Home Kiribati Budget Deficit 1998

Kiribati - Budget Deficit 1998

General government net lending/borrowing as % of GDP · IMF WEO
14.58% +8.66% from 1997 Global rank: 148th

Kiribati's budget deficit was 14.58% in 1998, increased +8.66% from 5.92% in 1997. This was the 148th highest globally.

Global Ranking - 1998
Budget Deficit by Country - 1998
RankCountryValueYoY
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 Kiribati's budget deficit in 1998?

Kiribati's budget deficit in 1998 was 14.58%. This ranked 148th globally.

How did Kiribati's budget deficit change in 1998?

Kiribati's budget deficit increased by 146.4% 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 Kiribati in 1998?

The budget deficit of Kiribati in 1998 was 14.58%. This ranked 148th globally.

How does 1998 compare to 1997 for Kiribati's budget deficit?

Kiribati's budget deficit went from 5.92% in 1997 to 14.58% in 1998, a 146.4% increase.