Papua New Guinea - Budget Deficit 2017
-2.48%
+2.27% from 2016
Papua New Guinea's budget deficit was -2.48% in 2017, increased +2.27% from -4.75% in 2016. This was the 93rd highest globally.
Global Ranking - 2017▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -33.78% | 39.4% |
| 2nd | Bahrain | -13.38% | 19.3% |
| 3rd | Libya | -11.06% | 62.2% |
| 4th | Oman | -10.46% | 46.7% |
| 5th | Trinidad and Tobago | -10.45% | -6.2% |
| 6th | Brunei Darussalam | -10.40% | 52.0% |
| 7th | Egypt, Arab Republic of | -9.90% | 16.1% |
| 8th | Lebanon | -8.65% | 2.6% |
| 9th | Suriname | -8.62% | 15.4% |
| 10th | Saudi Arabia | -8.57% | 35.0% |
| 11th | Brazil | -7.97% | 0.3% |
| 12th | Bolivia, Plurinational State of | -7.86% | -8.4% |
| 13th | Algeria | -7.55% | 36.3% |
| 14th | Zambia | -7.50% | -31.8% |
| 15th | Kenya | -7.40% | 1.0% |
| 16th | Zimbabwe | -7.37% | -59.3% |
| 17th | Liberia | -7.14% | -86.4% |
| 18th | Burkina Faso | -6.92% | -124.5% |
| 19th | Montenegro | -6.89% | -11.0% |
| 20th | Qatar | -6.82% | 25.9% |
| 21st | Argentina | -6.69% | -0.6% |
| 22nd | India | -6.23% | 12.5% |
| 23rd | Sudan | -6.07% | -54.9% |
| 24th | Bahamas, The | -6.05% | -131.8% |
| 25th | Costa Rica | -5.88% | -15.4% |
| 26th | Ecuador | -5.77% | 43.9% |
| 27th | Angola | -5.75% | -44.3% |
| 28th | Eritrea | -5.74% | -299.7% |
| 29th | Tajikistan | -5.65% | -94.0% |
| 30th | Eswatini | -5.64% | 32.6% |
| 31st | Sierra Leone | -5.61% | -3.6% |
| 32nd | Tunisia | -5.61% | 4.5% |
| 33rd | Congo, Republic of | -5.57% | 61.7% |
| 34th | Lao PDR | -5.51% | -8.9% |
| 35th | Pakistan | -5.17% | -31.8% |
| 36th | Malawi | -5.15% | -5.1% |
| 37th | Sri Lanka | -5.10% | -2.0% |
| 38th | Burundi | -5.01% | 29.6% |
| 39th | Namibia | -4.99% | 46.3% |
| 40th | Yemen, Republic of | -4.91% | 42.3% |
| 41st | United States | -4.79% | -10.1% |
| 42nd | Armenia | -4.79% | 15.0% |
| 43rd | Cameroon | -4.73% | 19.7% |
| 44th | Bhutan | -4.49% | -94.5% |
| 45th | Gambia, The | -4.35% | 30.1% |
| 46th | Kazakhstan | -4.27% | 5.3% |
| 47th | Benin | -4.18% | 2.5% |
| 48th | Bangladesh | -4.17% | -31.7% |
| 49th | Niger | -4.12% | 7.8% |
| 50th | South Africa | -4.02% | -7.8% |
| 51st | Ghana | -3.97% | 41.2% |
| 52nd | Barbados | -3.87% | 20.1% |
| 53rd | Nigeria | -3.85% | -16.6% |
| 54th | Uganda | -3.83% | -44.9% |
| 55th | Kyrgyz Republic | -3.73% | 35.5% |
| 56th | Mongolia | -3.72% | 75.7% |
| 57th | Jordan | -3.61% | 2.5% |
| 58th | San Marino | -3.49% | -1,784.3% |
| 59th | Belize | -3.48% | 22.2% |
| 60th | Myanmar | -3.42% | -35.6% |
| 61st | France | -3.37% | 10.6% |
| 62nd | China | -3.34% | -0.4% |
| 63rd | Morocco | -3.30% | 26.4% |
| 64th | Côte d'Ivoire | -3.27% | -9.9% |
| 65th | Dominica | -3.27% | -128.2% |
| 66th | Guyana | -3.14% | 2.4% |
| 67th | Dominican Republic | -3.12% | -0.5% |
| 68th | São Tomé and Principe | -3.11% | 37.9% |
