Tuvalu - Budget Deficit 2018
30.29%
+28.19% from 2017
Tuvalu's budget deficit was 30.29% in 2018, increased +28.19% from 2.10% in 2017. This was the 192nd highest globally.
Global Ranking - 2018▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -26.91% | 20.3% |
| 2nd | Dominica | -17.19% | -426.2% |
| 3rd | Lebanon | -11.30% | -30.6% |
| 4th | Bahrain | -11.28% | 15.7% |
| 5th | Egypt, Arab Republic of | -8.98% | 9.3% |
| 6th | Suriname | -8.56% | 0.7% |
| 7th | Zambia | -8.31% | -10.8% |
| 8th | Bolivia, Plurinational State of | -8.17% | -4.0% |
| 9th | Sudan | -7.92% | -30.5% |
| 10th | Yemen, Republic of | -7.85% | -60.0% |
| 11th | Mozambique | -7.39% | -154.5% |
| 12th | Brazil | -6.99% | 12.3% |
| 13th | Kenya | -6.94% | 6.2% |
| 14th | Ghana | -6.79% | -71.2% |
| 15th | Oman | -6.72% | 35.8% |
| 16th | Burundi | -6.66% | -33.0% |
| 17th | Eswatini | -6.58% | -16.8% |
| 18th | India | -6.34% | -1.8% |
| 19th | Montenegro | -6.30% | 8.6% |
| 20th | Algeria | -6.15% | 18.5% |
| 21st | Trinidad and Tobago | -5.89% | 43.6% |
| 22nd | Nepal | -5.83% | -116.9% |
| 23rd | Jordan | -5.78% | -60.1% |
| 24th | Pakistan | -5.67% | -9.7% |
| 25th | Costa Rica | -5.66% | 3.7% |
| 26th | Argentina | -5.44% | 18.7% |
| 27th | United States | -5.34% | -11.3% |
| 28th | Saudi Arabia | -5.21% | 39.2% |
| 29th | Maldives | -5.17% | -71.1% |
| 30th | Namibia | -5.09% | -2.0% |
| 31st | Botswana | -5.03% | -340.2% |
| 32nd | Sri Lanka | -4.96% | 2.8% |
| 33rd | Fiji | -4.82% | -111.0% |
| 34th | Guinea-Bissau | -4.76% | -260.6% |
| 35th | Mali | -4.74% | -65.7% |
| 36th | Liberia | -4.70% | 34.1% |
| 37th | Colombia | -4.67% | -87.0% |
| 38th | Lao PDR | -4.47% | 19.0% |
| 39th | Burkina Faso | -4.43% | 35.9% |
| 40th | Lesotho | -4.41% | -118.7% |
| 41st | Malawi | -4.35% | 15.6% |
| 42nd | Nicaragua | -4.35% | -147.6% |
| 43rd | Tunisia | -4.27% | 23.9% |
| 44th | China | -4.20% | -25.8% |
| 45th | Bangladesh | -4.07% | 2.4% |
| 46th | Gambia, The | -3.92% | 9.8% |
| 47th | Zimbabwe | -3.81% | 48.3% |
| 48th | South Africa | -3.73% | 7.1% |
| 49th | Senegal | -3.66% | -23.4% |
| 50th | Brunei Darussalam | -3.59% | 65.5% |
| 51st | Sierra Leone | -3.57% | 36.3% |
| 52nd | Israel | -3.56% | -214.2% |
| 53rd | Morocco | -3.52% | -6.6% |
| 54th | Cyprus | -3.36% | -258.0% |
| 55th | Bahamas, The | -3.28% | 45.7% |
| 56th | Türkiye | -3.10% | -65.9% |
| 57th | Nigeria | -3.06% | 20.3% |
| 58th | Uganda | -3.02% | 21.0% |
| 59th | Niger | -3.01% | 26.9% |
| 60th | Benin | -2.96% | 29.3% |
| 61st | Côte d'Ivoire | -2.91% | 11.3% |
| 62nd | Panama | -2.88% | -49.8% |
| 63rd | Ecuador | -2.80% | 51.4% |
| 64th | Myanmar | -2.77% | 19.2% |
| 65th | Romania | -2.74% | 4.1% |
| 66th | El Salvador | -2.71% | -7.0% |
| 67th | Tajikistan | -2.69% | 52.4% |
| 68th | Malaysia | -2.65% | -9.7% |
| 69th | Aruba | -2.64% | -2.1% |
| 70th | Papua New Guinea | -2.58% | -4.2% |
