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Australia - Budget Deficit 1992

Name: Australia Budget Deficit 1992
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

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

-4.75% −1.96% from 1991 Global rank: 35th

Australia's budget deficit was -4.75% in 1992, decreased +1.96% from -2.79% in 1991. This was the 35th highest globally.

Global Ranking - 1992▾

Budget Deficit by Country - 1992
Rank	Country	Value	YoY
1st	Equatorial Guinea	-557.50%	-136.2%
2nd	Kuwait	-28.06%	80.6%
3rd	Sudan	-24.52%	7.4%
4th	Lebanon	-23.98%	-23.0%
5th	Congo, Republic of	-12.68%	-13.3%
6th	Maldives	-12.60%	-23.3%
7th	Yemen, Republic of	-10.91%	-89.3%
8th	Greece	-10.65%	-10.6%
9th	Italy	-10.09%	9.0%
10th	Samoa	-9.89%	-
11th	Canada	-9.20%	-10.0%
12th	Sweden	-8.51%	-3,097.5%
13th	Belgium	-8.42%	-9.7%
14th	Brunei Darussalam	-8.28%	-680.6%
15th	Kenya	-8.28%	-26.1%
16th	Saudi Arabia	-8.12%	-147.5%
17th	Mongolia	-8.10%	-27.3%
18th	India	-7.89%	0.1%
19th	Central African Republic	-7.33%	8.4%
20th	Syrian Arab Republic	-7.26%	-10.5%
21st	Rwanda	-7.21%	-
22nd	Suriname	-6.45%	34.2%
23rd	New Zealand	-6.27%	-2.1%
24th	Djibouti	-6.13%	-610.7%
25th	Croatia	-5.69%	-
26th	United Kingdom	-5.41%	-95.5%
27th	Bahrain	-5.41%	-55.9%
28th	Portugal	-5.19%	34.5%
29th	Madagascar	-5.00%	-13.8%
30th	Tanzania	-4.96%	-919.7%
31st	Sri Lanka	-4.95%	37.9%
32nd	Gabon	-4.90%	-141.1%
33rd	Finland	-4.88%	-1,721.6%
34th	Oman	-4.85%	-4,281.0%
35th	Australia	-4.75%	-70.2%
36th	France	-4.64%	-60.8%
37th	Romania	-4.55%	-240.9%
38th	Ghana	-4.50%	-205.6%
39th	Bolivia, Plurinational State of	-4.40%	-4.8%
40th	Papua New Guinea	-4.33%	-595.5%
41st	El Salvador	-4.29%	-86.1%
42nd	Spain	-4.27%	6.9%
43rd	Burundi	-4.16%	-200.6%
44th	Bhutan	-3.47%	-621.6%
45th	Tunisia	-3.45%	34.3%
46th	St. Vincent and the Grenadines	-3.32%	-584.1%
47th	Netherlands	-3.12%	-52.1%
48th	Switzerland	-2.96%	-60.3%
49th	Eswatini	-2.76%	-184.1%
50th	Trinidad and Tobago	-2.76%	-1,188.8%
51st	Qatar	-2.74%	-6.5%
52nd	Benin	-2.71%	11.9%
53rd	Germany	-2.63%	18.0%
54th	Denmark	-2.60%	17.6%
55th	Namibia	-2.55%	-60.4%
56th	Burkina Faso	-2.51%	9.5%
57th	Vanuatu	-2.32%	17.2%
58th	Togo	-2.27%	35.4%
59th	Fiji	-2.25%	-
60th	Bahamas, The	-2.23%	1.7%
61st	Dominica	-2.22%	25.5%
62nd	Austria	-2.15%	27.5%
63rd	Norway	-2.07%	-1,636.1%
64th	Comoros	-1.99%	11.8%
65th	Iceland	-1.86%	-182.7%
66th	Mozambique	-1.85%	7.8%
67th	Morocco	-1.84%	-105.8%
68th	Costa Rica	-1.51%	37.2%
69th	Honduras	-1.49%	30.9%
70th	Grenada	-1.46%	66.4%
71st	China	-1.22%	-17.4%
72nd	Algeria	-1.05%	-168.7%
73rd	Guinea	-0.89%	72.6%
74th	Iran, Islamic Republic of	-0.86%	47.8%
75th	Antigua and Barbuda	-0.81%	79.2%
76th	St. Lucia	-0.66%	-57.5%
77th	Philippines	-0.43%	-65.6%
78th	Guinea-Bissau	-0.25%	-115.7%
79th	Colombia	-0.07%	-119.1%
80th	Libya	0.11%	-98.7%
81st	Bangladesh	0.36%	-19.5%
82nd	St. Kitts and Nevis	0.50%	-45.8%
83rd	Japan	0.57%	-65.7%
84th	Kiribati	0.79%	-79.6%
85th	Nigeria	0.94%	179.8%
86th	Malaysia	1.81%	12.7%
87th	Jordan	1.87%	118.4%
88th	Chile	2.11%	36.8%
89th	Mexico	2.26%	51.4%
90th	Hong Kong SAR, China	2.63%	-16.0%
91st	Singapore	2.70%	296.0%
92nd	Jamaica	2.83%	-9.9%
93rd	Paraguay	3.10%	-9.1%
94th	United Arab Emirates	3.34%	-14.2%
95th	Solomon Islands	4.13%	2,913.9%
96th	Lesotho	4.65%	-52.2%
97th	Seychelles	6.44%	104.4%
98th	Eritrea	6.85%	-
99th	Uzbekistan	7.15%	-

FAQ

What was Australia's budget deficit in 1992?▾

Australia's budget deficit in 1992 was -4.75%. This ranked 35th globally.

How did Australia's budget deficit change in 1992?▾

Australia's budget deficit decreased by 70.2% in 1992 compared to 1991.

Which country had the highest budget deficit in 1992?▾

Uzbekistan had the highest budget deficit in 1992 at 7.15%.

What is the budget deficit of Australia in 1992?▾

The budget deficit of Australia in 1992 was -4.75%. This ranked 35th globally.

How does 1992 compare to 1991 for Australia's budget deficit?▾

Australia's budget deficit went from -2.79% in 1991 to -4.75% in 1992, a 70.2% decrease.

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