Government budget deficit

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<<  2006Deficit: Countries comparison2008  >>
<<  2006Deficit: Countries comparison2008  >> 2007
CountriesDeficit (M.€)Deficit ($M)Deficit (%GDP)
United States [+]-306,849
-420,579
-2.91%
United Kingdom [+]-59,734
-81,820
-2.60%
Germany [+]6,521
8,938
0.30%
France [+]-57,936
-70,148
-3.00%
Japan [+]-96,933
-132,861
-2.90%
Spain [+]20,287
27,806
1.89%
Italy [+]-21,643
-29,665
-1.30%
Portugal [+]-5,088
-7,071
-2.90%
Greece [+]-15,607
-21,392
-6.70%
Ireland [+]528
724
0.30%
Andorra [+]-82
-112
-2.83%
United Arab Emirates [+]32,222
44,165
17.12%
Afghanistan [+]-156
-213
-2.49%
Antigua and Barbuda [+]-54
-74
-5.64%
Albania [+]-248
-339
-3.18%
Armenia [+]-157
-215
-2.33%
Angola [+]2,053
2,814
4.31%
Argentina [+]1,590
2,180
0.76%
Austria [+]-3,847
-5,381
-1.40%
Australia [+]10,220
14,008
1.48%
Azerbaijan [+]564
774
2.34%
Bosnia and Herzegovina [+]19
27
0.17%
Barbados [+]-167
-229
-4.86%
Bangladesh [+]-1,297
-1,778
-1.86%
Belgium [+]228
314
0.10%
Burkina Faso [+]-279
-382
-5.02%
Bulgaria [+]-3
1,372
0%
Bahrain [+]252
346
1.59%
Burundi [+]-25
-34
-2.51%
Benin [+]13
18
0.22%
Brunei [+]309
423
3.12%
Bolivia [+]168
230
1.74%
Brazil [+]-27,901
-38,242
-2.74%
Bahamas [+]-58
-80
-0.77%
Bhutan [+]6
8
0.85%
Botswana [+]456
625
5.73%
Belarus [+]-2,672
-3,662
-7.82%
Belize [+]-2
-3
-0.19%
Canada [+]19,501
26,729
1.82%
Democratic Republic of the Congo [+]56
76
0.45%
Central African Republic [+]13
18
1.04%
Republic of the Congo [+]576
789
8.99%
Switzerland [+]5,651
7,733
1.60%
Côte d'Ivoire [+]-80
-109
-0.39%
Chile [+]10,015
13,727
7.96%
Cameroon [+]676
927
3.87%
China [+]1,529
2,096
0.06%
Colombia [+]-1,233
-1,691
-0.82%
Costa Rica [+]61
83
0.31%
Cabo Verde [+]-10
-14
-0.94%
Cyprus [+]566
777
3.20%
Czechia [+]-896
-1,225
-0.60%
Djibouti [+]-16
-22
-1.88%
Denmark [+]12,418
16,037
5.30%
Dominica [+]6
8
1.80%
Dominican Republic [+]34
46
0.11%
Algeria [+]4,811
6,594
4.89%
Ecuador [+]967
1,325
2.60%
Estonia [+]450
615
2.70%
Egypt [+]-4,899
-6,714
-4.90%
Eritrea [+]-151
-206
-20.23%
Ethiopia [+]-503
-690
-3.57%
Finland [+]9,556
13,116
5.10%
Fiji [+]8
11
0.30%
Federated States of Micronesia [+]-7
-9
-3.50%
Gabon [+]733
1,004
8.06%
Grenada [+]-33
-45
-5.94%
Georgia [+]62
84
0.81%
Ghana [+]-1,307
-1,791
-5.26%
The Gambia [+]3
3
0.28%
Guinea [+]58
80
1.26%
Equatorial Guinea [+]1,639
2,246
17.16%
Guatemala [+]-359
-491
-1.40%
Guinea-Bissau [+]-48
-66
-8.77%
Guyana [+]-54
-75
-3.35%
Hong Kong [+]11,563
15,849
7.34%
Honduras [+]-23
-31
-0.25%
Croatia [+]-942
-1,341
-2.10%
Haiti [+]-107
-147
-1.55%
Hungary [+]-5,206
-7,126
-5.10%
Indonesia [+]-3,249
-4,453
-0.95%
Israel [+]-405
-555
-0.30%
India [+]-40,715
-55,805
-4.51%
Iraq [+]5,079
6,962
7.84%
Iran [+]-7,554
-10,354
-2.87%
Iceland [+]886
1,212
5.60%
Jamaica [+]-369
-505
-3.80%
Jordan [+]-659
-903
-5.12%
Kenya [+]-256
-350
-0.95%
Kyrgyzstan [+]35
49
1.28%
