Budget balance — all countries

Budget balance — Eastern Africa

Budget balance in Eastern Africa in 2031 — -3.73%. Since 1997, the indicator has fallen by 2.46 pp.

2031 -3.73% −0.08 pp vs 2030
World rank
Period maximum -0.49%2006
Period minimum -5.24%2020

Trend over time

1997–2031 · % of GDP

Budget balance — Eastern Africa, 1997–2031-6-4-2019972001200520092013201720212025202920311997: -1.27%1998: -1.75%1999: -2.36%2000: -2.07%2001: -2.38%2002: -2.99%2003: -2.45%2004: -1.79%2005: -2.34%2006: -0.49%2007: -1.9%2008: -2.02%2009: -2.67%2010: -2.84%2011: -2.16%2012: -3.37%2013: -3.42%2014: -3.99%2015: -4.6%2016: -4.03%2017: -4.35%2018: -4.18%2019: -3.92%2020: -5.24%2021: -4.88%2022: -4.57%2023: -4.35%2024: -3.51%2025: -3.79%2026: -4.1%2027: -3.71%2028: -3.74%2029: -3.74%2030: -3.65%2031: -3.73%
Change over the period: −2.46 pp Annual average: -0.07 pp

Comparison, 2031

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

Eastern Africa -3.73%
World computed -4.85%
Budget balance — Eastern Africa, by year Eastern Africa All countries CSV XLSX
Year % Change, pp
2031 -3.73 −0.08 pp
2030 -3.65 +0.09 pp
2029 -3.74 +0.01 pp
2028 -3.74 −0.03 pp
2027 -3.71 +0.39 pp
2026 -4.1 −0.31 pp
2025 -3.79 −0.28 pp
2024 -3.51 +0.84 pp
2023 -4.35 +0.22 pp
2022 -4.57 +0.31 pp
2021 -4.88 +0.36 pp
2020 -5.24 −1.31 pp
2019 -3.92 +0.26 pp
2018 -4.18 +0.17 pp
2017 -4.35 −0.31 pp
2016 -4.03 +0.56 pp
2015 -4.6 −0.61 pp
2014 -3.99 −0.57 pp
2013 -3.42 −0.05 pp
2012 -3.37 −1.21 pp
2011 -2.16 +0.68 pp
2010 -2.84 −0.17 pp
2009 -2.67 −0.65 pp
2008 -2.02 −0.12 pp
2007 -1.9 −1.41 pp
2006 -0.49 +1.85 pp
2005 -2.34 −0.55 pp
2004 -1.79 +0.66 pp
2003 -2.45 +0.54 pp
2002 -2.99 −0.62 pp
2001 -2.38 −0.31 pp
2000 -2.07 +0.29 pp
1999 -2.36 −0.61 pp
1998 -1.75 −0.48 pp
1997 -1.27

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.