Budget balance in Latin America & Caribbean in 2031 — -3.31%. Since 1999, the indicator has risen by 0.24 pp.
1999–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean
| Year | % | Change, pp |
|---|---|---|
| 2031 | -3.31 | +0.04 pp |
| 2030 | -3.35 | +0.02 pp |
| 2029 | -3.37 | +0.16 pp |
| 2028 | -3.53 | +0.52 pp |
| 2027 | -4.04 | +0.68 pp |
| 2026 | -4.72 | +0.3 pp |
| 2025 | -5.03 | −0.45 pp |
| 2024 | -4.57 | +0.41 pp |
| 2023 | -4.98 | −1.51 pp |
| 2022 | -3.47 | +0.29 pp |
| 2021 | -3.76 | +4.15 pp |
| 2020 | -7.92 | −4.31 pp |
| 2019 | -3.6 | +1.25 pp |
| 2018 | -4.85 | +0.17 pp |
| 2017 | -5.02 | +0.23 pp |
| 2016 | -5.26 | +0.56 pp |
| 2015 | -5.82 | −1 pp |
| 2014 | -4.82 | −1.48 pp |
| 2013 | -3.34 | −0.58 pp |
| 2012 | -2.76 | −0.1 pp |
| 2011 | -2.66 | +0.48 pp |
| 2010 | -3.14 | +0.8 pp |
| 2009 | -3.94 | −2.83 pp |
| 2008 | -1.11 | −0.03 pp |
| 2007 | -1.08 | +0.61 pp |
| 2006 | -1.7 | −0.68 pp |
| 2005 | -1.02 | +0.08 pp |
| 2004 | -1.1 | +1.58 pp |
| 2003 | -2.68 | +0.02 pp |
| 2002 | -2.69 | +0.48 pp |
| 2001 | -3.18 | −1.15 pp |
| 2000 | -2.03 | +1.51 pp |
| 1999 | -3.54 | — |
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.
Gross general government debt as a percent of GDP.
Public Finance Government revenueHow much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.