NationsTreeRanking · latest available · data as of 26 October 2026 · printed 27 Oct 2026
Government budget balance (% of GDP)
Government revenue minus spending (net lending/borrowing) as a share of GDP. Negative values are deficits. IMF World Economic Outlook. Higher is better.
Source: International Monetary Fund · World Economic Outlook (DataMapper) · GGXCNL_NGDP
Top 5 over time
Dashed line: world median| # | Country | Region | Government budget balance% of GDP | Year |
|---|---|---|---|---|
| 1 |  Tuvalu |
East Asia & Pacific | 25.8% of GDP | 2025 |
| 2 |  Kuwait |
Middle East, North Africa, Afghanistan & Pakistan | 24.5% of GDP | 2025 |
| 3 |  Norway |
Europe & Central Asia | 10.6% of GDP | 2025 |
| 4 |  Macao |
East Asia & Pacific | 8.3% of GDP | 2025 |
| 5 |  Vanuatu |
East Asia & Pacific | 6.2% of GDP | 2025 |
| 6 |  Lesotho |
Sub-Saharan Africa | 4.9% of GDP | 2025 |
| 7 |  Marshall Islands |
East Asia & Pacific | 4.8% of GDP | 2025 |
| 8 |  Samoa |
East Asia & Pacific | 4.7% of GDP | 2025 |
| 9 |  Singapore |
East Asia & Pacific | 4.2% of GDP | 2025 |
| 10 |  Aruba |
Latin America & Caribbean | 4.0% of GDP | 2025 |
| 11 |  United Arab Emirates |
Middle East, North Africa, Afghanistan & Pakistan | 3.9% of GDP | 2025 |
| 12 |  Andorra |
Europe & Central Asia | 3.6% of GDP | 2025 |
| 13 |  Naoero |
East Asia & Pacific | 3.5% of GDP | 2025 |
| 13 |  Nicaragua |
Latin America & Caribbean | 3.5% of GDP | 2025 |
| 15 |  Cyprus |
Europe & Central Asia | 3.4% of GDP | 2025 |
| 16 |  Lebanon |
Middle East, North Africa, Afghanistan & Pakistan | 3.3% of GDP | 2025 |
| 16 |  South Sudan |
Sub-Saharan Africa | 3.3% of GDP | 2025 |
| 18 |  Antigua and Barbuda |
Latin America & Caribbean | 3.2% of GDP | 2025 |
| 19 |  Denmark |
Europe & Central Asia | 2.9% of GDP | 2025 |
| 20 |  Liechtenstein |
Europe & Central Asia | 2.8% of GDP | 2025 |
| 21 |  Azerbaijan |
Europe & Central Asia | 2.6% of GDP | 2025 |
| 21 |  Kyrgyzstan |
Europe & Central Asia | 2.6% of GDP | 2025 |
| 23 |  Mongolia |
East Asia & Pacific | 2.2% of GDP | 2025 |
| 24 |  Ireland |
Europe & Central Asia | 1.9% of GDP | 2025 |
| 24 |  Laos |
East Asia & Pacific | 1.9% of GDP | 2025 |
| 26 |  Greece |
Europe & Central Asia | 1.7% of GDP | 2025 |
| 27 |  Tonga |
East Asia & Pacific | 1.2% of GDP | 2025 |
| 28 |  Cabo Verde |
Sub-Saharan Africa | 1.1% of GDP | 2025 |
| 29 |  Congo |
Sub-Saharan Africa | 0.7% of GDP | 2025 |
| 29 |  Portugal |
Europe & Central Asia | 0.7% of GDP | 2025 |
| 31 |  Oman |
Middle East, North Africa, Afghanistan & Pakistan | 0.6% of GDP | 2025 |
| 31 |  San Marino |
Europe & Central Asia | 0.6% of GDP | 2025 |
| 33 |  Tajikistan |
Europe & Central Asia | 0.5% of GDP | 2025 |
| 34 |  Micronesia |
East Asia & Pacific | 0.4% of GDP | 2025 |
