Budget Deficit - Ranking 2023
Year
In 2023, Timor-Leste (-34.73%), Ukraine (-19.34%), and Senegal (-14.77%) ranked highest in budget deficit among all countries. Kuwait ranked lowest at 28.22%.
| Rank | Country | Value | YoY % |
|---|---|---|---|
| 1st | Timor-Leste | -34.73% | -17.8% |
| 2nd | Ukraine | -19.34% | -24.0% |
| 3rd | Senegal | -14.77% | +8.5% |
| 4th | Maldives | -13.17% | -18.0% |
| 5th | St. Vincent and the Grenadines | -11.96% | -28.0% |
| 6th | Bolivia, Plurinational State of | -10.95% | -53.7% |
| 7th | Brunei Darussalam | -10.86% | -529.2% |
| 8th | Bahrain | -9.68% | -60.6% |
| 9th | Sri Lanka | -8.32% | +18.6% |
| 10th | Guinea-Bissau | -8.15% | -34.6% |
| 11th | Malawi | -7.84% | +15.9% |
| 12th | United States | -7.80% | -109.6% |
| 13th | Pakistan | -7.76% | +1.0% |
| 14th | Brazil | -7.71% | -94.5% |
| 15th | Burundi | -7.70% | +28.3% |
| 16th | India | -7.40% | +17.5% |
| 17th | Italy | -7.24% | +10.7% |
| 18th | Fiji | -7.15% | +41.7% |
| 19th | Liberia | -7.03% | -31.8% |
| 20th | Tunisia | -7.03% | -1.7% |
| 21st | Burkina Faso | -6.91% | +36.5% |
| 22nd | Jordan | -6.89% | -1.3% |
| 23rd | Hungary | -6.75% | -9.3% |
| 24th | Togo | -6.73% | +19.3% |
| 25th | China | -6.71% | +8.3% |
| 26th | United Kingdom | -6.05% | -32.9% |
| 27th | Nepal | -5.81% | -86.2% |
| 28th | Guyana | -5.78% | -13.1% |
| 29th | Egypt, Arab Republic of | -5.77% | -0.4% |
| 30th | Kenya | -5.71% | +5.7% |
| 31st | Hong Kong SAR, China | -5.65% | +14.1% |
| 32nd | Yemen, Republic of | -5.63% | -161.9% |
| 33rd | Romania | -5.61% | +3.8% |
| 34th | South Africa | -5.55% | -30.5% |
| 35th | Algeria | -5.52% | -86.2% |
| 36th | Zambia | -5.48% | +29.9% |
| 37th | France | -5.44% | -14.8% |
| 38th | Niger | -5.37% | +20.6% |
| 39th | Argentina | -5.33% | -38.9% |
| 40th | Poland | -5.27% | -53.4% |
| 41st | Türkiye | -5.22% | -375.9% |
| 42nd | Côte d'Ivoire | -5.19% | +22.9% |
| 43rd | Myanmar | -5.18% | -83.8% |
| 44th | Slovak Republic | -5.15% | -345.3% |
| 45th | Moldova | -5.13% | -58.3% |
| 46th | Israel | -5.06% | -1,685.3% |
| 47th | Rwanda | -5.04% | +12.1% |
| 48th | Sierra Leone | -4.99% | +15.9% |
| 49th | Uganda | -4.87% | +10.5% |
| 50th | Bhutan | -4.73% | +32.0% |
| 51st | El Salvador | -4.69% | -74.6% |
| 52nd | Malta | -4.65% | +12.5% |
| 53rd | North Macedonia | -4.61% | +11.8% |
| 54th | Dominica | -4.51% | +37.4% |
| 55th | Mauritius | -4.48% | -42.4% |
| 56th | Morocco | -4.41% | +17.9% |
| 57th | Bangladesh | -4.39% | +3.1% |
| 58th | Philippines | -4.38% | +20.1% |
| 59th | Papua New Guinea | -4.34% | +17.3% |
| 60th | Mexico | -4.29% | +0.8% |
| 61st | Mozambique | -4.26% | +18.4% |
| 62nd | Botswana | -4.25% | -70,800.0% |
| 63rd | Madagascar | -4.20% | +23.2% |
| 64th | Benin | -4.13% | +25.7% |
