Government budget deficit

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<<  2007Deficit: Countries comparison2009  >>
<<  2007Deficit: Countries comparison2009  >> 2008
CountriesDeficit (M.€)Deficit ($M)Deficit (%GDP)
United States [+]-663,314
-975,466
-6.60%
United Kingdom [+]-102,301
-151,326
-5.10%
Germany [+]-2,963
-4,357
-0.10%
France [+]-69,690
-95,627
-3.50%
Japan [+]-142,710
-209,868
-4.11%
Spain [+]-50,731
-74,605
-4.57%
Italy [+]-41,989
-61,749
-2.60%
Portugal [+]-6,626
-9,744
-3.70%
Greece [+]-24,625
-36,213
-10.20%
Ireland [+]-13,167
-19,363
-7.00%
Andorra [+]-89
-130
-3.21%
United Arab Emirates [+]37,836
55,641
17.64%
Afghanistan [+]-272
-400
-3.88%
Antigua and Barbuda [+]-50
-73
-5.36%
Albania [+]-428
-629
-4.88%
Armenia [+]-139
-205
-1.76%
Angola [+]-2,550
-3,750
-4.24%
Argentina [+]870
1,279
0.35%
Austria [+]-4,393
-6,572
-1.50%
Australia [+]-7,908
-11,630
-1.10%
Azerbaijan [+]5,726
8,421
17.19%
Bosnia and Herzegovina [+]-497
-731
-3.91%
Barbados [+]-151
-222
-4.71%
Bangladesh [+]-2,511
-3,693
-3.37%
Belgium [+]-3,853
-5,666
-1.10%
Burkina Faso [+]-233
-343
-3.63%
Bulgaria [+]529
1,488
1.40%
Bahrain [+]745
1,096
4.26%
Burundi [+]-30
-44
-2.70%
Benin [+]-3
-4
-0.04%
Brunei [+]3,919
5,764
36.14%
Bolivia [+]408
599
3.57%
Brazil [+]-17,682
-26,003
-1.53%
Bahamas [+]-59
-87
-0.82%
Bhutan [+]-24
-35
-2.76%
Botswana [+]-554
-815
-7.61%
Belarus [+]-4,656
-6,848
-10.91%
Belize [+]15
22
1.28%
Canada [+]1,947
2,864
0.18%
Democratic Republic of the Congo [+]-63
-93
-0.48%
Central African Republic [+]-17
-25
-1.23%
Republic of the Congo [+]1,893
2,784
23.90%
Switzerland [+]7,484
10,969
1.90%
Côte d'Ivoire [+]-48
-71
-0.21%
Chile [+]4,802
7,062
3.93%
Cameroon [+]377
554
2.00%
China [+]-771
-1,134
-0.03%
Colombia [+]69
101
0.04%
Costa Rica [+]-59
-87
-0.28%
Cabo Verde [+]-19
-28
-1.55%
Cyprus [+]165
243
0.90%
Czechia [+]-3,183
-4,658
-2.00%
Djibouti [+]6
9
0.62%
Denmark [+]8,404
11,215
3.50%
Dominica [+]2
3
0.70%
Dominican Republic [+]-1,065
-1,567
-3.25%
Algeria [+]9,550
14,044
8.21%
Ecuador [+]236
347
0.56%
Estonia [+]-440
-647
-2.60%
Egypt [+]-7,026
-10,332
-6.05%
Eritrea [+]-198
-292
-31.61%
Ethiopia [+]-515
-757
-2.88%
Finland [+]8,114
11,941
4.20%
Fiji [+]35
51
1.35%
Federated States of Micronesia [+]-3
-4
-1.54%
Gabon [+]1,164
1,712
10.99%
Grenada [+]-21
-31
-3.76%
Georgia [+]-172
-253
-1.92%
Ghana [+]-1,552
-2,283
-5.91%
The Gambia [+]-5
-7
-0.45%
Guinea [+]18
26
0.37%
Equatorial Guinea [+]1,971
2,898
14.61%
Guatemala [+]-430
-632
-1.57%
Guinea-Bissau [+]-5
-7
-0.74%
Guyana [+]-47
-69
-2.78%
Hong Kong [+]362
533
0.25%
Honduras [+]-25
-37
-0.27%
Croatia [+]-1,131
-1,984
-2.30%
Haiti [+]-128
-189
-1.80%
Hungary [+]-4,098
-5,989
-3.80%
Indonesia [+]206
302
0.05%
Israel [+]-5,230
-7,691
-3.49%
India [+]-74,766
-109,950
-8.98%
Iraq [+]-766
-1,126
-0.86%
Iran [+]-14,880
-21,883
-5.14%
Iceland [+]-1,342
-2,194
-12.10%
Jamaica [+]-712
-1,048
-7.51%
Jordan [+]-738
-1,086
-4.80%
Kenya [+]-545
-801
