Budget balance — all countries

Budget balance — Southern Africa

Budget balance in Southern Africa in 2031 — -4.08%. Since 1990, the indicator has fallen by 7.49 pp.

2031 -4.08% −0.03 pp vs 2030
World rank
Period maximum 3.41%1990
Period minimum -9.49%2020

Trend over time

1990–2031 · % of GDP

Budget balance — Southern Africa, 1990–2031-10-5051990199520002005201020152020202520301990: 3.41%1991: 1.4%1992: -1.45%1993: -1.21%1994: -0.37%1995: 0.04%1996: -2.14%1997: -0.79%1998: -3.09%1999: 0.7%2000: -1.03%2001: -1.12%2002: -1.16%2003: -1.61%2004: -0.96%2005: 0.23%2006: 1.38%2007: 1.51%2008: -0.56%2009: -4.83%2010: -4.64%2011: -3.71%2012: -3.71%2013: -3.55%2014: -3.61%2015: -4.53%2016: -3.77%2017: -3.92%2018: -3.83%2019: -5.26%2020: -9.49%2021: -5.44%2022: -4.09%2023: -5.34%2024: -5.58%2025: -5.84%2026: -5.15%2027: -4.45%2028: -4.51%2029: -4.24%2030: -4.05%2031: -4.08%
Change over the period: −7.49 pp Annual average: -0.18 pp

Comparison, 2031

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

Southern Africa -4.08%
World computed -4.85%
Budget balance — Southern Africa, by year Southern Africa All countries CSV XLSX
Year % Change, pp
2031 -4.08 −0.03 pp
2030 -4.05 +0.19 pp
2029 -4.24 +0.27 pp
2028 -4.51 −0.06 pp
2027 -4.45 +0.7 pp
2026 -5.15 +0.69 pp
2025 -5.84 −0.26 pp
2024 -5.58 −0.24 pp
2023 -5.34 −1.25 pp
2022 -4.09 +1.35 pp
2021 -5.44 +4.04 pp
2020 -9.49 −4.23 pp
2019 -5.26 −1.43 pp
2018 -3.83 +0.1 pp
2017 -3.92 −0.16 pp
2016 -3.77 +0.76 pp
2015 -4.53 −0.92 pp
2014 -3.61 −0.06 pp
2013 -3.55 +0.16 pp
2012 -3.71 −0 pp
2011 -3.71 +0.93 pp
2010 -4.64 +0.19 pp
2009 -4.83 −4.27 pp
2008 -0.56 −2.07 pp
2007 1.51 +0.13 pp
2006 1.38 +1.14 pp
2005 0.23 +1.19 pp
2004 -0.96 +0.65 pp
2003 -1.61 −0.45 pp
2002 -1.16 −0.04 pp
2001 -1.12 −0.09 pp
2000 -1.03 −1.73 pp
1999 0.7 +3.79 pp
1998 -3.09 −2.3 pp
1997 -0.79 +1.35 pp
1996 -2.14 −2.18 pp
1995 0.04 +0.41 pp
1994 -0.37 +0.83 pp
1993 -1.21 +0.25 pp
1992 -1.45 −2.86 pp
1991 1.4 −2.01 pp
1990 3.41

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.