This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits. |
|
|
|
Rank |
country |
(% of GDP)
|
Date of Information |
|
|
|
111 |
Malta |
-3.60 |
2010 est.
|
|
118 |
Burma |
-3.80 |
2010 est.
|
|
128 |
Syria |
-4.20 |
2010 est.
|
|
136 |
Italy |
-4.60 |
2010 est.
|
|
148 |
World |
-5.30 |
2010 est.
|
|
154 |
India |
-5.60 |
2010 est.
|
|
167 |
Kenya |
-6.30 |
2010 est.
|
|
182 |
Ghana |
-7.60 |
2010 est.
|
|
187 |
Egypt |
-8.00 |
2010 est.
|
|
189 |
Japan |
-8.10 |
2010 est.
|
|
191 |
Niger |
-8.90 |
2010 est.
|
|
194 |
Spain |
-9.30 |
2010 est.
|
|
198 |
Chad |
-11.60 |
2010 est.
|
|
202 |
Samoa |
-14.50 |
2010 est.
|
|
|