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Budget Deficit - Ranking 2016

All countries ranked by budget deficit · IMF WEO
Year

In 2016, Timor-Leste (-55.75%), Libya (-29.29%), and Brunei Darussalam (-21.68%) ranked highest in budget deficit among all countries. Tuvalu ranked lowest at 27.47%.

Budget Deficit by Country - 2016
RankCountryValueYoY %
1st Timor-Leste -55.75% -67.9%
2nd Libya -29.29% -2.8%
3rd Brunei Darussalam -21.68% -49.3%
4th South Sudan -19.84% -20.8%
5th Oman -19.62% -45.6%
6th Bahrain -16.58% +5.1%
7th Mongolia -15.30% -203.3%
8th Congo, Republic of -14.54% +18.3%
9th Iraq -14.45% -12.6%
10th Saudi Arabia -13.20% +11.7%
11th Algeria -11.85% +14.6%
12th Egypt, Arab Republic of -11.80% -13.8%
13th Equatorial Guinea -10.92% +27.7%
14th Ecuador -10.29% -49.9%
15th Suriname -10.19% -22.9%
16th Maldives -9.93% -52.4%
17th Trinidad and Tobago -9.84% -33.5%
18th Lesotho -9.43% -583.2%
19th Namibia -9.30% -12.1%
20th Qatar -9.20% -149.9%
21st Lebanon -8.88% -18.7%
22nd Yemen, Republic of -8.51% +2.8%
23rd Eswatini -8.36% -42.1%
24th Brazil -7.99% +13.9%
25th Kenya -7.47% -11.8%
26th Bolivia, Plurinational State of -7.24% -4.4%
27th India -7.12% +1.2%
28th Burundi -7.11% +5.9%
29th Togo -7.03% +0.2%
30th Ghana -6.75% -68.4%
31st Argentina -6.66% -10.9%
32nd Gambia, The -6.22% -15.8%
33rd Montenegro -6.21% -3.0%
34th Cameroon -5.88% -38.5%
35th Tunisia -5.87% -18.6%
36th Kyrgyz Republic -5.79% -130.0%
37th Fiji -5.70% -45.9%
38th Zambia -5.69% +35.9%
39th Armenia -5.63% -16.4%
40th Comoros -5.52% -312.5%
41st Mozambique -5.42% +17.3%
42nd Sierra Leone -5.41% -89.0%
43rd Guinea-Bissau -5.34% -69.0%
44th Costa Rica -5.09% +7.8%
45th Lao PDR -5.06% +9.2%
46th São Tomé and Principe -5.01% +34.1%
47th Sri Lanka -5.00% +24.7%
48th Malawi -4.90% -17.6%
49th Barbados -4.84% +40.6%
50th Papua New Guinea -4.75% -4.3%
51st Gabon -4.71% -321.7%
52nd Zimbabwe -4.63% -220.1%
53rd Kazakhstan -4.50% +28.1%
54th Morocco -4.49% +2.3%
55th Belize -4.47% +13.0%
56th Niger -4.46% +33.8%
57th United States -4.36% -23.4%
58th Benin -4.29% +22.8%
59th Spain -4.27% +19.0%
60th Angola -3.98% -54.7%
61st Mali -3.95% -116.5%
62nd Pakistan -3.92% +17.2%
63rd Sudan -3.92% -1.3%
64th Liberia -3.83% -2.4%
65th France -3.76% +3.2%
66th South Africa -3.73% +14.8%
67th Jordan -3.71% +47.8%
68th Russian Federation -3.67% -8.4%
69th Japan -3.60% +2.1%
70th Solomon Islands -3.56% -540.3%
71st China -3.33% -33.0%
72nd United Kingdom -3.31% +27.9%
73rd Nigeria -3.30% -22.3%
74th Senegal -3.27% +10.7%
75th Guyana -3.21% -328.8%
76th Viet Nam -3.16% +36.5%
77th Bangladesh -3.16% +3.9%
78th Dominican Republic -3.11% -9,321.2%
79th El Salvador -3.10% +14.5%
80th Burkina Faso -3.08% -47.5%
81st Côte d'Ivoire -2.98% -45.9%
82nd United Arab Emirates -2.95% +53.5%
83rd Tajikistan -2.91% -48.3%
84th Mauritius -2.74% +21.4%
85th Cabo Verde -2.73% +34.4%
86th North Macedonia -2.70% +22.2%
87th Mexico -2.68% +30.5%
88th Uruguay -2.68% -44.4%
89th Chile -2.66% -27.4%
90th Uganda -2.64% -1.8%
91st Bahamas, The -2.61% +21.8%
92nd Malaysia -2.60% -2.2%
93rd Slovak Republic -2.59% +6.8%
94th Indonesia -2.56% +6.0%
95th Myanmar -2.53% +41.6%
96th Romania -2.50% -85.2%
97th Ukraine -2.46% -112.0%
98th Belgium -2.43% +1.8%
99th Australia -2.42% +13.0%
100th Italy -2.41% +2.2%
