Budget balance in upper-middle-income countries in 2031 — -6.21%. Since 1997, the indicator has fallen by 4.83 pp.
1997–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Upper-middle-income countries
| Year | % | Change, pp |
|---|---|---|
| 2031 | -6.21 | +0.01 pp |
| 2030 | -6.22 | +0.02 pp |
| 2029 | -6.24 | +0.18 pp |
| 2028 | -6.43 | +0.23 pp |
| 2027 | -6.66 | +0.04 pp |
| 2026 | -6.7 | −0.13 pp |
| 2025 | -6.57 | −0.52 pp |
| 2024 | -6.05 | −0.28 pp |
| 2023 | -5.77 | −0.1 pp |
| 2022 | -5.67 | −0.47 pp |
| 2021 | -5.2 | +3.62 pp |
| 2020 | -8.82 | −3.97 pp |
| 2019 | -4.84 | −1.11 pp |
| 2018 | -3.73 | −0.18 pp |
| 2017 | -3.56 | +0.27 pp |
| 2016 | -3.83 | −0.26 pp |
| 2015 | -3.57 | −1.42 pp |
| 2014 | -2.16 | −0.48 pp |
| 2013 | -1.68 | −0.66 pp |
| 2012 | -1.02 | −0.04 pp |
| 2011 | -0.99 | +0.69 pp |
| 2010 | -1.67 | +1.21 pp |
| 2009 | -2.88 | −2.64 pp |
| 2008 | -0.23 | −0.06 pp |
| 2007 | -0.18 | +0.34 pp |
| 2006 | -0.52 | +0.06 pp |
| 2005 | -0.58 | +0.9 pp |
| 2004 | -1.48 | +0.98 pp |
| 2003 | -2.47 | +0.63 pp |
| 2002 | -3.1 | +0 pp |
| 2001 | -3.1 | −0.37 pp |
| 2000 | -2.74 | +0.43 pp |
| 1999 | -3.17 | −0.74 pp |
| 1998 | -2.43 | −1.05 pp |
| 1997 | -1.38 | — |
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.
Gross general government debt as a percent of GDP.
Public Finance Government revenueHow much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.