Georgia - Budget Deficit 2008
-1.92%
−2.73% from 2007
Georgia's budget deficit was -1.92% in 2008, decreased +2.73% from 0.81% in 2007. This was the 72nd highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -37.98% | -91.6% |
| 2nd | Timor-Leste | -18.56% | 38.0% |
| 3rd | Tuvalu | -17.23% | 7.4% |
| 4th | Kiribati | -15.83% | -26.9% |
| 5th | Iceland | -12.02% | -317.8% |
| 6th | Belarus | -10.91% | -39.4% |
| 7th | Greece | -10.32% | -51.5% |
| 8th | Maldives | -9.93% | -214.3% |
| 9th | Lebanon | -9.86% | 9.8% |
| 10th | India | -9.17% | -100.0% |
| 11th | Botswana | -7.61% | -232.8% |
| 12th | Jamaica | -7.32% | -97.7% |
| 13th | Ireland | -7.03% | -2,723.5% |
| 14th | United States | -6.61% | -127.0% |
| 15th | Egypt, Arab Republic of | -6.05% | -23.5% |
| 16th | Pakistan | -5.94% | -40.2% |
| 17th | Sri Lanka | -5.93% | -2.1% |
| 18th | Ghana | -5.56% | -13.1% |
| 19th | Jordan | -5.38% | 1.4% |
| 20th | United Kingdom | -5.09% | -91.7% |
| 21st | Albania | -4.88% | -53.6% |
| 22nd | Antigua and Barbuda | -4.72% | 5.3% |
| 23rd | Romania | -4.61% | -51.2% |
| 24th | Spain | -4.56% | -342.2% |
| 25th | Yemen, Republic of | -4.53% | 36.9% |
| 26th | Mongolia | -4.52% | -271.3% |
| 27th | Iran, Islamic Republic of | -4.39% | -82.5% |
| 28th | Serbia | -4.26% | -430.5% |
| 29th | Barbados | -4.17% | 3.3% |
| 30th | Japan | -4.11% | -41.7% |
| 31st | Malta | -4.06% | -97.5% |
| 32nd | Afghanistan | -3.86% | -56.9% |
| 33rd | Bosnia and Herzegovina | -3.82% | -2,362.1% |
| 34th | Portugal | -3.81% | -30.9% |
| 35th | El Salvador | -3.80% | -63.5% |
| 36th | Angola | -3.80% | -198.5% |
| 37th | Hungary | -3.79% | 25.6% |
| 38th | Grenada | -3.72% | 37.1% |
| 39th | Burkina Faso | -3.63% | 27.7% |
| 40th | Poland | -3.60% | -91.3% |
| 41st | Senegal | -3.53% | -26.2% |
| 42nd | France | -3.50% | -17.1% |
| 43rd | Israel | -3.50% | -709.3% |
| 44th | Dominican Republic | -3.43% | -1,320.6% |
| 45th | Malaysia | -3.41% | -32.4% |
| 46th | Bangladesh | -3.37% | -80.5% |
| 47th | Mauritania | -3.32% | -140.3% |
| 48th | Latvia | -3.29% | -624.1% |
| 49th | Andorra | -3.19% | -12.9% |
| 50th | Ukraine | -3.14% | -59.6% |
| 51st | Lithuania | -3.09% | -278.4% |
| 52nd | Malawi | -2.92% | -14.4% |
| 53rd | Estonia | -2.92% | -216.7% |
| 54th | Syrian Arab Republic | -2.86% | 4.1% |
| 55th | Guyana | -2.78% | 17.2% |
| 56th | Myanmar | -2.73% | 22.5% |
| 57th | Burundi | -2.70% | -7.7% |
| 58th | Liberia | -2.70% | -218.7% |
| 59th | Mauritius | -2.63% | 10.0% |
| 60th | Italy | -2.58% | -94.9% |
| 61st | Bhutan | -2.57% | -423.6% |
| 62nd | Slovak Republic | -2.54% | -12.5% |
| 63rd | Brazil | -2.39% | 10.0% |
| 64th | Croatia | -2.34% | -2.5% |
| 65th | Montenegro | -2.30% | -127.2% |
| 66th | Sierra Leone | -2.22% | -117.6% |
