Australia - Budget Deficit 2019
-4.41%
−3.15% from 2018
Australia's budget deficit was -4.41% in 2019, decreased +3.15% from -1.26% in 2018. This was the 43rd highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -25.44% | 5.4% |
| 2nd | Suriname | -20.23% | -136.3% |
| 3rd | Senegal | -13.93% | -280.3% |
| 4th | Sudan | -10.78% | -36.1% |
| 5th | Lebanon | -10.52% | 6.9% |
| 6th | Zambia | -9.41% | -13.2% |
| 7th | Dominica | -8.72% | 49.3% |
| 8th | Bahrain | -8.57% | 24.0% |
| 9th | Botswana | -8.53% | -69.6% |
| 10th | Algeria | -8.51% | -38.3% |
| 11th | Mauritius | -8.19% | -280.3% |
| 12th | Pakistan | -7.79% | -37.3% |
| 13th | India | -7.69% | -21.4% |
| 14th | Egypt, Arab Republic of | -7.60% | 15.4% |
| 15th | Ghana | -7.52% | -10.7% |
| 16th | Sri Lanka | -7.52% | -51.7% |
| 17th | Kenya | -7.42% | -6.9% |
| 18th | Bolivia, Plurinational State of | -7.25% | 11.3% |
| 19th | Jordan | -7.19% | -24.3% |
| 20th | Costa Rica | -6.68% | -18.1% |
| 21st | Maldives | -6.54% | -26.6% |
| 22nd | Burundi | -6.40% | 3.9% |
| 23rd | Eswatini | -6.23% | 5.3% |
| 24th | China | -6.01% | -42.9% |
| 25th | Yemen, Republic of | -5.89% | 25.0% |
| 26th | United States | -5.81% | -8.8% |
| 27th | Lesotho | -5.72% | -29.7% |
| 28th | Namibia | -5.49% | -7.8% |
| 29th | Bangladesh | -5.41% | -32.9% |
| 30th | Rwanda | -5.08% | -97.3% |
| 31st | South Africa | -5.07% | -35.9% |
| 32nd | Papua New Guinea | -4.98% | -92.9% |
| 33rd | Liberia | -4.93% | -4.7% |
| 34th | Brazil | -4.86% | 30.5% |
| 35th | Oman | -4.83% | 28.1% |
| 36th | Uganda | -4.82% | -59.3% |
| 37th | Myanmar | -4.70% | -69.7% |
| 38th | Türkiye | -4.69% | -51.4% |
| 39th | Romania | -4.55% | -66.3% |
| 40th | Malawi | -4.55% | -4.7% |
| 41st | West Bank and Gaza | -4.48% | -82.2% |
| 42nd | Argentina | -4.45% | 18.3% |
| 43rd | Australia | -4.41% | -250.3% |
| 44th | Iran, Islamic Republic of | -4.30% | -170.6% |
| 45th | Comoros | -4.30% | -218.9% |
| 46th | Nepal | -4.27% | 26.8% |
| 47th | Saudi Arabia | -3.97% | 23.9% |
| 48th | Guinea-Bissau | -3.86% | 19.0% |
| 49th | Morocco | -3.80% | -8.0% |
| 50th | Israel | -3.79% | -6.6% |
| 51st | Trinidad and Tobago | -3.72% | 36.9% |
| 52nd | Brunei Darussalam | -3.69% | -2.8% |
| 53rd | Fiji | -3.65% | 24.3% |
| 54th | Antigua and Barbuda | -3.64% | -49.8% |
| 55th | Tunisia | -3.60% | 15.5% |
| 56th | Niger | -3.56% | -18.3% |
| 57th | St. Lucia | -3.51% | -242.1% |
| 58th | Colombia | -3.48% | 25.4% |
| 59th | Ecuador | -3.47% | -23.7% |
| 60th | Dominican Republic | -3.46% | -58.9% |
| 61st | St. Vincent and the Grenadines | -3.45% | -109.7% |
| 62nd | Burkina Faso | -3.39% | 23.6% |
| 63rd | Nigeria | -3.31% | -7.9% |
| 64th | Cameroon | -3.24% | -34.7% |
| 65th | Lao PDR | -3.20% | 28.3% |
| 66th | Congo, Democratic Republic of | -3.17% | -136.4% |
| 67th | El Salvador | -3.07% | -13.5% |
| 68th | Japan | -3.05% | -23.2% |
| 69th | Spain | -3.04% | -18.0% |
