Papua New Guinea - Budget Deficit 1993
-4.91%
−0.57% from 1992
Papua New Guinea's budget deficit was -4.91% in 1993, decreased +0.57% from -4.33% in 1992. This was the 42nd highest globally.
Global Ranking - 1993▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Equatorial Guinea | -217.94% | 60.9% |
| 2nd | Maldives | -13.89% | -10.2% |
| 3rd | Mongolia | -13.34% | -64.7% |
| 4th | Samoa | -13.17% | -33.2% |
| 5th | Yemen, Republic of | -12.80% | -17.3% |
| 6th | Brunei Darussalam | -12.77% | -54.2% |
| 7th | Uzbekistan | -11.95% | -267.1% |
| 8th | Greece | -11.45% | -7.6% |
| 9th | Congo, Republic of | -11.31% | 10.9% |
| 10th | Sweden | -10.88% | -27.7% |
| 11th | Italy | -9.76% | 3.3% |
| 12th | Qatar | -9.53% | -248.2% |
| 13th | Saudi Arabia | -9.33% | -14.9% |
| 14th | Canada | -8.94% | 2.9% |
| 15th | Kenya | -8.58% | -3.6% |
| 16th | India | -8.57% | -8.6% |
| 17th | Togo | -8.46% | -272.3% |
| 18th | Finland | -8.09% | -65.8% |
| 19th | Portugal | -8.06% | -55.1% |
| 20th | Sudan | -8.04% | 67.2% |
| 21st | Algeria | -7.79% | -643.3% |
| 22nd | Belgium | -7.71% | 8.5% |
| 23rd | Lebanon | -7.19% | 70.0% |
| 24th | Djibouti | -7.10% | -15.8% |
| 25th | Spain | -6.89% | -61.5% |
| 26th | Oman | -6.84% | -40.9% |
| 27th | United Kingdom | -6.62% | -22.5% |
| 28th | Rwanda | -6.60% | 8.4% |
| 29th | France | -6.40% | -37.8% |
| 30th | Madagascar | -6.34% | -26.7% |
| 31st | Bolivia, Plurinational State of | -6.10% | -38.6% |
| 32nd | Nigeria | -6.08% | -744.9% |
| 33rd | Sri Lanka | -5.78% | -16.6% |
| 34th | Libya | -5.77% | -5,547.2% |
| 35th | Central African Republic | -5.66% | 22.7% |
| 36th | Pakistan | -5.53% | - |
| 37th | Ghana | -5.39% | -19.7% |
| 38th | Gabon | -5.35% | -9.3% |
| 39th | Honduras | -5.21% | -249.6% |
| 40th | Iran, Islamic Republic of | -5.15% | -500.5% |
| 41st | Syrian Arab Republic | -4.96% | 31.6% |
| 42nd | Papua New Guinea | -4.91% | -13.2% |
| 43rd | Australia | -4.73% | 0.4% |
| 44th | Suriname | -4.68% | 27.5% |
| 45th | Austria | -4.57% | -112.6% |
| 46th | Iceland | -4.36% | -133.8% |
| 47th | Burkina Faso | -3.81% | -51.9% |
| 48th | Denmark | -3.73% | -43.4% |
| 49th | Vanuatu | -3.67% | -57.9% |
| 50th | Seychelles | -3.62% | -156.2% |
| 51st | Tunisia | -3.22% | 6.7% |
| 52nd | Eswatini | -3.15% | -14.3% |
| 53rd | Switzerland | -3.15% | -6.2% |
| 54th | Netherlands | -3.14% | -0.4% |
| 55th | Kuwait | -3.12% | 88.9% |
| 56th | Germany | -3.11% | -18.2% |
| 57th | United Arab Emirates | -2.89% | -186.5% |
| 58th | Bahrain | -2.77% | 48.8% |
| 59th | Namibia | -2.73% | -7.1% |
| 60th | Croatia | -2.67% | 53.1% |
| 61st | Mozambique | -2.53% | -36.8% |
| 62nd | Antigua and Barbuda | -2.45% | -201.1% |
| 63rd | Japan | -2.39% | -516.6% |
| 64th | Guinea | -2.33% | -161.7% |
| 65th | Jordan | -2.14% | -214.4% |
| 66th | Tanzania | -2.02% | 59.2% |
| 67th | Morocco | -2.00% | -8.5% |
| 68th | Fiji | -1.90% | 15.4% |
| 69th | Norway | -1.64% | 20.5% |
| 70th | New Zealand | -1.53% | 75.7% |
| 71st | Costa Rica | -1.52% | -0.6% |
| 72nd | Mexico | -1.51% | -167.0% |
| 73rd | St. Vincent and the Grenadines | -1.50% | 54.9% |
| 74th | El Salvador | -1.42% | 67.0% |
| 75th | Dominica | -1.41% | 36.6% |
| 76th | Burundi | -1.22% | 70.7% |
| 77th | Bahamas, The | -1.05% | 52.9% |
| 78th | China | -0.89% | 27.0% |
| 79th | Indonesia | -0.59% | - |
| 80th | Benin | -0.57% | 79.2% |
| 81st | Romania | -0.35% | 92.3% |
| 82nd | Guinea-Bissau | -0.34% | -34.1% |
| 83rd | St. Lucia | -0.25% | 61.5% |
| 84th | Colombia | -0.24% | -258.2% |
| 85th | Grenada | -0.16% | 89.2% |
| 86th | Argentina | -0.02% | - |
| 87th | Trinidad and Tobago | 0.24% | 108.6% |
| 88th | St. Kitts and Nevis | 0.24% | -51.0% |
| 89th | Bangladesh | 0.43% | 19.7% |
| 90th | Philippines | 0.63% | 244.9% |
| 91st | Comoros | 1.27% | 164.0% |
| 92nd | Chile | 1.42% | -32.9% |
| 93rd | Hong Kong SAR, China | 1.99% | -24.2% |
| 94th | Jamaica | 2.37% | -16.5% |
| 95th | Solomon Islands | 2.45% | -40.6% |
| 96th | Malaysia | 3.44% | 90.6% |
| 97th | Eritrea | 4.22% | -38.4% |
| 98th | Paraguay | 4.27% | 37.7% |
| 99th | Singapore | 4.36% | 61.3% |
| 100th | Bhutan | 4.71% | 235.6% |
| 101st | Kiribati | 6.27% | 694.3% |
| 102nd | Lesotho | 7.55% | 62.3% |
FAQ
What was Papua New Guinea's budget deficit in 1993?▾
Papua New Guinea's budget deficit in 1993 was -4.91%. This ranked 42nd globally.
How did Papua New Guinea's budget deficit change in 1993?▾
Papua New Guinea's budget deficit decreased by 13.2% in 1993 compared to 1992.
Which country had the highest budget deficit in 1993?▾
Lesotho had the highest budget deficit in 1993 at 7.55%.
What is the budget deficit of Papua New Guinea in 1993?▾
The budget deficit of Papua New Guinea in 1993 was -4.91%. This ranked 42nd globally.
How does 1993 compare to 1992 for Papua New Guinea's budget deficit?▾
Papua New Guinea's budget deficit went from -4.33% in 1992 to -4.91% in 1993, a 13.2% decrease.
Related
1992
1994
All years
Full ranking 1993
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
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Lowest ever
Average
vs Kenya
vs Mauritania
vs West Bank and Gaza
vs Kiribati
Global Ranking