Eritrea - Budget Deficit 2019
2.72%
−2.51% from 2018
Eritrea's budget deficit was 2.72% in 2019, decreased +2.51% from 5.22% in 2018. This was the 176th 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 Eritrea's budget deficit in 2019?▾
Eritrea's budget deficit in 2019 was 2.72%. This ranked 176th globally.
How did Eritrea's budget deficit change in 2019?▾
Eritrea's budget deficit decreased by 48.0% 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 Eritrea in 2019?▾
The budget deficit of Eritrea in 2019 was 2.72%. This ranked 176th globally.
How does 2019 compare to 2018 for Eritrea's budget deficit?▾
Eritrea's budget deficit went from 5.22% in 2018 to 2.72% in 2019, a 48.0% decrease.
HistorySaid - pattern alert
Eritrea matched the Export Boom Cycle pattern in 2019. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2018
All years
Full ranking 2019
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