Budget balance — all countries

Budget balance — Mercosur

Budget balance in Mercosur in 2031 — -4.45%. Since 1993, the indicator has fallen by 4.44 pp.

2031 -4.45% +0.04 pp vs 2030
World rank
Period maximum -0.01%1993
Period minimum -10.73%2020

Trend over time

1993–2031 · % of GDP

Budget balance — Mercosur, 1993–2031-15-10-50199319972001200520092013201720212025202920311993: -0.01%1994: -1.08%1995: -1.94%1996: -2.61%1997: -1.69%1998: -1.71%1999: -3.47%2000: -3.28%2001: -4.11%2002: -3.73%2003: -3.96%2004: -1.61%2005: -2.12%2006: -3.59%2007: -2.03%2008: -1.8%2009: -3.65%2010: -3.11%2011: -2.59%2012: -2.45%2013: -3.28%2014: -5.75%2015: -8.13%2016: -7.44%2017: -7.45%2018: -6.45%2019: -4.74%2020: -10.73%2021: -3.08%2022: -3.93%2023: -7.04%2024: -4.68%2025: -6.28%2026: -5.94%2027: -5.29%2028: -4.74%2029: -4.47%2030: -4.49%2031: -4.45%
Change over the period: −4.44 pp Annual average: -0.12 pp

Comparison, 2031

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

Mercosur -4.45%
World computed -4.85%
Budget balance — Mercosur, by year Mercosur All countries CSV XLSX
Year % Change, pp
2031 -4.45 +0.04 pp
2030 -4.49 −0.01 pp
2029 -4.47 +0.26 pp
2028 -4.74 +0.55 pp
2027 -5.29 +0.65 pp
2026 -5.94 +0.35 pp
2025 -6.28 −1.6 pp
2024 -4.68 +2.36 pp
2023 -7.04 −3.11 pp
2022 -3.93 −0.85 pp
2021 -3.08 +7.65 pp
2020 -10.73 −6 pp
2019 -4.74 +1.71 pp
2018 -6.45 +1 pp
2017 -7.45 −0.01 pp
2016 -7.44 +0.69 pp
2015 -8.13 −2.38 pp
2014 -5.75 −2.47 pp
2013 -3.28 −0.83 pp
2012 -2.45 +0.14 pp
2011 -2.59 +0.52 pp
2010 -3.11 +0.54 pp
2009 -3.65 −1.85 pp
2008 -1.8 +0.23 pp
2007 -2.03 +1.55 pp
2006 -3.59 −1.47 pp
2005 -2.12 −0.51 pp
2004 -1.61 +2.35 pp
2003 -3.96 −0.23 pp
2002 -3.73 +0.38 pp
2001 -4.11 −0.83 pp
2000 -3.28 +0.19 pp
1999 -3.47 −1.76 pp
1998 -1.71 −0.03 pp
1997 -1.69 +0.93 pp
1996 -2.61 −0.67 pp
1995 -1.94 −0.86 pp
1994 -1.08 −1.07 pp
1993 -0.01

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.