| 71st | Spain | -2.58% | 16.8% |
| 72nd | Rwanda | -2.57% | -2.2% |
| 73rd | Guyana | -2.52% | 19.6% |
| 74th | Japan | -2.47% | 20.3% |
| 75th | West Bank and Gaza | -2.46% | 11.6% |
| 76th | Antigua and Barbuda | -2.43% | 10.6% |
| 77th | Cameroon | -2.41% | 49.0% |
| 78th | Cabo Verde | -2.36% | 10.3% |
| 79th | France | -2.32% | 31.0% |
| 80th | United Kingdom | -2.27% | 8.9% |
| 81st | Italy | -2.19% | 12.6% |
| 82nd | Dominican Republic | -2.18% | 30.4% |
| 83rd | Mauritius | -2.15% | -33.4% |
| 84th | Mexico | -2.14% | -106.9% |
| 85th | Ukraine | -2.12% | 9.8% |
| 86th | Hungary | -2.05% | 16.7% |
| 87th | São Tomé and Principe | -2.02% | 34.9% |
| 88th | Tanzania | -2.01% | -76.0% |
| 89th | Djibouti | -1.98% | -839.8% |
| 90th | Peru | -1.94% | 30.3% |
| 91st | Uruguay | -1.89% | 24.8% |
| 92nd | Guatemala | -1.88% | -35.9% |
| 93rd | North Macedonia | -1.76% | 35.8% |
| 94th | Armenia | -1.75% | 63.4% |
| 95th | Indonesia | -1.69% | 25.4% |
| 96th | St. Vincent and the Grenadines | -1.65% | -5.4% |
| 97th | Albania | -1.60% | -13.6% |
| 98th | Iran, Islamic Republic of | -1.59% | -2.7% |
| 99th | San Marino | -1.56% | 55.4% |
| 100th | Bhutan | -1.52% | 66.2% |
| 101st | Philippines | -1.48% | -97.3% |
| 102nd | Chile | -1.48% | 43.6% |
| 103rd | Belize | -1.37% | 60.8% |
| 104th | Comoros | -1.35% | -1,274.5% |
| 105th | Congo, Democratic Republic of | -1.34% | -2,475.0% |
| 106th | Madagascar | -1.34% | 36.4% |
| 107th | Australia | -1.26% | 26.7% |
| 108th | Estonia | -1.15% | -7.5% |
| 109th | Haiti | -1.13% | -256.3% |
| 110th | South Sudan | -1.06% | -111.1% |
| 111th | Belgium | -1.05% | -37.4% |
| 112th | St. Lucia | -1.03% | 9.2% |
| 113th | Viet Nam | -1.02% | 48.0% |
| 114th | Paraguay | -1.01% | -131.0% |
| 115th | Slovak Republic | -1.01% | -2.1% |
| 116th | Guinea | -0.97% | 50.9% |
| 117th | Central African Republic | -0.93% | 6.5% |
| 118th | Finland | -0.87% | -38.6% |
| 119th | Moldova | -0.85% | -31.2% |
| 120th | Georgia | -0.80% | -77.7% |
| 121st | Seychelles | -0.80% | 52.0% |
| 122nd | Latvia | -0.77% | 10.3% |
| 123rd | Togo | -0.59% | -184.1% |
| 124th | Kyrgyz Republic | -0.59% | 84.2% |
| 125th | Portugal | -0.43% | 85.8% |
| 126th | Barbados | -0.34% | 91.2% |
| 127th | Poland | -0.25% | 83.5% |
| 128th | Turkmenistan | -0.22% | 92.4% |
| 129th | Gabon | -0.21% | 87.5% |
| 130th | Puerto Rico (US) | 0.03% | 102.3% |
| 131st | Somalia, Fed. Rep. | 0.03% | -91.7% |
| 132nd | Samoa | 0.06% | 102.9% |
| 133rd | Ireland | 0.09% | 130.2% |
| 134th | Bulgaria | 0.12% | -85.1% |
| 135th | Austria | 0.20% | 125.1% |
| 136th | Honduras | 0.20% | 148.3% |
| 137th | Thailand | 0.20% | 148.7% |
| 138th | Croatia | 0.24% | -70.6% |
| 139th | Cambodia | 0.28% | 136.4% |
| 140th | Canada | 0.36% | 421.4% |
| 141st | Equatorial Guinea | 0.52% | 120.2% |
| 142nd | Lithuania | 0.52% | 45.0% |
| 143rd | Sweden | 0.67% | -47.8% |
