Budget balance — all countries

Budget balance — Low-income countries

Budget balance in low-income countries in 2031 — -2.83%. Since 1997, the indicator has fallen by 1.44 pp.

2031 -2.83% −0.03 pp vs 2030
World rank
Period maximum 1.11%2006
Period minimum -4.39%2020

Trend over time

1997–2031 · % of GDP

Budget balance — Low-income countries, 1997–2031-6-4-20219972001200520092013201720212025202920311997: -1.39%1998: -2.18%1999: -2.56%2000: -2.3%2001: -1.3%2002: -2.23%2003: -2.09%2004: -1.96%2005: -2.23%2006: 1.11%2007: -1.91%2008: -1.43%2009: -2.76%2010: -2.62%2011: -1.53%2012: -2.73%2013: -2.34%2014: -3.05%2015: -3.37%2016: -2.7%2017: -2.93%2018: -3.13%2019: -3.27%2020: -4.39%2021: -3.62%2022: -3.75%2023: -3.23%2024: -2.52%2025: -2.97%2026: -3.46%2027: -2.89%2028: -2.83%2029: -2.93%2030: -2.8%2031: -2.83%
Change over the period: −1.44 pp Annual average: -0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Low-income countries

Low-income countries -2.83%
World computed -4.85%
Budget balance — Low-income countries, by year Low-income countries All countries CSV XLSX
Year % Change, pp
2031 -2.83 −0.03 pp
2030 -2.8 +0.13 pp
2029 -2.93 −0.1 pp
2028 -2.83 +0.07 pp
2027 -2.89 +0.57 pp
2026 -3.46 −0.49 pp
2025 -2.97 −0.45 pp
2024 -2.52 +0.71 pp
2023 -3.23 +0.52 pp
2022 -3.75 −0.13 pp
2021 -3.62 +0.77 pp
2020 -4.39 −1.12 pp
2019 -3.27 −0.13 pp
2018 -3.13 −0.2 pp
2017 -2.93 −0.23 pp
2016 -2.7 +0.67 pp
2015 -3.37 −0.32 pp
2014 -3.05 −0.71 pp
2013 -2.34 +0.39 pp
2012 -2.73 −1.2 pp
2011 -1.53 +1.09 pp
2010 -2.62 +0.14 pp
2009 -2.76 −1.33 pp
2008 -1.43 +0.49 pp
2007 -1.91 −3.02 pp
2006 1.11 +3.34 pp
2005 -2.23 −0.27 pp
2004 -1.96 +0.13 pp
2003 -2.09 +0.15 pp
2002 -2.23 −0.93 pp
2001 -1.3 +1 pp
2000 -2.3 +0.26 pp
1999 -2.56 −0.38 pp
1998 -2.18 −0.79 pp
1997 -1.39

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.