United States—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #179 of 192
Latest Value
-8.0%
2027
YoY Change
-1.3%
2026 → 2027
Global Rank
#179
of 192 countries
Maximum
-0.5%
2001
Minimum
-14.1%
2020
Last
-8.0%
Previous
-7.9%
Highest
-0.5%
Lowest
-14.1%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -8.0% | -1.3% |
| 2026 | -7.9% | -6.8% |
| 2025 | -7.4% | +7.5% |
| 2024 | -8.0% | -2.6% |
| 2023 | -7.8% | -110.8% |
| 2022 | -3.7% | +67.5% |
| 2021 | -11.4% | +19.1% |
| 2020 | -14.1% | -143.1% |
| 2019 | -5.8% | -9.4% |
| 2018 | -5.3% | -10.4% |
| 2017 | -4.8% | -9.1% |
| 2016 | -4.4% | -25.7% |
| 2015 | -3.5% | +12.5% |
| 2014 | -4.0% | +13.0% |
| 2013 | -4.6% | +43.2% |
| 2012 | -8.1% | +16.5% |
| 2011 | -9.7% | +11.8% |
| 2010 | -11.0% | +16.7% |
| 2009 | -13.2% | -100.0% |
| 2008 | -6.6% | -127.6% |
| 2007 | -2.9% | -45.0% |
| 2006 | -2.0% | +35.5% |
| 2005 | -3.1% | +26.2% |
| 2004 | -4.2% | +12.5% |
| 2003 | -4.8% | -26.3% |
| 2002 | -3.8% | -660.0% |
| 2001 | -0.5% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -7.9% | -6.8% |
| 2027Forecast | -8.0% | -1.3% |
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