| 70th | Belize | -2.90% | -112.4% |
| 71st | Panama | -2.89% | -0.4% |
| 72nd | Gambia, The | -2.75% | 30.0% |
| 73rd | Chile | -2.73% | -84.3% |
| 74th | Uruguay | -2.71% | -43.8% |
| 75th | Guyana | -2.52% | 0.1% |
| 76th | New Zealand | -2.50% | -296.5% |
| 77th | United Kingdom | -2.47% | -8.9% |
| 78th | Paraguay | -2.44% | -140.8% |
| 79th | France | -2.39% | -3.0% |
| 80th | Mexico | -2.27% | -5.9% |
| 81st | Guatemala | -2.24% | -18.9% |
| 82nd | Côte d'Ivoire | -2.22% | 23.6% |
| 83rd | Indonesia | -2.09% | -23.7% |
| 84th | Ukraine | -2.08% | 2.0% |
| 85th | Tanzania | -2.06% | -2.4% |
| 86th | Belgium | -2.05% | -95.4% |
| 87th | Tajikistan | -2.04% | 24.1% |
| 88th | Hungary | -2.02% | 1.1% |
| 89th | Malaysia | -2.01% | 24.1% |
| 90th | Haiti | -2.00% | -77.2% |
| 91st | North Macedonia | -1.97% | -12.1% |
| 92nd | Sierra Leone | -1.95% | 45.3% |
| 93rd | Albania | -1.92% | -20.3% |
| 94th | Georgia | -1.83% | -127.3% |
| 95th | Marshall Islands | -1.80% | -170.7% |
| 96th | Montenegro | -1.74% | 72.4% |
| 97th | Zimbabwe | -1.72% | 54.9% |
| 98th | Mali | -1.68% | 64.5% |
| 99th | Bahamas, The | -1.68% | 48.8% |
| 100th | Cabo Verde | -1.62% | 31.6% |
| 101st | Iceland | -1.57% | -267.3% |
| 102nd | Solomon Islands | -1.52% | -202.4% |
| 103rd | Philippines | -1.50% | -1.3% |
| 104th | Bhutan | -1.49% | 2.2% |
| 105th | Moldova | -1.47% | -71.9% |
| 106th | Italy | -1.45% | 33.9% |
| 107th | Madagascar | -1.42% | -6.2% |
| 108th | Peru | -1.37% | 29.6% |
| 109th | Slovak Republic | -1.21% | -19.8% |
| 110th | Nicaragua | -1.12% | 74.2% |
| 111th | Tuvalu | -1.07% | -103.5% |
| 112th | Afghanistan | -1.06% | -164.7% |
| 113th | Djibouti | -0.98% | 50.5% |
| 114th | Armenia | -0.98% | 44.2% |
| 115th | Bulgaria | -0.96% | -881.3% |
| 116th | Finland | -0.93% | -7.0% |
| 117th | Poland | -0.73% | -199.6% |
| 118th | St. Kitts and Nevis | -0.70% | -139.0% |
| 119th | Hong Kong SAR, China | -0.58% | -124.8% |
| 120th | Kazakhstan | -0.57% | -122.1% |
| 121st | Benin | -0.53% | 82.2% |
| 122nd | Turkmenistan | -0.40% | -87.0% |
| 123rd | Viet Nam | -0.40% | 61.1% |
| 124th | Latvia | -0.39% | 48.5% |
| 125th | Palau | -0.36% | -105.8% |
| 126th | Uzbekistan | -0.30% | -118.4% |
| 127th | Aruba | -0.25% | 90.7% |
| 128th | Guinea | -0.17% | 82.6% |
| 129th | Chad | -0.11% | -108.0% |
| 130th | Estonia | -0.11% | 90.5% |
| 131st | San Marino | -0.11% | 93.1% |
| 132nd | Greece | -0.09% | -111.1% |
| 133rd | Kyrgyz Republic | -0.07% | 87.5% |
| 134th | São Tomé and Principe | -0.07% | 96.7% |
| 135th | Canada | -0.02% | -104.7% |
| 136th | Serbia | 0.00% | -100.5% |
| 137th | South Sudan | 0.04% | 104.0% |
| 138th | Honduras | 0.09% | -54.8% |
| 139th | Portugal | 0.12% | 127.5% |
| 140th | Somalia, Fed. Rep. | 0.28% | 790.3% |
| 141st | Czechia | 0.28% | -67.9% |
| 142nd | Korea | 0.35% | -85.5% |
| 143rd | Ireland | 0.41% | 351.1% |
