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Budget Deficit - Ranking 2022

All countries ranked by budget deficit · IMF WEO
Year

In 2022, Macao SAR, China (-37.04%), Timor-Leste (-29.47%), and Kiribati (-18.31%) ranked highest in budget deficit among all countries. Kuwait ranked lowest at 29.99%.

Budget Deficit by Country - 2022
RankCountryValueYoY %
1st Macao SAR, China -37.04% -187.3%
2nd Timor-Leste -29.47% -46.3%
3rd Kiribati -18.31% -70.0%
4th Senegal -16.13% -18.0%
5th Ukraine -15.60% -292.8%
6th Tuvalu -14.60% -9.9%
7th Fiji -12.28% +13.7%
8th Ghana -11.76% +2.3%
9th Maldives -11.16% +21.3%
10th Burkina Faso -10.89% -46.2%
11th Burundi -10.73% -133.3%
12th Sri Lanka -10.22% +12.5%
13th St. Vincent and the Grenadines -9.35% -30.0%
14th Malawi -9.32% -11.7%
15th India -8.97% +5.1%
16th Togo -8.34% -79.1%
17th Italy -8.11% +8.7%
18th Pakistan -7.84% -29.7%
19th Zambia -7.82% +3.9%
20th Lebanon -7.77% -191.3%
21st China -7.32% -24.0%
22nd Dominica -7.21% +12.3%
23rd Bolivia, Plurinational State of -7.12% +23.7%
24th Bhutan -6.95% -20.7%
25th Tunisia -6.91% +9.1%
26th Jordan -6.80% +19.6%
27th Niger -6.77% -11.0%
28th Côte d'Ivoire -6.74% -38.7%
29th Hong Kong SAR, China -6.58% -73,155.6%
30th Vanuatu -6.50% -373.3%
31st Lesotho -6.41% -29.5%
32nd Colombia -6.34% +12.7%
33rd Namibia -6.33% +27.1%
34th Hungary -6.17% +13.2%
35th Kenya -6.06% +15.8%
36th Guinea-Bissau -6.06% -3.0%
37th Bahrain -6.02% +43.0%
38th Sierra Leone -5.93% -36.3%
39th Romania -5.83% +13.0%
40th Egypt, Arab Republic of -5.75% +17.4%
41st Rwanda -5.74% +18.1%
42nd Gambia, The -5.72% -19.9%
43rd Benin -5.56% +2.7%
44th Bahamas, The -5.53% +53.6%
45th Philippines -5.48% +12.1%
46th Madagascar -5.46% -93.1%
47th Uganda -5.45% +29.8%
48th Morocco -5.37% +9.4%
49th Liberia -5.33% -112.9%
50th Malta -5.31% +23.6%
51st Eswatini -5.28% -15.5%
52nd Papua New Guinea -5.25% +23.2%
53rd North Macedonia -5.23% +1.6%
54th Central African Republic -5.23% +9.9%
55th Mozambique -5.22% +0.3%
56th Guyana -5.11% +26.3%
57th Mali -4.75% +3.3%
58th France -4.74% +28.1%
59th Spain -4.63% +30.4%
60th Thailand -4.61% +31.7%
61st Malaysia -4.56% +24.4%
62nd United Kingdom -4.56% +41.0%
63rd Bangladesh -4.53% -27.4%
64th Mexico -4.32% -15.3%
65th Cabo Verde -4.25% +43.4%
66th South Africa -4.25% +23.3%
67th Japan -4.22% +31.2%
68th St. Kitts and Nevis -4.16% -176.9%
69th New Zealand -4.16% -18.8%
70th Montenegro -4.07% -136.6%
71st Nigeria -4.00% -0.9%
72nd Palau -3.99% +59.9%
73rd Panama -3.98% +38.5%
74th Brazil -3.97% -50.7%
75th Latvia -3.94% +31.0%
76th Comoros -3.93% -39.7%
77th Iceland -3.93% +52.8%
78th Tanzania -3.92% -10.4%
79th Argentina -3.84% +11.5%
80th United States -3.72% +67.5%
81st Uzbekistan -3.65% +10.9%
82nd Albania -3.64% +20.4%
83rd Belgium -3.62% +33.0%
84th Poland -3.44% -97.0%
85th Austria -3.31% +41.9%
86th Zimbabwe -3.30% -47.5%
87th Dominican Republic -3.25% -11.3%
88th Moldova -3.24% -23.8%
89th Mauritius -3.15% +23.0%
90th Nepal -3.12% +21.5%
91st Mauritania -3.10% -219.1%
92nd Czechia -3.07% +38.0%
93rd Slovenia -3.02% +34.6%
94th Algeria -2.96% +53.1%
95th Antigua and Barbuda -2.84% +37.1%
96th Myanmar -2.82% -14.0%
97th Costa Rica -2.81% +44.8%
98th Suriname -2.69% +52.5%
99th El Salvador -2.68% +51.5%
100th Iran, Islamic Republic of -2.64% +12.3%