Cambodia [+]46
63
0.73%
Kiribati [+]-13
-18
-12.98%
Comoros [+]-7
-9
-1.18%
Saint Kitts and Nevis [+]-14
-20
-2.86%
South Korea [+]22,214
30,447
2.60%
Kuwait [+]31,301
42,902
37.41%
Kazakhstan [+]3,928
5,383
5.13%
Laos [+]-39
-53
-1.12%
Lebanon [+]-1,980
-2,713
-10.93%
Saint Lucia [+]-16
-21
-1.59%
Sri Lanka [+]-1,622
-2,223
-5.81%
Liberia [+]24
33
2.28%
Lesotho [+]121
166
9.46%
Lithuania [+]-237
-397
-0.80%
Luxembourg [+]1,642
2,246
4.40%
Latvia [+]-128
185
-0.60%
Libya [+]14,115
19,346
28.36%
Morocco [+]-72
-99
-0.12%
Moldova [+]5
7
0.15%
Montenegro [+]227
311
8.43%
Madagascar [+]-144
-197
-2.31%
Marshall Islands [+]0
0
0.27%
North Macedonia [+]35
48
0.58%
Mali [+]-166
-227
-2.78%
Myanmar [+]-432
-592
-3.32%
Mongolia [+]82
112
2.64%
Mauritania [+]-44
-60
-1.38%
Malta [+]-119
-171
-2.00%
Mauritius [+]-186
-255
-2.96%
Maldives [+]-43
-59
-3.16%
Malawi [+]-116
-160
-2.56%
Mexico [+]-11,729
-16,076
-1.53%
Malaysia [+]-3,805
-5,215
-2.57%
Mozambique [+]-173
-237
-2.27%
Namibia [+]383
524
6.01%
Niger [+]-31
-43
-0.75%
Nigeria [+]-2,136
-2,927
-1.12%
Nicaragua [+]72
98
1.32%
Netherlands [+]-1,618
-1,811
-0.30%
Norway [+]50,162
68,602
17.00%
Nepal [+]-58
-79
-0.67%
New Zealand [+]3,546
4,861
3.60%
Oman [+]3,696
5,066
10.49%
Panama [+]498
682
3.20%
Peru [+]2,496
3,421
3.35%
Papua New Guinea [+]481
659
6.90%
Philippines [+]-324
-444
-0.29%
Pakistan [+]-5,689
-7,797
-4.55%
Poland [+]-5,908
-8,076
-1.90%
Palau [+]-3
-4
-2.11%
Paraguay [+]209
287
1.61%
Qatar [+]6,192
8,487
11.17%
Romania [+]-3,526
-5,319
-2.80%
Serbia [+]-264
-362
-0.83%
Russia [+]56,782
77,827
5.59%
Rwanda [+]-46
-63
-1.56%
Saudi Arabia [+]35,737
48,983
11.78%
Solomon Islands [+]-1
-2
-0.27%
Seychelles [+]-75
-103
-9.93%
Sudan [+]-1,233
-1,689
-2.84%
Sweden [+]12,052
16,365
3.40%
Singapore [+]9,577
13,127
7.12%
Slovenia [+]-17
-23
0%
Slovakia [+]-1,155
-1,584
-2.10%
Sierra Leone [+]316
434
20.09%
San Marino [+]29
40
1.83%
Senegal [+]-286
-392
-2.80%
Suriname [+]115
158
5.01%
Sao Tome and Principe [+]132
181
125.14%
El Salvador [+]-288
-395
-2.32%
Syria [+]-882
-1,209
-2.99%
Eswatini [+]60
82
2.30%
Chad [+]160
219
2.53%
Togo [+]-50
-69
-1.92%
Thailand [+]411
564
0.22%
Tajikistan [+]60
83
2.23%
Timor-Leste [+]-118
-162
-29.93%
Turkmenistan [+]740
1,014
2.31%
Tunisia [+]-735
-1,007
-2.47%
Tonga [+]12
16
5.39%
Türkiye [+]-7,195
-13,110
-1.50%
Trinidad and Tobago [+]501
686
3.24%
Tuvalu [+]-4
-5
-18.60%
Taiwan [+]-6,599
-9,044
-2.22%
Tanzania [+]-230
-315
-1.44%
Ukraine [+]-2,056
-2,818
-1.97%
Uganda [+]-104
-143
-0.82%
Uruguay [+]-29
-40
-0.16%
Uzbekistan [+]725
994
3.55%
Saint Vincent and the Grenadines [+]-16
-22
-3.07%
Venezuela [+]-473,141,903
-648,506,745
-2.82%
Viet Nam [+]-1,249
-1,711
-1.74%
Vanuatu [+]1
1
0.28%
Samoa [+]2
3
0.55%
Yemen [+]-1,135
-1,555
-7.18%
South Africa [+]2,958
4,054
1.22%
Zambia [+]-106
-146
-1.04%
Zimbabwe [+]-143
-196
-2.52%

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.