Eritrea - Budget Deficit 2018
5.22%
+10.96% from 2017
Eritrea's budget deficit was 5.22% in 2018, increased +10.96% from -5.74% in 2017. This was the 181st highest globally.
Global Ranking - 2018▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -26.91% | 20.3% |
| 2nd | Dominica | -17.19% | -426.2% |
| 3rd | Lebanon | -11.30% | -30.6% |
| 4th | Bahrain | -11.28% | 15.7% |
| 5th | Egypt, Arab Republic of | -8.98% | 9.3% |
| 6th | Suriname | -8.56% | 0.7% |
| 7th | Zambia | -8.31% | -10.8% |
| 8th | Bolivia, Plurinational State of | -8.17% | -4.0% |
| 9th | Sudan | -7.92% | -30.5% |
| 10th | Yemen, Republic of | -7.85% | -60.0% |
| 11th | Mozambique | -7.39% | -154.5% |
| 12th | Brazil | -6.99% | 12.3% |
| 13th | Kenya | -6.94% | 6.2% |
| 14th | Ghana | -6.79% | -71.2% |
| 15th | Oman | -6.72% | 35.8% |
| 16th | Burundi | -6.66% | -33.0% |
| 17th | Eswatini | -6.58% | -16.8% |
| 18th | India | -6.34% | -1.8% |
| 19th | Montenegro | -6.30% | 8.6% |
| 20th | Algeria | -6.15% | 18.5% |
| 21st | Trinidad and Tobago | -5.89% | 43.6% |
| 22nd | Nepal | -5.83% | -116.9% |
| 23rd | Jordan | -5.78% | -60.1% |
| 24th | Pakistan | -5.67% | -9.7% |
| 25th | Costa Rica | -5.66% | 3.7% |
| 26th | Argentina | -5.44% | 18.7% |
| 27th | United States | -5.34% | -11.3% |
| 28th | Saudi Arabia | -5.21% | 39.2% |
| 29th | Maldives | -5.17% | -71.1% |
| 30th | Namibia | -5.09% | -2.0% |
| 31st | Botswana | -5.03% | -340.2% |
| 32nd | Sri Lanka | -4.96% | 2.8% |
| 33rd | Fiji | -4.82% | -111.0% |
| 34th | Guinea-Bissau | -4.76% | -260.6% |
| 35th | Mali | -4.74% | -65.7% |
| 36th | Liberia | -4.70% | 34.1% |
| 37th | Colombia | -4.67% | -87.0% |
| 38th | Lao PDR | -4.47% | 19.0% |
| 39th | Burkina Faso | -4.43% | 35.9% |
| 40th | Lesotho | -4.41% | -118.7% |
| 41st | Malawi | -4.35% | 15.6% |
| 42nd | Nicaragua | -4.35% | -147.6% |
| 43rd | Tunisia | -4.27% | 23.9% |
| 44th | China | -4.20% | -25.8% |
| 45th | Bangladesh | -4.07% | 2.4% |
| 46th | Gambia, The | -3.92% | 9.8% |
| 47th | Zimbabwe | -3.81% | 48.3% |
| 48th | South Africa | -3.73% | 7.1% |
| 49th | Senegal | -3.66% | -23.4% |
| 50th | Brunei Darussalam | -3.59% | 65.5% |
| 51st | Sierra Leone | -3.57% | 36.3% |
| 52nd | Israel | -3.56% | -214.2% |
| 53rd | Morocco | -3.52% | -6.6% |
| 54th | Cyprus | -3.36% | -258.0% |
| 55th | Bahamas, The | -3.28% | 45.7% |
| 56th | Türkiye | -3.10% | -65.9% |
| 57th | Nigeria | -3.06% | 20.3% |
| 58th | Uganda | -3.02% | 21.0% |
| 59th | Niger | -3.01% | 26.9% |
| 60th | Benin | -2.96% | 29.3% |
| 61st | Côte d'Ivoire | -2.91% | 11.3% |
| 62nd | Panama | -2.88% | -49.8% |
| 63rd | Ecuador | -2.80% | 51.4% |
| 64th | Myanmar | -2.77% | 19.2% |
| 65th | Romania | -2.74% | 4.1% |
| 66th | El Salvador | -2.71% | -7.0% |
| 67th | Tajikistan | -2.69% | 52.4% |
| 68th | Malaysia | -2.65% | -9.7% |
| 69th | Aruba | -2.64% | -2.1% |
| 70th | Papua New Guinea | -2.58% | -4.2% |
| 71st | Spain | -2.58% | 16.8% |