-1.95%
Kyrgyzstan [+]67
99
1.92%
Cambodia [+]35
52
0.50%
Kiribati [+]-16
-24
-16.50%
Comoros [+]-9
-13
-1.46%
Saint Kitts and Nevis [+]-15
-23
-2.92%
South Korea [+]11,756
17,288
1.65%
Kuwait [+]20,211
29,722
20.16%
Kazakhstan [+]1,114
1,638
1.23%
Laos [+]-75
-110
-1.86%
Lebanon [+]-1,952
-2,870
-9.86%
Saint Lucia [+]-7
-10
-0.72%
Sri Lanka [+]-1,943
-2,857
-5.93%
Liberia [+]-31
-45
-2.70%
Lesotho [+]40
59
3.56%
Lithuania [+]-1,008
-1,571
-3.10%
Luxembourg [+]1,350
1,981
3.40%
Latvia [+]-1,043
-1,126
-4.30%
Libya [+]16,337
24,025
27.68%
Morocco [+]426
627
0.63%
Moldova [+]-36
-53
-0.87%
Montenegro [+]-71
-104
-2.30%
Madagascar [+]-126
-185
-1.72%
Marshall Islands [+]3
5
3.56%
North Macedonia [+]-63
-92
-0.93%
Mali [+]-132
-194
-1.98%
Myanmar [+]-449
-661
-2.60%
Mongolia [+]-173
-254
-4.52%
Mauritania [+]-116
-171
-3.32%
Malta [+]-253
-376
-4.10%
Mauritius [+]-183
-270
-2.66%
Maldives [+]-153
-226
-9.93%
Malawi [+]-149
-219
-2.92%
Mexico [+]-5,381
-7,914
-0.71%
Malaysia [+]-5,605
-8,242
-3.41%
Mozambique [+]-167
-245
-1.95%
Namibia [+]201
296
3.48%
Niger [+]55
81
1.11%
Nigeria [+]12,794
18,815
5.70%
Nicaragua [+]-23
-34
-0.41%
Netherlands [+]-23
963
0%
Norway [+]59,086
86,153
18.50%
Nepal [+]-28
-42
-0.29%
New Zealand [+]1,362
2,003
1.48%
Oman [+]6,957
10,231
14.66%
Panama [+]66
97
0.39%
Peru [+]2,047
3,011
2.48%
Papua New Guinea [+]217
319
2.73%
Philippines [+]20
30
0.02%
Pakistan [+]-8,164
-12,007
-6.27%
Poland [+]-13,200
-19,242
-3.60%
Palau [+]-2
-3
-1.75%
Paraguay [+]372
548
2.23%
Qatar [+]7,866
11,568
10.27%
Romania [+]-7,942
-9,869
-5.40%
Serbia [+]-633
-931
-1.79%
Russia [+]55,039
80,940
4.55%
Rwanda [+]29
43
0.83%
Saudi Arabia [+]105,338
154,909
29.80%
Solomon Islands [+]-8
-12
-1.74%
Seychelles [+]53
79
7.88%
Sudan [+]217
319
0.49%
Sweden [+]6,629
9,945
1.90%
Singapore [+]4,658
6,849
3.59%
Slovenia [+]-529
-778
-1.40%
Slovakia [+]-1,668
-2,452
-2.50%
Sierra Leone [+]-59
-87
-3.47%
San Marino [+]3
4
0.18%
Senegal [+]-405
-595
-3.53%
Suriname [+]62
91
2.39%
Sao Tome and Principe [+]17
26
13.65%
El Salvador [+]-465
-684
-3.80%
Syria [+]-1,025
-1,508
-2.86%
Eswatini [+]35
52
1.54%
Chad [+]256
377
3.61%
Togo [+]-18
-27
-0.60%
Thailand [+]1,592
2,342
0.80%
Tajikistan [+]63
93
1.80%
Timor-Leste [+]-82
-120
-18.56%
Turkmenistan [+]1,463
2,152
5.92%
Tunisia [+]-198
-291
-0.62%
Tonga [+]5
7
2.14%
Türkiye [+]-13,915
-20,349
-2.80%
Trinidad and Tobago [+]1,035
1,522
5.70%
Tuvalu [+]-3
-5
-17.23%
Taiwan [+]-7,739
-11,382
-2.74%
Tanzania [+]-362
-532
-1.92%
Ukraine [+]-3,870
-5,691
-3.14%
Uganda [+]-304
-447
-2.00%
Uruguay [+]-294
-432
-1.31%
Uzbekistan [+]1,456
2,141
5.97%
Saint Vincent and the Grenadines [+]-7
-10
-1.29%
Venezuela [+]-698,864,777
-1,027,747,047
-3.46%
Viet Nam [+]-379
-558
-0.45%
Vanuatu [+]0
0
-0.04%
Samoa [+]-2
-2
-0.36%
Yemen [+]-829
-1,220
-4.53%
South Africa [+]-1,045
-1,537
-0.49%
Zambia [+]-81
-120
-0.67%
Zimbabwe [+]-82
-121
-1.80%

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.