Georgia - Budget Deficit 1998
-3.96%
+2.67% from 1997
Georgia's budget deficit was -3.96% in 1998, increased +2.67% from -6.63% in 1997. This was the 50th highest globally.
Global Ranking - 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -40.35% | -614.4% |
| 2nd | Brunei Darussalam | -24.00% | -103.5% |
| 3rd | Lebanon | -17.27% | 29.7% |
| 4th | Seychelles | -16.67% | -182.3% |
| 5th | Gabon | -13.11% | -1,032.0% |
| 6th | Mongolia | -12.34% | -52.4% |
| 7th | Kyrgyz Republic | -11.97% | -28.6% |
| 8th | Lesotho | -11.79% | -4,515.0% |
| 9th | Japan | -10.05% | -184.9% |
| 10th | Albania | -9.93% | 16.6% |
| 11th | India | -9.74% | -17.7% |
| 12th | Saudi Arabia | -8.88% | -254.2% |
| 13th | Yemen, Republic of | -7.77% | -417.4% |
| 14th | Equatorial Guinea | -7.65% | -338.1% |
| 15th | Russian Federation | -7.42% | - |
| 16th | Hungary | -7.41% | -33.8% |
| 17th | Qatar | -7.00% | 25.6% |
| 18th | Sri Lanka | -6.79% | -18.8% |
| 19th | Vanuatu | -6.65% | -1,210.8% |
| 20th | Greece | -6.49% | -3.8% |
| 21st | Suriname | -6.39% | -1,878.3% |
| 22nd | Croatia | -6.36% | -28.9% |
| 23rd | Thailand | -6.29% | -274.3% |
| 24th | Dominica | -5.99% | -167.4% |
| 25th | Guinea-Bissau | -5.95% | -132.9% |
| 26th | Angola | -5.92% | -2,102.2% |
| 27th | Jamaica | -5.73% | 10.3% |
| 28th | Bahrain | -5.49% | 14.0% |
| 29th | Jordan | -5.40% | -81.4% |
| 30th | Slovak Republic | -5.37% | 13.9% |
| 31st | Cambodia | -5.35% | -44.5% |
| 32nd | Romania | -5.33% | -2.7% |
| 33rd | Madagascar | -5.31% | -165.8% |
| 34th | Ghana | -5.27% | 14.2% |
| 35th | Congo, Republic of | -5.16% | -240.7% |
| 36th | St. Kitts and Nevis | -5.13% | -119.8% |
| 37th | Bolivia, Plurinational State of | -5.10% | -55.4% |
| 38th | Ecuador | -5.10% | -80.5% |
| 39th | Tajikistan | -5.09% | - |
| 40th | Iran, Islamic Republic of | -5.03% | -177.8% |
| 41st | Lithuania | -4.93% | -548.2% |
| 42nd | Myanmar | -4.89% | - |
| 43rd | Mexico | -4.49% | -29.2% |
| 44th | Pakistan | -4.46% | -15.4% |
| 45th | Burundi | -4.43% | 1.0% |
| 46th | Oman | -4.37% | -191.6% |
| 47th | Portugal | -4.30% | -17.8% |
| 48th | Poland | -4.24% | 7.7% |
| 49th | Czechia | -4.14% | -32.0% |
| 50th | Georgia | -3.96% | 40.2% |
| 51st | Colombia | -3.86% | -19.7% |
| 52nd | Cyprus | -3.85% | 20.1% |
| 53rd | Djibouti | -3.59% | -25.7% |
| 54th | Algeria | -3.52% | -260.6% |
| 55th | Nigeria | -3.47% | -405.8% |
| 56th | Micronesia, Federated States of | -3.27% | -224.7% |
| 57th | Togo | -3.25% | -230.7% |
| 58th | Cabo Verde | -3.16% | 68.9% |
| 59th | Uzbekistan | -3.04% | -48.3% |
| 60th | Italy | -2.99% | -0.2% |
| 61st | Costa Rica | -2.97% | 12.5% |
| 62nd | El Salvador | -2.94% | -49.1% |
| 63rd | Tunisia | -2.84% | 23.4% |
| 64th | Syrian Arab Republic | -2.81% | -57.9% |
| 65th | Namibia | -2.76% | -15.9% |
| 66th | Belize | -2.69% | -48.8% |
| 67th | Ukraine | -2.69% | 50.0% |
| 68th | Austria | -2.68% | -12.5% |
| 69th | Guyana | -2.67% | -57.2% |
| 70th | Germany | -2.65% | 12.5% |
| 71st | Spain | -2.63% | 31.9% |
| 72nd | Burkina Faso | -2.60% | 1.7% |
| 73rd | Rwanda | -2.59% | -16.7% |
| 74th | Grenada | -2.39% | 51.5% |
| 75th | Slovenia | -2.39% | -1.1% |
| 76th | France | -2.39% | 35.5% |
| 77th | Libya | -2.36% | -12.3% |
| 78th | Guatemala | -2.29% | -190.0% |
| 79th | Maldives | -2.25% | -54.1% |
| 80th | Niger | -2.23% | 6.5% |
| 81st | Bangladesh | -2.20% | -13.2% |
| 82nd | Comoros | -2.00% | -54.1% |
| 83rd | Indonesia | -1.89% | -83.1% |
