Papua New Guinea - Budget Deficit 2015
-4.55%
+1.72% from 2014
Papua New Guinea's budget deficit was -4.55% in 2015, increased +1.72% from -6.27% in 2014. This was the 57th highest globally.
Global Ranking - 2015▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -33.21% | 11.5% |
| 2nd | Libya | -28.49% | 6.6% |
| 3rd | Congo, Republic of | -17.81% | -65.9% |
| 4th | Bahrain | -17.46% | -426.1% |
| 5th | South Sudan | -16.42% | -81.1% |
| 6th | Djibouti | -15.54% | -124.7% |
| 7th | Equatorial Guinea | -15.10% | -100.2% |
| 8th | Saudi Arabia | -14.94% | -339.1% |
| 9th | Brunei Darussalam | -14.52% | -506.1% |
| 10th | Algeria | -13.88% | -94.2% |
| 11th | Oman | -13.47% | -754.4% |
| 12th | Iraq | -12.83% | -127.8% |
| 13th | Egypt, Arab Republic of | -10.37% | 3.3% |
| 14th | Brazil | -9.28% | -47.9% |
| 15th | Zambia | -8.88% | -63.4% |
| 16th | Yemen, Republic of | -8.75% | -111.6% |
| 17th | Vanuatu | -8.66% | -703.7% |
| 18th | Namibia | -8.30% | -28.8% |
| 19th | Suriname | -8.29% | -212.9% |
| 20th | Barbados | -8.15% | -23.6% |
| 21st | São Tomé and Principe | -7.60% | -21.1% |
| 22nd | Burundi | -7.56% | -92.4% |
| 23rd | Lebanon | -7.48% | -20.4% |
| 24th | Trinidad and Tobago | -7.37% | -70.0% |
| 25th | India | -7.21% | -1.9% |
| 26th | Jordan | -7.10% | 54.2% |
| 27th | Togo | -7.04% | 1.1% |
| 28th | Bolivia, Plurinational State of | -6.94% | -103.4% |
| 29th | Ecuador | -6.87% | 15.3% |
| 30th | Niger | -6.75% | -10.2% |
| 31st | Kenya | -6.68% | -16.1% |
| 32nd | Sri Lanka | -6.64% | -10.8% |
| 33rd | Mozambique | -6.56% | 32.8% |
| 34th | Guinea | -6.53% | -116.7% |
| 35th | Maldives | -6.52% | -169.5% |
| 36th | United Arab Emirates | -6.35% | -464.5% |
| 37th | Kazakhstan | -6.26% | -352.2% |
| 38th | Montenegro | -6.03% | -760.9% |
| 39th | Argentina | -6.00% | -41.1% |
| 40th | Eswatini | -5.88% | -405.4% |
| 41st | Lao PDR | -5.57% | -77.8% |
| 42nd | Benin | -5.55% | -236.3% |
| 43rd | Costa Rica | -5.52% | -1.2% |
| 44th | Gambia, The | -5.38% | -36.5% |
| 45th | Spain | -5.27% | 13.3% |
| 46th | Belize | -5.14% | -198.3% |
| 47th | Mongolia | -5.04% | -35.4% |
| 48th | Viet Nam | -4.98% | 0.7% |
| 49th | Tunisia | -4.95% | -58.9% |
| 50th | Armenia | -4.84% | -148.9% |
| 51st | Azerbaijan | -4.83% | -276.3% |
| 52nd | Botswana | -4.82% | -223.7% |
| 53rd | Pakistan | -4.74% | -8.5% |
| 54th | West Bank and Gaza | -4.66% | -83.0% |
| 55th | United Kingdom | -4.59% | 16.9% |
| 56th | Morocco | -4.59% | 3.9% |
| 57th | Papua New Guinea | -4.55% | 27.4% |
| 58th | Portugal | -4.37% | 40.2% |
| 59th | South Africa | -4.37% | -11.4% |
| 60th | Myanmar | -4.33% | -306.2% |
| 61st | Albania | -4.32% | 20.9% |
| 62nd | Cameroon | -4.25% | -3.9% |
| 63rd | Malawi | -4.17% | -35.2% |
| 64th | Cabo Verde | -4.16% | 40.0% |
| 65th | Ghana | -4.01% | 48.7% |
| 66th | Fiji | -3.91% | -12.1% |
| 67th | France | -3.89% | 15.0% |
