Budget balance — all countries

Budget balance — Western Africa

Budget balance in Western Africa in 2031 — -2.26%. Since 1997, the indicator has fallen by 2.76 pp.

2031 -2.26% +0.09 pp vs 2030
World rank
Period maximum 5.15%2006
Period minimum -5.39%2022

Trend over time

1997–2031 · % of GDP

Budget balance — Western Africa, 1997–2031-10-5051019972001200520092013201720212025202920311997: 0.5%1998: -3.22%1999: -1.99%2000: 1.01%2001: -2.15%2002: 0.03%2003: -1.6%2004: 2.04%2005: 1.93%2006: 5.15%2007: -1.1%2008: 2.4%2009: -3.65%2010: -3.19%2011: -0.62%2012: -0.75%2013: -2.46%2014: -2.2%2015: -2.88%2016: -3.54%2017: -3.72%2018: -3.35%2019: -3.58%2020: -5.36%2021: -5.05%2022: -5.39%2023: -4.02%2024: -3.7%2025: -2.57%2026: -3.76%2027: -2.81%2028: -2.44%2029: -2.36%2030: -2.35%2031: -2.26%
Change over the period: −2.76 pp Annual average: -0.08 pp

Comparison, 2031

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

Western Africa -2.26%
World computed -4.85%
Budget balance — Western Africa, by year Western Africa All countries CSV XLSX
Year % Change, pp
2031 -2.26 +0.09 pp
2030 -2.35 +0.01 pp
2029 -2.36 +0.08 pp
2028 -2.44 +0.37 pp
2027 -2.81 +0.94 pp
2026 -3.76 −1.19 pp
2025 -2.57 +1.13 pp
2024 -3.7 +0.33 pp
2023 -4.02 +1.37 pp
2022 -5.39 −0.34 pp
2021 -5.05 +0.31 pp
2020 -5.36 −1.78 pp
2019 -3.58 −0.24 pp
2018 -3.35 +0.38 pp
2017 -3.72 −0.18 pp
2016 -3.54 −0.66 pp
2015 -2.88 −0.68 pp
2014 -2.2 +0.26 pp
2013 -2.46 −1.71 pp
2012 -0.75 −0.14 pp
2011 -0.62 +2.57 pp
2010 -3.19 +0.46 pp
2009 -3.65 −6.05 pp
2008 2.4 +3.5 pp
2007 -1.1 −6.25 pp
2006 5.15 +3.22 pp
2005 1.93 −0.11 pp
2004 2.04 +3.64 pp
2003 -1.6 −1.63 pp
2002 0.03 +2.18 pp
2001 -2.15 −3.17 pp
2000 1.01 +3 pp
1999 -1.99 +1.23 pp
1998 -3.22 −3.72 pp
1997 0.5

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.