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List of countries by government budget

From Wikipedia, the free encyclopedia

Global map of total central government revenues, as share of GDP.[1]
Global map of total central government expenditures, as share of GDP.[2]

This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

The following tables show the governmental budget balance, in millions of US dollars or millions of local currency units (LCU, the most commonly used in the country) and as percentage of GDP, based on data published by Central Intelligence Agency[3][4] and World Bank.[5][6][7][8][9]

According to Central Intelligence Agency, budget surplus (+) or deficit (-) records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.[10]

According to World Bank, revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government ownership of property); and voluntary, unrequited, nonrepayable receipts other than grants. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.[11]

List of countries by government budget according to Central Intelligence Agency

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In the following table, for each country/territory, CIA figures shows revenues and expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.[10] Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

List of countries by government budget according to World Bank

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In the following table, for each country/territory, WB figures shows revenue, grants and expense, expressed in current LCU (Local Curency Units) and as percentage of GDP. Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

References

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  1. ^ Our World in Data. "Government revenues as a share of GDP". Retrieved 2023-12-12.
  2. ^ Our World in Data. "Central government expenditure as share of GDP". Retrieved 2023-12-12.
  3. ^ a b c Central Intelligence Agency. "The World Factbook | Budget". Retrieved 2023-12-12.
  4. ^ a b c Central Intelligence Agency. "The World Factbook | Budget surplus (+) or deficit (-)". Retrieved 2023-12-12.
  5. ^ a b World Bank. "Revenue, excluding grants (current LCU)". Retrieved 2023-12-12.
  6. ^ a b World Bank. "Revenue, excluding grants (% of GDP)". Retrieved 2023-12-12.
  7. ^ a b World Bank. "Grants and other revenue (current LCU)". Retrieved 2023-12-12.
  8. ^ a b World Bank. "Expense (current LCU)". Retrieved 2023-12-12.
  9. ^ a b World Bank. "Expense (% of GDP)". Retrieved 2023-12-12.
  10. ^ a b Central Intelligence Agency. "Definitions and Notes". Retrieved 2023-12-12.
  11. ^ World Bank. "Metadata Glossary". Retrieved 2023-12-12. This article incorporates text from this source, which is available under the CC BY 4.0 license.

See also

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Europe:

United States: