The United States had the largest account deficit of the G7 countries between 2010 and 2023. Moreover, its deficit increased sharply from 2019 to 2022, from minus *** billion U.S. dollars to minus ************ dollars in 2024. The account balance of the other six countries fluctuated more, with Germany having the highest positive balance at *** billion U.S. dollars. In terms of share of gross domestic product (GDP), the United Kingdom had the highest account balance deficit of the G7.

The average for 2022 based on 174 countries was 59.99 percent. The highest value was in Japan: 236.58 percent and the lowest value was in Liechtenstein: 0.5 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

This dataset provides values for GOVERNMENT BUDGET reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In the fourth quarter of 2024, the average budget deficit in the European Union was 3.4 percent. Nearly all countries from the CEE region (except for Bulgaria, Latvia, Slovenia) recorded a budget deficit in this period. The highest deficit was recorded in Romania (-9.9 percent of GDP). It was followed by Slovakia and Poland, respectively.

The statistic depicts the budgetary balance in EU countries in 2023 in relation to the gross domestic product (GDP). A positive value indicates a budget surplus, while a negative value indicates a budget deficit. In 2023, Spain's budget deficit amounted to 3.6 percent of the GDP.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows the budget balance in relation to GDP of the ASEAN countries in Asia between 2020 and 2030. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. A positive value indicates a budget surplus, a negative value indicates a deficit. In 2023, Indonesia's deficit amounted to around **** percent of GDP.

Key information about China Consolidated Fiscal Balance: % of GDP

• China Consolidated Fiscal Balance recorded a deficit equal to 4.8 % of its Nominal GDP in Dec 2024, compared with a deficit equal to 4.9 % in the previous quarter
• China Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1995 to Dec 2024, with an average ratio of -2.0 %
• The data reached an all-time high of 1.4 % in Jun 2008 and a record low of -6.1 % in Dec 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance provides year-to-date Consolidated Fiscal Balance in local currency. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to Q4 2007 is calculated from non year-to-date Consolidated Fiscal Balance.


Further information about China Consolidated Fiscal Balance: % of GDP

• In the latest reports, China National Government Debt reached 4,230.0 USD bn in Dec 2023
• China Nominal GDP reached 4,166.8 USD bn in Mar 2023

European Union - General gov. deficit (-) and surplus (+) was -3.40% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - General gov. deficit (-) and surplus (+) - last updated from the EUROSTAT on June of 2025. Historically, European Union - General gov. deficit (-) and surplus (+) reached a record high of -0.20% in June of 2019 and a record low of -11.60% in June of 2020.

The statistic shows the 20 countries with the lowest national debt in 2023 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance. In 2023, Russia's estimated level of national debt reached about 19.66 percent of the GDP, ranking 17th of the countries with the lowest national debt. National debt and GDP The debt-to-GDP ratio is an indicator of a country’s ability to produce and sell goods in order to pay back any present debts, however these countries should not retain newer debts in the process. Many economists believe that if a country is able to produce more without impairing its own economical growth, it can be considered more stable, particularly for the future. However, the listed countries, with the exception of Russia and Saudi Arabia, are not necessarily economic first-world powers. Additionally, economically powerful countries such as the United States and France maintain one of the highest debt-to-GDP ratios, signifying that occurring debt does not necessarily damage the state of the economy and is sometimes necessary in order to help develop it. Saudi Arabia has maintained one of the lowest debt-to-GDP ratios due to its high export rates, which primarily consist of petroleum and petroleum goods. Given the significance of oil in today’s world, Saudi Arabia produces enough oil and earns enough revenue to maintain a high GDP and additionally refrain from incurring debt.

Graph and download economic data for Cash surplus/deficit (% of GDP) for Developing Countries in Europe and Central Asia (GCBALCASHGDZSECA) from 1990 to 2014 about Central Asia, cash, budget, Europe, and GDP.

This dataset provides values for CASH SURPLUS DEFICIT PERCENT OF GDP WB DATA.HTML. reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about EU Consolidated Fiscal Balance: % of GDP

• European Union Consolidated Fiscal Balance recorded a deficit equal to 3.5 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 3.2 % in the previous year
• EU Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1995 to Dec 2023, with an average ratio of -2.7 %
• The data reached an all-time high of -0.4 % in Dec 2018 and a record low of -7.2 % in Dec 1995

CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and quarterly Nominal GDP. Eurostat provides Consolidated Fiscal Balance in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Further information about EU Consolidated Fiscal Balance: % of GDP

• In the latest reports, EU National Government Debt reached 16,136.9 USD bn in Sep 2024
• EU Nominal GDP reached 4,430.4 USD bn in Mar 2023

The average for 2022 based on 175 countries was -2.64 percent. The highest value was in Kiribati: 35.68 percent and the lowest value was in Palau: -60.03 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2025 based on 81 countries was -3.05 percent. The highest value was in Cyprus: 2.87 percent and the lowest value was in Egypt: -12.13 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

Key information about Japan Consolidated Fiscal Balance: % of GDP

• Japan Consolidated Fiscal Balance recorded a deficit equal to 6.2 % of its Nominal GDP in Mar 2024, compared with a deficit equal to 11.6 % in the previous year
• Japan Consolidated Fiscal Balance to GDP data is updated yearly, available from Mar 1996 to Mar 2024, with an average ratio of -6.8 %
• The data reached an all-time high of -3.5 % in Mar 1998 and a record low of -14.8 % in Mar 2021

The Ministry of Finance provides annual Consolidated Fiscal Balance as % of Nominal GDP. Consolidated Fiscal Balance is calculated as Total Revenue excluding Revenue from Government Bond less Expenditure. Consolidated Fiscal Balance for current and coming fiscal years is forecasted. The forecast for the current year is revised when the official Consolidated Fiscal Balance is released. Nominal GDP prior to 2012 is based on SNA 1993. Consolidated Fiscal Balance as % of Nominal GDP is in annual frequency, ending in March of each year.


Further information about Japan Consolidated Fiscal Balance: % of GDP

• In the latest reports, Japan National Government Debt reached 9,396.6 USD bn in Apr 2023
• Japan Nominal GDP reached 1,080.1 USD bn in Mar 2023

The statistic shows the budget balance in relation to GDP of the DACH countries in Europe between 2020 and 2024, with projections up until 2030. A positive value indicates a budget surplus, a negative value indicates a deficit. The DACH region includes Germany, Austria, and Switzerland. In 2024, Austria's deficit amounted to around 4.69 percent of GDP.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

The statistic shows the budget balance in relation to GDP of the Maghreb countries in North Africa between 2020 and 2022, with projections up until 2030. A positive value indicates a budget surplus, a negative value indicates a deficit. In 2022, Algeria's deficit amounted to around 2.96 percent of GDP.

Total economy deficit/surplus - ENP-South countries