| 72nd | Rwanda | -2.57% | -2.2% |
| 73rd | Guyana | -2.52% | 19.6% |
| 74th | Japan | -2.47% | 20.3% |
| 75th | West Bank and Gaza | -2.46% | 11.6% |
| 76th | Antigua and Barbuda | -2.43% | 10.6% |
| 77th | Cameroon | -2.41% | 49.0% |
| 78th | Cabo Verde | -2.36% | 10.3% |
| 79th | France | -2.32% | 31.0% |
| 80th | United Kingdom | -2.27% | 8.9% |
| 81st | Italy | -2.19% | 12.6% |
| 82nd | Dominican Republic | -2.18% | 30.4% |
| 83rd | Mauritius | -2.15% | -33.4% |
| 84th | Mexico | -2.14% | -106.9% |
| 85th | Ukraine | -2.12% | 9.8% |
| 86th | Hungary | -2.05% | 16.7% |
| 87th | São Tomé and Principe | -2.02% | 34.9% |
| 88th | Tanzania | -2.01% | -76.0% |
| 89th | Djibouti | -1.98% | -839.8% |
| 90th | Peru | -1.94% | 30.3% |
| 91st | Uruguay | -1.89% | 24.8% |
| 92nd | Guatemala | -1.88% | -35.9% |
| 93rd | North Macedonia | -1.76% | 35.8% |
| 94th | Armenia | -1.75% | 63.4% |
| 95th | Indonesia | -1.69% | 25.4% |
| 96th | St. Vincent and the Grenadines | -1.65% | -5.4% |
| 97th | Albania | -1.60% | -13.6% |
| 98th | Iran, Islamic Republic of | -1.59% | -2.7% |
| 99th | San Marino | -1.56% | 55.4% |
| 100th | Bhutan | -1.52% | 66.2% |
| 101st | Philippines | -1.48% | -97.3% |
| 102nd | Chile | -1.48% | 43.6% |
| 103rd | Belize | -1.37% | 60.8% |
| 104th | Comoros | -1.35% | -1,274.5% |
| 105th | Congo, Democratic Republic of | -1.34% | -2,475.0% |
| 106th | Madagascar | -1.34% | 36.4% |
| 107th | Australia | -1.26% | 26.7% |
| 108th | Estonia | -1.15% | -7.5% |
| 109th | Haiti | -1.13% | -256.3% |
| 110th | South Sudan | -1.06% | -111.1% |
| 111th | Belgium | -1.05% | -37.4% |
| 112th | St. Lucia | -1.03% | 9.2% |
| 113th | Viet Nam | -1.02% | 48.0% |
| 114th | Paraguay | -1.01% | -131.0% |
| 115th | Slovak Republic | -1.01% | -2.1% |
| 116th | Guinea | -0.97% | 50.9% |
| 117th | Central African Republic | -0.93% | 6.5% |
| 118th | Finland | -0.87% | -38.6% |
| 119th | Moldova | -0.85% | -31.2% |
| 120th | Georgia | -0.80% | -77.7% |
| 121st | Seychelles | -0.80% | 52.0% |
| 122nd | Latvia | -0.77% | 10.3% |
| 123rd | Togo | -0.59% | -184.1% |
| 124th | Kyrgyz Republic | -0.59% | 84.2% |
| 125th | Portugal | -0.43% | 85.8% |
| 126th | Barbados | -0.34% | 91.2% |
| 127th | Poland | -0.25% | 83.5% |
| 128th | Turkmenistan | -0.22% | 92.4% |
| 129th | Gabon | -0.21% | 87.5% |
| 130th | Puerto Rico (US) | 0.03% | 102.3% |
| 131st | Somalia, Fed. Rep. | 0.03% | -91.7% |
| 132nd | Samoa | 0.06% | 102.9% |
| 133rd | Ireland | 0.09% | 130.2% |
| 134th | Bulgaria | 0.12% | -85.1% |
| 135th | Austria | 0.20% | 125.1% |
| 136th | Honduras | 0.20% | 148.3% |
| 137th | Thailand | 0.20% | 148.7% |
| 138th | Croatia | 0.24% | -70.6% |
| 139th | Cambodia | 0.28% | 136.4% |
| 140th | Canada | 0.36% | 421.4% |
| 141st | Equatorial Guinea | 0.52% | 120.2% |
| 142nd | Lithuania | 0.52% | 45.0% |
| 143rd | Sweden | 0.67% | -47.8% |
| 144th | Greece | 0.78% | -26.3% |
