Government budget deficit

Subscribe to our free email alert service
<<  2002Deficit: Countries comparison2004  >>
<<  2002Deficit: Countries comparison2004  >> 2003
CountriesDeficit (M.€)Deficit ($M)Deficit (%GDP)
United States [+]-482,648
-545,815
-4.76%
United Kingdom [+]-56,491
-63,880
-3.10%
Germany [+]-81,921
-92,643
-3.70%
France [+]-66,317
-74,049
-4.10%
Japan [+]-297,072
-335,952
-7.43%
Spain [+]-3,009
-3,403
-0.38%
Italy [+]-44,876
-50,749
-3.20%
Portugal [+]-8,262
-9,286
-5.70%
Greece [+]-14,009
-15,842
-7.80%
Ireland [+]504
570
0.30%
Andorra [+]37
42
1.76%
United Arab Emirates [+]2,586
2,924
2.35%
Afghanistan [+]-85
-96
-2.10%
Antigua and Barbuda [+]-61
-69
-8.11%
Albania [+]-248
-281
-5.01%
Angola [+]-738
-834
-4.69%
Argentina [+]1,889
2,137
1.50%
Austria [+]-4,142
-3,623
-1.80%
Australia [+]5,029
5,687
1.05%
Azerbaijan [+]104
117
1.61%
Bosnia and Herzegovina [+]-33
-38
-0.44%
Barbados [+]-95
-107
-3.28%
Bangladesh [+]-1,245
-1,408
-1.96%
Belgium [+]-5,242
-5,928
-1.90%
Burkina Faso [+]-75
-85
-1.79%
Bulgaria [+]-7
1
0%
Bahrain [+]-174
-197
-1.78%
Burundi [+]-102
-116
-14.74%
Benin [+]-51
-57
-1.07%
Brunei [+]518
585
8.06%
Bolivia [+]-564
-637
-7.88%
Brazil [+]-25,556
-28,901
-5.18%
Bahamas [+]-174
-197
-2.22%
Bhutan [+]-56
-63
-11.00%
Botswana [+]-12
-14
-0.18%
Belarus [+]-1,099
-1,242
-6.74%
Belize [+]-97
-110
-8.68%
Canada [+]-1,005
-1,137
-0.13%
Democratic Republic of the Congo [+]-338
-383
-4.24%
Central African Republic [+]-32
-36
-3.05%
Republic of the Congo [+]12
14
0.37%
Switzerland [+]-4,357
-4,921
-1.40%
Côte d'Ivoire [+]-236
-267
-1.26%
Chile [+]-281
-318
-0.42%
Cameroon [+]79
89
0.56%
China [+]-35,081
-39,673
-2.39%
Colombia [+]-2,247
-2,541
-2.70%
Costa Rica [+]-524
-593
-3.43%
Cabo Verde [+]-35
-40
-4.50%
Cyprus [+]-760
-860
-5.90%
Czechia [+]-6,080
-6,867
-6.90%
Djibouti [+]-32
-36
-4.14%
Denmark [+]270
-290
0.10%
Dominica [+]3
3
0.85%
Dominican Republic [+]-1,177
-1,331
-6.19%
Algeria [+]4,690
5,303
7.82%
Ecuador [+]287
324
1.00%
Estonia [+]157
178
1.80%
Egypt [+]-4,314
-4,879
-5.73%
Eritrea [+]-132
-149
-22.21%
Ethiopia [+]-425
-481
-5.59%
Finland [+]3,678
4,015
2.40%
Fiji [+]-74
-84
-3.46%
Federated States of Micronesia [+]5
6
2.59%
Gabon [+]446
505
7.75%
Grenada [+]-17
-19
-3.25%
Georgia [+]-20
-22
-0.55%
Ghana [+]-332
-375
-2.14%
The Gambia [+]-13
-15
-1.73%
Guinea [+]-197
-223
-4.69%
Equatorial Guinea [+]259
293
7.78%
Guatemala [+]-504
-570
-2.47%
Guinea-Bissau [+]-28
-31
-5.63%
Guyana [+]-68
-77
-4.81%
Hong Kong [+]-4,557
-5,153
-3.17%
Honduras [+]-371
-419
-5.09%
Croatia [+]-1,425
-1,568
-4.60%
Haiti [+]-96
-109
-2.24%
Hungary [+]-5,418
-6,126
-7.20%
Indonesia [+]-2,433
-2,752
-1.08%
Israel [+]-5,586
-6,318
-4.81%
India [+]-61,411
-69,449
-11.23%
Iran [+]-4,713
-5,329
-3.36%
Iceland [+]-235
-266
-2.30%
Jamaica [+]-485
-549
-5.57%
Jordan [+]-236
-267
-2.53%
