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Budget Deficit - Ranking 2021

All countries ranked by budget deficit · IMF WEO
Year

In 2021, Timor-Leste (-20.15%), San Marino (-16.42%), and Fiji (-14.22%) ranked highest in budget deficit among all countries. Nauru ranked lowest at 44.49%.

Budget Deficit by Country - 2021
RankCountryValueYoY %
1st Timor-Leste -20.15% -6.6%
2nd San Marino -16.42% +56.3%
3rd Fiji -14.22% -70.5%
4th Maldives -14.18% +40.1%
5th Senegal -13.67% -41.9%
6th Tuvalu -13.28% -197.0%
7th Macao SAR, China -12.89% +39.8%
8th Ghana -12.03% +31.0%
9th Bahamas, The -11.90% -67.4%
10th Sri Lanka -11.68% +12.5%
11th United States -11.43% +19.0%
12th Kiribati -10.77% -401.3%
13th Bahrain -10.57% +38.9%
14th Aruba -9.96% +41.1%
15th Palau -9.94% +23.7%
16th India -9.45% +26.6%
17th Bolivia, Plurinational State of -9.33% +26.7%
18th South Sudan -9.30% -69.1%
19th Italy -8.88% +5.3%
20th Namibia -8.68% -7.6%
21st Jordan -8.45% +16.4%
22nd Trinidad and Tobago -8.39% +29.1%
23rd Malawi -8.34% -3.8%
24th Iceland -8.33% +4.6%
25th Dominica -8.22% -9.2%
26th Brunei Darussalam -8.16% +48.2%
27th Zambia -8.14% +40.9%
28th Uganda -7.76% 0.0%
29th United Kingdom -7.73% +41.4%
30th Tunisia -7.60% +16.1%
31st Greece -7.58% +26.7%
32nd Chile -7.53% -6.1%
33rd Cabo Verde -7.51% +19.2%
34th Burkina Faso -7.45% -44.4%
35th Colombia -7.26% -1.9%
36th Kenya -7.20% +11.5%
37th St. Vincent and the Grenadines -7.19% -21.4%
38th Hungary -7.11% +5.0%
39th Rwanda -7.00% +26.6%
40th Egypt, Arab Republic of -6.96% +6.9%
41st Malta -6.95% +20.3%
42nd Guyana -6.94% +10.8%
43rd Papua New Guinea -6.84% +22.7%
44th Thailand -6.74% -50.9%
45th Romania -6.70% +29.8%
46th Spain -6.66% +33.6%
47th France -6.58% +26.3%
48th Panama -6.48% +36.5%
49th Australia -6.37% +27.1%
50th Algeria -6.32% +39.9%
51st Philippines -6.23% -12.4%
52nd Japan -6.13% +32.5%
53rd Niger -6.10% -26.6%
54th Pakistan -6.04% +14.1%
55th Malaysia -6.03% -23.1%
56th Georgia -5.97% +34.8%
57th Morocco -5.92% +17.1%
58th China -5.90% +38.3%
59th Guinea-Bissau -5.88% +39.0%
60th Central African Republic -5.80% -79.2%
61st Bhutan -5.76% -218.8%
62nd Seychelles -5.76% +63.5%
63rd Latvia -5.71% -48.5%
64th Benin -5.71% -21.9%
65th Austria -5.69% +30.6%
66th Suriname -5.66% +52.7%
67th South Africa -5.54% +42.4%
68th El Salvador -5.53% +32.4%
69th Belgium -5.40% +40.2%
70th North Macedonia -5.32% +33.9%
71st Mozambique -5.23% +15.5%
72nd West Bank and Gaza -5.21% +29.4%
73rd Cambodia -5.18% -104.8%
74th Slovak Republic -5.09% +3.9%
75th Costa Rica -5.09% +39.3%
76th Kazakhstan -4.97% +29.4%
77th Czechia -4.95% +12.4%
78th Lesotho -4.95% -518.4%
79th Mali -4.91% +9.4%
80th Côte d'Ivoire -4.86% +10.3%
81st St. Lucia -4.80% +57.8%
82nd Gambia, The -4.77% -101.2%
83rd Togo -4.65% +34.0%
84th Slovenia -4.61% +40.0%
85th Burundi -4.60% +30.1%
86th Armenia -4.58% +15.2%
87th Albania -4.57% +31.4%
88th Eswatini -4.57% -8.2%
89th Antigua and Barbuda -4.52% +27.4%
90th Indonesia -4.41% +27.5%
91st Sierra Leone -4.35% -24.3%
92nd Barbados -4.35% +2.9%
93rd Argentina -4.33% +50.0%
94th Uzbekistan -4.10% -38.9%
95th Mauritius -4.08% +60.9%
96th Nepal -3.98% +46.7%
97th Ukraine -3.97% +32.9%
98th Nigeria -3.97% +1.5%
99th Mexico -3.75% +12.7%
100th Bangladesh -3.56% +26.5%