| 35 |  Switzerland |
Europe & Central Asia | 0.2% of GDP | 2025 |
| 36 |  Belarus |
Europe & Central Asia | 0.1% of GDP | 2025 |
| 36 |  Turkmenistan |
Europe & Central Asia | 0.1% of GDP | 2025 |
| 36 |  Zimbabwe |
Sub-Saharan Africa | 0.1% of GDP | 2025 |
| 39 |  Vietnam |
East Asia & Pacific | 0.0% of GDP | 2025 |
| 40 |  Argentina |
Latin America & Caribbean | -0.2% of GDP | 2025 |
| 40 |  Barbados |
Latin America & Caribbean | -0.2% of GDP | 2025 |
| 42 |  Chad |
Sub-Saharan Africa | -0.3% of GDP | 2025 |
| 42 |  Haiti |
Latin America & Caribbean | -0.3% of GDP | 2025 |
| 42 |  Mauritania |
Sub-Saharan Africa | -0.3% of GDP | 2025 |
| 42 |  Somalia, Fed. Rep. |
Sub-Saharan Africa | -0.3% of GDP | 2025 |
| 46 |  Palau |
East Asia & Pacific | -0.4% of GDP | 2025 |
| 46 |  Puerto Rico (US) |
Latin America & Caribbean | -0.4% of GDP | 2025 |
| 48 |  Afghanistan |
Middle East, North Africa, Afghanistan & Pakistan | -0.5% of GDP | 2025 |
| 48 |  Bahamas |
Latin America & Caribbean | -0.5% of GDP | 2025 |
| 48 |  Dominica |
Latin America & Caribbean | -0.5% of GDP | 2025 |
| 51 |  Equatorial Guinea |
Sub-Saharan Africa | -0.6% of GDP | 2025 |
| 52 |  Honduras |
Latin America & Caribbean | -0.7% of GDP | 2025 |
| 52 |  Japan |
East Asia & Pacific | -0.7% of GDP | 2025 |
| 54 |  Belize |
Latin America & Caribbean | -1.0% of GDP | 2025 |
| 54 |  Cambodia |
East Asia & Pacific | -1.0% of GDP | 2025 |
| 54 |  Qatar |
Middle East, North Africa, Afghanistan & Pakistan | -1.0% of GDP | 2025 |
| 54 |  Seychelles |
Sub-Saharan Africa | -1.0% of GDP | 2025 |
| 58 |  Ethiopia |
Sub-Saharan Africa | -1.2% of GDP | 2025 |
| 59 |  Comoros |
Sub-Saharan Africa | -1.3% of GDP | 2025 |
| 59 |  Ghana |
Sub-Saharan Africa | -1.3% of GDP | 2025 |
| 59 |  Sweden |
Europe & Central Asia | -1.3% of GDP | 2025 |
| 62 |  Djibouti |
Middle East, North Africa, Afghanistan & Pakistan | -1.4% of GDP | 2025 |
| 63 |  Burkina Faso |
Sub-Saharan Africa | -1.5% of GDP | 2025 |
| 63 |  Georgia |
Europe & Central Asia | -1.5% of GDP | 2025 |
| 63 |  Mali |
Sub-Saharan Africa | -1.5% of GDP | 2025 |
| 66 |  Netherlands |
Europe & Central Asia | -1.6% of GDP | 2025 |
| 66 |  Uzbekistan |
Europe & Central Asia | -1.6% of GDP | 2025 |
| 68 |  Canada |
North America | -1.7% of GDP | 2025 |
| 68 |  Paraguay |
Latin America & Caribbean | -1.7% of GDP | 2025 |
| 68 |  Thailand |
East Asia & Pacific | -1.7% of GDP | 2025 |
| 71 |  Albania |
Europe & Central Asia | -1.8% of GDP | 2025 |
| 71 |  Lithuania |
Europe & Central Asia | -1.8% of GDP | 2025 |
| 71 |  Nepal |
South Asia | -1.8% of GDP | 2025 |
| 71 |  Nigeria |
Sub-Saharan Africa | -1.8% of GDP | 2025 |
| 75 |  Guatemala |
Latin America & Caribbean | -1.9% of GDP | 2025 |
| 75 |  Saint Lucia |
