Budget balance — all countries

Budget balance — NATO

Budget balance in NATO in 2031 — -5.06%. Since 1995, the indicator has risen by 1.66 pp.

2031 -5.06% +0.09 pp vs 2030
World rank
Period maximum -0.43%2000
Period minimum -11.02%2020

Trend over time

1995–2031 · % of GDP

Budget balance — NATO, 1995–2031-15-10-5019951999200320072011201520192023202720311995: -6.72%1996: -3.98%1997: -2.55%1998: -1.83%1999: -0.81%2000: -0.43%2001: -0.92%2002: -3.15%2003: -3.8%2004: -3.19%2005: -2.42%2006: -1.44%2007: -1.43%2008: -3.78%2009: -9.07%2010: -7.93%2011: -6.29%2012: -5.61%2013: -3.54%2014: -3.09%2015: -2.72%2016: -2.94%2017: -2.89%2018: -2.89%2019: -3.33%2020: -11.02%2021: -8.08%2022: -3.03%2023: -5.73%2024: -5.76%2025: -5.06%2026: -5.44%2027: -5.37%2028: -5.37%2029: -5.21%2030: -5.15%2031: -5.06%
Change over the period: +1.66 pp Annual average: 0.05 pp

Comparison, 2031

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

NATO -5.06%
World computed -4.85%
Budget balance — NATO, by year NATO All countries CSV XLSX
Year % Change, pp
2031 -5.06 +0.09 pp
2030 -5.15 +0.06 pp
2029 -5.21 +0.15 pp
2028 -5.37 +0.01 pp
2027 -5.37 +0.07 pp
2026 -5.44 −0.38 pp
2025 -5.06 +0.7 pp
2024 -5.76 −0.03 pp
2023 -5.73 −2.71 pp
2022 -3.03 +5.06 pp
2021 -8.08 +2.94 pp
2020 -11.02 −7.69 pp
2019 -3.33 −0.44 pp
2018 -2.89 −0 pp
2017 -2.89 +0.06 pp
2016 -2.94 −0.23 pp
2015 -2.72 +0.38 pp
2014 -3.09 +0.45 pp
2013 -3.54 +2.07 pp
2012 -5.61 +0.68 pp
2011 -6.29 +1.64 pp
2010 -7.93 +1.14 pp
2009 -9.07 −5.29 pp
2008 -3.78 −2.35 pp
2007 -1.43 +0.01 pp
2006 -1.44 +0.98 pp
2005 -2.42 +0.77 pp
2004 -3.19 +0.62 pp
2003 -3.8 −0.65 pp
2002 -3.15 −2.23 pp
2001 -0.92 −0.49 pp
2000 -0.43 +0.38 pp
1999 -0.81 +1.02 pp
1998 -1.83 +0.72 pp
1997 -2.55 +1.44 pp
1996 -3.98 +2.73 pp
1995 -6.72

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.