Budget balance — all countries

Budget balance — Sub-Saharan Africa

Budget balance in Sub-Saharan Africa in 2031 — -3.08%. Since 1996, the indicator has fallen by 4.68 pp.

2031 -3.08% +0 pp vs 2030
World rank
Period maximum 3.4%2006
Period minimum -5.85%2020

Trend over time

1996–2031 · % of GDP

Budget balance — Sub-Saharan Africa, 1996–2031-7.5-5-2.502.5519962000200420082012201620202024202820311996: 1.6%1997: 0.11%1998: -3.04%1999: -2.11%2000: -0.24%2001: -1.42%2002: -0.82%2003: -1.47%2004: 0.4%2005: 1.13%2006: 3.4%2007: 0.27%2008: 0.97%2009: -3.79%2010: -2.78%2011: -1.01%2012: -1.6%2013: -2.7%2014: -3.03%2015: -3.65%2016: -3.81%2017: -3.99%2018: -3.18%2019: -3.79%2020: -5.85%2021: -4.48%2022: -3.93%2023: -3.95%2024: -3.67%2025: -3.73%2026: -4%2027: -3.45%2028: -3.29%2029: -3.18%2030: -3.08%2031: -3.08%
Change over the period: −4.68 pp Annual average: -0.13 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Sub-Saharan Africa

Sub-Saharan Africa -3.08%
World computed -4.85%
Budget balance — Sub-Saharan Africa, by year Sub-Saharan Africa All countries CSV XLSX
Year % Change, pp
2031 -3.08 +0 pp
2030 -3.08 +0.1 pp
2029 -3.18 +0.11 pp
2028 -3.29 +0.16 pp
2027 -3.45 +0.54 pp
2026 -4 −0.26 pp
2025 -3.73 −0.06 pp
2024 -3.67 +0.27 pp
2023 -3.95 −0.01 pp
2022 -3.93 +0.55 pp
2021 -4.48 +1.36 pp
2020 -5.85 −2.06 pp
2019 -3.79 −0.61 pp
2018 -3.18 +0.81 pp
2017 -3.99 −0.18 pp
2016 -3.81 −0.16 pp
2015 -3.65 −0.63 pp
2014 -3.03 −0.32 pp
2013 -2.7 −1.1 pp
2012 -1.6 −0.59 pp
2011 -1.01 +1.77 pp
2010 -2.78 +1.01 pp
2009 -3.79 −4.76 pp
2008 0.97 +0.7 pp
2007 0.27 −3.13 pp
2006 3.4 +2.27 pp
2005 1.13 +0.72 pp
2004 0.4 +1.87 pp
2003 -1.47 −0.65 pp
2002 -0.82 +0.6 pp
2001 -1.42 −1.18 pp
2000 -0.24 +1.87 pp
1999 -2.11 +0.93 pp
1998 -3.04 −3.15 pp
1997 0.11 −1.49 pp
1996 1.6

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.