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Australia - Budget Deficit 1991

Name: Australia Budget Deficit 1991
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government net lending/borrowing as % of GDP · IMF WEO

-2.79% −2.56% from 1990 Global rank: 39th

Australia's budget deficit was -2.79% in 1991, decreased +2.56% from -0.23% in 1990. This was the 39th highest globally.

Global Ranking - 1991▾

Budget Deficit by Country - 1991
Rank	Country	Value	YoY
1st	Equatorial Guinea	-236.04%	-47.4%
2nd	Kuwait	-144.98%	-190.2%
3rd	Sudan	-26.48%	-63.4%
4th	Lebanon	-19.50%	35.4%
5th	Congo, Republic of	-11.20%	-172.8%
6th	Italy	-11.08%	0.5%
7th	Maldives	-10.22%	19.9%
8th	Jordan	-10.15%	-36.2%
9th	Suriname	-9.80%	-222.0%
10th	Greece	-9.63%	27.5%
11th	Canada	-8.36%	-41.4%
12th	Central African Republic	-8.00%	-21.2%
13th	Sri Lanka	-7.97%	-24.8%
14th	Portugal	-7.93%	-16.2%
15th	India	-7.90%	2.1%
16th	Belgium	-7.67%	-9.7%
17th	Syrian Arab Republic	-6.57%	-67.4%
18th	Kenya	-6.56%	-100.0%
19th	Mongolia	-6.37%	32.0%
20th	New Zealand	-6.14%	-124.6%
21st	Yemen, Republic of	-5.76%	43.9%
22nd	Tunisia	-5.25%	-
23rd	Spain	-4.58%	-17.4%
24th	Madagascar	-4.40%	-790.3%
25th	Grenada	-4.34%	44.3%
26th	Bolivia, Plurinational State of	-4.20%	4.5%
27th	Antigua and Barbuda	-3.91%	-3,278.9%
28th	Togo	-3.52%	-113.8%
29th	Bahrain	-3.47%	48.9%
30th	Saudi Arabia	-3.28%	-
31st	Guinea	-3.25%	13.5%
32nd	Germany	-3.21%	-
33rd	Denmark	-3.15%	-77.2%
34th	Benin	-3.08%	5.1%
35th	Dominica	-2.99%	35.9%
36th	Austria	-2.96%	-14.6%
37th	France	-2.89%	-17.6%
38th	Vanuatu	-2.81%	-
39th	Australia	-2.79%	-1,101.7%
40th	Burkina Faso	-2.77%	63.2%
41st	United Kingdom	-2.77%	-80.2%
42nd	Qatar	-2.57%	-179.6%
43rd	Costa Rica	-2.41%	45.3%
44th	El Salvador	-2.31%	-276.0%
45th	Bahamas, The	-2.27%	14.2%
46th	Comoros	-2.26%	-119.2%
47th	Honduras	-2.16%	-0.2%
48th	Netherlands	-2.05%	49.6%
49th	Gabon	-2.03%	47.0%
50th	Mozambique	-2.01%	54.6%
51st	Switzerland	-1.85%	-3,915.2%
52nd	Iran, Islamic Republic of	-1.64%	4.9%
53rd	Namibia	-1.59%	-247.6%
54th	Ghana	-1.47%	23.6%
55th	Nigeria	-1.18%	-147.6%
56th	Brunei Darussalam	-1.06%	34.7%
57th	China	-1.04%	-44.6%
58th	Morocco	-0.90%	32.3%
59th	Djibouti	-0.86%	73.5%
60th	Iceland	-0.66%	79.2%
61st	Papua New Guinea	-0.62%	69.4%
62nd	St. Vincent and the Grenadines	-0.49%	-128.1%
63rd	Bhutan	-0.48%	93.3%
64th	St. Lucia	-0.42%	-245.5%
65th	Philippines	-0.26%	82.8%
66th	Trinidad and Tobago	-0.21%	83.8%
67th	Norway	-0.12%	-106.1%
68th	Oman	0.12%	-97.6%
69th	Solomon Islands	0.14%	-76.4%
70th	Sweden	0.28%	-92.3%
71st	Finland	0.30%	-95.5%
72nd	Colombia	0.35%	186.2%
73rd	Bangladesh	0.44%	388.9%
74th	Tanzania	0.61%	-
75th	Singapore	0.68%	-65.3%
76th	St. Kitts and Nevis	0.92%	48.2%
77th	Mexico	1.49%	148.0%
78th	Algeria	1.53%	-54.5%
79th	Chile	1.54%	-31.5%
80th	Malaysia	1.60%	975.2%
81st	Guinea-Bissau	1.61%	-
82nd	Japan	1.68%	-14.5%
83rd	Hong Kong SAR, China	3.13%	387.1%
84th	Jamaica	3.14%	52.5%
85th	Seychelles	3.15%	-73.5%
86th	Romania	3.23%	214.5%
87th	Eswatini	3.28%	-40.0%
88th	Paraguay	3.41%	-54.9%
89th	Kiribati	3.87%	183.9%
90th	United Arab Emirates	3.89%	-
91st	Burundi	4.14%	-49.1%
92nd	Libya	8.41%	150.8%
93rd	Lesotho	9.74%	11.0%

FAQ

What was Australia's budget deficit in 1991?▾

Australia's budget deficit in 1991 was -2.79%. This ranked 39th globally.

How did Australia's budget deficit change in 1991?▾

Australia's budget deficit decreased by 1,101.7% in 1991 compared to 1990.

Which country had the highest budget deficit in 1991?▾

Lesotho had the highest budget deficit in 1991 at 9.74%.

What is the budget deficit of Australia in 1991?▾

The budget deficit of Australia in 1991 was -2.79%. This ranked 39th globally.

How does 1991 compare to 1990 for Australia's budget deficit?▾

Australia's budget deficit went from -0.23% in 1990 to -2.79% in 1991, a 1,101.7% decrease.

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