| 145th | Serbia | 0.78% | -40.9% |
| 146th | Denmark | 0.81% | -52.0% |
| 147th | Czechia | 0.88% | -39.6% |
| 148th | Slovenia | 0.90% | 1,559.3% |
| 149th | Iceland | 0.94% | -2.6% |
| 150th | Jamaica | 1.10% | 159.8% |
| 151st | New Zealand | 1.27% | -6.4% |
| 152nd | Switzerland | 1.29% | 14.2% |
| 153rd | Chad | 1.39% | 888.1% |
| 154th | Solomon Islands | 1.49% | 165.5% |
| 155th | Netherlands | 1.50% | 10.4% |
| 156th | Bosnia and Herzegovina | 1.63% | -8.8% |
| 157th | Afghanistan | 1.63% | 342.8% |
| 158th | Uzbekistan | 1.64% | 57.0% |
| 159th | St. Kitts and Nevis | 1.80% | 6.8% |
| 160th | Belarus | 1.81% | 635.6% |
| 161st | Malta | 1.86% | -45.4% |
| 162nd | Germany | 1.88% | 40.8% |
| 163rd | Angola | 2.03% | 135.3% |
| 164th | Qatar | 2.26% | 133.1% |
| 165th | Hong Kong SAR, China | 2.35% | -57.2% |
| 166th | Korea | 2.42% | 16.7% |
| 167th | Marshall Islands | 2.55% | -41.7% |
| 168th | Kazakhstan | 2.58% | 160.5% |
| 169th | Andorra | 2.67% | -20.0% |
| 170th | Liechtenstein | 2.82% | 3.0% |
| 171st | Mongolia | 2.85% | 176.8% |
| 172nd | Tonga | 2.92% | -18.4% |
| 173rd | Russian Federation | 2.92% | 299.0% |
| 174th | Luxembourg | 3.18% | 132.3% |
| 175th | Mauritania | 3.23% | 507.7% |
| 176th | United Arab Emirates | 3.65% | 2,398.1% |
| 177th | Singapore | 3.68% | -29.8% |
| 178th | Grenada | 4.92% | 63.0% |
| 179th | Kiribati | 5.18% | -84.8% |
| 180th | Congo, Republic of | 5.22% | 193.7% |
| 181st | Eritrea | 5.22% | 191.1% |
| 182nd | Azerbaijan | 5.43% | 504.5% |
| 183rd | Palau | 6.19% | 30.0% |
| 184th | Vanuatu | 6.26% | 621.3% |
| 185th | Iraq | 7.69% | 605.3% |
| 186th | Norway | 7.81% | 57.6% |
| 187th | Libya | 9.39% | 184.9% |
| 188th | Macao SAR, China | 13.33% | 0.4% |
| 189th | Kuwait | 17.52% | 14.9% |
| 190th | Micronesia, Federated States of | 24.68% | 70.4% |
| 191st | Nauru | 29.56% | 82.8% |
| 192nd | Tuvalu | 30.29% | 1,345.7% |
FAQ
What was Eritrea's budget deficit in 2018?▾
Eritrea's budget deficit in 2018 was 5.22%. This ranked 181st globally.
How did Eritrea's budget deficit change in 2018?▾
Eritrea's budget deficit increased by 191.1% in 2018 compared to 2017.
Which country had the highest budget deficit in 2018?▾
Tuvalu had the highest budget deficit in 2018 at 30.29%.
What is the budget deficit of Eritrea in 2018?▾
The budget deficit of Eritrea in 2018 was 5.22%. This ranked 181st globally.
How does 2018 compare to 2017 for Eritrea's budget deficit?▾
Eritrea's budget deficit went from -5.74% in 2017 to 5.22% in 2018, a 191.1% increase.
HistorySaid - pattern alert
Eritrea matched the Export Boom Cycle pattern in 2018. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2017
2019
All years
Full ranking 2018
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 1994
Lowest: 1999
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Central African Republic
vs Madagascar
vs Malawi
vs Burundi
African Union Budget Deficit
Global Ranking