| 84th | Trinidad and Tobago | -1.83% | -1,703.5% |
| 85th | Argentina | -1.83% | 0.6% |
| 86th | St. Vincent and the Grenadines | -1.82% | 35.2% |
| 87th | Hong Kong SAR, China | -1.80% | -128.5% |
| 88th | Chad | -1.73% | 32.9% |
| 89th | Antigua and Barbuda | -1.62% | -0.6% |
| 90th | North Macedonia | -1.59% | -352.8% |
| 91st | Congo, Democratic Republic of | -1.55% | -46.6% |
| 92nd | Moldova | -1.52% | 79.6% |
| 93rd | Netherlands | -1.34% | 16.6% |
| 94th | Philippines | -1.31% | -456.7% |
| 95th | Switzerland | -1.31% | 44.0% |
| 96th | Panama | -1.11% | -189.5% |
| 97th | China | -1.08% | -48.2% |
| 98th | Mozambique | -1.08% | 40.6% |
| 99th | Belgium | -1.03% | 52.3% |
| 100th | Bosnia and Herzegovina | -0.98% | - |
| 101st | Uganda | -0.71% | 15.0% |
| 102nd | Côte d'Ivoire | -0.70% | 6.9% |
| 103rd | Latvia | -0.66% | - |
| 104th | Malaysia | -0.63% | -113.0% |
| 105th | Sudan | -0.56% | 4.9% |
| 106th | Iceland | -0.56% | -1,565.8% |
| 107th | New Zealand | -0.48% | -138.8% |
| 108th | Bahamas, The | -0.43% | 73.3% |
| 109th | Dominican Republic | -0.29% | 54.9% |
| 110th | Denmark | -0.28% | 76.8% |
| 111th | Australia | -0.25% | 50.1% |
| 112th | United Kingdom | -0.21% | 89.4% |
| 113th | Papua New Guinea | -0.17% | -124.5% |
| 114th | Viet Nam | -0.10% | - |
| 115th | Kenya | -0.03% | 96.9% |
| 116th | Central African Republic | 0.00% | 100.1% |
| 117th | Aruba | 0.11% | 105.4% |
| 118th | Tanzania | 0.13% | 611.5% |
| 119th | Canada | 0.14% | 266.7% |
| 120th | Haiti | 0.21% | -43.4% |
| 121st | Chile | 0.39% | -80.9% |
| 122nd | Estonia | 0.65% | -78.2% |
| 123rd | Sweden | 0.82% | 152.4% |
| 124th | Senegal | 0.93% | -5.4% |
| 125th | United Arab Emirates | 1.00% | -85.2% |
| 126th | Eswatini | 1.05% | -49.0% |
| 127th | Bulgaria | 1.08% | - |
| 128th | Korea | 1.09% | -52.9% |
| 129th | Turkmenistan | 1.15% | 663.7% |
| 130th | Bhutan | 1.28% | 166.6% |
| 131st | Morocco | 1.47% | -1.9% |
| 132nd | Finland | 1.54% | 216.0% |
| 133rd | Azerbaijan | 1.63% | 274.1% |
| 134th | Samoa | 1.64% | -14.8% |
| 135th | Ireland | 2.07% | 50.8% |
| 136th | St. Lucia | 2.22% | 301.5% |
| 137th | Singapore | 2.41% | -57.4% |
| 138th | Guinea | 2.46% | 3,628.8% |
| 139th | Benin | 2.50% | 291.3% |
| 140th | Honduras | 2.89% | 3,516.3% |
| 141st | Luxembourg | 2.98% | 12.4% |
| 142nd | Norway | 3.07% | -58.3% |
| 143rd | Paraguay | 4.28% | 42.4% |
| 144th | Solomon Islands | 5.04% | 136.0% |
| 145th | Fiji | 5.40% | 219.8% |
| 146th | Barbados | 5.95% | 9.3% |
| 147th | Marshall Islands | 13.53% | 71.1% |
| 148th | Kiribati | 14.58% | 146.4% |
| 149th | Kuwait | 19.49% | -33.9% |
FAQ
What was Georgia's budget deficit in 1998?▾
Georgia's budget deficit in 1998 was -3.96%. This ranked 50th globally.
How did Georgia's budget deficit change in 1998?▾
Georgia's budget deficit increased by 40.2% in 1998 compared to 1997.
Which country had the highest budget deficit in 1998?▾
Kuwait had the highest budget deficit in 1998 at 19.49%.
What is the budget deficit of Georgia in 1998?▾
The budget deficit of Georgia in 1998 was -3.96%. This ranked 50th globally.
How does 1998 compare to 1997 for Georgia's budget deficit?▾
Georgia's budget deficit went from -6.63% in 1997 to -3.96% in 1998, a 40.2% increase.
Related
1997
1999
All years
Full ranking 1998
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2004
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Dominica
vs North Macedonia
vs Brazil
vs Bosnia and Herzegovina
Global Ranking