Papua New Guinea - Budget Deficit 1989
0.34%
+0.03% from 1988
Papua New Guinea's budget deficit was 0.34% in 1989, increased +0.03% from 0.31% in 1988. This was the 35th highest globally.
Global Ranking - 1989▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Equatorial Guinea | -76.17% | 63.5% |
| 2nd | Solomon Islands | -15.33% | 8.5% |
| 3rd | Greece | -11.90% | -23.6% |
| 4th | Mongolia | -11.77% | 18.0% |
| 5th | Italy | -10.95% | -3.5% |
| 6th | Bhutan | -10.14% | -862.1% |
| 7th | Belgium | -7.82% | -4.2% |
| 8th | India | -7.68% | -9.5% |
| 9th | Jordan | -6.89% | 47.1% |
| 10th | Bolivia, Plurinational State of | -5.50% | 15.4% |
| 11th | Netherlands | -5.09% | -16.9% |
| 12th | Canada | -4.72% | -4.6% |
| 13th | Brunei Darussalam | -4.69% | -52.8% |
| 14th | Trinidad and Tobago | -4.46% | 52.2% |
| 15th | Bangladesh | -4.31% | -4.1% |
| 16th | Iceland | -4.29% | -122.3% |
| 17th | Mozambique | -4.23% | 34.6% |
| 18th | Portugal | -3.48% | 19.3% |
| 19th | Madagascar | -3.35% | -484.8% |
| 20th | Central African Republic | -3.25% | 12.8% |
| 21st | Austria | -3.04% | 9.8% |
| 22nd | St. Kitts and Nevis | -2.99% | 60.1% |
| 23rd | Spain | -2.99% | 12.1% |
| 24th | Kenya | -2.39% | -21.5% |
| 25th | Togo | -2.18% | - |
| 26th | New Zealand | -2.16% | -14.8% |
| 27th | St. Vincent and the Grenadines | -1.92% | -426.5% |
| 28th | France | -1.80% | 29.9% |
| 29th | Philippines | -1.64% | - |
| 30th | Colombia | -1.45% | -61.7% |
| 31st | Denmark | -1.35% | -1,381.3% |
| 32nd | Comoros | -1.32% | 51.1% |
| 33rd | China | -0.91% | 5.3% |
| 34th | Ghana | -0.81% | 24.5% |
| 35th | Papua New Guinea | 0.34% | 8.7% |
| 36th | United Kingdom | 0.48% | 92.7% |
| 37th | Switzerland | 0.77% | -15.9% |
| 38th | Congo, Republic of | 0.78% | - |
| 39th | Benin | 0.89% | - |
| 40th | St. Lucia | 0.89% | -55.8% |
| 41st | Australia | 0.93% | 93.9% |
| 42nd | Japan | 1.23% | 148.7% |
| 43rd | Norway | 1.55% | -34.5% |
| 44th | Burkina Faso | 1.97% | 145.5% |
| 45th | Hong Kong SAR, China | 2.01% | -39.3% |
| 46th | Sweden | 3.57% | -1.6% |
| 47th | Lesotho | 3.88% | 307.2% |
| 48th | Paraguay | 5.48% | 82.2% |
| 49th | Eswatini | 5.82% | 80.3% |
| 50th | Finland | 7.14% | 46.5% |
| 51st | Seychelles | 8.26% | -30.1% |
| 52nd | Kuwait | 29.95% | 8.1% |
FAQ
What was Papua New Guinea's budget deficit in 1989?▾
Papua New Guinea's budget deficit in 1989 was 0.34%. This ranked 35th globally.
How did Papua New Guinea's budget deficit change in 1989?▾
Papua New Guinea's budget deficit increased by 8.7% in 1989 compared to 1988.
Which country had the highest budget deficit in 1989?▾
Kuwait had the highest budget deficit in 1989 at 29.95%.
What is the budget deficit of Papua New Guinea in 1989?▾
The budget deficit of Papua New Guinea in 1989 was 0.34%. This ranked 35th globally.
How does 1989 compare to 1988 for Papua New Guinea's budget deficit?▾
Papua New Guinea's budget deficit went from 0.31% in 1988 to 0.34% in 1989, a 8.7% increase.
Related
1988
1990
All years
Full ranking 1989
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2007
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking