]2021-1,471
-1,741
-6.30%
Somalia [+]20222
2
0.02%
Suriname [+]2021-183
-217
-7.61%
South Sudan [+]2021-470
-556
-9.37%
Sao Tome and Principe [+]202025
28
5.92%
El Salvador [+]2022-752
-792
-2.44%
Syria [+]2009-1,120
-1,560
-2.89%
Eswatini [+]2022-211
-222
-4.50%
Chad [+]2021-180
-213
-1.81%
Togo [+]2022-644
-679
-8.34%
Thailand [+]2022-21,121
-22,259
-4.56%
Tajikistan [+]2022-23
-24
-0.23%
Timor-Leste [+]2022-2,618
-975
-19.88%
Turkmenistan [+]20221,796
1,893
2.45%
Tunisia [+]2022-2,923
-3,081
-6.65%
Tonga [+]2021-4
-4
-0.96%
Türkiye [+]2022-14,198
-14,962
-1.65%
Trinidad and Tobago [+]202289
94
0.33%
Tuvalu [+]20225
5
8.75%
Taiwan [+]2022-12,363
-13,029
-1.71%
Tanzania [+]2021-1,841
-2,179
-3.10%
Ukraine [+]2022-23,981
-25,273
-15.75%
Uganda [+]2022-2,676
-2,820
-5.85%
Uruguay [+]2022-1,702
-1,794
-2.52%
Uzbekistan [+]2022-3,181
-3,352
-4.17%
Saint Vincent and the Grenadines [+]2022-84
-89
-9.39%
Venezuela [+]2017-23,598
-26,649
-13.27%
Viet Nam [+]2021-10,726
-12,694
-3.47%
Vanuatu [+]2020-17
-20
-1.97%
Samoa [+]202243
45
5.37%
Yemen [+]2022-580
-611
-2.60%
South Africa [+]2022-18,137
-19,114
-4.72%
Zambia [+]2022-2,161
-2,278
-7.66%
Zimbabwe [+]2021-658
-68,927
-2.16%

Deficit is the negative difference between revenues and expenditures of the state, ie, expenses are higher than revenues.

There is surplus when the difference is positive, ie, revenues exceed expenditures.

As in the case of debt, to measure the importance of the deficit in an economy is compared to GDP, to calculate the percentage of deficit to GDP.