Budget balance in high-income countries in 2031 — -4.26%. Since 1998, the indicator has fallen by 0.43 pp.
1998–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: High-income countries
| Year | % | Change, pp |
|---|---|---|
| 2031 | -4.26 | +0.05 pp |
| 2030 | -4.31 | +0.04 pp |
| 2029 | -4.35 | +0.14 pp |
| 2028 | -4.49 | −0.03 pp |
| 2027 | -4.45 | +0.06 pp |
| 2026 | -4.52 | −0.25 pp |
| 2025 | -4.26 | +0.37 pp |
| 2024 | -4.63 | −0.06 pp |
| 2023 | -4.57 | −2.08 pp |
| 2022 | -2.49 | +4.28 pp |
| 2021 | -6.77 | +3.15 pp |
| 2020 | -9.92 | −7.19 pp |
| 2019 | -2.73 | −0.56 pp |
| 2018 | -2.17 | +0.32 pp |
| 2017 | -2.49 | +0.37 pp |
| 2016 | -2.86 | −0.16 pp |
| 2015 | -2.7 | +0.09 pp |
| 2014 | -2.79 | +0.31 pp |
| 2013 | -3.1 | +1.49 pp |
| 2012 | -4.59 | +0.71 pp |
| 2011 | -5.31 | +1.76 pp |
| 2010 | -7.07 | +1.21 pp |
| 2009 | -8.28 | −5.76 pp |
| 2008 | -2.52 | −1.86 pp |
| 2007 | -0.67 | +0.04 pp |
| 2006 | -0.71 | +1.11 pp |
| 2005 | -1.82 | +1.05 pp |
| 2004 | -2.87 | +0.89 pp |
| 2003 | -3.76 | −0.4 pp |
| 2002 | -3.36 | −1.82 pp |
| 2001 | -1.54 | +0.25 pp |
| 2000 | -1.79 | +0.52 pp |
| 1999 | -2.31 | +1.52 pp |
| 1998 | -3.83 | — |
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.