Budget balance — all countries

Budget balance — Western Asia

Budget balance in Western Asia in 2031 — -1.19%. Since 1995, the indicator has risen by 0.59 pp.

2031 -1.19% −0.02 pp vs 2030
World rank
Period maximum 9.54%2008
Period minimum -7.38%2020

Trend over time

1995–2031 · % of GDP

Budget balance — Western Asia, 1995–2031-10-5051019951999200320072011201520192023202720311995: -1.78%1996: -0.47%1997: 1.18%1998: -3.93%1999: -1.29%2000: 1.42%2001: -2.46%2002: -4.67%2003: -1.39%2004: 1.89%2005: 7.95%2006: 9.45%2007: 7.06%2008: 9.54%2009: -3%2010: 1.04%2011: 5.62%2012: 5.83%2013: 4.04%2014: 0.51%2015: -4.52%2016: -5.83%2017: -3.2%2018: -1.21%2019: -1.98%2020: -7.38%2021: -1.16%2022: 4.15%2023: -0.47%2024: -1.48%2025: -1.98%2026: -1.82%2027: -1.55%2028: -1.67%2029: -1.27%2030: -1.18%2031: -1.19%
Change over the period: +0.59 pp Annual average: 0.02 pp

Comparison, 2031

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

Western Asia -1.19%
World computed -4.85%
Budget balance — Western Asia, by year Western Asia All countries CSV XLSX
Year % Change, pp
2031 -1.19 −0.02 pp
2030 -1.18 +0.1 pp
2029 -1.27 +0.4 pp
2028 -1.67 −0.12 pp
2027 -1.55 +0.28 pp
2026 -1.82 +0.16 pp
2025 -1.98 −0.5 pp
2024 -1.48 −1.01 pp
2023 -0.47 −4.62 pp
2022 4.15 +5.31 pp
2021 -1.16 +6.22 pp
2020 -7.38 −5.4 pp
2019 -1.98 −0.77 pp
2018 -1.21 +1.99 pp
2017 -3.2 +2.63 pp
2016 -5.83 −1.31 pp
2015 -4.52 −5.03 pp
2014 0.51 −3.53 pp
2013 4.04 −1.78 pp
2012 5.83 +0.2 pp
2011 5.62 +4.58 pp
2010 1.04 +4.04 pp
2009 -3 −12.54 pp
2008 9.54 +2.48 pp
2007 7.06 −2.39 pp
2006 9.45 +1.5 pp
2005 7.95 +6.07 pp
2004 1.89 +3.28 pp
2003 -1.39 +3.28 pp
2002 -4.67 −2.21 pp
2001 -2.46 −3.89 pp
2000 1.42 +2.71 pp
1999 -1.29 +2.64 pp
1998 -3.93 −5.11 pp
1997 1.18 +1.65 pp
1996 -0.47 +1.31 pp
1995 -1.78

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.