| 68th | Sudan | -3.87% | 18.0% |
| 69th | Mexico | -3.86% | 11.7% |
| 70th | Samoa | -3.79% | 29.6% |
| 71st | Liberia | -3.74% | 24.0% |
| 72nd | Japan | -3.68% | 34.5% |
| 73rd | Senegal | -3.66% | 6.0% |
| 74th | El Salvador | -3.63% | 9.6% |
| 75th | United States | -3.53% | 12.3% |
| 76th | Croatia | -3.53% | 32.1% |
| 77th | Colombia | -3.52% | -101.8% |
| 78th | Mauritius | -3.48% | -13.9% |
| 79th | North Macedonia | -3.48% | 17.2% |
| 80th | Russian Federation | -3.39% | -216.4% |
| 81st | Bahamas, The | -3.34% | 26.0% |
| 82nd | San Marino | -3.32% | -412.4% |
| 83rd | Chad | -3.29% | -2.2% |
| 84th | Bangladesh | -3.29% | -25.6% |
| 85th | Serbia | -3.25% | 42.1% |
| 86th | Tanzania | -3.17% | -8.9% |
| 87th | Guinea-Bissau | -3.16% | -29.8% |
| 88th | Greece | -3.03% | 29.4% |
| 89th | Belarus | -2.96% | -3,321.7% |
| 90th | Sierra Leone | -2.87% | -3.5% |
| 91st | Madagascar | -2.85% | -45.3% |
| 92nd | Slovenia | -2.84% | 37.3% |
| 93rd | Australia | -2.79% | 4.5% |
| 94th | Slovak Republic | -2.78% | 14.3% |
| 95th | Bulgaria | -2.78% | 24.0% |
| 96th | Eritrea | -2.77% | -2,167.2% |
| 97th | Tonga | -2.75% | -143.1% |
| 98th | Indonesia | -2.72% | -50.9% |
| 99th | Nigeria | -2.70% | -56.3% |
| 100th | Rwanda | -2.68% | 31.5% |
| 101st | Poland | -2.60% | 29.1% |
| 102nd | Uganda | -2.59% | 5.3% |
| 103rd | Angola | -2.58% | 49.2% |
| 104th | Malaysia | -2.55% | 3.1% |
| 105th | Kyrgyz Republic | -2.52% | 18.0% |
| 106th | China | -2.50% | -272.0% |
| 107th | Belgium | -2.48% | 22.0% |
| 108th | Italy | -2.46% | 12.8% |
| 109th | Mauritania | -2.44% | 7.5% |
| 110th | Finland | -2.43% | 19.0% |
| 111th | Antigua and Barbuda | -2.42% | 7.0% |
| 112th | St. Lucia | -2.33% | 23.7% |
| 113th | Panama | -2.30% | 28.5% |
| 114th | Puerto Rico (US) | -2.12% | 31.1% |
| 115th | Burkina Faso | -2.09% | -20.3% |
| 116th | Chile | -2.09% | -39.6% |
| 117th | Côte d'Ivoire | -2.04% | -30.2% |
| 118th | Peru | -2.02% | -974.5% |
| 119th | St. Vincent and the Grenadines | -2.01% | 28.6% |
| 120th | Hungary | -2.00% | 27.8% |
| 121st | Ireland | -1.97% | 43.9% |
| 122nd | Tajikistan | -1.96% | -312.9% |
| 123rd | Moldova | -1.93% | -20.4% |
| 124th | Uruguay | -1.86% | 28.6% |
| 125th | Netherlands | -1.84% | 15.6% |
| 126th | Mali | -1.82% | 36.9% |
| 127th | Nicaragua | -1.64% | -83.3% |
| 128th | Latvia | -1.57% | 9.8% |
| 129th | Aruba | -1.48% | 80.2% |
| 130th | Guatemala | -1.47% | 23.4% |
| 131st | Haiti | -1.47% | 59.6% |
| 132nd | Zimbabwe | -1.45% | -104.8% |
| 133rd | Lesotho | -1.38% | -143.7% |
| 134th | Afghanistan | -1.38% | 19.8% |
| 135th | Congo, Democratic Republic of | -1.35% | -136.3% |
| 136th | Romania | -1.35% | 23.4% |
| 137th | Iran, Islamic Republic of | -1.30% | -43.2% |
| 138th | Israel | -1.21% | 47.2% |
| 139th | Georgia | -1.16% | 34.6% |
| 140th | Ukraine | -1.16% | 74.0% |
