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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.
For most other countries the total budget is shown. Although Germany is a federation, the statistics for Germany represent total general government spending. [3] Similar to Germany, Russia has a federative structure and a three layer budget system, here the total government spending is shown. [4]
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
The following tables show the governmental budget of each country/territory/group divided by its total population, not adjusted to purchasing power parity, in current US dollars, based on data published by International Monetary Fund, [1] and World Bank. [2] [3] [4] [5]
Monaco is home to one of the world's wealthiest populations, and has the highest level of GDP per capita in Europe. Like Monaco, the small size of Liechtenstein has led to it being among the highest ranked European states for GDP per capita. Luxembourg is home to an established financial sector as well as one of Europe's richest populations.
Finally, the most expensive country I visited was also my favorite: Japan. I spent an average of $121.79 a day, or $3,288.28 across 27 days — aka more than double my monthly budget.
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.