Sri Lanka - Budget Deficit 1998
-6.79%
−1.08% from 1997
Sri Lanka's budget deficit was -6.79% in 1998, decreased +1.08% from -5.71% in 1997. This was the 18th highest globally.
Global Ranking - 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Eritrea | -40.35% | -614.4% |
| 2nd | Brunei Darussalam | -24.00% | -103.5% |
| 3rd | Lebanon | -17.27% | 29.7% |
| 4th | Seychelles | -16.67% | -182.3% |
| 5th | Gabon | -13.11% | -1,032.0% |
| 6th | Mongolia | -12.34% | -52.4% |
| 7th | Kyrgyz Republic | -11.97% | -28.6% |
| 8th | Lesotho | -11.79% | -4,515.0% |
| 9th | Japan | -10.05% | -184.9% |
| 10th | Albania | -9.93% | 16.6% |
| 11th | India | -9.74% | -17.7% |
| 12th | Saudi Arabia | -8.88% | -254.2% |
| 13th | Yemen, Republic of | -7.77% | -417.4% |
| 14th | Equatorial Guinea | -7.65% | -338.1% |
| 15th | Russian Federation | -7.42% | - |
| 16th | Hungary | -7.41% | -33.8% |
| 17th | Qatar | -7.00% | 25.6% |
| 18th | Sri Lanka | -6.79% | -18.8% |
| 19th | Vanuatu | -6.65% | -1,210.8% |
| 20th | Greece | -6.49% | -3.8% |
| 21st | Suriname | -6.39% | -1,878.3% |
| 22nd | Croatia | -6.36% | -28.9% |
| 23rd | Thailand | -6.29% | -274.3% |
| 24th | Dominica | -5.99% | -167.4% |
| 25th | Guinea-Bissau | -5.95% | -132.9% |
| 26th | Angola | -5.92% | -2,102.2% |
| 27th | Jamaica | -5.73% | 10.3% |
| 28th | Bahrain | -5.49% | 14.0% |
| 29th | Jordan | -5.40% | -81.4% |
| 30th | Slovak Republic | -5.37% | 13.9% |
| 31st | Cambodia | -5.35% | -44.5% |
| 32nd | Romania | -5.33% | -2.7% |
| 33rd | Madagascar | -5.31% | -165.8% |
| 34th | Ghana | -5.27% | 14.2% |
| 35th | Congo, Republic of | -5.16% | -240.7% |
| 36th | St. Kitts and Nevis | -5.13% | -119.8% |
| 37th | Bolivia, Plurinational State of | -5.10% | -55.4% |
| 38th | Ecuador | -5.10% | -80.5% |
| 39th | Tajikistan | -5.09% | - |
| 40th | Iran, Islamic Republic of | -5.03% | -177.8% |
| 41st | Lithuania | -4.93% | -548.2% |
| 42nd | Myanmar | -4.89% | - |
| 43rd | Mexico | -4.49% | -29.2% |
| 44th | Pakistan | -4.46% | -15.4% |
| 45th | Burundi | -4.43% | 1.0% |
| 46th | Oman | -4.37% | -191.6% |
| 47th | Portugal | -4.30% | -17.8% |
| 48th | Poland | -4.24% | 7.7% |
| 49th | Czechia | -4.14% | -32.0% |
| 50th | Georgia | -3.96% | 40.2% |
| 51st | Colombia | -3.86% | -19.7% |
| 52nd | Cyprus | -3.85% | 20.1% |
| 53rd | Djibouti | -3.59% | -25.7% |
| 54th | Algeria | -3.52% | -260.6% |
| 55th | Nigeria | -3.47% | -405.8% |
| 56th | Micronesia, Federated States of | -3.27% | -224.7% |
| 57th | Togo | -3.25% | -230.7% |
| 58th | Cabo Verde | -3.16% | 68.9% |
| 59th | Uzbekistan | -3.04% | -48.3% |
| 60th | Italy | -2.99% | -0.2% |
| 61st | Costa Rica | -2.97% | 12.5% |
| 62nd | El Salvador | -2.94% | -49.1% |
| 63rd | Tunisia | -2.84% | 23.4% |
| 64th | Syrian Arab Republic | -2.81% | -57.9% |
| 65th | Namibia | -2.76% | -15.9% |
| 66th | Belize | -2.69% | -48.8% |
| 67th | Ukraine | -2.69% | 50.0% |
| 68th | Austria | -2.68% | -12.5% |
| 69th | Guyana | -2.67% | -57.2% |
| 70th | Germany | -2.65% | 12.5% |
| 71st | Spain | -2.63% | 31.9% |
| 72nd | Burkina Faso | -2.60% | 1.7% |
| 73rd | Rwanda | -2.59% | -16.7% |
| 74th | Grenada | -2.39% | 51.5% |
| 75th | Slovenia | -2.39% | -1.1% |
| 76th | France | -2.39% | 35.5% |
| 77th | Libya | -2.36% | -12.3% |
| 78th | Guatemala | -2.29% | -190.0% |
| 79th | Maldives | -2.25% | -54.1% |
| 80th | Niger | -2.23% | 6.5% |
| 81st | Bangladesh | -2.20% | -13.2% |
| 82nd | Comoros | -2.00% | -54.1% |
| 83rd | Indonesia | -1.89% | -83.1% |
