Budget balance — all countries

Budget balance — OECD

Budget balance in the OECD in 2031 — -4.55%. Since 1990, the indicator has fallen by 2.51 pp.

2031 -4.55% +0.06 pp vs 2030
World rank
Period maximum -1.31%2007
Period minimum -10.1%2020

Trend over time

1990–2031 · % of GDP

Budget balance — OECD, 1990–2031-12.5-10-7.5-5-2.501990199520002005201020152020202520301990: -2.03%1991: -2.61%1992: -3.37%1993: -4.57%1994: -4.46%1995: -5.22%1996: -3.81%1997: -2.52%1998: -3.82%1999: -2.49%2000: -2.27%2001: -1.72%2002: -3.5%2003: -3.97%2004: -3.21%2005: -2.39%2006: -1.39%2007: -1.31%2008: -3.42%2009: -8.51%2010: -7.55%2011: -6.11%2012: -5.45%2013: -3.75%2014: -3.18%2015: -2.65%2016: -2.76%2017: -2.54%2018: -2.5%2019: -3.07%2020: -10.1%2021: -7.29%2022: -2.94%2023: -5%2024: -5.09%2025: -4.5%2026: -4.87%2027: -4.77%2028: -4.76%2029: -4.64%2030: -4.61%2031: -4.55%
Change over the period: −2.51 pp Annual average: -0.06 pp

Comparison, 2031

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

OECD -4.55%
World computed -4.85%
Budget balance — OECD, by year OECD All countries CSV XLSX
Year % Change, pp
2031 -4.55 +0.06 pp
2030 -4.61 +0.04 pp
2029 -4.64 +0.12 pp
2028 -4.76 +0.01 pp
2027 -4.77 +0.1 pp
2026 -4.87 −0.37 pp
2025 -4.5 +0.6 pp
2024 -5.09 −0.09 pp
2023 -5 −2.06 pp
2022 -2.94 +4.34 pp
2021 -7.29 +2.81 pp
2020 -10.1 −7.03 pp
2019 -3.07 −0.57 pp
2018 -2.5 +0.04 pp
2017 -2.54 +0.22 pp
2016 -2.76 −0.11 pp
2015 -2.65 +0.53 pp
2014 -3.18 +0.57 pp
2013 -3.75 +1.71 pp
2012 -5.45 +0.66 pp
2011 -6.11 +1.44 pp
2010 -7.55 +0.96 pp
2009 -8.51 −5.09 pp
2008 -3.42 −2.11 pp
2007 -1.31 +0.08 pp
2006 -1.39 +1.01 pp
2005 -2.39 +0.81 pp
2004 -3.21 +0.77 pp
2003 -3.97 −0.48 pp
2002 -3.5 −1.78 pp
2001 -1.72 +0.55 pp
2000 -2.27 +0.22 pp
1999 -2.49 +1.34 pp
1998 -3.82 −1.3 pp
1997 -2.52 +1.29 pp
1996 -3.81 +1.41 pp
1995 -5.22 −0.76 pp
1994 -4.46 +0.11 pp
1993 -4.57 −1.2 pp
1992 -3.37 −0.76 pp
1991 -2.61 −0.58 pp
1990 -2.03

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.