| 69th | Japan | -3.10% | 13.9% |
| 70th | Spain | -3.10% | 27.4% |
| 71st | Maldives | -3.02% | 69.6% |
| 72nd | Portugal | -3.00% | -54.4% |
| 73rd | Senegal | -2.97% | 9.3% |
| 74th | Mozambique | -2.90% | 46.5% |
| 75th | Mali | -2.86% | 27.5% |
| 76th | Romania | -2.86% | -14.4% |
| 77th | Turkmenistan | -2.84% | -19.2% |
| 78th | Peru | -2.79% | -31.7% |
| 79th | West Bank and Gaza | -2.78% | -33.8% |
| 80th | North Macedonia | -2.73% | -1.2% |
| 81st | Antigua and Barbuda | -2.72% | -1,840.7% |
| 82nd | Nepal | -2.69% | -324.5% |
| 83rd | Cabo Verde | -2.64% | 3.4% |
| 84th | Chile | -2.63% | 1.2% |
| 85th | Equatorial Guinea | -2.59% | 76.3% |
| 86th | Aruba | -2.59% | -77.8% |
| 87th | El Salvador | -2.53% | 18.6% |
| 88th | Rwanda | -2.52% | -10.9% |
| 89th | Uruguay | -2.51% | 6.4% |
| 90th | Italy | -2.51% | -4.3% |
| 91st | Colombia | -2.50% | -9.8% |
| 92nd | United Kingdom | -2.49% | 24.8% |
| 93rd | Papua New Guinea | -2.48% | 47.9% |
| 94th | Hungary | -2.46% | -37.0% |
| 95th | Malaysia | -2.41% | 7.3% |
| 96th | Ukraine | -2.36% | 4.2% |
| 97th | Fiji | -2.29% | 59.9% |
| 98th | Solomon Islands | -2.27% | 36.2% |
| 99th | Indonesia | -2.26% | 11.6% |
| 100th | Madagascar | -2.10% | -90.0% |
| 101st | Lesotho | -2.02% | 78.6% |
| 102nd | Guinea | -1.99% | -2,263.1% |
| 103rd | Samoa | -1.98% | -471.4% |
| 104th | Viet Nam | -1.96% | 37.9% |
| 105th | Panama | -1.92% | -1.9% |
| 106th | Türkiye | -1.87% | -11.3% |
| 107th | Nicaragua | -1.76% | 8.8% |
| 108th | Australia | -1.72% | 29.1% |
| 109th | Gabon | -1.70% | 63.9% |
| 110th | Seychelles | -1.67% | -9,383.3% |
| 111th | Mauritius | -1.62% | 41.0% |
| 112th | St. Vincent and the Grenadines | -1.56% | -4,005.0% |
| 113th | Iran, Islamic Republic of | -1.55% | 9.1% |
| 114th | Iraq | -1.52% | 89.5% |
| 115th | Poland | -1.49% | 37.6% |
| 116th | Russian Federation | -1.47% | 60.0% |
| 117th | Albania | -1.41% | 6.1% |
| 118th | Guatemala | -1.38% | -24.7% |
| 119th | Azerbaijan | -1.34% | -14.7% |
| 120th | Guinea-Bissau | -1.32% | 75.3% |
| 121st | Vanuatu | -1.20% | -66.7% |
| 122nd | Botswana | -1.14% | -260.1% |
| 123rd | Tanzania | -1.14% | 45.2% |
| 124th | Israel | -1.13% | 36.7% |
| 125th | St. Lucia | -1.13% | -45.4% |
| 126th | Puerto Rico (US) | -1.11% | 39.8% |
| 127th | Estonia | -1.07% | -72.5% |
| 128th | Mexico | -1.03% | 61.4% |
| 129th | Central African Republic | -1.00% | -185.2% |
| 130th | Slovak Republic | -0.99% | 62.0% |
| 131st | Latvia | -0.85% | -108.6% |
| 132nd | Austria | -0.78% | 46.5% |
| 133rd | Belgium | -0.76% | 68.6% |
| 134th | Cambodia | -0.76% | -161.3% |
| 135th | Philippines | -0.75% | -0.9% |
| 136th | Afghanistan | -0.67% | -629.9% |
| 137th | Moldova | -0.65% | 58.4% |
| 138th | Finland | -0.63% | 63.0% |
| 139th | Georgia | -0.45% | 69.7% |
| 140th | Paraguay | -0.44% | -17.4% |
