Government budget deficit

Subscribe to our free email alert service
<<  2017Deficit: Countries comparison2019  >>
<<  2017Deficit: Countries comparison2019  >>
CountriesDateDeficit (M.€)Deficit ($M)Deficit (%GDP)
United States [+]2018-926,137
-1,094,222
-5.33%
United Kingdom [+]2018-54,164
-62,715
-2.20%
Germany [+]201865,623
77,533
1.90%
France [+]2018-54,616
-63,913
-2.30%
Japan [+]2018-105,415
-124,546
-2.47%
Spain [+]2018-31,224
-36,891
-2.59%
Italy [+]2018-38,353
-45,754
-2.20%
Portugal [+]2018-716
-846
-0.30%
Greece [+]20181,628
1,716
0.90%
Ireland [+]2018437
548
0.10%
Andorra [+]201873
86
2.67%
United Arab Emirates [+]20184,010
4,738
1.12%
Afghanistan [+]2018255
301
1.63%
Antigua and Barbuda [+]2018-34
-40
-2.47%
Albania [+]2018-169
-200
-1.32%
Armenia [+]2018-185
-218
-1.75%
Angola [+]20181,962
2,318
2.29%
Argentina [+]2018-24,152
-28,535
-5.44%
Austria [+]2018656
775
0.20%
Australia [+]2018-15,111
-17,854
-1.26%
Azerbaijan [+]20182,191
2,589
5.50%
Bosnia and Herzegovina [+]2018283
334
1.66%
Barbados [+]2018-13
-16
-0.30%
Bangladesh [+]2018-11,067
-13,075
-4.07%
Belgium [+]2018-4,002
-4,728
-0.90%
Burkina Faso [+]2018-597
-706
-4.39%
Bulgaria [+]2018971
82
1.70%
Bahrain [+]2018-3,777
-4,463
-11.80%
Burundi [+]2018-171
-202
-6.66%
Benin [+]2018-359
-424
-2.98%
Brunei [+]2018-412
-486
-3.59%
Bolivia [+]2018-2,797
-3,305
-8.14%
Brazil [+]2018-114,056
-134,757
-7.03%
Bahamas [+]2018-351
-415
-3.31%
Bhutan [+]2018-55
-65
-2.58%
Botswana [+]2018-731
-864
-5.03%
Belarus [+]2018917
1,083
1.81%
Belize [+]2018-26
-31
-1.37%
Canada [+]20185,255
6,209
0.36%
Democratic Republic of the Congo [+]2018-14
-16
-0.04%
Central African Republic [+]2018-19
-22
-0.97%
Republic of the Congo [+]2018653
772
5.66%
Switzerland [+]20187,927
9,363
1.30%
Côte d'Ivoire [+]2018-1,439
-1,700
-2.93%
Chile [+]2018-3,706
-4,379
-1.48%
Cameroon [+]2018-815
-963
-2.41%
China [+]2018-501,835
-592,913
-4.28%
Colombia [+]2018-13,200
-15,596
-4.67%
Costa Rica [+]2018-3,027
-3,577
-5.73%
Cabo Verde [+]2018-44
-52
-2.42%
Cyprus [+]2018-785
-916
-3.60%
Czechia [+]20181,883
2,222
0.90%
Djibouti [+]2018-71
-84
-2.88%
Denmark [+]20182,299
2,714
0.80%
Dominica [+]2018-92
-109
-18.69%
Dominican Republic [+]2018-1,566
-1,850
-2.16%
Algeria [+]2018-10,131
-11,970
-6.83%
Ecuador [+]2018-4,306
-5,087
-4.73%
Estonia [+]2018-143
-169
-0.60%
Egypt [+]2018-19,990
-23,618
-8.98%
Eritrea [+]201871
84
4.21%
Ethiopia [+]2018-2,056
-2,430
-3.03%
Finland [+]2018-1,995
-2,354
-0.90%
Fiji [+]2018-202
-239
-4.38%
Federated States of Micronesia [+]201882
97
24.23%
Gabon [+]2018-30
-36
-0.21%
Grenada [+]201845
54
4.59%
Georgia [+]2018-122
-144
-0.82%
Ghana [+]2018-3,866
-4,568
-6.79%
The Gambia [+]2018-81
-95
-5.74%
Guinea [+]2018-110
-130
-1.09%
Equatorial Guinea [+]201859
70
0.53%
Guatemala [+]2018-1,167
-1,379
-1.88%
Guinea-Bissau [+]2018-63
-74
-4.76%
Guyana [+]2018-112
-133
-2.77%
Hong Kong [+]20187,337
8,669
2.35%
Honduras [+]201840
47
0.20%
Croatia [+]2018-14
-18
0%
Haiti [+]2018-140
-166
-1.01%
Hungary [+]2018-2,798
-3,392
-2.10%
Indonesia [+]2018-15,446
-18,249
-1.75%
Israel [+]2018-11,458
-13,537
-3.59%
India [+]2018-145,861
-172,334
-6.38%
Iraq [+]201814,973
17,691
7.92%
Iran [+]2018-7,164
-8,464
-1.64%
Iceland [+]2018212
240
1.00%
Jamaica [+]2018158
187
1.18%
Jordan [+]2018-1,695
-2,003
-4.66%
Kenya [+]2018-5,392
-6,371
-6.91%
Kyrgyzstan [+]2018-41
-49
-0.59%
Cambodia [+]2018138
163
0.66%
Kiribati [+]2018-3
-3
-1.68%
Comoros [+]2018-13
-16
