Government Budget Balance by Country
Each government's budget surplus or deficit for its latest full year, as a share of GDP. Below zero is a deficit.
Highest3.6%Cyprus, 2025
Middle of the 54−2.9%Germany, 2025
Lowest−7.9%China, 2025
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54 countries, 2025
Every figure is for 2025, the last completed year. A year still in progress is never shown for a flow, because a part-year total isn't comparable. Click any column to sort.
| # | Country | Balance, % of GDP | Change | Period | 5-year trend | Source |
|---|---|---|---|---|---|---|
| 1 | CyprusEurope | 3.6% | −0.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 2 | DenmarkScandinavia | 2.9% | −1.2pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 3 | GreeceEurope | 2.0% | +0.6pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 4 | IrelandEurope | 1.8% | −2.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 5 | PortugalEurope | 0.7% | No change | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 6 | TaiwanAsia | 0.3% | −0.2pp | 2025Annual | IMFWorld | |
| 7 | VietnamAsia | 0.0% | +0.9pp | 2025Annual | IMFWorld | |
| 8 | ArgentinaSouth America | −0.2% | −0.6pp | 2025Annual | IMFWorld | |
| 9 | JapanAsia | −0.7% | +0.9pp | 2025Annual | IMFWorld | |
| 10 | NetherlandsEurope | −1.6% | −0.9pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 11 | SwedenScandinavia | −1.6% | No change | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 12 | CanadaNorth America | −1.7% | +0.5pp | 2025Annual | IMFWorld | |
| 13 | NigeriaAfrica | −1.8% | −0.5pp | 2025Annual | IMFWorld | |
| 14 | LuxembourgEurope | −1.8% | −2.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 15 | LithuaniaEurope | −1.8% | −0.5pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 16 | EstoniaEurope | −2.0% | −0.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 17 | MaltaEurope | −2.1% | +1.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 18 | CzechiaEurope | −2.2% | −0.2pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 19 | South KoreaAsia | −2.3% | −1.5pp | 2025Annual | IMFWorld | |
| 20 | PeruSouth America | −2.4% | +1.2pp | 2025Annual | IMFWorld | |
| 21 | SpainEurope | −2.4% | +0.8pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 22 | SloveniaEurope | −2.5% | −1.7pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 23 | LatviaEurope | −2.5% | −0.7pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 24 | IcelandEurope | −2.6% | +1.4pp | 2025Annual | IMFWorld | |
| 25 | TurkeyEurope | −2.8% | +2.3pp | 2025Annual | IMFWorld | |
| 26 | ChileSouth America | −2.8% | +0.1pp | 2025Annual | IMFWorld | |
| 27 | AustraliaOceania | −2.9% | −0.8pp | 2025Annual | IMFWorld | |
| 28 | GermanyEurope | −2.9% | −0.2pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 29 | IndonesiaAsia | −2.9% | −0.6pp | 2025Annual | IMFWorld | |
| 30 | CroatiaEurope | −3.0% | −0.5pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 31 | EurozoneEurope | −3.0% | No change | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 32 | ItalyEurope | −3.1% | +0.3pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 33 | MalaysiaAsia | −3.5% | −0.1pp | 2025Annual | IMFWorld | |
| 34 | FinlandEurope | −3.8% | +0.6pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 35 | New ZealandOceania | −4.0% | −0.8pp | 2025Annual | IMFWorld | |
| 36 | BulgariaEurope | −4.0% | −1.0pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 37 | AustriaEurope | −4.1% | +0.5pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 38 | SlovakiaEurope | −4.4% | +1.0pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 39 | PhilippinesAsia | −4.5% | No change | 2025Annual | IMFWorld | |
| 40 | Hong KongAsia | −4.5% | +1.2pp | 2025Annual | IMFWorld | |
| 41 | HungaryEurope | −4.7% | +0.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 42 | MexicoNorth America | −4.9% | +0.9pp | 2025Annual | IMFWorld | |
| 43 | FranceEurope | −5.1% | +0.7pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 44 | BelgiumEurope | −5.2% | −0.8pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 45 | PakistanAsia | −5.4% | +1.4pp | 2025Annual | IMFWorld | |
| 46 | South AfricaAfrica | −5.6% | +0.1pp | 2025Annual | IMFWorld | |
| 47 | ColombiaSouth America | −5.8% | +0.3pp | 2025Annual | IMFWorld | |
| 48 | Saudi ArabiaMiddle East | −5.8% | −3.3pp | 2025Annual | IMFWorld | |
| 49 | EgyptAfrica | −6.6% | +0.6pp | 2025Annual | IMFWorld | |
| 50 | PolandEurope | −7.2% | −0.8pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 51 | IndiaAsia | −7.4% | +0.5pp | 2025Annual | IMFWorld | |
| 52 | BrazilSouth America | −7.4% | −1.1pp | 2025Annual | IMFWorld | |
| 53 | RomaniaEurope | −7.8% | +1.4pp | 2025Annual | Eurostatgov_10dd_edpt1 | |
| 54 | ChinaAsia | −7.9% | −0.6pp | 2025Annual | IMFWorld |
Not ranked here: Israel (no 2025 figure yet, latest is 2024); Morocco (no 2025 figure yet, latest is 2024); Norway (published quarterly, not annual); UK (published monthly, not annual); US (published monthly, not annual). Each still has its own page.
Figures come from national statistics offices, central banks, Eurostat, the OECD, the IMF and the World Bank, the same sources cited on each country's page, and refresh every hour. For the same year across every country, use Compare.
More rankings
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