Eritrea—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook
Latest Value
2.7%
2019
YoY Change
-48.1%
2018 → 2019
Maximum
6.2%
2003
Minimum
-38.0%
2008
Last
2.7%
Previous
5.2%
Highest
6.2%
Lowest
-38.0%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 2.7% | -48.1% |
| 2018 | 5.2% | +191.2% |
| 2017 | -5.7% | -307.1% |
| 2016 | -1.4% | +50.0% |
| 2015 | -2.8% | -2700.0% |
| 2014 | -0.1% | +98.7% |
| 2013 | -7.6% | -46.2% |
| 2012 | -5.2% | +5.5% |
| 2011 | -5.5% | +66.7% |
| 2010 | -16.5% | +25.7% |
| 2009 | -22.2% | +41.6% |
| 2008 | -38.0% | -91.9% |
| 2007 | -19.8% | -27.7% |
| 2006 | -15.5% | +50.0% |
| 2005 | -31.0% | -302.6% |
| 2004 | -7.7% | -224.2% |
| 2003 | 6.2% | +146.6% |
| 2002 | -13.3% | -38.5% |
| 2001 | -9.6% | +62.2% |
| 2000 | -25.4% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP