Home Kiribati Budget Deficit 2003

Kiribati - Budget Deficit 2003

General government net lending/borrowing as % of GDP · IMF WEO
-8.93% −12.06% from 2002 Global rank: 7th

Kiribati's budget deficit was -8.93% in 2003, decreased +12.06% from 3.13% in 2002. This was the 7th highest globally.

Global Ranking - 2003
Budget Deficit by Country - 2003
RankCountryValueYoY
1st São Tomé and Principe -15.93% -52.8%
2nd Lebanon -13.97% 13.7%
3rd Burundi -13.70% -179.7%
4th India -11.43% -3.2%
5th Bhutan -10.21% -135.8%
6th Malta -9.04% -60.9%
7th Kiribati -8.93% -385.6%
8th Belize -8.41% -55.6%
9th Timor-Leste -8.24% -7.8%
10th Greece -8.05% -29.9%
11th Bolivia, Plurinational State of -7.88% 10.4%
12th Türkiye -7.55% 33.2%
13th Japan -7.43% -1.3%
14th Antigua and Barbuda -7.32% 17.1%
15th Hungary -7.19% 18.2%
16th Czechia -6.88% -8.4%
17th Belarus -6.74% 13.7%
18th Sri Lanka -6.15% 10.9%
19th Poland -6.00% -25.3%
20th Cyprus -5.91% -43.0%
21st Egypt, Arab Republic of -5.73% 15.4%
22nd Cambodia -5.69% 6.2%
23rd Portugal -5.66% -51.5%
24th St. Kitts and Nevis -5.66% 51.7%
25th Guinea-Bissau -5.63% -51.9%
26th Jamaica -5.42% 17.2%
27th Brazil -5.40% -30.2%
28th Zambia -5.31% -18.1%
29th Kyrgyz Republic -5.17% 12.4%
30th Honduras -5.09% -1.6%
31st Israel -5.03% 38.8%
32nd Croatia -5.03% -2.7%
33rd Albania -5.01% 19.4%
34th Uzbekistan -4.87% 22.9%
35th Guyana -4.81% -98.8%
36th United States -4.77% -24.9%
37th Guinea -4.66% -38.0%
38th Malaysia -4.60% -16.1%
39th Mauritius -4.56% 6.9%
40th Namibia -4.47% -224.7%
41st Chad -4.32% -5.8%
42nd Dominican Republic -4.24% -86.3%
43rd Myanmar -4.24% -5.8%
44th El Salvador -4.23% 23.1%
45th Yemen, Republic of -4.20% -656.9%
46th Djibouti -4.13% 9.4%
47th Angola -4.10% -82.7%
48th France -4.10% -29.0%
49th Montenegro -4.06% -181.5%
50th Congo, Democratic Republic of -3.92% -538.8%
51st Lao PDR -3.89% -36.3%
52nd Germany -3.83% 6.3%
53rd Morocco -3.75% 14.3%
54th Cabo Verde -3.63% 40.9%
55th Philippines -3.49% 5.8%
56th Fiji -3.46% 6.0%
57th Maldives -3.45% 13.2%
58th Costa Rica -3.43% 31.3%
59th Mongolia -3.38% 28.6%
60th Madagascar -3.32% 18.8%
61st Italy -3.23% -12.0%
62nd United Kingdom -3.22% -64.3%
63rd Netherlands -3.19% -43.1%
64th Palau -3.18% 74.9%
65th Hong Kong SAR, China -3.17% 33.5%
66th St. Lucia -3.17% -4.8%
67th Central African Republic -3.06% -157.4%
68th Barbados -3.02% 42.3%
69th Grenada -2.81% 79.8%
70th Sierra Leone -2.78% 8.1%
71st Iran, Islamic Republic of -2.76% 4.3%
72nd Syrian Arab Republic -2.70% -33.7%
73rd Colombia -2.70% 21.7%
74th Slovenia -2.66% -7.7%
75th Tunisia -2.64% -3.8%
76th Mozambique -2.64% 21.6%
77th Malawi -2.60% 41.8%
78th Viet Nam -2.56% -38.0%
79th Jordan -2.52% 43.3%
80th St. Vincent and the Grenadines -2.51% -25.3%
81st Guatemala -2.47% -139.2%
82nd Serbia -2.39% -2.4%
83rd China -2.36% 17.0%
84th Iceland -2.30% -2.1%
85th Romania -2.29% 11.9%
86th Slovak Republic -2.28% 72.7%
87th Panama -2.27% -135.9%
88th Mexico -2.24% -2.9%
89th Haiti -2.24% -24.2%
90th Uruguay -2.19% 31.1%
91st Niger -2.18% 1.7%
92nd Eswatini -2.11% 42.9%
93rd Afghanistan -2.10% -2,044.9%
94th Comoros -2.05% 4.7%
95th Ghana -1.99% 26.9%
96th Bangladesh -1.96% 15.1%
97th Belgium -1.86% -4,136.4%
98th Austria -1.84% -29.0%
99th Burkina Faso -1.79% 59.6%
100th Tanzania -1.78% -144.2%
101st Tajikistan -1.75% 27.3%
102nd Gambia, The -1.73% -3,035.6%
103rd Bahrain -1.70% 48.0%
104th Latvia -1.67% 35.6%
105th Bahamas, The -1.63% 2.3%
106th Peru -1.62% -15.5%
107th South Africa -1.59% -65.8%
108th Nigeria -1.56% -263.6%
109th Switzerland -1.36% 22.1%
110th Vanuatu -1.35% 62.9%
111th Lithuania -1.27% 31.8%
112th Côte d'Ivoire -1.26% -98.0%
113th Sweden -1.25% 14.5%
114th Rwanda -1.23% 39.3%
115th Mali -1.19% 61.6%
116th Indonesia -1.08% -87.0%
117th Benin -1.07% 67.8%
118th Uganda -0.97% 53.1%
119th Ukraine -0.89% 51.5%
120th Kenya -0.73% 43.8%
121st Georgia -0.55% -194.6%
122nd Senegal -0.52% -370.2%
123rd Samoa -0.51% 71.1%
124th Bosnia and Herzegovina -0.44% 85.2%
125th Chile -0.42% 64.5%
126th Spain -0.38% -18.3%
127th Nepal -0.34% 86.3%
128th Botswana -0.18% 95.6%
129th Canada -0.13% 45.7%
130th Pakistan -0.12% 95.5%
131st Suriname -0.11% 96.5%
132nd North Macedonia -0.07% 98.6%
133rd Paraguay -0.07% 96.5%
134th Bulgaria 0.00% 100.5%
135th Denmark 0.14% -44.8%
136th Papua New Guinea 0.19% 110.7%
137th Luxembourg 0.28% -86.4%
138th Ireland 0.35% 166.7%
139th Liberia 0.36% 122.6%
140th Congo, Republic of 0.37% 105.0%
141st Moldova 0.47% 139.9%
142nd Cameroon 0.56% -62.8%
143rd Singapore 0.68% -69.6%
144th Sudan 0.77% 212.1%
145th Dominica 0.85% 120.9%
146th Lesotho 0.89% 136.5%
147th Ecuador 1.05% 41.6%
148th Australia 1.05% 444.6%
149th Saudi Arabia 1.20% 120.3%
150th Nicaragua 1.30% -37.4%
151st Russian Federation 1.35% 100.6%
152nd Togo 1.44% 612.5%
153rd Argentina 1.50% 178.5%
154th Korea 1.51% -53.3%
155th Azerbaijan 1.61% -91.7%
156th Estonia 1.67% 468.3%
157th Andorra 1.76% 80.4%
158th Aruba 1.90% 159.8%
159th Trinidad and Tobago 1.90% 1,045.8%
160th Thailand 1.98% 129.4%
161st Finland 2.34% -41.1%
162nd United Arab Emirates 2.35% 290.0%
163rd Tonga 2.37% -8.5%
164th Micronesia, Federated States of 2.62% -63.7%
165th Seychelles 3.40% 120.9%
166th New Zealand 3.68% 44.4%
167th Turkmenistan 3.99% 2,055.1%
168th Kazakhstan 4.00% 107.7%
169th Macao SAR, China 4.80% 80.3%
170th Oman 5.92% 11.4%
171st Libya 6.17% -11.8%
172nd Eritrea 6.24% 146.9%
173rd Qatar 6.71% -15.0%
174th Norway 7.21% -20.2%
175th Algeria 7.22% 3,256.7%
176th Gabon 7.75% 108.2%
177th Brunei Darussalam 8.06% 274.7%
178th Equatorial Guinea 9.99% -43.2%
179th Marshall Islands 10.54% 105.9%
180th Solomon Islands 10.56% 342.8%
181st Kuwait 27.21% -12.3%

FAQ

What was Kiribati's budget deficit in 2003?

Kiribati's budget deficit in 2003 was -8.93%. This ranked 7th globally.

How did Kiribati's budget deficit change in 2003?

Kiribati's budget deficit decreased by 385.6% in 2003 compared to 2002.

Which country had the highest budget deficit in 2003?

Kuwait had the highest budget deficit in 2003 at 27.21%.

What is the budget deficit of Kiribati in 2003?

The budget deficit of Kiribati in 2003 was -8.93%. This ranked 7th globally.

How does 2003 compare to 2002 for Kiribati's budget deficit?

Kiribati's budget deficit went from 3.13% in 2002 to -8.93% in 2003, a 385.6% decrease.