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Budget surplus (+) or deficit (-) 2012 Country Ranks, By Rank
SOURCE: CIA World Factbook 2012
This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
NOTE: The information regarding Budget surplus (+) or deficit (-) 2012 on this page is re-published from the CIA World Factbook 2012. No claims are made regarding theaccuracy of Budget surplus (+) or deficit (-) 2012 information contained here. All suggestions for corrections of any errors about Budget surplus (+) or deficit (-) 2012 should be addressed to the CIA.
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This page was last modified 08-Mar-12
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