Budget balance in Melanesia in 2031 — -0.37%. Since 1991, the indicator has risen by 0.27 pp.
1991–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Melanesia
| Year | % | Change, pp |
|---|---|---|
| 2031 | -0.37 | +0.07 pp |
| 2030 | -0.44 | +0.06 pp |
| 2029 | -0.51 | +0.4 pp |
| 2028 | -0.91 | +0.19 pp |
| 2027 | -1.1 | +0.96 pp |
| 2026 | -2.06 | +0.44 pp |
| 2025 | -2.49 | +0.75 pp |
| 2024 | -3.24 | +1.35 pp |
| 2023 | -4.59 | +1.52 pp |
| 2022 | -6.11 | +1.1 pp |
| 2021 | -7.21 | +1.02 pp |
| 2020 | -8.23 | −3.85 pp |
| 2019 | -4.37 | −1.85 pp |
| 2018 | -2.52 | −0.11 pp |
| 2017 | -2.41 | +2.28 pp |
| 2016 | -4.69 | −0.42 pp |
| 2015 | -4.27 | +0.99 pp |
| 2014 | -5.26 | −0.15 pp |
| 2013 | -5.11 | −4.22 pp |
| 2012 | -0.88 | −2.62 pp |
| 2011 | 1.73 | −0.5 pp |
| 2010 | 2.24 | +6.65 pp |
| 2009 | -4.41 | −6.72 pp |
| 2008 | 2.3 | −3.01 pp |
| 2007 | 5.31 | +1.5 pp |
| 2006 | 3.8 | +1.76 pp |
| 2005 | 2.05 | +0.4 pp |
| 2004 | 1.65 | +2.15 pp |
| 2003 | -0.5 | +1.94 pp |
| 2002 | -2.44 | −0.22 pp |
| 2001 | -2.23 | −1.74 pp |
| 2000 | -0.48 | +0.44 pp |
| 1999 | -0.92 | −2.04 pp |
| 1998 | 1.12 | +1.52 pp |
| 1997 | -0.4 | −1.26 pp |
| 1996 | 0.86 | −0.17 pp |
| 1995 | 1.03 | +1.68 pp |
| 1994 | -0.65 | +3.41 pp |
| 1993 | -4.06 | −0.51 pp |
| 1992 | -3.55 | −2.91 pp |
| 1991 | -0.64 | — |
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.
Gross general government debt as a percent of GDP.
Public Finance Government revenueHow much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.