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Budget Deficit - Ranking 2004

All countries ranked by budget deficit · IMF WEO
Year

In 2004, Iraq (-35.40%), São Tomé and Principe (-25.12%), and Kiribati (-19.20%) ranked highest in budget deficit among all countries. Kuwait ranked lowest at 32.51%.

Budget Deficit by Country - 2004
RankCountryValueYoY %
1st Iraq -35.40% -
2nd São Tomé and Principe -25.12% -57.7%
3rd Kiribati -19.20% -115.0%
4th Micronesia, Federated States of -15.55% -694.0%
5th Burundi -14.87% -8.5%
6th Lebanon -9.83% +29.6%
7th India -9.22% +19.3%
8th Greece -9.05% -12.5%
9th Aruba -8.53% -549.9%
10th Eritrea -7.65% -222.7%
11th Timor-Leste -7.48% +9.2%
12th Belarus -7.06% -4.8%
13th St. Kitts and Nevis -6.60% -16.6%
14th Hungary -6.60% +8.3%
15th Sri Lanka -6.32% -2.8%
16th Croatia -6.09% -21.2%
17th Portugal -5.99% -5.8%
18th Guinea-Bissau -5.92% -5.2%
19th Egypt, Arab Republic of -5.76% -0.6%
20th Bolivia, Plurinational State of -5.54% +29.6%
21st Japan -5.31% +28.5%
22nd Albania -5.16% -3.1%
23rd Poland -5.00% +16.6%
24th Austria -4.94% -168.7%
25th Kyrgyz Republic -4.89% +5.4%
26th Palau -4.82% -51.3%
27th Myanmar -4.62% -8.9%
28th Jamaica -4.56% +16.0%
29th Belize -4.52% +46.2%
30th Ukraine -4.42% -394.4%
31st Panama -4.33% -90.6%
32nd Malta -4.28% +52.7%
33rd United States -4.24% +11.0%
34th Madagascar -4.23% -27.4%
35th Mauritius -4.22% +7.4%
36th Burkina Faso -4.19% -134.3%
37th Syrian Arab Republic -4.18% -54.7%
38th Türkiye -4.11% +45.6%
39th Eswatini -3.97% -88.4%
40th Antigua and Barbuda -3.90% +46.7%
41st Guinea -3.85% +17.4%
42nd Uzbekistan -3.74% +23.2%
43rd Cyprus -3.71% +37.2%
44th Djibouti -3.67% +11.2%
45th Dominican Republic -3.60% +15.2%
46th Tuvalu -3.60% -
47th France -3.56% +13.2%
48th Italy -3.46% -7.3%
49th Germany -3.42% +10.7%
50th Costa Rica -3.42% +0.5%
51st Israel -3.40% +32.4%
52nd Romania -3.39% -48.4%
53rd Malaysia -3.35% +27.1%
54th Morocco -3.31% +11.5%
55th Cambodia -3.23% +43.3%
56th Mozambique -3.17% -20.2%
57th United Kingdom -3.16% +1.6%
58th Mauritania -3.06% -
59th Cabo Verde -2.98% +17.9%
60th Brazil -2.96% +45.3%
61st Barbados -2.89% +4.6%
62nd Guyana -2.88% +40.1%
63rd Philippines -2.81% +19.6%
64th Niger -2.76% -27.1%
65th El Salvador -2.76% +34.8%
66th St. Vincent and the Grenadines -2.71% -8.1%
67th Namibia -2.67% +40.3%
68th Malawi -2.61% -0.4%
69th St. Lucia -2.59% +18.5%
70th Zambia -2.51% +52.8%
71st Honduras -2.48% +51.4%
72nd Montenegro -2.45% +39.5%
73rd Iran, Islamic Republic of -2.45% +11.3%
74th Tanzania -2.43% -37.1%
75th Czechia -2.41% +65.0%
76th Afghanistan -2.39% -13.8%
77th Mali -2.36% -98.8%
78th Slovak Republic -2.36% -3.4%
79th Tajikistan -2.32% -32.8%
80th Maldives -2.26% +34.5%
81st Bangladesh -2.21% -12.8%
82nd Yemen, Republic of -2.15% +48.8%
83rd Tunisia -2.10% +20.6%
84th Ghana -2.02% -1.5%
85th Slovenia -1.98% +25.6%
86th Bahamas, The -1.95% -19.5%
87th Chad -1.84% +57.4%
88th Netherlands -1.83% +42.8%
89th Lao PDR -1.81% +53.4%
90th Gambia, The -1.77% -2.0%
91st Central African Republic -1.74% +43.3%
92nd Mongolia -1.62% +52.2%
93rd Marshall Islands -1.60% -115.2%
94th China -1.49% +36.9%