| 144th | Lithuania | 0.41% | -21.1% |
| 145th | Seychelles | 0.42% | 152.7% |
| 146th | Thailand | 0.43% | 110.3% |
| 147th | Sweden | 0.44% | -34.6% |
| 148th | Austria | 0.54% | 174.9% |
| 149th | Slovenia | 0.68% | -24.0% |
| 150th | Angola | 0.69% | -65.9% |
| 151st | Malta | 0.72% | -61.1% |
| 152nd | Iraq | 0.83% | -89.1% |
| 153rd | Jamaica | 0.85% | -23.4% |
| 154th | Belarus | 0.91% | -49.6% |
| 155th | Qatar | 1.00% | -55.8% |
| 156th | Mongolia | 1.00% | -64.9% |
| 157th | Cyprus | 1.03% | 130.7% |
| 158th | Central African Republic | 1.33% | 242.6% |
| 159th | Germany | 1.33% | -29.5% |
| 160th | Switzerland | 1.34% | 4.0% |
| 161st | Bosnia and Herzegovina | 1.37% | -16.2% |
| 162nd | Samoa | 1.51% | 2,543.9% |
| 163rd | Togo | 1.67% | 381.9% |
| 164th | Mozambique | 1.70% | 123.1% |
| 165th | Equatorial Guinea | 1.82% | 249.4% |
| 166th | Puerto Rico (US) | 1.90% | 7,496.0% |
| 167th | Netherlands | 1.91% | 27.6% |
| 168th | Russian Federation | 1.93% | -34.0% |
| 169th | Gabon | 2.13% | 1,103.3% |
| 170th | Cambodia | 2.19% | 687.1% |
| 171st | Andorra | 2.31% | -13.7% |
| 172nd | Croatia | 2.31% | 884.7% |
| 173rd | United Arab Emirates | 2.50% | -31.7% |
| 174th | Mauritania | 2.65% | -17.9% |
| 175th | Luxembourg | 2.68% | -15.6% |
| 176th | Eritrea | 2.72% | -48.0% |
| 177th | Vanuatu | 2.81% | -55.1% |
| 178th | Barbados | 3.03% | 986.5% |
| 179th | Tonga | 3.28% | 12.2% |
| 180th | Liechtenstein | 3.60% | 27.5% |
| 181st | Singapore | 3.77% | 2.4% |
| 182nd | Denmark | 4.28% | 428.8% |
| 183rd | Congo, Republic of | 4.30% | -17.6% |
| 184th | Grenada | 4.96% | 0.8% |
| 185th | Norway | 6.52% | -16.5% |
| 186th | Azerbaijan | 8.96% | 64.9% |
| 187th | Kiribati | 10.82% | 108.8% |
| 188th | Libya | 11.93% | 27.0% |
| 189th | Kuwait | 12.97% | -26.0% |
| 190th | Macao SAR, China | 14.44% | 8.4% |
| 191st | Micronesia, Federated States of | 19.54% | -20.8% |
| 192nd | Nauru | 30.99% | 4.8% |
FAQ
What was Australia's budget deficit in 2019?▾
Australia's budget deficit in 2019 was -4.41%. This ranked 43rd globally.
How did Australia's budget deficit change in 2019?▾
Australia's budget deficit decreased by 250.3% in 2019 compared to 2018.
Which country had the highest budget deficit in 2019?▾
Nauru had the highest budget deficit in 2019 at 30.99%.
What is the budget deficit of Australia in 2019?▾
The budget deficit of Australia in 2019 was -4.41%. This ranked 43rd globally.
How does 2019 compare to 2018 for Australia's budget deficit?▾
Australia's budget deficit went from -1.26% in 2018 to -4.41% in 2019, a 250.3% decrease.
Related
2018
2020
All years
Full ranking 2019
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2006
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
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vs Sweden
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OECD Budget Deficit
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