Budget Deficit - Ranking 2024
Year
In 2024, Timor-Leste (-43.51%), Libya (-25.05%), and Kiribati (-22.00%) ranked highest in budget deficit among all countries. Nauru ranked lowest at 29.78%.
| Rank | Country | Value | YoY % |
|---|---|---|---|
| 1st | Timor-Leste | -43.51% | -25.3% |
| 2nd | Libya | -25.05% | -404.9% |
| 3rd | Kiribati | -22.00% | -17,287.5% |
| 4th | Ukraine | -17.21% | +11.0% |
| 5th | Maldives | -13.90% | -5.6% |
| 6th | Algeria | -13.79% | -150.0% |
| 7th | Senegal | -13.42% | +9.1% |
| 8th | St. Vincent and the Grenadines | -12.90% | -7.8% |
| 9th | St. Kitts and Nevis | -10.99% | -3,897.5% |
| 10th | Malawi | -10.99% | -40.2% |
| 11th | Bolivia, Plurinational State of | -10.62% | +3.0% |
| 12th | Bahrain | -10.62% | -9.7% |
| 13th | Brunei Darussalam | -10.20% | +6.1% |
| 14th | Romania | -8.68% | -54.7% |
| 15th | Israel | -8.26% | -63.4% |
| 16th | Tuvalu | -8.23% | -153.6% |
| 17th | United States | -8.03% | -3.0% |
| 18th | India | -7.90% | -6.8% |
| 19th | Botswana | -7.78% | -82.9% |
| 20th | Togo | -7.43% | -10.4% |
| 21st | Panama | -7.42% | -90.0% |
| 22nd | China | -7.34% | -9.5% |
| 23rd | Jordan | -7.33% | -6.4% |
| 24th | Ghana | -7.31% | -117.3% |
| 25th | Guyana | -7.31% | -26.4% |
| 26th | Guinea-Bissau | -7.26% | +11.0% |
| 27th | Mauritius | -7.20% | -60.9% |
| 28th | Egypt, Arab Republic of | -7.12% | -23.4% |
| 29th | Pakistan | -6.81% | +12.3% |
| 30th | Poland | -6.59% | -24.9% |
| 31st | Rwanda | -6.57% | -30.3% |
| 32nd | Colombia | -6.25% | -113.7% |
| 33rd | Brazil | -6.19% | +19.7% |
| 34th | Mozambique | -6.17% | -44.9% |
| 35th | Tunisia | -5.92% | +15.7% |
| 36th | Burkina Faso | -5.84% | +15.6% |
| 37th | Hong Kong SAR, China | -5.82% | -2.9% |
| 38th | South Africa | -5.79% | -4.4% |
| 39th | France | -5.77% | -6.1% |
| 40th | Kenya | -5.77% | -1.0% |
| 41st | United Kingdom | -5.75% | +5.0% |
| 42nd | Mexico | -5.73% | -33.5% |
| 43rd | Sri Lanka | -5.64% | +32.3% |
| 44th | Slovak Republic | -5.27% | -2.3% |
| 45th | Trinidad and Tobago | -5.27% | -340.0% |
| 46th | Central African Republic | -5.09% | -48.0% |
| 47th | Myanmar | -5.06% | +2.3% |
| 48th | Guinea | -4.99% | -29.4% |
| 49th | Hungary | -4.92% | +27.2% |
| 50th | Burundi | -4.84% | +37.1% |
| 51st | Austria | -4.64% | -77.2% |
| 52nd | Türkiye | -4.57% | +12.4% |
| 53rd | El Salvador | -4.55% | +2.9% |
| 54th | Sierra Leone | -4.53% | +9.2% |
| 55th | Belgium | -4.52% | -10.4% |
| 56th | North Macedonia | -4.45% | +3.6% |
| 57th | Finland | -4.41% | -47.6% |
| 58th | Niger | -4.27% | +20.6% |
| 59th | Iraq | -4.14% | -263.1% |
| 60th | Gambia, The | -4.08% | -10.6% |
| 61st | Uganda | -3.99% | +18.0% |
| 62nd | Côte d'Ivoire | -3.97% | +23.7% |
| 63rd | Malaysia | -3.95% | +0.5% |
| 64th | Morocco | -3.92% | +11.0% |
