Papua New Guinea - Budget Deficit 1999
-1.94%
−1.77% from 1998
Papua New Guinea's budget deficit was -1.94% in 1999, decreased +1.77% from -0.17% in 1998. This was the 75th highest globally.
Global Ranking - 1999▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -59.74% | -48.1% |
| 2nd | Brunei Darussalam | -18.26% | 23.9% |
| 3rd | Lebanon | -16.72% | 3.2% |
| 4th | Lesotho | -15.30% | -29.8% |
| 5th | Kyrgyz Republic | -13.53% | -13.0% |
| 6th | St. Kitts and Nevis | -11.12% | -116.8% |
| 7th | Croatia | -11.11% | -74.7% |
| 8th | Cabo Verde | -10.87% | -243.8% |
| 9th | Seychelles | -10.26% | 38.4% |
| 10th | Mongolia | -9.91% | 19.7% |
| 11th | Angola | -9.40% | -58.7% |
| 12th | Dominica | -9.18% | -53.2% |
| 13th | Thailand | -9.02% | -43.3% |
| 14th | Albania | -8.84% | 10.9% |
| 15th | India | -8.70% | 10.7% |
| 16th | Lithuania | -7.82% | -58.5% |
| 17th | Slovak Republic | -7.25% | -35.1% |
| 18th | Japan | -6.75% | 32.8% |
| 19th | Belize | -6.51% | -142.2% |
| 20th | Greece | -6.02% | 7.1% |
| 21st | Saudi Arabia | -5.99% | 32.5% |
| 22nd | Ghana | -5.64% | -7.1% |
| 23rd | Sri Lanka | -5.58% | 17.7% |
| 24th | Colombia | -5.37% | -38.9% |
| 25th | Burundi | -5.33% | -20.1% |
| 26th | Hungary | -5.27% | 28.9% |
| 27th | Djibouti | -5.20% | -44.7% |
| 28th | Micronesia, Federated States of | -5.18% | -58.3% |
| 29th | Suriname | -4.92% | 23.0% |
| 30th | Bahrain | -4.85% | 11.7% |
| 31st | Ecuador | -4.83% | 5.4% |
| 32nd | Congo, Republic of | -4.75% | 8.0% |
| 33rd | Georgia | -4.70% | -18.7% |
| 34th | Mexico | -4.49% | 0.0% |
| 35th | Myanmar | -4.46% | 8.8% |
| 36th | Rwanda | -4.41% | -70.3% |
| 37th | Qatar | -4.35% | 37.8% |
| 38th | Niger | -4.27% | -91.6% |
| 39th | Chad | -4.07% | -135.2% |
| 40th | Guinea-Bissau | -4.07% | 31.7% |
| 41st | Cyprus | -4.05% | -5.3% |
| 42nd | Tajikistan | -4.03% | 20.8% |
| 43rd | Bolivia, Plurinational State of | -3.84% | 24.8% |
| 44th | Cambodia | -3.79% | 29.2% |
| 45th | Argentina | -3.71% | -102.8% |
| 46th | Russian Federation | -3.59% | 51.7% |
| 47th | Romania | -3.58% | 32.8% |
| 48th | Latvia | -3.54% | -438.3% |
| 49th | Estonia | -3.42% | -627.8% |
| 50th | Jamaica | -3.41% | 40.4% |
| 51st | Burkina Faso | -3.29% | -26.5% |
| 52nd | El Salvador | -3.08% | -4.8% |
| 53rd | Czechia | -3.08% | 25.6% |
| 54th | Antigua and Barbuda | -3.08% | -89.9% |
| 55th | Pakistan | -3.07% | 31.2% |
| 56th | Tunisia | -3.05% | -7.5% |
| 57th | Slovenia | -3.04% | -27.1% |
| 58th | Maldives | -3.03% | -34.5% |
| 59th | Malaysia | -3.00% | -378.9% |
| 60th | Portugal | -2.99% | 30.6% |
| 61st | Guatemala | -2.96% | -29.3% |
| 62nd | Uzbekistan | -2.91% | 4.3% |
| 63rd | Costa Rica | -2.88% | 2.8% |
| 64th | Bosnia and Herzegovina | -2.78% | -184.5% |
| 65th | Uruguay | -2.76% | - |
| 66th | Jordan | -2.69% | 50.1% |
| 67th | Moldova | -2.64% | -73.4% |
| 68th | Austria | -2.63% | 2.0% |
| 69th | Madagascar | -2.42% | 54.4% |
| 70th | China | -2.30% | -113.4% |
| 71st | Poland | -2.29% | 45.9% |
| 72nd | Philippines | -2.29% | -74.8% |
| 73rd | Chile | -2.02% | -617.4% |
| 74th | St. Vincent and the Grenadines | -1.95% | -7.0% |
| 75th | Papua New Guinea | -1.94% | -1,073.3% |
| 76th | Namibia | -1.88% | 31.9% |
| 77th | Germany | -1.87% | 29.6% |
| 78th | Algeria | -1.83% | 48.0% |
| 79th | Kiribati | -1.81% | -112.4% |
| 80th | Italy | -1.78% | 40.6% |
| 81st | Togo | -1.76% | 46.0% |
| 82nd | Grenada | -1.70% | 28.9% |
| 83rd | Switzerland | -1.57% | -20.4% |
| 84th | France | -1.55% | 35.4% |
| 85th | Haiti | -1.54% | -831.8% |