| 65th | Belgium | -4.10% | -13.1% |
| 66th | Uzbekistan | -4.03% | -10.4% |
| 67th | Malaysia | -3.97% | +12.9% |
| 68th | Zimbabwe | -3.90% | -18.2% |
| 69th | Panama | -3.90% | +2.0% |
| 70th | Guinea | -3.86% | -105.1% |
| 71st | Paraguay | -3.81% | -44.4% |
| 72nd | Solomon Islands | -3.81% | -51.7% |
| 73rd | Czechia | -3.74% | -21.7% |
| 74th | Sudan | -3.70% | -72.1% |
| 75th | Gambia, The | -3.69% | +35.4% |
| 76th | Tanzania | -3.67% | +6.4% |
| 77th | Bahamas, The | -3.66% | +33.9% |
| 78th | Mali | -3.57% | +24.8% |
| 79th | New Zealand | -3.54% | +14.9% |
| 80th | Spain | -3.52% | +24.1% |
| 81st | Ecuador | -3.48% | -8,011.4% |
| 82nd | Djibouti | -3.46% | -133.0% |
| 83rd | Central African Republic | -3.44% | +34.3% |
| 84th | Latvia | -3.38% | +14.4% |
| 85th | Ghana | -3.37% | +71.4% |
| 86th | Dominican Republic | -3.28% | -1.0% |
| 87th | Costa Rica | -3.25% | -15.9% |
| 88th | Namibia | -3.14% | +50.3% |
| 89th | Uruguay | -3.14% | -24.4% |
| 90th | Estonia | -3.13% | -189.6% |
| 91st | Nigeria | -3.13% | +21.9% |
| 92nd | Bulgaria | -3.03% | -279.3% |
| 93rd | St. Lucia | -3.03% | -82.7% |
| 94th | Finland | -2.99% | -1,567.6% |
| 95th | Colombia | -2.92% | +53.9% |
| 96th | Cambodia | -2.83% | -861.9% |
| 97th | Peru | -2.78% | -101.1% |
| 98th | Austria | -2.62% | +20.8% |
| 99th | Slovenia | -2.59% | +14.2% |
| 100th | Iran, Islamic Republic of | -2.54% | +3.8% |
| 101st | Germany | -2.49% | -30.6% |
| 102nd | Mauritania | -2.45% | +20.9% |
| 103rd | Belize | -2.42% | -132.4% |
| 104th | Georgia | -2.33% | -6.0% |
| 105th | Iceland | -2.28% | +42.1% |
| 106th | Chile | -2.27% | -267.2% |
| 107th | Japan | -2.26% | +46.4% |
| 108th | Russian Federation | -2.22% | -65.1% |
| 109th | São Tomé and Principe | -2.13% | +4.9% |
| 110th | Armenia | -2.02% | +4.4% |
| 111th | Thailand | -1.98% | +57.1% |
| 112th | Honduras | -1.96% | -225.0% |
| 113th | Angola | -1.83% | -413.4% |
| 114th | Saudi Arabia | -1.77% | -179.1% |
| 115th | Viet Nam | -1.72% | -356.0% |
| 116th | Lebanon | -1.70% | +78.1% |
| 117th | Antigua and Barbuda | -1.70% | +40.3% |
| 118th | Barbados | -1.69% | +11.5% |
| 119th | Suriname | -1.68% | +37.6% |
| 120th | Bosnia and Herzegovina | -1.67% | -1,221.5% |
| 121st | Congo, Democratic Republic of | -1.65% | -64.6% |
| 122nd | Indonesia | -1.64% | +28.8% |
| 123rd | Kazakhstan | -1.52% | -1,550.5% |
| 124th | Greece | -1.35% | +45.0% |
| 125th | Comoros | -1.34% | +65.9% |
| 126th | Afghanistan | -1.33% | -33.4% |
| 127th | Albania | -1.32% | +63.8% |
| 128th | Australia | -1.27% | +42.7% |
| 129th | Chad | -1.26% | -133.2% |
| 130th | Guatemala | -1.25% | +26.1% |
| 131st | Serbia | -1.21% | -758.9% |
| 132nd | Trinidad and Tobago | -1.20% | -225.2% |
| 133rd | Seychelles | -1.15% | -51.1% |
