Budget balance in Eritrea in 2019 — 2.7%. Ranked 16 in the world out of 196. Since 1992, the indicator has fallen by 4.2 pp.
1992–2019 · % of GDP
How the value compares with the world and the groups this territory belongs to: Eritrea
| Year | % | Change, pp |
|---|---|---|
| 2019 | 2.7 | −2.5 pp |
| 2018 | 5.2 | +10.9 pp |
| 2017 | -5.7 | −4.3 pp |
| 2016 | -1.4 | +1.4 pp |
| 2015 | -2.8 | −2.7 pp |
| 2014 | -0.1 | +7.5 pp |
| 2013 | -7.6 | −2.4 pp |
| 2012 | -5.2 | +0.3 pp |
| 2011 | -5.5 | +11 pp |
| 2010 | -16.5 | +5.7 pp |
| 2009 | -22.2 | +15.8 pp |
| 2008 | -38 | −18.2 pp |
| 2007 | -19.8 | −4.3 pp |
| 2006 | -15.5 | +15.5 pp |
| 2005 | -31 | −23.3 pp |
| 2004 | -7.7 | −13.9 pp |
| 2003 | 6.2 | +19.5 pp |
| 2002 | -13.3 | −3.7 pp |
| 2001 | -9.6 | +15.8 pp |
| 2000 | -25.4 | +34.3 pp |
| 1999 | -59.7 | −19.4 pp |
| 1998 | -40.3 | −34.7 pp |
| 1997 | -5.6 | +12.8 pp |
| 1996 | -18.4 | +4.5 pp |
| 1995 | -22.9 | −31.6 pp |
| 1994 | 8.7 | +4.5 pp |
| 1993 | 4.2 | −2.7 pp |
| 1992 | 6.9 | — |
The same indicator for neighboring countries — with links to their pages
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.
