Budget balance — all countries

Budget balance — G20

Budget balance in the G20 in 2031 — -5.69%. Since 1993, the indicator has fallen by 1.49 pp.

2031 -5.69% +0.04 pp vs 2030
World rank
Period maximum -1.42%2007
Period minimum -10.46%2020

Trend over time

1993–2031 · % of GDP

Budget balance — G20, 1993–2031-12.5-10-7.5-5-2.50199319972001200520092013201720212025202920311993: -4.2%1994: -4.29%1995: -4.95%1996: -3.77%1997: -2.63%1998: -4.37%1999: -3.07%2000: -2.92%2001: -2.15%2002: -3.84%2003: -4.24%2004: -3.29%2005: -2.42%2006: -1.49%2007: -1.42%2008: -2.93%2009: -7.85%2010: -6.51%2011: -4.99%2012: -4.4%2013: -3.28%2014: -3.07%2015: -3.31%2016: -3.58%2017: -3.4%2018: -3.38%2019: -4.19%2020: -10.46%2021: -7.23%2022: -4.47%2023: -5.91%2024: -5.92%2025: -5.73%2026: -5.97%2027: -5.95%2028: -5.92%2029: -5.76%2030: -5.73%2031: -5.69%
Change over the period: −1.49 pp Annual average: -0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: G20

G20 -5.69%
World computed -4.85%
Budget balance — G20, by year G20 All countries CSV XLSX
Year % Change, pp
2031 -5.69 +0.04 pp
2030 -5.73 +0.03 pp
2029 -5.76 +0.16 pp
2028 -5.92 +0.03 pp
2027 -5.95 +0.02 pp
2026 -5.97 −0.24 pp
2025 -5.73 +0.19 pp
2024 -5.92 −0.01 pp
2023 -5.91 −1.44 pp
2022 -4.47 +2.76 pp
2021 -7.23 +3.23 pp
2020 -10.46 −6.27 pp
2019 -4.19 −0.81 pp
2018 -3.38 +0.02 pp
2017 -3.4 +0.18 pp
2016 -3.58 −0.27 pp
2015 -3.31 −0.25 pp
2014 -3.07 +0.22 pp
2013 -3.28 +1.12 pp
2012 -4.4 +0.59 pp
2011 -4.99 +1.51 pp
2010 -6.51 +1.34 pp
2009 -7.85 −4.92 pp
2008 -2.93 −1.51 pp
2007 -1.42 +0.07 pp
2006 -1.49 +0.93 pp
2005 -2.42 +0.87 pp
2004 -3.29 +0.95 pp
2003 -4.24 −0.4 pp
2002 -3.84 −1.68 pp
2001 -2.15 +0.77 pp
2000 -2.92 +0.16 pp
1999 -3.07 +1.3 pp
1998 -4.37 −1.74 pp
1997 -2.63 +1.13 pp
1996 -3.77 +1.18 pp
1995 -4.95 −0.66 pp
1994 -4.29 −0.1 pp
1993 -4.2

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.