| 141st | Gabon | -1.12% | -118.7% |
| 142nd | Denmark | -0.90% | -162.7% |
| 143rd | Malta | -0.84% | 43.6% |
| 144th | Grenada | -0.80% | 80.9% |
| 145th | Honduras | -0.78% | 72.2% |
| 146th | Cyprus | -0.77% | 91.3% |
| 147th | Lithuania | -0.77% | 57.2% |
| 148th | Guyana | -0.75% | 80.7% |
| 149th | Turkmenistan | -0.70% | -178.7% |
| 150th | Czechia | -0.67% | 68.2% |
| 151st | Cambodia | -0.65% | 48.0% |
| 152nd | Central African Republic | -0.54% | 82.3% |
| 153rd | Türkiye | -0.51% | 46.8% |
| 154th | Bhutan | -0.49% | -120.0% |
| 155th | Austria | -0.48% | 75.2% |
| 156th | Paraguay | -0.44% | -61.3% |
| 157th | Iceland | -0.39% | -233.9% |
| 158th | Uzbekistan | -0.28% | -114.6% |
| 159th | Jamaica | -0.28% | 43.1% |
| 160th | Sweden | -0.27% | 85.2% |
| 161st | Estonia | -0.24% | -158.3% |
| 162nd | Bosnia and Herzegovina | -0.19% | 93.2% |
| 163rd | Canada | -0.06% | -135.4% |
| 164th | Dominican Republic | -0.03% | 98.8% |
| 165th | Philippines | 0.14% | -89.1% |
| 166th | Thailand | 0.19% | 126.7% |
| 167th | Somalia, Fed. Rep. | 0.24% | 532.1% |
| 168th | New Zealand | 0.37% | 208.6% |
| 169th | Nepal | 0.46% | -66.1% |
| 170th | Korea | 0.50% | -13.3% |
| 171st | Switzerland | 0.55% | 321.1% |
| 172nd | Hong Kong SAR, China | 0.60% | -83.4% |
| 173rd | Solomon Islands | 0.81% | -62.0% |
| 174th | Germany | 0.92% | 25.0% |
| 175th | Luxembourg | 1.30% | -2.1% |
| 176th | Seychelles | 1.39% | -51.7% |
| 177th | Andorra | 1.65% | -22.8% |
| 178th | Comoros | 2.60% | 892.1% |
| 179th | Marshall Islands | 2.81% | -12.0% |
| 180th | Singapore | 2.86% | -37.8% |
| 181st | Liechtenstein | 3.56% | 68.3% |
| 182nd | Palau | 5.08% | 41.4% |
| 183rd | St. Kitts and Nevis | 5.66% | -33.6% |
| 184th | Norway | 5.99% | -30.2% |
| 185th | Micronesia, Federated States of | 10.48% | -6.7% |
| 186th | Nauru | 10.74% | -63.7% |
| 187th | Dominica | 11.38% | 305.2% |
| 188th | Macao SAR, China | 13.82% | -42.8% |
| 189th | Tuvalu | 14.72% | 351.2% |
| 190th | Kuwait | 16.58% | -44.7% |
| 191st | Qatar | 18.45% | 38.2% |
| 192nd | Kiribati | 42.52% | 21.6% |
FAQ
What was Papua New Guinea's budget deficit in 2015?▾
Papua New Guinea's budget deficit in 2015 was -4.55%. This ranked 57th globally.
How did Papua New Guinea's budget deficit change in 2015?▾
Papua New Guinea's budget deficit increased by 27.4% in 2015 compared to 2014.
Which country had the highest budget deficit in 2015?▾
Kiribati had the highest budget deficit in 2015 at 42.52%.
What is the budget deficit of Papua New Guinea in 2015?▾
The budget deficit of Papua New Guinea in 2015 was -4.55%. This ranked 57th globally.
How does 2015 compare to 2014 for Papua New Guinea's budget deficit?▾
Papua New Guinea's budget deficit went from -6.27% in 2014 to -4.55% in 2015, a 27.4% increase.
Related
2014
2016
All years
Full ranking 2015
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