Latin America & Caribbean | -1.9% of GDP | 2025 |
| 77 |  Estonia |
Europe & Central Asia | -2.0% of GDP | 2025 |
| 77 |  Luxembourg |
Europe & Central Asia | -2.0% of GDP | 2025 |
| 79 |  Cameroon |
Sub-Saharan Africa | -2.1% of GDP | 2025 |
| 79 |  Czechia |
Europe & Central Asia | -2.1% of GDP | 2025 |
| 79 |  Liberia |
Sub-Saharan Africa | -2.1% of GDP | 2025 |
| 79 |  Madagascar |
Sub-Saharan Africa | -2.1% of GDP | 2025 |
| 79 |  Papua New Guinea |
East Asia & Pacific | -2.1% of GDP | 2025 |
| 84 |  Malta |
Middle East, North Africa, Afghanistan & Pakistan | -2.2% of GDP | 2025 |
| 84 |  Serbia |
Europe & Central Asia | -2.2% of GDP | 2025 |
| 86 |  South Korea |
East Asia & Pacific | -2.3% of GDP | 2025 |
| 86 |  Sri Lanka |
South Asia | -2.3% of GDP | 2025 |
| 88 |  DR Congo |
Sub-Saharan Africa | -2.4% of GDP | 2025 |
| 88 |  Fiji |
East Asia & Pacific | -2.4% of GDP | 2025 |
| 88 |  Peru |
Latin America & Caribbean | -2.4% of GDP | 2025 |
| 88 |  Spain |
Europe & Central Asia | -2.4% of GDP | 2025 |
| 92 |  Bosnia and Herzegovina |
Europe & Central Asia | -2.5% of GDP | 2025 |
| 92 |  Jamaica |
Latin America & Caribbean | -2.5% of GDP | 2025 |
| 92 |  Slovenia |
Europe & Central Asia | -2.5% of GDP | 2025 |
| 95 |  Iceland |
Europe & Central Asia | -2.6% of GDP | 2025 |
| 95 |  Tanzania |
Sub-Saharan Africa | -2.6% of GDP | 2025 |
| 97 |  Benin |
Sub-Saharan Africa | -2.7% of GDP | 2025 |
| 97 |  Bhutan |
South Asia | -2.7% of GDP | 2025 |
| 99 |  Chile |
Latin America & Caribbean | -2.8% of GDP | 2025 |
| 99 |  Ecuador |
Latin America & Caribbean | -2.8% of GDP | 2025 |
| 99 |  Türkiye |
Europe & Central Asia | -2.8% of GDP | 2025 |
| 102 |  Australia |
East Asia & Pacific | -2.9% of GDP | 2025 |
| 102 |  El Salvador |
Latin America & Caribbean | -2.9% of GDP | 2025 |
| 102 |  Germany |
Europe & Central Asia | -2.9% of GDP | 2025 |
| 102 |  Indonesia |
East Asia & Pacific | -2.9% of GDP | 2025 |
| 102 |  Niger |
Sub-Saharan Africa | -2.9% of GDP | 2025 |
| 107 |  Bulgaria |
Europe & Central Asia | -3.0% of GDP | 2025 |
| 107 |  Croatia |
Europe & Central Asia | -3.0% of GDP | 2025 |
| 107 |  Côte d'Ivoire |
Sub-Saharan Africa | -3.0% of GDP | 2025 |
| 110 |  Bangladesh |
South Asia | -3.1% of GDP | 2025 |
| 110 |  Italy |
Europe & Central Asia | -3.1% of GDP | 2025 |
| 110 |  Kazakhstan |
Europe & Central Asia | -3.1% of GDP | 2025 |
| 110 |  Sudan |
Sub-Saharan Africa | -3.1% of GDP | 2025 |
| 114 |  Burundi |
Sub-Saharan Africa | -3.2% of GDP | 2025 |
| 114 |  Togo |
Sub-Saharan Africa | -3.2% of GDP | 2025 |
| 116 |  Costa Rica |
Latin America & Caribbean | -3.4% of GDP | 2025 |
| 116 |  São Tomé and Príncipe |
Sub-Saharan Africa | -3.4% of GDP | 2025 |
| 116 |  Uruguay |
Latin America & Caribbean | -3.4% of GDP | 2025 |