| 141st | Thailand | -0.42% | -201.0% |
| 142nd | Honduras | -0.41% | -2.8% |
| 143rd | Belarus | -0.34% | 79.7% |
| 144th | Haiti | -0.32% | -370.1% |
| 145th | Ireland | -0.30% | 60.9% |
| 146th | Djibouti | -0.21% | 72.2% |
| 147th | Togo | -0.21% | 97.0% |
| 148th | Chad | -0.18% | 88.4% |
| 149th | United Arab Emirates | -0.16% | 94.6% |
| 150th | Canada | -0.11% | 75.3% |
| 151st | Comoros | -0.10% | 98.2% |
| 152nd | Congo, Democratic Republic of | -0.05% | 94.4% |
| 153rd | Slovenia | 0.05% | 102.7% |
| 154th | Lithuania | 0.36% | 958.8% |
| 155th | Somalia, Fed. Rep. | 0.37% | -18.9% |
| 156th | Jamaica | 0.43% | 332.2% |
| 157th | Mauritania | 0.53% | 302.3% |
| 158th | Croatia | 0.80% | 176.8% |
| 159th | Bulgaria | 0.82% | -46.6% |
| 160th | Iceland | 0.97% | -92.2% |
| 161st | Uzbekistan | 1.04% | 48.3% |
| 162nd | Greece | 1.06% | 276.8% |
| 163rd | Switzerland | 1.13% | 374.8% |
| 164th | Sweden | 1.29% | 49.5% |
| 165th | Serbia | 1.32% | 222.1% |
| 166th | Germany | 1.34% | 17.9% |
| 167th | Netherlands | 1.35% | 501.8% |
| 168th | New Zealand | 1.36% | 38.9% |
| 169th | Luxembourg | 1.37% | -27.7% |
| 170th | Czechia | 1.46% | 113.1% |
| 171st | St. Kitts and Nevis | 1.68% | -55.4% |
| 172nd | Denmark | 1.69% | 459.3% |
| 173rd | Bosnia and Herzegovina | 1.79% | 423.1% |
| 174th | Korea | 2.08% | 32.9% |
| 175th | Tuvalu | 2.10% | -92.4% |
| 176th | Cyprus | 2.13% | 372.1% |
| 177th | Liechtenstein | 2.74% | -7.2% |
| 178th | Grenada | 3.02% | 12.1% |
| 179th | Andorra | 3.34% | -17.9% |
| 180th | Malta | 3.40% | 210.9% |
| 181st | Tonga | 3.58% | 143.8% |
| 182nd | Marshall Islands | 4.38% | 12.9% |
| 183rd | Palau | 4.76% | 35.3% |
| 184th | Norway | 4.96% | 22.8% |
| 185th | Singapore | 5.24% | 61.1% |
| 186th | Hong Kong SAR, China | 5.49% | 25.2% |
| 187th | South Sudan | 9.57% | 148.2% |
| 188th | Macao SAR, China | 13.27% | 16.3% |
| 189th | Micronesia, Federated States of | 14.48% | 96.4% |
| 190th | Kuwait | 15.25% | 16.6% |
| 191st | Nauru | 16.17% | -14.4% |
| 192nd | Kiribati | 34.09% | 69.6% |
FAQ
What was Papua New Guinea's budget deficit in 2017?▾
Papua New Guinea's budget deficit in 2017 was -2.48%. This ranked 93rd globally.
How did Papua New Guinea's budget deficit change in 2017?▾
Papua New Guinea's budget deficit increased by 47.9% in 2017 compared to 2016.
Which country had the highest budget deficit in 2017?▾
Kiribati had the highest budget deficit in 2017 at 34.09%.
What is the budget deficit of Papua New Guinea in 2017?▾
The budget deficit of Papua New Guinea in 2017 was -2.48%. This ranked 93rd globally.
How does 2017 compare to 2016 for Papua New Guinea's budget deficit?▾
Papua New Guinea's budget deficit went from -4.75% in 2016 to -2.48% in 2017, a 47.9% increase.
Related
2016
2018
All years
Full ranking 2017
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