Kenya [+]-138
-156
-0.73%
Kyrgyzstan [+]-88
-99
-5.17%
Cambodia [+]-254
-288
-6.17%
Kiribati [+]-8
-9
-9.52%
Comoros [+]-10
-11
-2.05%
Saint Kitts and Nevis [+]-24
-27
-5.71%
South Korea [+]9,718
10,990
1.56%
Kuwait [+]7,323
8,282
17.31%
Kazakhstan [+]1,090
1,232
4.00%
Laos [+]-78
-88
-3.89%
Lebanon [+]-2,407
-2,722
-13.97%
Saint Lucia [+]-28
-32
-3.23%
Sri Lanka [+]-1,216
-1,375
-6.15%
Liberia [+]3
3
0.36%
Lesotho [+]10
12
0.92%
Lithuania [+]-211
-238
-1.30%
Luxembourg [+]72
83
0.30%
Latvia [+]-164
-187
-1.60%
Libya [+]1,473
1,666
6.17%
Morocco [+]-1,866
-2,110
-3.75%
Moldova [+]8
9
0.47%
Montenegro [+]-60
-68
-4.05%
Madagascar [+]-187
-212
-3.32%
Marshall Islands [+]12
14
10.57%
North Macedonia [+]-3
-4
-0.07%
Mali [+]-49
-56
-1.19%
Myanmar [+]-310
-350
-3.94%
Mongolia [+]-48
-54
-3.38%
Malta [+]-431
-496
-8.90%
Mauritius [+]-262
-296
-4.62%
Maldives [+]-32
-36
-3.45%
Malawi [+]-104
-118
-2.60%
Mexico [+]-15,191
-17,179
-2.36%
Malaysia [+]-4,879
-5,518
-4.60%
Mozambique [+]-153
-173
-2.75%
Namibia [+]-197
-222
-4.47%
Niger [+]-65
-74
-2.18%
Nigeria [+]-1,998
-2,260
-2.20%
Nicaragua [+]61
69
1.30%
Netherlands [+]-16,435
-17,751
-3.20%
Norway [+]14,620
16,526
7.20%
Nepal [+]-22
-24
-0.34%
New Zealand [+]2,690
3,042
3.69%
Oman [+]1,295
1,464
5.92%
Panama [+]-539
-609
-4.37%
Peru [+]-840
-950
-1.62%
Papua New Guinea [+]9
10
0.19%
Philippines [+]-2,687
-3,039
-3.49%
Pakistan [+]-117
-133
-0.13%
Poland [+]-11,623
-13,148
-6.00%
Palau [+]-3
-3
-2.23%
Paraguay [+]-1
-1
-0.01%
Qatar [+]1,407
1,592
6.71%
Romania [+]-729
-1,322
-1.40%
Serbia [+]-498
-563
-2.66%
Russia [+]5,510
6,231
1.35%
Rwanda [+]-23
-26
-1.23%
Saudi Arabia [+]2,287
2,587
1.20%
Solomon Islands [+]17
19
5.41%
Seychelles [+]21
24
3.40%
Sudan [+]145
164
0.77%
Sweden [+]-3,688
-4,067
-1.20%
Singapore [+]601
680
0.68%
Slovenia [+]-681
-770
-2.60%
Slovakia [+]-940
-1,063
-3.10%
Sierra Leone [+]-55
-62
-4.47%
Senegal [+]-40
-45
-0.52%
Suriname [+]-2
-2
-0.11%
Sao Tome and Principe [+]-8
-8
-8.88%
El Salvador [+]-462
-523
-3.95%
Syria [+]-519
-587
-2.70%
Eswatini [+]-41
-46
-2.05%
Chad [+]-154
-174
-5.60%
Togo [+]36
41
1.44%
Thailand [+]2,599
2,939
1.98%
Tajikistan [+]-24
-27
-1.76%
Timor-Leste [+]-35
-40
-8.24%
Turkmenistan [+]375
424
2.20%
Tunisia [+]-673
-761
-2.64%
Tonga [+]4
5
2.37%
Türkiye [+]-24,043
-23,832
-9.00%
Trinidad and Tobago [+]183
207
1.90%
Taiwan [+]-12,161
-13,753
-4.33%
Tanzania [+]-222
-251
-1.78%
Ukraine [+]-396
-447
-0.89%
Uganda [+]-75
-85
-0.97%
Uruguay [+]-255
-289
-2.20%
Uzbekistan [+]-547
-619
-4.87%
Saint Vincent and the Grenadines [+]-11
-13
-2.51%
Venezuela [+]17,019,817
19,247,320
0.17%
Viet Nam [+]-1,136
-1,285
-2.56%
Vanuatu [+]-4
-4
-1.35%
Samoa [+]-2
-2
-0.51%
Yemen [+]-438
-495
-4.20%
South Africa [+]-2,767
-3,129
-1.59%
Zambia [+]-230
-261
-5.31%

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.