| 119 |  Malaysia |
East Asia & Pacific | -3.5% of GDP | 2025 |
| 119 |  Morocco |
Middle East, North Africa, Afghanistan & Pakistan | -3.5% of GDP | 2025 |
| 121 |  Dominican Republic |
Latin America & Caribbean | -3.6% of GDP | 2025 |
| 121 |  Maldives |
South Asia | -3.6% of GDP | 2025 |
| 123 |  Armenia |
Europe & Central Asia | -3.7% of GDP | 2025 |
| 123 |  Panama |
Latin America & Caribbean | -3.7% of GDP | 2025 |
| 125 |  Central African Republic |
Sub-Saharan Africa | -3.8% of GDP | 2025 |
| 125 |  Finland |
Europe & Central Asia | -3.8% of GDP | 2025 |
| 125 |  Mauritius |
Sub-Saharan Africa | -3.8% of GDP | 2025 |
| 125 |  Zambia |
Sub-Saharan Africa | -3.8% of GDP | 2025 |
| 129 |  Moldova |
Europe & Central Asia | -3.9% of GDP | 2025 |
| 129 |  Russia |
Europe & Central Asia | -3.9% of GDP | 2025 |
| 129 |  Solomon Islands |
East Asia & Pacific | -3.9% of GDP | 2025 |
| 129 |  Yemen |
Middle East, North Africa, Afghanistan & Pakistan | -3.9% of GDP | 2025 |
| 133 |  Latvia |
Europe & Central Asia | -4.0% of GDP | 2025 |
| 133 |  New Zealand |
East Asia & Pacific | -4.0% of GDP | 2025 |
| 133 |  North Macedonia |
Europe & Central Asia | -4.0% of GDP | 2025 |
| 136 |  Angola |
Sub-Saharan Africa | -4.1% of GDP | 2025 |
| 137 |  Austria |
Europe & Central Asia | -4.2% of GDP | 2025 |
| 137 |  Sierra Leone |
Sub-Saharan Africa | -4.2% of GDP | 2025 |
| 139 |  Montenegro |
Europe & Central Asia | -4.3% of GDP | 2025 |
| 140 |  Rwanda |
Sub-Saharan Africa | -4.4% of GDP | 2025 |
| 141 |  Hong Kong |
East Asia & Pacific | -4.5% of GDP | 2025 |
| 141 |  Philippines |
East Asia & Pacific | -4.5% of GDP | 2025 |
| 141 |  Slovakia |
Europe & Central Asia | -4.5% of GDP | 2025 |
| 141 |  Venezuela |
Latin America & Caribbean | -4.5% of GDP | 2025 |
| 145 |  Gambia |
Sub-Saharan Africa | -4.7% of GDP | 2025 |
| 145 |  Hungary |
Europe & Central Asia | -4.7% of GDP | 2025 |
| 147 |  Mexico |
Latin America & Caribbean | -4.9% of GDP | 2025 |
| 147 |  Myanmar |
East Asia & Pacific | -4.9% of GDP | 2025 |
| 149 |  Grenada |
Latin America & Caribbean | -5.0% of GDP | 2025 |
| 150 |  France |
Europe & Central Asia | -5.1% of GDP | 2025 |
| 150 |  Mozambique |
Sub-Saharan Africa | -5.1% of GDP | 2025 |
| 152 |  Belgium |
Europe & Central Asia | -5.2% of GDP | 2025 |
| 152 |  Israel |
Middle East, North Africa, Afghanistan & Pakistan | -5.2% of GDP | 2025 |
| 154 |  Iran |
Middle East, North Africa, Afghanistan & Pakistan | -5.3% of GDP | 2025 |
| 154 |  Tunisia |
Middle East, North Africa, Afghanistan & Pakistan | -5.3% of GDP | 2025 |
| 154 |  United Kingdom |
Europe & Central Asia | -5.3% of GDP | 2025 |
| 157 |  Pakistan |
Middle East, North Africa, Afghanistan & Pakistan | -5.4% of GDP | 2025 |
| 157 |  Trinidad and Tobago |