| 144th | Greece | 0.78% | -26.3% |
| 145th | Serbia | 0.78% | -40.9% |
| 146th | Denmark | 0.81% | -52.0% |
| 147th | Czechia | 0.88% | -39.6% |
| 148th | Slovenia | 0.90% | 1,559.3% |
| 149th | Iceland | 0.94% | -2.6% |
| 150th | Jamaica | 1.10% | 159.8% |
| 151st | New Zealand | 1.27% | -6.4% |
| 152nd | Switzerland | 1.29% | 14.2% |
| 153rd | Chad | 1.39% | 888.1% |
| 154th | Solomon Islands | 1.49% | 165.5% |
| 155th | Netherlands | 1.50% | 10.4% |
| 156th | Bosnia and Herzegovina | 1.63% | -8.8% |
| 157th | Afghanistan | 1.63% | 342.8% |
| 158th | Uzbekistan | 1.64% | 57.0% |
| 159th | St. Kitts and Nevis | 1.80% | 6.8% |
| 160th | Belarus | 1.81% | 635.6% |
| 161st | Malta | 1.86% | -45.4% |
| 162nd | Germany | 1.88% | 40.8% |
| 163rd | Angola | 2.03% | 135.3% |
| 164th | Qatar | 2.26% | 133.1% |
| 165th | Hong Kong SAR, China | 2.35% | -57.2% |
| 166th | Korea | 2.42% | 16.7% |
| 167th | Marshall Islands | 2.55% | -41.7% |
| 168th | Kazakhstan | 2.58% | 160.5% |
| 169th | Andorra | 2.67% | -20.0% |
| 170th | Liechtenstein | 2.82% | 3.0% |
| 171st | Mongolia | 2.85% | 176.8% |
| 172nd | Tonga | 2.92% | -18.4% |
| 173rd | Russian Federation | 2.92% | 299.0% |
| 174th | Luxembourg | 3.18% | 132.3% |
| 175th | Mauritania | 3.23% | 507.7% |
| 176th | United Arab Emirates | 3.65% | 2,398.1% |
| 177th | Singapore | 3.68% | -29.8% |
| 178th | Grenada | 4.92% | 63.0% |
| 179th | Kiribati | 5.18% | -84.8% |
| 180th | Congo, Republic of | 5.22% | 193.7% |
| 181st | Eritrea | 5.22% | 191.1% |
| 182nd | Azerbaijan | 5.43% | 504.5% |
| 183rd | Palau | 6.19% | 30.0% |
| 184th | Vanuatu | 6.26% | 621.3% |
| 185th | Iraq | 7.69% | 605.3% |
| 186th | Norway | 7.81% | 57.6% |
| 187th | Libya | 9.39% | 184.9% |
| 188th | Macao SAR, China | 13.33% | 0.4% |
| 189th | Kuwait | 17.52% | 14.9% |
| 190th | Micronesia, Federated States of | 24.68% | 70.4% |
| 191st | Nauru | 29.56% | 82.8% |
| 192nd | Tuvalu | 30.29% | 1,345.7% |
FAQ
What was Tuvalu's budget deficit in 2018?▾
Tuvalu's budget deficit in 2018 was 30.29%. This ranked 192nd globally.
How did Tuvalu's budget deficit change in 2018?▾
Tuvalu's budget deficit increased by 1,345.7% in 2018 compared to 2017.
Which country had the highest budget deficit in 2018?▾
Tuvalu had the highest budget deficit in 2018 at 30.29%.
What is the budget deficit of Tuvalu in 2018?▾
The budget deficit of Tuvalu in 2018 was 30.29%. This ranked 192nd globally.
How does 2018 compare to 2017 for Tuvalu's budget deficit?▾
Tuvalu's budget deficit went from 2.10% in 2017 to 30.29% in 2018, a 1,345.7% increase.
Related
2017
2019
All years
Full ranking 2018
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2018
Lowest: 2006
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
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vs Samoa
vs El Salvador
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Global Ranking