-1.35%
Saint Kitts and Nevis [+]201811
13
1.17%
South Korea [+]201837,429
44,222
2.56%
Kuwait [+]20188,249
9,746
7.05%
Kazakhstan [+]20183,916
4,626
2.58%
Laos [+]2018-716
-845
-4.66%
Lebanon [+]2018-5,251
-6,204
-11.30%
Saint Lucia [+]2018-18
-21
-1.04%
Sri Lanka [+]2018-3,963
-4,682
-4.96%
Liberia [+]2018-125
-148
-4.54%
Lesotho [+]2018-94
-111
-4.76%
Lithuania [+]2018245
321
0.50%
Luxembourg [+]20181,790
2,130
3.00%
Latvia [+]2018-217
-254
-0.70%
Libya [+]20186,096
7,203
9.39%
Morocco [+]2018-3,698
-4,369
-3.43%
Moldova [+]2018-81
-96
-0.85%
Montenegro [+]2018-290
-343
-6.21%
Madagascar [+]2018-156
-184
-1.34%
Marshall Islands [+]20185
6
2.54%
North Macedonia [+]2018-189
-223
-1.76%
Mali [+]2018-685
-810
-4.74%
Myanmar [+]2018-1,921
-2,269
-3.40%
Mongolia [+]2018319
377
2.85%
Mauritania [+]2018204
241
3.23%
Malta [+]2018255
318
2.00%
Mauritius [+]2018-273
-322
-2.23%
Maldives [+]2018-236
-279
-5.27%
Malawi [+]2018-363
-429
-4.35%
Mexico [+]2018-22,740
-26,867
-2.20%
Malaysia [+]2018-8,036
-9,494
-2.65%
Mozambique [+]2018-702
-829
-5.59%
Namibia [+]2018-590
-697
-5.09%
Niger [+]2018-326
-385
-3.00%
Nigeria [+]2018-15,402
-18,198
-4.32%
Nicaragua [+]2018-333
-394
-3.02%
Netherlands [+]201811,628
13,072
1.50%
Norway [+]201829,118
34,364
7.80%
Nepal [+]2018-1,635
-1,932
-5.83%
Nauru [+]201835
42
33.62%
New Zealand [+]20182,222
2,625
1.25%
Oman [+]2018-5,204
-6,148
-6.72%
Panama [+]2018-1,755
-2,074
-3.19%
Peru [+]2018-3,815
-4,507
-1.99%
Papua New Guinea [+]2018-526
-622
-2.58%
Philippines [+]2018-4,558
-5,385
-1.55%
Pakistan [+]2018-17,102
-20,206
-5.67%
Poland [+]2018-1,245
-1,438
-0.20%
State of Palestine [+]2018-339
-400
-2.46%
Palau [+]201815
18
6.26%
Paraguay [+]2018-524
-620
-1.54%
Qatar [+]20189,190
10,858
5.92%
Romania [+]2018-5,809
-7,121
-2.80%
Serbia [+]2018348
411
0.81%
Russia [+]201840,900
48,323
2.92%
Rwanda [+]2018-210
-248
-2.57%
Saudi Arabia [+]2018-39,079
-46,171
-5.65%
Solomon Islands [+]201811
14
0.84%
Seychelles [+]2018-14
-17
-1.03%
Sudan [+]2018-2,243
-2,650
-7.93%
Sweden [+]20183,543
4,546
0.80%
Singapore [+]201811,859
14,011
3.68%
Slovenia [+]2018341
403
0.70%
Slovakia [+]2018-909
-1,069
-1.00%
Sierra Leone [+]2018-193
-228
-5.59%
San Marino [+]2018-22
-26
-1.56%
Senegal [+]2018-717
-847
-3.66%
Somalia [+]20182
2
0.04%
Suriname [+]2018-177
-210
-5.25%
South Sudan [+]2018-25
-29
-0.63%
Sao Tome and Principe [+]2018-7
-8
-1.88%
El Salvador [+]2018-596
-704
-2.71%
Syria [+]2009-1,120
-1,560
-2.89%
Eswatini [+]2018-381
-451
-9.54%
Chad [+]2018181
214
1.94%
Togo [+]2018-35
-42
-0.58%
Thailand [+]2018271
320
0.06%
Tajikistan [+]2018-177
-209
-2.69%
Timor-Leste [+]2018-355
-419
-26.43%
Turkmenistan [+]2018-74
-88
-0.18%
Tunisia [+]2018-1,541
-1,821
-4.27%
Tonga [+]201812
14
2.93%
Türkiye [+]2018-24,987
-29,522
-3.79%
Trinidad and Tobago [+]2018-1,191
-1,407
-5.94%
Tuvalu [+]201813
15
30.33%
Taiwan [+]2018-9,621
-11,367
-1.87%
Tanzania [+]2018-927
-1,095
-1.93%
Ukraine [+]2018-2,132
-2,519
-1.92%
Uganda [+]2018-874
-1,033
-3.02%
Uruguay [+]2018-1,018
-1,203
-1.87%
Uzbekistan [+]2018878
1,037
1.97%
Saint Vincent and the Grenadines [+]2018-6
-7
-0.83%
Venezuela [+]2017-23,598
-26,649
-13.27%
Viet Nam [+]2018-2,631
-3,109
-1.03%
Vanuatu [+]201849
58
6.26%
Samoa [+]20180
0
0.06%
Yemen [+]2018-1,435
-1,695
-7.85%
South Africa [+]2018-12,797
-15,119
-3.74%
Zambia [+]2018-1,850
-2,186
-8.31%
Zimbabwe [+]2018-1,698
-2,006
-5.43%

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.