Latin America & Caribbean | -5.4% of GDP | 2025 |
| 159 |  Guyana |
Latin America & Caribbean | -5.5% of GDP | 2025 |
| 160 |  South Africa |
Sub-Saharan Africa | -5.6% of GDP | 2025 |
| 161 |  Colombia |
Latin America & Caribbean | -5.8% of GDP | 2025 |
| 161 |  Saudi Arabia |
Middle East, North Africa, Afghanistan & Pakistan | -5.8% of GDP | 2025 |
| 163 |  Namibia |
Sub-Saharan Africa | -5.9% of GDP | 2025 |
| 164 |  Botswana |
Sub-Saharan Africa | -6.1% of GDP | 2025 |
| 165 |  Iraq |
Middle East, North Africa, Afghanistan & Pakistan | -6.2% of GDP | 2025 |
| 165 |  Jordan |
Middle East, North Africa, Afghanistan & Pakistan | -6.2% of GDP | 2025 |
| 167 |  Guinea |
Sub-Saharan Africa | -6.4% of GDP | 2025 |
| 167 |  Senegal |
Sub-Saharan Africa | -6.4% of GDP | 2025 |
| 169 |  Kenya |
Sub-Saharan Africa | -6.5% of GDP | 2025 |
| 170 |  Egypt |
Middle East, North Africa, Afghanistan & Pakistan | -6.6% of GDP | 2025 |
| 170 |  Uganda |
Sub-Saharan Africa | -6.6% of GDP | 2025 |
| 172 |  Guinea-Bissau |
Sub-Saharan Africa | -6.7% of GDP | 2025 |
| 173 |  United States |
North America | -7.1% of GDP | 2025 |
| 174 |  Poland |
Europe & Central Asia | -7.3% of GDP | 2025 |
| 175 |  Brazil |
Latin America & Caribbean | -7.4% of GDP | 2025 |
| 175 |  India |
South Asia | -7.4% of GDP | 2025 |
| 177 |  Romania |
Europe & Central Asia | -7.6% of GDP | 2025 |
| 178 |  Eswatini |
Sub-Saharan Africa | -7.8% of GDP | 2025 |
| 179 |  China |
East Asia & Pacific | -7.9% of GDP | 2025 |
| 180 |  Suriname |
Latin America & Caribbean | -8.3% of GDP | 2025 |
| 181 |  Malawi |
Sub-Saharan Africa | -10.2% of GDP | 2025 |
| 182 |  Algeria |
Middle East, North Africa, Afghanistan & Pakistan | -10.5% of GDP | 2025 |
| 183 |  Bolivia |
Latin America & Caribbean | -11.4% of GDP | 2025 |
| 184 |  Saint Kitts and Nevis |
Latin America & Caribbean | -11.8% of GDP | 2025 |
| 185 |  Gabon |
Sub-Saharan Africa | -12.1% of GDP | 2025 |
| 186 |  Saint Vincent and the Grenadines |
Latin America & Caribbean | -13.0% of GDP | 2025 |
| 187 |  Bahrain |
Middle East, North Africa, Afghanistan & Pakistan | -13.2% of GDP | 2025 |
| 188 |  Kiribati |
East Asia & Pacific | -14.5% of GDP | 2025 |
| 189 |  Ukraine |
Europe & Central Asia | -17.6% of GDP | 2025 |
| 190 |  Brunei |
East Asia & Pacific | -17.7% of GDP | 2025 |
| 191 |  Libya |
Middle East, North Africa, Afghanistan & Pakistan | -30.5% of GDP | 2025 |
| 192 |  Timor-Leste |
East Asia & Pacific | -46.2% of GDP | 2025 |
| — |  Eritrea |
Sub-Saharan Africa | 2.7% of GDP | 2019 |
| — |  Syria |
Middle East, North Africa, Afghanistan & Pakistan | -7.8% of GDP | 2010 |
Latest value per country. Ranked: countries with data from the last 5 years of the series; older values are listed below without a rank. 192 ranked.