Budget balance in OPEC in 2031 — -1.11%. Since 1990, the indicator has risen by 0.59 pp.
1990–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: OPEC
| Year | % | Change, pp |
|---|---|---|
| 2031 | -1.11 | −0.04 pp |
| 2030 | -1.08 | +0.06 pp |
| 2029 | -1.13 | +0.13 pp |
| 2028 | -1.26 | −0.08 pp |
| 2027 | -1.18 | +0.73 pp |
| 2026 | -1.91 | +0.81 pp |
| 2025 | -2.73 | −1.74 pp |
| 2024 | -0.98 | −1.17 pp |
| 2023 | 0.18 | −3.08 pp |
| 2022 | 3.26 | +4.34 pp |
| 2021 | -1.09 | +5.96 pp |
| 2020 | -7.05 | −5.23 pp |
| 2019 | -1.81 | −0.21 pp |
| 2018 | -1.6 | +2.37 pp |
| 2017 | -3.97 | +2.79 pp |
| 2016 | -6.76 | +0.38 pp |
| 2015 | -7.14 | −5.46 pp |
| 2014 | -1.68 | −3.83 pp |
| 2013 | 2.15 | −3.03 pp |
| 2012 | 5.18 | +1.31 pp |
| 2011 | 3.88 | +2.93 pp |
| 2010 | 0.95 | +4.91 pp |
| 2009 | -3.96 | −13.92 pp |
| 2008 | 9.96 | +2.88 pp |
| 2007 | 7.07 | −3.81 pp |
| 2006 | 10.88 | +0.15 pp |
| 2005 | 10.73 | +5.97 pp |
| 2004 | 4.76 | +2.79 pp |
| 2003 | 1.97 | +2.45 pp |
| 2002 | -0.48 | −0.83 pp |
| 2001 | 0.35 | −6.95 pp |
| 2000 | 7.3 | +7.43 pp |
| 1999 | -0.13 | +3.67 pp |
| 1998 | -3.8 | −5.02 pp |
| 1997 | 1.22 | −1.26 pp |
| 1996 | 2.48 | +3.13 pp |
| 1995 | -0.66 | +4.28 pp |
| 1994 | -4.94 | +1.17 pp |
| 1993 | -6.11 | −2.21 pp |
| 1992 | -3.89 | −1.03 pp |
| 1991 | -2.86 | −1.16 pp |
| 1990 | -1.7 | — |
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.