| 65th | Moldova | -3.88% | +24.3% |
| 66th | Gabon | -3.84% | -313.9% |
| 67th | Iran, Islamic Republic of | -3.83% | -50.8% |
| 68th | Costa Rica | -3.78% | -16.3% |
| 69th | Philippines | -3.78% | +13.6% |
| 70th | Bangladesh | -3.70% | +15.8% |
| 71st | Armenia | -3.69% | -82.8% |
| 72nd | New Zealand | -3.61% | -1.9% |
| 73rd | Namibia | -3.59% | -14.2% |
| 74th | Malta | -3.58% | +23.0% |
| 75th | West Bank and Gaza | -3.54% | -271.5% |
| 76th | Peru | -3.54% | -27.3% |
| 77th | Iceland | -3.51% | -54.0% |
| 78th | Fiji | -3.50% | +51.1% |
| 79th | Sudan | -3.46% | +6.4% |
| 80th | Italy | -3.45% | +52.4% |
| 81st | Zambia | -3.32% | +39.4% |
| 82nd | Papua New Guinea | -3.23% | +25.5% |
| 83rd | Uruguay | -3.22% | -2.6% |
| 84th | Spain | -3.15% | +10.5% |
| 85th | Dominican Republic | -3.09% | +5.9% |
| 86th | Solomon Islands | -3.08% | +19.0% |
| 87th | Benin | -3.06% | +25.8% |
| 88th | Bulgaria | -3.04% | -0.1% |
| 89th | Tanzania | -3.03% | +17.5% |
| 90th | Comoros | -2.92% | -117.8% |
| 91st | Chile | -2.82% | -23.8% |
| 92nd | Montenegro | -2.81% | -428.4% |
| 93rd | Nepal | -2.76% | +52.5% |
| 94th | Cambodia | -2.67% | +5.4% |
| 95th | Germany | -2.66% | -6.8% |
| 96th | Djibouti | -2.60% | +24.8% |
| 97th | Mali | -2.57% | +28.2% |
| 98th | Saudi Arabia | -2.49% | -40.5% |
| 99th | Madagascar | -2.48% | +40.9% |
| 100th | Yemen, Republic of | -2.48% | +56.0% |
| 101st | Suriname | -2.42% | -44.4% |
| 102nd | Uzbekistan | -2.37% | +41.2% |
| 103rd | Vanuatu | -2.34% | -146.8% |
| 104th | Indonesia | -2.30% | -40.0% |
| 105th | Georgia | -2.30% | +1.5% |
| 106th | Australia | -2.25% | -77.4% |
| 107th | Dominica | -2.20% | +51.2% |
| 108th | Paraguay | -2.12% | +44.4% |
| 109th | Chad | -2.11% | -68.0% |
| 110th | St. Lucia | -2.11% | +30.5% |
| 111th | Canada | -2.01% | -2,897.2% |
| 112th | Czechia | -1.99% | +46.6% |
| 113th | Liberia | -1.98% | +71.8% |
| 114th | Croatia | -1.95% | -146.9% |
| 115th | Bosnia and Herzegovina | -1.88% | -12.6% |
| 116th | Latvia | -1.82% | +46.0% |
| 117th | Serbia | -1.75% | -44.8% |
| 118th | Sweden | -1.72% | -173.0% |
| 119th | Russian Federation | -1.60% | +27.7% |
| 120th | Kazakhstan | -1.60% | -4.9% |
| 121st | Nigeria | -1.57% | +49.9% |
| 122nd | Viet Nam | -1.54% | +10.6% |
| 123rd | Japan | -1.53% | +32.3% |
| 124th | Estonia | -1.51% | +51.7% |
| 125th | Cameroon | -1.48% | -133.2% |
| 126th | Congo, Democratic Republic of | -1.48% | +10.6% |
| 127th | Mauritania | -1.35% | +44.8% |
| 128th | Eswatini | -1.34% | -104.7% |
| 129th | Thailand | -1.29% | +34.5% |
| 130th | Lithuania | -1.28% | -86.5% |
| 131st | Ecuador | -1.28% | +63.3% |
| 132nd | Belize | -1.23% | +49.2% |
| 133rd | Bahamas, The | -1.20% | +67.2% |
| 134th | Honduras | -1.12% | +43.1% |
