Budget balance — all countries

Budget balance — BRICS

Budget balance in BRICS in 2031 — -6.75%. Since 1993, the indicator has fallen by 3.78 pp.

2031 -6.75% −0.01 pp vs 2030
World rank
Period maximum 0.35%2007
Period minimum -9.46%2020

Trend over time

1993–2031 · % of GDP

Budget balance — BRICS, 1993–2031-10-7.5-5-2.502.5199319972001200520092013201720212025202920311993: -2.97%1994: -3.18%1995: -2.01%1996: -1.68%1997: -2.2%1998: -4%1999: -3.18%2000: -1.24%2001: -2.87%2002: -3.6%2003: -3.47%2004: -1.74%2005: -0.53%2006: -0.24%2007: 0.35%2008: -0.23%2009: -3.74%2010: -2.4%2011: -1.24%2012: -1.21%2013: -1.72%2014: -2.16%2015: -3.85%2016: -4.17%2017: -3.86%2018: -3.87%2019: -5.18%2020: -9.46%2021: -5.42%2022: -6.16%2023: -6.13%2024: -6.18%2025: -6.99%2026: -7%2027: -7.1%2028: -6.96%2029: -6.75%2030: -6.74%2031: -6.75%
Change over the period: −3.78 pp Annual average: -0.1 pp

Comparison, 2031

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

BRICS -6.75%
World computed -4.85%
Budget balance — BRICS, by year BRICS All countries CSV XLSX
Year % Change, pp
2031 -6.75 −0.01 pp
2030 -6.74 +0.01 pp
2029 -6.75 +0.21 pp
2028 -6.96 +0.14 pp
2027 -7.1 −0.1 pp
2026 -7 −0.01 pp
2025 -6.99 −0.82 pp
2024 -6.18 −0.05 pp
2023 -6.13 +0.03 pp
2022 -6.16 −0.74 pp
2021 -5.42 +4.04 pp
2020 -9.46 −4.28 pp
2019 -5.18 −1.31 pp
2018 -3.87 −0.01 pp
2017 -3.86 +0.31 pp
2016 -4.17 −0.31 pp
2015 -3.85 −1.7 pp
2014 -2.16 −0.44 pp
2013 -1.72 −0.51 pp
2012 -1.21 +0.03 pp
2011 -1.24 +1.16 pp
2010 -2.4 +1.33 pp
2009 -3.74 −3.51 pp
2008 -0.23 −0.58 pp
2007 0.35 +0.59 pp
2006 -0.24 +0.29 pp
2005 -0.53 +1.21 pp
2004 -1.74 +1.73 pp
2003 -3.47 +0.12 pp
2002 -3.6 −0.73 pp
2001 -2.87 −1.63 pp
2000 -1.24 +1.95 pp
1999 -3.18 +0.82 pp
1998 -4 −1.81 pp
1997 -2.2 −0.51 pp
1996 -1.68 +0.32 pp
1995 -2.01 +1.17 pp
1994 -3.18 −0.21 pp
1993 -2.97

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.