101st Tanzania -3.55% -38.7%
102nd New Zealand -3.50% +19.5%
103rd Paraguay -3.39% +40.7%
104th Israel -3.37% +68.5%
105th Belize -3.29% +61.6%
106th Oman -3.17% +79.8%
107th Germany -3.17% +27.7%
108th Honduras -3.17% +30.9%
109th Serbia -3.16% +54.3%
110th Canada -3.06% +72.1%
111th Djibouti -3.06% -18.5%
112th Mongolia -3.05% +67.0%
113th Iran, Islamic Republic of -3.01% +38.2%
114th Cameroon -3.01% +5.6%
115th Türkiye -2.98% +35.8%
116th Dominican Republic -2.92% +63.2%
117th Madagascar -2.83% +28.6%
118th Portugal -2.83% +50.9%
119th Comoros -2.81% -445.3%
120th Bulgaria -2.80% +4.0%
121st Finland -2.69% +51.3%
122nd Lebanon -2.67% +63.8%
123rd Brazil -2.63% +77.4%
124th Moldova -2.62% +50.8%
125th Uruguay -2.61% +43.6%
126th Croatia -2.58% +64.4%
127th Estonia -2.57% +52.6%
128th Liberia -2.50% +37.7%
129th Peru -2.49% +69.5%
130th Myanmar -2.47% +62.0%
131st Haiti -2.45% -25.5%
132nd Botswana -2.33% +78.5%
133rd Netherlands -2.26% +39.2%
134th Zimbabwe -2.24% -564.4%
135th Saudi Arabia -1.99% +80.5%
136th Gabon -1.93% +12.0%
137th Solomon Islands -1.86% +23.7%
138th Poland -1.75% +74.5%
139th Montenegro -1.72% +84.4%
140th Guinea -1.71% +44.7%
141st Congo, Democratic Republic of -1.68% +47.1%
142nd Cyprus -1.64% +70.5%
143rd Ecuador -1.59% +78.5%
144th São Tomé and Principe -1.52% -151.6%
145th Viet Nam -1.43% +49.9%
146th Ireland -1.37% +71.9%
147th Chad -1.29% -204.7%
148th Nicaragua -1.26% +51.1%
149th Andorra -1.17% -9.5%
150th Guatemala -1.16% +76.3%
151st Lithuania -1.15% +82.0%
152nd Yemen, Republic of -0.89% +79.3%
153rd Somalia, Fed. Rep. -0.88% -407.3%
154th Tonga -0.87% -116.6%
155th Kyrgyz Republic -0.71% +76.9%
156th Lao PDR -0.67% +87.5%
157th Tajikistan -0.64% +85.2%
158th Afghanistan -0.49% +78.4%
159th Iraq -0.38% +97.1%
160th Switzerland -0.29% +90.4%
161st Sudan -0.29% +95.2%
162nd Puerto Rico (US) -0.26% +53.4%
163rd Belarus -0.22% +92.2%
164th Bosnia and Herzegovina -0.18% +96.1%
165th Sweden -0.15% +95.3%
166th Korea -0.02% +99.1%
167th Hong Kong SAR, China 0.01% +100.1%
168th Marshall Islands 0.18% -92.9%
169th Qatar 0.24% +111.4%
170th Grenada 0.33% +107.2%
171st Turkmenistan 0.57% +458.2%
172nd Russian Federation 0.78% +119.5%
173rd Jamaica 0.84% +129.3%
174th Luxembourg 1.00% +132.4%
175th Singapore 1.13% +116.7%
176th Congo, Republic of 1.63% +247.4%
177th Samoa 1.71% -68.3%
178th Vanuatu 2.38% +222.2%
179th Liechtenstein 2.43% -67.1%
180th Mauritania 2.60% -6.7%
181st Equatorial Guinea 2.65% +249.8%
182nd Angola 3.40% +304.9%
183rd United Arab Emirates 3.96% +264.1%
184th Denmark 4.12% +1,035.3%
185th Azerbaijan 4.21% +165.3%
186th Micronesia, Federated States of 4.44% -30.8%
187th St. Kitts and Nevis 5.41% +276.8%
188th Kuwait 9.98% +6,980.9%
189th Norway 10.29% +502.0%
190th Libya 14.83% +166.6%
191st Nauru 44.49% +3.9%

FAQ

Which country has the highest budget deficit in 2021?

Timor-Leste has the highest budget deficit in 2021 at -20.15%.

Which country has the lowest budget deficit in 2021?

Nauru has the lowest budget deficit in 2021 at 44.49%.

How many countries are ranked by budget deficit?

191 countries have budget deficit data for 2021.

What are the top 3 countries by budget deficit?

1. Timor-Leste (-20.15%), 2. San Marino (-16.42%), 3. Fiji (-14.22%).