| 135th | Cabo Verde | -1.07% | -283.5% |
| 136th | Zimbabwe | -1.06% | +73.0% |
| 137th | Angola | -1.01% | +44.9% |
| 138th | Guatemala | -0.96% | +23.3% |
| 139th | Netherlands | -0.95% | -154.7% |
| 140th | Slovenia | -0.93% | +63.9% |
| 141st | Barbados | -0.88% | +47.9% |
| 142nd | Korea | -0.78% | -17.0% |
| 143rd | Albania | -0.73% | +45.0% |
| 144th | Seychelles | -0.69% | +39.5% |
| 145th | Equatorial Guinea | -0.55% | -123.2% |
| 146th | Afghanistan | -0.54% | +59.4% |
| 147th | Puerto Rico (US) | -0.54% | -264.5% |
| 148th | San Marino | -0.53% | +26.7% |
| 149th | Lebanon | -0.19% | +89.0% |
| 150th | Bhutan | -0.17% | +96.5% |
| 151st | Turkmenistan | -0.08% | -175.5% |
| 152nd | Somalia, Fed. Rep. | 0.17% | +243.8% |
| 153rd | Jamaica | 0.22% | +525.7% |
| 154th | Tajikistan | 0.28% | +129.7% |
| 155th | Argentina | 0.46% | +108.6% |
| 156th | Switzerland | 0.58% | +373.0% |
| 157th | Qatar | 0.70% | -87.5% |
| 158th | Portugal | 0.70% | -42.3% |
| 159th | São Tomé and Principe | 0.92% | +143.2% |
| 160th | Luxembourg | 1.03% | +232.1% |
| 161st | Belarus | 1.05% | +38.1% |
| 162nd | Greece | 1.34% | +199.1% |
| 163rd | Mongolia | 1.39% | -49.0% |
| 164th | Antigua and Barbuda | 1.61% | +195.0% |
| 165th | Palau | 1.67% | +129.3% |
| 166th | Kyrgyz Republic | 1.87% | +17.8% |
| 167th | Lao PDR | 2.34% | +19,591.7% |
| 168th | Nicaragua | 2.48% | +7.5% |
| 169th | Andorra | 2.86% | +33.3% |
| 170th | Oman | 3.31% | -51.8% |
| 171st | Liechtenstein | 3.33% | -23.7% |
| 172nd | Marshall Islands | 3.61% | +216.5% |
| 173rd | Congo, Republic of | 3.62% | -37.7% |
| 174th | Aruba | 3.77% | +22.1% |
| 175th | Azerbaijan | 4.06% | -48.8% |
| 176th | Ireland | 4.09% | +168.1% |
| 177th | Tonga | 4.17% | -32.1% |
| 178th | Cyprus | 4.28% | +152.1% |
| 179th | Singapore | 4.44% | +28.0% |
| 180th | Denmark | 4.46% | +30.0% |
| 181st | United Arab Emirates | 6.42% | +10.3% |
| 182nd | Grenada | 6.66% | -16.1% |
| 183rd | Macao SAR, China | 6.91% | +544.6% |
| 184th | Haiti | 6.96% | +806.4% |
| 185th | Lesotho | 9.04% | +23.6% |
| 186th | Micronesia, Federated States of | 9.19% | -2.8% |
| 187th | Samoa | 9.29% | +243.9% |
| 188th | South Sudan | 11.68% | +45.4% |
| 189th | Norway | 13.25% | -20.1% |
| 190th | Kuwait | 23.79% | -15.7% |
| 191st | Nauru | 29.78% | +53.6% |
FAQ
Which country has the highest budget deficit in 2024?▾
Timor-Leste has the highest budget deficit in 2024 at -43.51%.
Which country has the lowest budget deficit in 2024?▾
Nauru has the lowest budget deficit in 2024 at 29.78%.
How many countries are ranked by budget deficit?▾
191 countries have budget deficit data for 2024.
What are the top 3 countries by budget deficit?▾
1. Timor-Leste (-43.51%), 2. Libya (-25.05%), 3. Kiribati (-22.00%).