Colombia - Budget Deficit 1988
-0.90%
−0.30% from 1987
Colombia's budget deficit was -0.90% in 1988, decreased +0.30% from -0.60% in 1987. This was the 30th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Equatorial Guinea | -208.50% | -32.0% |
| 2nd | Solomon Islands | -16.76% | 35.1% |
| 3rd | Mongolia | -14.35% | -4.9% |
| 4th | Jordan | -13.02% | 2.8% |
| 5th | Italy | -10.58% | - |
| 6th | Greece | -9.63% | -19.0% |
| 7th | Trinidad and Tobago | -9.34% | - |
| 8th | St. Kitts and Nevis | -7.51% | 50.7% |
| 9th | Belgium | -7.51% | 7.8% |
| 10th | India | -7.01% | - |
| 11th | Bolivia, Plurinational State of | -6.50% | 15.6% |
| 12th | Mozambique | -6.47% | 10.6% |
| 13th | Canada | -4.51% | 21.5% |
| 14th | Netherlands | -4.35% | 17.4% |
| 15th | Burkina Faso | -4.32% | 18.0% |
| 16th | Portugal | -4.32% | 49.1% |
| 17th | Bangladesh | -4.14% | 5.9% |
| 18th | Central African Republic | -3.72% | - |
| 19th | Spain | -3.40% | -3.8% |
| 20th | Austria | -3.37% | - |
| 21st | Brunei Darussalam | -3.07% | -190.1% |
| 22nd | Comoros | -2.69% | 13.6% |
| 23rd | France | -2.57% | -26.8% |
| 24th | Kenya | -1.97% | 13.2% |
| 25th | Iceland | -1.93% | -145.7% |
| 26th | New Zealand | -1.88% | 45.2% |
| 27th | Lesotho | -1.87% | 34.3% |
| 28th | Ghana | -1.08% | -16.2% |
| 29th | China | -0.96% | -37.8% |
| 30th | Colombia | -0.90% | -49.7% |
| 31st | Madagascar | -0.57% | 73.1% |
| 32nd | Denmark | -0.09% | -106.4% |
| 33rd | United Kingdom | 0.25% | 114.8% |
| 34th | Papua New Guinea | 0.31% | -0.6% |
| 35th | Australia | 0.48% | - |
| 36th | Japan | 0.50% | 237.9% |
| 37th | St. Vincent and the Grenadines | 0.59% | -46.5% |
| 38th | Switzerland | 0.92% | -16.3% |
| 39th | Bhutan | 1.33% | 336.8% |
| 40th | St. Lucia | 2.02% | 259.9% |
| 41st | Norway | 2.37% | -44.0% |
| 42nd | Paraguay | 3.01% | 12.4% |
| 43rd | Eswatini | 3.23% | 59.3% |
| 44th | Hong Kong SAR, China | 3.32% | 9.0% |
| 45th | Sweden | 3.63% | -0.1% |
| 46th | Finland | 4.87% | 577.6% |
| 47th | Seychelles | 11.81% | 326.2% |
| 48th | Kuwait | 27.71% | 18.1% |
FAQ
What was Colombia's budget deficit in 1988?▾
Colombia's budget deficit in 1988 was -0.90%. This ranked 30th globally.
How did Colombia's budget deficit change in 1988?▾
Colombia's budget deficit decreased by 49.7% in 1988 compared to 1987.
Which country had the highest budget deficit in 1988?▾
Kuwait had the highest budget deficit in 1988 at 27.71%.
What is the budget deficit of Colombia in 1988?▾
The budget deficit of Colombia in 1988 was -0.90%. This ranked 30th globally.
How does 1988 compare to 1987 for Colombia's budget deficit?▾
Colombia's budget deficit went from -0.60% in 1987 to -0.90% in 1988, a 49.7% decrease.
HistorySaid - pattern alert
Colombia matched the Orthodox Tightening Cycle pattern in 1988. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 29.2%. View full analysis →
Related
1987
1989
All years
Full ranking 1988
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 1991
Lowest: 2021
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Moldova
vs Equatorial Guinea
vs Marshall Islands
vs Jamaica
OECD Budget Deficit
Global Ranking