Budget balance — all countries

Budget balance — Northern Africa

Budget balance in Northern Africa in 2031 — -5.05%. Since 1991, the indicator has fallen by 6.44 pp.

2031 -5.05% +0.4 pp vs 2030
World rank
Period maximum 4.93%2006
Period minimum -10.91%2016

Trend over time

1991–2031 · % of GDP

Budget balance — Northern Africa, 1991–2031-15-10-505199119951999200320072011201520192023202720311991: 1.4%1992: -1.74%1993: -5.44%1994: -3.15%1995: -1.03%1996: 2.77%1997: 0.08%1998: -1.6%1999: 1.42%2000: 3.68%2001: -0.58%2002: -2.79%2003: -0.19%2004: 0.65%2005: 4.01%2006: 4.93%2007: 3.08%2008: 4.39%2009: -4.96%2010: -2.12%2011: -5.62%2012: -3.34%2013: -7.67%2014: -9.32%2015: -10.68%2016: -10.91%2017: -7.76%2018: -5.08%2019: -5.39%2020: -8.96%2021: -5.56%2022: -3.62%2023: -5.56%2024: -9.3%2025: -7.97%2026: -9.88%2027: -8.47%2028: -7.48%2029: -6.02%2030: -5.44%2031: -5.05%
Change over the period: −6.44 pp Annual average: -0.16 pp

Comparison, 2031

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

Northern Africa -5.05%
World computed -4.85%
Budget balance — Northern Africa, by year Northern Africa All countries CSV XLSX
Year % Change, pp
2031 -5.05 +0.4 pp
2030 -5.44 +0.58 pp
2029 -6.02 +1.46 pp
2028 -7.48 +0.99 pp
2027 -8.47 +1.41 pp
2026 -9.88 −1.9 pp
2025 -7.97 +1.33 pp
2024 -9.3 −3.74 pp
2023 -5.56 −1.93 pp
2022 -3.62 +1.93 pp
2021 -5.56 +3.4 pp
2020 -8.96 −3.57 pp
2019 -5.39 −0.31 pp
2018 -5.08 +2.68 pp
2017 -7.76 +3.15 pp
2016 -10.91 −0.23 pp
2015 -10.68 −1.36 pp
2014 -9.32 −1.65 pp
2013 -7.67 −4.33 pp
2012 -3.34 +2.28 pp
2011 -5.62 −3.5 pp
2010 -2.12 +2.84 pp
2009 -4.96 −9.35 pp
2008 4.39 +1.3 pp
2007 3.08 −1.85 pp
2006 4.93 +0.92 pp
2005 4.01 +3.36 pp
2004 0.65 +0.84 pp
2003 -0.19 +2.6 pp
2002 -2.79 −2.21 pp
2001 -0.58 −4.26 pp
2000 3.68 +2.26 pp
1999 1.42 +3.02 pp
1998 -1.6 −1.68 pp
1997 0.08 −2.69 pp
1996 2.77 +3.8 pp
1995 -1.03 +2.12 pp
1994 -3.15 +2.29 pp
1993 -5.44 −3.71 pp
1992 -1.74 −3.13 pp
1991 1.4

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.