| 84th | Trinidad and Tobago | -1.83% | -1,703.5% |
| 85th | Argentina | -1.83% | 0.6% |
| 86th | St. Vincent and the Grenadines | -1.82% | 35.2% |
| 87th | Hong Kong SAR, China | -1.80% | -128.5% |
| 88th | Chad | -1.73% | 32.9% |
| 89th | Antigua and Barbuda | -1.62% | -0.6% |
| 90th | North Macedonia | -1.59% | -352.8% |
| 91st | Congo, Democratic Republic of | -1.55% | -46.6% |
| 92nd | Moldova | -1.52% | 79.6% |
| 93rd | Netherlands | -1.34% | 16.6% |
| 94th | Philippines | -1.31% | -456.7% |
| 95th | Switzerland | -1.31% | 44.0% |
| 96th | Panama | -1.11% | -189.5% |
| 97th | China | -1.08% | -48.2% |
| 98th | Mozambique | -1.08% | 40.6% |
| 99th | Belgium | -1.03% | 52.3% |
| 100th | Bosnia and Herzegovina | -0.98% | - |
| 101st | Uganda | -0.71% | 15.0% |
| 102nd | Côte d'Ivoire | -0.70% | 6.9% |
| 103rd | Latvia | -0.66% | - |
| 104th | Malaysia | -0.63% | -113.0% |
| 105th | Sudan | -0.56% | 4.9% |
| 106th | Iceland | -0.56% | -1,565.8% |
| 107th | New Zealand | -0.48% | -138.8% |
| 108th | Bahamas, The | -0.43% | 73.3% |
| 109th | Dominican Republic | -0.29% | 54.9% |
| 110th | Denmark | -0.28% | 76.8% |
| 111th | Australia | -0.25% | 50.1% |
| 112th | United Kingdom | -0.21% | 89.4% |
| 113th | Papua New Guinea | -0.17% | -124.5% |
| 114th | Viet Nam | -0.10% | - |
| 115th | Kenya | -0.03% | 96.9% |
| 116th | Central African Republic | 0.00% | 100.1% |
| 117th | Aruba | 0.11% | 105.4% |
| 118th | Tanzania | 0.13% | 611.5% |
| 119th | Canada | 0.14% | 266.7% |
| 120th | Haiti | 0.21% | -43.4% |
| 121st | Chile | 0.39% | -80.9% |
| 122nd | Estonia | 0.65% | -78.2% |
| 123rd | Sweden | 0.82% | 152.4% |
| 124th | Senegal | 0.93% | -5.4% |
| 125th | United Arab Emirates | 1.00% | -85.2% |
| 126th | Eswatini | 1.05% | -49.0% |
| 127th | Bulgaria | 1.08% | - |
| 128th | Korea | 1.09% | -52.9% |
| 129th | Turkmenistan | 1.15% | 663.7% |
| 130th | Bhutan | 1.28% | 166.6% |
| 131st | Morocco | 1.47% | -1.9% |
| 132nd | Finland | 1.54% | 216.0% |
| 133rd | Azerbaijan | 1.63% | 274.1% |
| 134th | Samoa | 1.64% | -14.8% |
| 135th | Ireland | 2.07% | 50.8% |
| 136th | St. Lucia | 2.22% | 301.5% |
| 137th | Singapore | 2.41% | -57.4% |
| 138th | Guinea | 2.46% | 3,628.8% |
| 139th | Benin | 2.50% | 291.3% |
| 140th | Honduras | 2.89% | 3,516.3% |
| 141st | Luxembourg | 2.98% | 12.4% |
| 142nd | Norway | 3.07% | -58.3% |
| 143rd | Paraguay | 4.28% | 42.4% |
| 144th | Solomon Islands | 5.04% | 136.0% |
| 145th | Fiji | 5.40% | 219.8% |
| 146th | Barbados | 5.95% | 9.3% |
| 147th | Marshall Islands | 13.53% | 71.1% |
| 148th | Kiribati | 14.58% | 146.4% |
| 149th | Kuwait | 19.49% | -33.9% |
FAQ
What was Sri Lanka's budget deficit in 1998?▾
Sri Lanka's budget deficit in 1998 was -6.79%. This ranked 18th globally.
How did Sri Lanka's budget deficit change in 1998?▾
Sri Lanka's budget deficit decreased by 18.8% in 1998 compared to 1997.
Which country had the highest budget deficit in 1998?▾
Kuwait had the highest budget deficit in 1998 at 19.49%.
What is the budget deficit of Sri Lanka in 1998?▾
The budget deficit of Sri Lanka in 1998 was -6.79%. This ranked 18th globally.
How does 1998 compare to 1997 for Sri Lanka's budget deficit?▾
Sri Lanka's budget deficit went from -5.71% in 1997 to -6.79% in 1998, a 18.8% decrease.
Related
1997
1999
All years
Full ranking 1998
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 1992
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Bolivia, Plurinational State of
vs Eswatini
vs Djibouti
vs Philippines
Global Ranking