Budget balance — all countries

Budget balance — ASEAN

Budget balance in ASEAN in 2031 — -1.79%. Since 1995, the indicator has fallen by 3.61 pp.

2031 -1.79% +0 pp vs 2030
World rank
Period maximum 1.81%1995
Period minimum -5.36%2020

Trend over time

1995–2031 · % of GDP

Budget balance — ASEAN, 1995–2031-6-4-20219951999200320072011201520192023202720311995: 1.81%1996: 1.67%1997: 0.72%1998: -2.03%1999: -2.49%2000: -1.72%2001: -2.06%2002: -2.51%2003: -1.16%2004: -0.43%2005: 0.36%2006: 0.61%2007: 0.08%2008: 0.37%2009: -2.47%2010: -0.96%2011: 0.16%2012: -0.67%2013: -0.79%2014: -0.86%2015: -1.49%2016: -1.31%2017: -1%2018: -0.76%2019: -0.77%2020: -5.36%2021: -4.06%2022: -2.36%2023: -1.62%2024: -1.61%2025: -1.9%2026: -2%2027: -1.84%2028: -1.82%2029: -1.84%2030: -1.8%2031: -1.79%
Change over the period: −3.61 pp Annual average: -0.1 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: ASEAN

ASEAN -1.79%
World computed -4.85%
Budget balance — ASEAN, by year ASEAN All countries CSV XLSX
Year % Change, pp
2031 -1.79 +0 pp
2030 -1.8 +0.05 pp
2029 -1.84 −0.02 pp
2028 -1.82 +0.02 pp
2027 -1.84 +0.16 pp
2026 -2 −0.09 pp
2025 -1.9 −0.3 pp
2024 -1.61 +0.01 pp
2023 -1.62 +0.74 pp
2022 -2.36 +1.7 pp
2021 -4.06 +1.3 pp
2020 -5.36 −4.58 pp
2019 -0.77 −0.01 pp
2018 -0.76 +0.24 pp
2017 -1 +0.31 pp
2016 -1.31 +0.18 pp
2015 -1.49 −0.63 pp
2014 -0.86 −0.07 pp
2013 -0.79 −0.12 pp
2012 -0.67 −0.83 pp
2011 0.16 +1.12 pp
2010 -0.96 +1.51 pp
2009 -2.47 −2.84 pp
2008 0.37 +0.3 pp
2007 0.08 −0.53 pp
2006 0.61 +0.25 pp
2005 0.36 +0.79 pp
2004 -0.43 +0.73 pp
2003 -1.16 +1.35 pp
2002 -2.51 −0.44 pp
2001 -2.06 −0.34 pp
2000 -1.72 +0.77 pp
1999 -2.49 −0.46 pp
1998 -2.03 −2.75 pp
1997 0.72 −0.95 pp
1996 1.67 −0.15 pp
1995 1.81

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.