95th Sierra Leone -1.46% +47.7%
96th Switzerland -1.39% -2.5%
97th Luxembourg -1.39% -604.3%
98th Lithuania -1.39% -9.7%
99th Mexico -1.35% +40.0%
100th Haiti -1.34% +39.9%
101st Colombia -1.31% +51.5%
102nd Pakistan -1.29% -994.1%
103rd Suriname -1.20% -954.4%
104th Jordan -1.09% +56.7%
105th Guatemala -1.05% +57.6%
106th South Africa -1.04% +34.3%
107th Côte d'Ivoire -1.04% +17.7%
108th Latvia -1.04% +37.8%
109th Peru -1.03% +36.3%
110th Fiji -0.98% +71.6%
111th Comoros -0.98% +52.1%
112th Uruguay -0.87% +60.4%
113th Samoa -0.74% -45.1%
114th Benin -0.71% +34.2%
115th Dominica -0.67% -179.2%
116th Grenada -0.58% +79.6%
117th Liberia -0.56% -256.2%
118th Cameroon -0.46% -181.4%
119th Hong Kong SAR, China -0.30% +90.4%
120th Indonesia -0.26% +75.9%
121st Belgium -0.24% +87.2%
122nd Bosnia and Herzegovina -0.18% +58.4%
123rd Congo, Democratic Republic of -0.17% +95.7%
124th Viet Nam -0.15% +94.1%
125th Nepal -0.14% +57.4%
126th Spain -0.10% +74.7%
127th Serbia 0.06% +102.6%
128th Korea 0.09% -94.3%
129th Sudan 0.16% -79.7%
130th Sweden 0.17% +113.3%
131st Senegal 0.18% +135.7%
132nd Bahrain 0.24% +113.9%
133rd Iceland 0.28% +112.4%
134th Uganda 0.34% +135.4%
135th North Macedonia 0.37% +619.4%
136th Seychelles 0.44% -87.1%
137th Kenya 0.50% +169.0%
138th Moldova 0.59% +26.2%
139th Togo 0.61% -57.5%
140th Canada 0.77% +704.7%
141st Vanuatu 0.80% +159.3%
142nd Angola 1.03% +125.2%
143rd Thailand 1.11% -44.1%
144th Ireland 1.30% +275.1%
145th Australia 1.32% +25.9%
146th Paraguay 1.34% +2,092.5%
147th Botswana 1.35% +869.1%
148th Turkmenistan 1.48% -63.0%
149th Bulgaria 1.59% +53,000.0%
150th Nicaragua 1.70% +30.8%
151st Azerbaijan 1.78% +11.0%
152nd Bhutan 1.80% +117.6%
153rd Andorra 1.86% +5.2%
154th Trinidad and Tobago 1.91% +0.6%
155th Ecuador 1.94% +85.8%
156th Papua New Guinea 2.03% +977.1%
157th Chile 2.05% +593.0%
158th Singapore 2.06% +203.8%
159th Finland 2.16% -7.8%
160th Denmark 2.24% +1,507.9%
161st Rwanda 2.27% +284.4%
162nd Estonia 2.29% +37.3%
163rd San Marino 2.45% -
164th Kazakhstan 3.29% -17.7%
165th Congo, Republic of 3.33% +808.7%
166th Georgia 3.59% +755.5%
167th Nigeria 3.90% +350.0%
168th Argentina 3.97% +164.5%
169th Tonga 4.23% +78.6%
170th New Zealand 4.49% +22.0%
171st Russian Federation 4.58% +238.9%
172nd Oman 5.43% -8.3%
173rd Lesotho 6.06% +581.1%
174th Algeria 6.36% -11.8%
175th United Arab Emirates 6.40% +172.1%
176th Gabon 6.99% -9.8%
177th Macao SAR, China 7.80% +62.5%
178th Brunei Darussalam 8.57% +6.3%
179th Equatorial Guinea 9.22% -7.8%
180th Saudi Arabia 9.72% +710.5%
181st Norway 10.84% +50.4%
182nd Libya 11.31% +83.5%
183rd Solomon Islands 17.03% +61.3%
184th Qatar 17.69% +163.6%
185th Kuwait 32.51% +19.5%

FAQ

Which country has the highest budget deficit in 2004?

Iraq has the highest budget deficit in 2004 at -35.40%.

Which country has the lowest budget deficit in 2004?

Kuwait has the lowest budget deficit in 2004 at 32.51%.

How many countries are ranked by budget deficit?

185 countries have budget deficit data for 2004.

What are the top 3 countries by budget deficit?

1. Iraq (-35.40%), 2. São Tomé and Principe (-25.12%), 3. Kiribati (-19.20%).