| 134th | Iraq | -1.14% | -114.1% |
| 135th | West Bank and Gaza | -0.95% | -3.4% |
| 136th | Vanuatu | -0.95% | +85.4% |
| 137th | Tajikistan | -0.93% | -297.4% |
| 138th | Croatia | -0.79% | -748.4% |
| 139th | Luxembourg | -0.78% | -523.9% |
| 140th | San Marino | -0.72% | -270.8% |
| 141st | Lithuania | -0.69% | +3.8% |
| 142nd | Korea | -0.67% | +55.2% |
| 143rd | Eswatini | -0.66% | +87.6% |
| 144th | Cameroon | -0.64% | +42.9% |
| 145th | Sweden | -0.63% | -162.8% |
| 146th | Netherlands | -0.37% | -18,650.0% |
| 147th | Cabo Verde | -0.28% | +93.5% |
| 148th | St. Kitts and Nevis | -0.28% | +93.4% |
| 149th | Lao PDR | -0.01% | -120.3% |
| 150th | Jamaica | 0.04% | -86.4% |
| 151st | Somalia, Fed. Rep. | 0.05% | +100.0% |
| 152nd | Canada | 0.07% | -87.1% |
| 153rd | Turkmenistan | 0.11% | -96.7% |
| 154th | Switzerland | 0.12% | -89.8% |
| 155th | Kiribati | 0.13% | +100.7% |
| 156th | Puerto Rico (US) | 0.33% | -81.7% |
| 157th | Palau | 0.73% | +118.3% |
| 158th | Belarus | 0.76% | +138.4% |
| 159th | Haiti | 0.77% | +143.8% |
| 160th | Montenegro | 0.86% | +121.0% |
| 161st | Macao SAR, China | 1.07% | +102.9% |
| 162nd | Marshall Islands | 1.14% | +67.5% |
| 163rd | Portugal | 1.21% | +489.7% |
| 164th | Ireland | 1.52% | -8.6% |
| 165th | Kyrgyz Republic | 1.59% | +639.5% |
| 166th | Cyprus | 1.70% | -35.9% |
| 167th | Gabon | 1.79% | +301.5% |
| 168th | Andorra | 2.15% | -55.7% |
| 169th | Nicaragua | 2.31% | +256.7% |
| 170th | Equatorial Guinea | 2.39% | -79.6% |
| 171st | Samoa | 2.70% | -46.3% |
| 172nd | Mongolia | 2.73% | +306.7% |
| 173rd | Aruba | 3.09% | +711.1% |
| 174th | Denmark | 3.43% | +1.2% |
| 175th | Singapore | 3.47% | +187.1% |
| 176th | Liechtenstein | 4.37% | +32.5% |
| 177th | Qatar | 5.56% | -46.5% |
| 178th | Congo, Republic of | 5.81% | -35.1% |
| 179th | United Arab Emirates | 5.82% | -40.7% |
| 180th | Tonga | 6.14% | +6,179.2% |
| 181st | Oman | 6.87% | -34.8% |
| 182nd | Lesotho | 7.32% | +214.2% |
| 183rd | Azerbaijan | 7.92% | +32.8% |
| 184th | Grenada | 7.94% | +753.0% |
| 185th | South Sudan | 8.04% | +79.5% |
| 186th | Libya | 8.22% | -65.2% |
| 187th | Micronesia, Federated States of | 9.45% | -45.8% |
| 188th | Tuvalu | 15.34% | +205.1% |
| 189th | Norway | 16.57% | -34.9% |
| 190th | Nauru | 19.39% | -20.1% |
| 191st | Kuwait | 28.22% | -5.9% |
FAQ
Which country has the highest budget deficit in 2023?▾
Timor-Leste has the highest budget deficit in 2023 at -34.73%.
Which country has the lowest budget deficit in 2023?▾
Kuwait has the lowest budget deficit in 2023 at 28.22%.
How many countries are ranked by budget deficit?▾
191 countries have budget deficit data for 2023.
What are the top 3 countries by budget deficit?▾
1. Timor-Leste (-34.73%), 2. Ukraine (-19.34%), 3. Senegal (-14.77%).