| 67th | Türkiye | -2.13% | -55.7% |
| 68th | Czechia | -2.00% | -194.8% |
| 69th | Uganda | -2.00% | -144.8% |
| 70th | Mali | -1.97% | 29.2% |
| 71st | Kenya | -1.95% | -104.6% |
| 72nd | Georgia | -1.92% | -337.6% |
| 73rd | Tanzania | -1.92% | -32.8% |
| 74th | Mozambique | -1.90% | 13.4% |
| 75th | Lao PDR | -1.86% | -65.4% |
| 76th | Haiti | -1.80% | -16.4% |
| 77th | Armenia | -1.76% | 24.7% |
| 78th | Madagascar | -1.72% | 25.3% |
| 79th | Palau | -1.71% | 17.9% |
| 80th | Austria | -1.57% | -0.7% |
| 81st | Guatemala | -1.57% | -11.9% |
| 82nd | St. Kitts and Nevis | -1.57% | -52.3% |
| 83rd | Micronesia, Federated States of | -1.55% | 56.2% |
| 84th | Comoros | -1.46% | -24.2% |
| 85th | Slovenia | -1.44% | -1,771.4% |
| 86th | Cabo Verde | -1.42% | -64.0% |
| 87th | Uruguay | -1.31% | -731.2% |
| 88th | St. Vincent and the Grenadines | -1.29% | 57.9% |
| 89th | Central African Republic | -1.23% | -217.9% |
| 90th | Zimbabwe | -1.20% | 28.6% |
| 91st | Australia | -1.10% | -174.7% |
| 92nd | Belgium | -1.10% | -1,734.3% |
| 93rd | North Macedonia | -0.93% | -260.8% |
| 94th | Moldova | -0.87% | -688.5% |
| 95th | Iraq | -0.86% | -108.6% |
| 96th | Bahamas, The | -0.82% | -6.6% |
| 97th | Guinea-Bissau | -0.74% | 91.6% |
| 98th | St. Lucia | -0.72% | 54.8% |
| 99th | Mexico | -0.68% | 53.3% |
| 100th | Zambia | -0.67% | 35.6% |
| 101st | Tunisia | -0.62% | 74.9% |
| 102nd | Togo | -0.59% | 67.8% |
| 103rd | South Africa | -0.49% | -140.2% |
| 104th | Gambia, The | -0.45% | -265.1% |
| 105th | Viet Nam | -0.45% | 74.3% |
| 106th | Congo, Democratic Republic of | -0.41% | -136.8% |
| 107th | Samoa | -0.36% | -165.2% |
| 108th | Nepal | -0.29% | 56.6% |
| 109th | Honduras | -0.27% | -5.1% |
| 110th | Germany | -0.26% | -269.7% |
| 111th | Côte d'Ivoire | -0.21% | 46.0% |
| 112th | Netherlands | -0.06% | 64.2% |
| 113th | Vanuatu | -0.04% | -115.6% |
| 114th | Benin | -0.04% | -118.5% |
| 115th | China | -0.02% | -141.4% |
| 116th | Philippines | 0.02% | 105.6% |
| 117th | Colombia | 0.04% | 105.1% |
| 118th | Indonesia | 0.05% | 105.7% |
| 119th | San Marino | 0.18% | -90.4% |
| 120th | Costa Rica | 0.18% | -67.4% |
| 121st | Canada | 0.18% | -89.9% |
| 122nd | Hong Kong SAR, China | 0.25% | -96.6% |
| 123rd | Nicaragua | 0.27% | -85.8% |
| 124th | Argentina | 0.35% | -53.5% |
| 125th | Panama | 0.38% | -88.0% |
| 126th | Guinea | 0.39% | -69.9% |
| 127th | Cambodia | 0.43% | -31.0% |
| 128th | Sudan | 0.49% | 117.3% |
| 129th | Ecuador | 0.57% | -78.6% |
| 130th | Djibouti | 0.62% | 133.1% |
| 131st | Morocco | 0.63% | 639.7% |
| 132nd | Dominica | 0.70% | -61.1% |
| 133rd | Thailand | 0.80% | 264.1% |
| 134th | Rwanda | 0.83% | 153.1% |
| 135th | Cyprus | 0.87% | -73.2% |
| 136th | Niger | 1.11% | 248.7% |
