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Afghanistan Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

Afghanistan's budget deficit was -0.54% in 2024, ranked 146th globally. This represents a 59.4% increase from 2023. Data from IMF WEO, covering 2002–2024.

-0.54% +0.79% (+59.4%)
Year 2024 Rank #146 Global Peak 1.63% (2018) Source IMF WEO

Afghanistan Budget Deficit (2002–2024)

Overview

Afghanistan's budget deficit stood at -0.54% in 2024, a rise of +0.79% from 2023. Afghanistan ranked 146th globally.

Afghanistan's budget deficit has fluctuated significantly over the past 23 years, with the latest value standing at -0.54 in 2024, ranking 146th globally. This is a significant departure from its all-time peak of 1.63 in 2018, and also a recovery from its all-time trough of -3.86 in 2008. In comparison to its peers, Afghanistan's budget deficit is closely aligned with that of Puerto Rico (US) and San Marino, which also have deficits of -0.54 and -0.53, respectively. The country's fiscal situation is also slightly better than that of Equatorial Guinea, which has a deficit of -0.55. As Afghanistan continues to navigate its economic challenges, a sustained improvement in revenue collection and expenditure management would be necessary to alter the trajectory of its budget deficit trend.

Data & projection

Year Budget Deficit YoY change Rank
2024 -0.54% +0.79% #146
2023 -1.33% −0.33% #126
2022 -1.00% −0.51% #129
2021 -0.49% +1.76% #158
2020 -2.24% −1.19% #162
2019 -1.06% −2.69% #112
2018 1.63% +2.31% #157
2017 -0.67% −0.80% #136
2016 0.13% +1.51% #153
2015 -1.38% +0.34% #134
2014 -1.72% −1.09% #125
2013 -0.63% −0.81% #143
2012 0.18% +0.85% #145
2011 -0.67% −1.61% #135
2010 0.93% +2.69% #163
Show all years (2002-2024)

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 13.7% GDP growth -6.2% Unemployment 14.1%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Afghanistan matched the Stagflation Risk pattern in 2022. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Afghanistan's budget deficit?▾

Afghanistan's budget deficit was -0.54% in 2024. Ranked 146th globally. This represents a 59.4% increase from the previous year.

What was the highest budget deficit in Afghanistan?▾

Afghanistan's budget deficit peaked at 1.63% in 2018.

What was the lowest budget deficit in Afghanistan?▾

The lowest budget deficit in Afghanistan was -3.86% in 2008.

How does Afghanistan rank in budget deficit?▾

Afghanistan ranks 146th globally in budget deficit as of 2024.

What is the World Bank indicator code for budget deficit?▾

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the budget deficit of Afghanistan in 2024?▾

The budget deficit of Afghanistan in 2024 was -0.54%. This ranks 146th in the world.

Cite this page

APA
Afghanistan Budget Deficit. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/afghanistan/budget-deficit/
BibTeX
@misc{historysaid_afghanistan_budget-deficit, title = {Afghanistan Budget Deficit}, url = {https://historysaid.com/afghanistan/budget-deficit/}, publisher = {HistorySaid}, year = {2026} }
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