| 86th | Syrian Arab Republic | -1.47% | 47.6% |
| 87th | Nigeria | -1.39% | 60.0% |
| 88th | Bangladesh | -1.35% | 38.6% |
| 89th | Congo, Democratic Republic of | -1.35% | 12.9% |
| 90th | Guinea | -1.30% | -152.8% |
| 91st | Bhutan | -1.28% | -200.3% |
| 92nd | Côte d'Ivoire | -1.27% | -81.9% |
| 93rd | Viet Nam | -1.25% | -1,158.6% |
| 94th | Spain | -1.24% | 52.8% |
| 95th | Uganda | -1.24% | -75.5% |
| 96th | Eswatini | -1.23% | -217.5% |
| 97th | Tanzania | -1.14% | -956.4% |
| 98th | New Zealand | -1.12% | -132.8% |
| 99th | Azerbaijan | -1.03% | -163.3% |
| 100th | Indonesia | -0.96% | 49.3% |
| 101st | Trinidad and Tobago | -0.90% | 50.6% |
| 102nd | Sudan | -0.80% | -42.6% |
| 103rd | Dominican Republic | -0.79% | -172.7% |
| 104th | Belgium | -0.65% | 36.8% |
| 105th | Panama | -0.65% | 41.8% |
| 106th | Senegal | -0.62% | -166.3% |
| 107th | Vanuatu | -0.55% | 91.7% |
| 108th | Iran, Islamic Republic of | -0.51% | 89.9% |
| 109th | Central African Republic | -0.50% | -49,700.0% |
| 110th | Guyana | -0.47% | 82.4% |
| 111th | Comoros | -0.46% | 77.2% |
| 112th | Solomon Islands | -0.32% | -106.4% |
| 113th | Mozambique | -0.31% | 70.8% |
| 114th | Equatorial Guinea | -0.19% | 97.5% |
| 115th | North Macedonia | 0.03% | 101.7% |
| 116th | Yemen, Republic of | 0.06% | 100.8% |
| 117th | Aruba | 0.09% | -24.6% |
| 118th | Bulgaria | 0.15% | -86.1% |
| 119th | Samoa | 0.27% | -83.3% |
| 120th | Netherlands | 0.28% | 121.2% |
| 121st | Oman | 0.30% | 106.9% |
| 122nd | Sweden | 0.60% | -27.3% |
| 123rd | Australia | 0.67% | 370.7% |
| 124th | United Kingdom | 0.76% | 456.8% |
| 125th | Hong Kong SAR, China | 0.76% | 142.3% |
| 126th | Kenya | 0.84% | 3,110.7% |
| 127th | Denmark | 1.06% | 476.0% |
| 128th | Gabon | 1.11% | 108.5% |
| 129th | Korea | 1.15% | 4.9% |
| 130th | Fiji | 1.17% | -78.4% |
| 131st | Iceland | 1.30% | 333.6% |
| 132nd | United Arab Emirates | 1.31% | 31.1% |
| 133rd | Honduras | 1.38% | -52.3% |
| 134th | Tonga | 1.55% | - |
| 135th | Finland | 1.60% | 3.8% |
| 136th | St. Lucia | 1.61% | -27.3% |
| 137th | Canada | 1.66% | 1,058.0% |
| 138th | Bahamas, The | 1.78% | 515.4% |
| 139th | Benin | 1.94% | -22.4% |
| 140th | Egypt, Arab Republic of | 2.14% | - |
| 141st | Turkmenistan | 2.48% | 115.8% |
| 142nd | Paraguay | 2.67% | -37.6% |
| 143rd | Morocco | 3.21% | 118.1% |
| 144th | Luxembourg | 3.24% | 8.7% |
| 145th | Ireland | 3.54% | 70.8% |
| 146th | Ukraine | 4.95% | 284.3% |
| 147th | Singapore | 5.20% | 115.6% |
| 148th | Barbados | 5.35% | -10.1% |
| 149th | Libya | 5.69% | 340.9% |
| 150th | Norway | 5.72% | 86.4% |
| 151st | Botswana | 5.95% | - |
| 152nd | Marshall Islands | 9.01% | -33.4% |
| 153rd | Kuwait | 28.15% | 44.4% |
FAQ
What was Papua New Guinea's budget deficit in 1999?▾
Papua New Guinea's budget deficit in 1999 was -1.94%. This ranked 75th globally.
How did Papua New Guinea's budget deficit change in 1999?▾
Papua New Guinea's budget deficit decreased by 1,073.3% in 1999 compared to 1998.
Which country had the highest budget deficit in 1999?▾
Kuwait had the highest budget deficit in 1999 at 28.15%.
What is the budget deficit of Papua New Guinea in 1999?▾
The budget deficit of Papua New Guinea in 1999 was -1.94%. This ranked 75th globally.
How does 1999 compare to 1998 for Papua New Guinea's budget deficit?▾
Papua New Guinea's budget deficit went from -0.17% in 1998 to -1.94% in 1999, a 1,073.3% decrease.
Related
1998
2000
All years
Full ranking 1999
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