| 137th | Kazakhstan | 1.23% | -76.1% |
| 138th | Belize | 1.25% | 770.1% |
| 139th | Aruba | 1.47% | 240.2% |
| 140th | New Zealand | 1.47% | -59.2% |
| 141st | Fiji | 1.56% | 336.7% |
| 142nd | Korea | 1.58% | -36.6% |
| 143rd | Eswatini | 1.58% | -33.2% |
| 144th | Sweden | 1.87% | -44.4% |
| 145th | Kyrgyz Republic | 1.92% | 50.7% |
| 146th | Switzerland | 1.94% | 22.9% |
| 147th | Solomon Islands | 1.94% | -87.3% |
| 148th | Tajikistan | 1.94% | -8.9% |
| 149th | Cameroon | 2.00% | -48.4% |
| 150th | Tonga | 2.14% | -60.3% |
| 151st | Paraguay | 2.29% | 79.9% |
| 152nd | Suriname | 2.39% | -52.3% |
| 153rd | Peru | 2.49% | -25.8% |
| 154th | Bulgaria | 2.73% | -11.5% |
| 155th | Papua New Guinea | 2.73% | -60.4% |
| 156th | Chad | 2.82% | 39.6% |
| 157th | Luxembourg | 3.37% | -22.7% |
| 158th | Denmark | 3.46% | -34.8% |
| 159th | Namibia | 3.48% | -42.1% |
| 160th | Bolivia, Plurinational State of | 3.53% | 329.1% |
| 161st | Singapore | 3.59% | -49.6% |
| 162nd | Marshall Islands | 3.68% | 1,285.0% |
| 163rd | Chile | 3.93% | -50.6% |
| 164th | Nigeria | 4.05% | 610.1% |
| 165th | Bahrain | 4.08% | 168.4% |
| 166th | Finland | 4.18% | -18.3% |
| 167th | Russian Federation | 4.55% | -18.5% |
| 168th | Trinidad and Tobago | 5.70% | 75.8% |
| 169th | Uzbekistan | 5.97% | 68.0% |
| 170th | Algeria | 7.79% | 68.2% |
| 171st | Seychelles | 7.88% | 179.4% |
| 172nd | Lesotho | 8.10% | -24.7% |
| 173rd | Qatar | 9.49% | -8.3% |
| 174th | Turkmenistan | 10.73% | 156.0% |
| 175th | Gabon | 10.99% | 36.4% |
| 176th | São Tomé and Principe | 13.65% | -89.1% |
| 177th | Equatorial Guinea | 14.61% | -14.8% |
| 178th | Oman | 14.66% | 39.7% |
| 179th | Azerbaijan | 17.19% | 635.7% |
| 180th | Macao SAR, China | 17.48% | 6.7% |
| 181st | United Arab Emirates | 17.64% | 3.0% |
| 182nd | Norway | 18.53% | 8.8% |
| 183rd | Kuwait | 21.35% | -42.4% |
| 184th | Congo, Republic of | 23.90% | 165.9% |
| 185th | Libya | 27.68% | -2.4% |
| 186th | Saudi Arabia | 29.80% | 152.9% |
| 187th | Brunei Darussalam | 36.14% | 1,058.7% |
FAQ
What was Georgia's budget deficit in 2008?▾
Georgia's budget deficit in 2008 was -1.92%. This ranked 72nd globally.
How did Georgia's budget deficit change in 2008?▾
Georgia's budget deficit decreased by 337.6% in 2008 compared to 2007.
Which country had the highest budget deficit in 2008?▾
Brunei Darussalam had the highest budget deficit in 2008 at 36.14%.
What is the budget deficit of Georgia in 2008?▾
The budget deficit of Georgia in 2008 was -1.92%. This ranked 72nd globally.
How does 2008 compare to 2007 for Georgia's budget deficit?▾
Georgia's budget deficit went from 0.81% in 2007 to -1.92% in 2008, a 337.6% decrease.
Related
2007
2009
All years
Full ranking 2008
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