Budget balance in South America in 2031 — -3.77%. Since 1997, the indicator has fallen by 2.77 pp.
1997–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: South America
| Year | % | Change, pp |
|---|---|---|
| 2031 | -3.77 | +0.04 pp |
| 2030 | -3.81 | +0.01 pp |
| 2029 | -3.81 | +0.22 pp |
| 2028 | -4.03 | +0.59 pp |
| 2027 | -4.62 | +0.65 pp |
| 2026 | -5.27 | +0.29 pp |
| 2025 | -5.56 | −1.08 pp |
| 2024 | -4.48 | +1.3 pp |
| 2023 | -5.77 | −2.28 pp |
| 2022 | -3.49 | +0.38 pp |
| 2021 | -3.87 | +5.84 pp |
| 2020 | -9.71 | −5.37 pp |
| 2019 | -4.34 | +1.84 pp |
| 2018 | -6.18 | +0.39 pp |
| 2017 | -6.57 | −0.09 pp |
| 2016 | -6.48 | +0.47 pp |
| 2015 | -6.95 | −1.82 pp |
| 2014 | -5.13 | −1.89 pp |
| 2013 | -3.24 | −0.77 pp |
| 2012 | -2.47 | +0.02 pp |
| 2011 | -2.49 | +0.46 pp |
| 2010 | -2.95 | +1.03 pp |
| 2009 | -3.98 | −2.71 pp |
| 2008 | -1.27 | −0.28 pp |
| 2007 | -1 | +0.97 pp |
| 2006 | -1.97 | −1.21 pp |
| 2005 | -0.76 | +0.06 pp |
| 2004 | -0.82 | +2.18 pp |
| 2003 | -3 | +0.07 pp |
| 2002 | -3.07 | +0.62 pp |
| 2001 | -3.69 | −2.12 pp |
| 2000 | -1.56 | +1.46 pp |
| 1999 | -3.02 | −0.66 pp |
| 1998 | -2.36 | −1.36 pp |
| 1997 | -1 | — |
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.