101st Paraguay -2.64% +22.2%
102nd Uruguay -2.52% +3.6%
103rd Solomon Islands -2.51% -34.9%
104th Greece -2.46% +67.6%
105th Indonesia -2.31% +47.6%
106th São Tomé and Principe -2.24% -47.8%
107th Australia -2.21% +65.2%
108th Georgia -2.20% +63.2%
109th Yemen, Republic of -2.15% -141.7%
110th Sudan -2.15% -648.1%
111th Armenia -2.11% +53.9%
112th Belarus -1.98% -786.1%
113th Germany -1.91% +39.7%
114th Barbados -1.90% +56.2%
115th Guinea -1.88% -10.3%
116th Haiti -1.75% +28.5%
117th Guatemala -1.70% -45.9%
118th St. Lucia -1.66% +65.4%
119th Korea -1.49% -7,752.6%
120th Djibouti -1.48% +51.4%
121st Peru -1.38% +44.5%
122nd Russian Federation -1.34% -273.1%
123rd Slovak Republic -1.16% +77.3%
124th Cameroon -1.11% +63.0%
125th Türkiye -1.10% +63.2%
126th Estonia -1.08% +58.0%
127th Belize -1.04% +68.3%
128th Congo, Democratic Republic of -1.01% +40.1%
129th Afghanistan -1.00% -105.6%
130th West Bank and Gaza -0.92% +82.3%
131st Gabon -0.89% +53.8%
132nd Bulgaria -0.80% +71.4%
133rd Seychelles -0.76% +86.8%
134th Lithuania -0.72% +38.0%
135th Aruba -0.51% +94.9%
136th Portugal -0.31% +89.0%
137th Kyrgyz Republic -0.29% +58.4%
138th Cambodia -0.29% +94.3%
139th Tajikistan -0.23% +63.5%
140th Finland -0.18% +93.4%
141st Serbia -0.14% +95.5%
142nd Tonga -0.10% +88.4%
143rd Botswana -0.01% +99.7%
144th Netherlands 0.00% +100.1%
145th Somalia, Fed. Rep. 0.02% +102.7%
146th Ecuador 0.04% +102.8%
147th Lao PDR 0.06% +108.8%
148th Kazakhstan 0.11% +102.1%
149th Croatia 0.12% +104.7%
150th Bosnia and Herzegovina 0.15% +184.2%
151st Luxembourg 0.18% -81.6%
152nd Jamaica 0.26% -69.3%
153rd Israel 0.32% +109.5%
154th San Marino 0.42% +102.6%
155th Canada 0.56% +118.2%
156th Angola 0.58% -82.8%
157th Nicaragua 0.65% +151.5%
158th Viet Nam 0.67% +146.9%
159th Mongolia 0.67% +122.1%
160th Marshall Islands 0.68% +276.2%
161st Grenada 0.93% +184.7%
162nd Trinidad and Tobago 0.96% +111.4%
163rd Sweden 1.00% +773.2%
164th Switzerland 1.19% +512.1%
165th Singapore 1.21% +7.3%
166th Chile 1.36% +118.1%
167th Honduras 1.57% +149.6%
168th Ireland 1.67% +222.0%
169th Puerto Rico (US) 1.79% +796.1%
170th Saudi Arabia 2.24% +212.4%
171st Brunei Darussalam 2.53% +131.0%
172nd Cyprus 2.65% +261.4%
173rd Liechtenstein 3.30% +35.6%
174th Turkmenistan 3.38% +496.6%
175th Denmark 3.39% -17.8%
176th Chad 3.79% +392.9%
177th South Sudan 4.48% +148.2%
178th Andorra 4.84% +515.4%
179th Samoa 5.03% +193.5%
180th Azerbaijan 5.96% +41.8%
181st Iraq 8.10% +2,248.0%
182nd Congo, Republic of 8.94% +449.0%
183rd United Arab Emirates 9.81% +147.4%
184th Qatar 10.39% +4,175.7%
185th Oman 10.53% +431.9%
186th Equatorial Guinea 11.68% +340.4%
187th Micronesia, Federated States of 17.43% +292.3%
188th Libya 23.60% +59.1%
189th Nauru 24.27% -45.5%
190th Norway 25.45% +147.5%
191st Kuwait 29.99% +200.4%

FAQ

Which country has the highest budget deficit in 2022?

Macao SAR, China has the highest budget deficit in 2022 at -37.04%.

Which country has the lowest budget deficit in 2022?

Kuwait has the lowest budget deficit in 2022 at 29.99%.

How many countries are ranked by budget deficit?

191 countries have budget deficit data for 2022.

What are the top 3 countries by budget deficit?

1. Macao SAR, China (-37.04%), 2. Timor-Leste (-29.47%), 3. Kiribati (-18.31%).