101st Poland -2.38% +8.2%
102nd Turkmenistan -2.38% -241.1%
103rd Bhutan -2.31% -371.2%
104th Colombia -2.27% +35.4%
105th Rwanda -2.27% +15.3%
106th Peru -2.12% -4.9%
107th Tanzania -2.08% +34.3%
108th West Bank and Gaza -2.08% +55.4%
109th Slovenia -2.00% +29.5%
110th Portugal -1.94% +55.6%
111th Nicaragua -1.92% -17.5%
112th Panama -1.89% +17.8%
113th Puerto Rico (US) -1.84% +12.9%
114th Hungary -1.79% +10.5%
115th Israel -1.79% -47.9%
116th Finland -1.70% +29.9%
117th Iran, Islamic Republic of -1.70% -30.9%
118th Türkiye -1.68% -227.5%
119th Belarus -1.66% +44.0%
120th Moldova -1.56% +19.0%
121st Chad -1.51% +54.1%
122nd Albania -1.50% +65.3%
123rd Georgia -1.49% -28.1%
124th Aruba -1.46% +1.4%
125th Austria -1.45% -204.8%
126th Eritrea -1.44% +48.1%
127th Azerbaijan -1.17% +75.8%
128th Guatemala -1.11% +24.6%
129th Madagascar -1.11% +61.2%
130th Serbia -1.08% +66.8%
131st Croatia -1.04% +70.5%
132nd Congo, Democratic Republic of -0.93% +31.6%
133rd St. Lucia -0.78% +66.7%
134th Ireland -0.76% +61.4%
135th Djibouti -0.76% +95.1%
136th Philippines -0.75% -617.4%
137th Vanuatu -0.72% +91.7%
138th Estonia -0.62% -155.4%
139th Canada -0.45% -630.6%
140th Latvia -0.41% +74.0%
141st Honduras -0.40% +49.2%
142nd Paraguay -0.37% +14.4%
143rd Samoa -0.35% +90.9%
144th Cambodia -0.29% +54.9%
145th San Marino -0.19% +94.4%
146th Jamaica -0.18% +33.5%
147th Antigua and Barbuda -0.14% +94.2%
148th Guinea -0.08% +98.7%
149th Seychelles 0.02% -98.7%
150th Lithuania 0.03% +104.4%
151st St. Vincent and the Grenadines 0.04% +102.0%
152nd Haiti 0.12% +107.9%
153rd Afghanistan 0.13% +109.2%
154th Mauritania 0.13% +105.4%
155th Netherlands 0.23% +112.3%
156th Switzerland 0.24% -56.4%
157th Greece 0.28% +109.2%
158th Denmark 0.30% +133.7%
159th Bosnia and Herzegovina 0.34% +276.3%
160th Thailand 0.41% +120.9%
161st Cyprus 0.45% +158.9%
162nd Somalia, Fed. Rep. 0.46% +90.5%
163rd Czechia 0.69% +202.9%
164th Uzbekistan 0.70% +354.2%
165th Botswana 0.71% +114.8%
166th Sweden 0.86% +416.9%
167th New Zealand 0.98% +167.7%
168th Malta 1.10% +230.7%
169th Germany 1.13% +23.9%
170th Central African Republic 1.17% +318.3%
171st Nepal 1.20% +160.4%
172nd Tonga 1.47% +153.4%
173rd Bulgaria 1.54% +155.5%
174th Korea 1.56% +214.5%
175th Luxembourg 1.89% +44.9%
176th Grenada 2.69% +436.4%
177th Liechtenstein 2.95% -17.0%
178th Singapore 3.26% +13.8%
179th Palau 3.52% -30.8%
180th St. Kitts and Nevis 3.77% -33.5%
181st Marshall Islands 3.88% +37.8%
182nd Norway 4.04% -32.6%
183rd Andorra 4.07% +145.9%
184th Hong Kong SAR, China 4.39% +637.3%
185th Micronesia, Federated States of 7.37% -29.7%
186th Macao SAR, China 11.42% -17.4%
187th Dominica 11.59% +1.9%
188th Iceland 12.38% +3,265.2%
189th Kuwait 13.08% -21.1%
190th Nauru 18.89% +75.9%
191st Kiribati 20.10% -52.7%
192nd Tuvalu 27.47% +86.7%

FAQ

Which country has the highest budget deficit in 2016?

Timor-Leste has the highest budget deficit in 2016 at -55.75%.

Which country has the lowest budget deficit in 2016?

Tuvalu has the lowest budget deficit in 2016 at 27.47%.

How many countries are ranked by budget deficit?

192 countries have budget deficit data for 2016.

What are the top 3 countries by budget deficit?

1. Timor-Leste (-55.75%), 2. Libya (-29.29%), 3. Brunei Darussalam (-21.68%).