Budget balance forecast - Country rankings
* indicates monthly or quarterly data series
Budget balance forecast, percent of GDP, 2025:
The average for 2025 based on 36 countries was -2.71 percent. The highest value was in Cyprus: 2.87 percent and the lowest value was in Norway: -10.12 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.Measure: percent; Source: International Monetary Fund
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* indicates monthly or quarterly data series
| Countries | Budget balance forecast, 2025 | Global rank | Available data |
|---|---|---|---|
| Cyprus | 2.87 | 1 | 1995 - 2030 |
| Switzerland | 0.37 | 2 | 1983 - 2030 |
| Portugal | 0.21 | 3 | 1995 - 2030 |
| Denmark | -0.02 | 4 | 1986 - 2030 |
| Luxembourg | -0.65 | 5 | 1995 - 2030 |
| Belarus | -0.78 | 6 | 2010 - 2030 |
| Sweden | -1.07 | 7 | 1993 - 2030 |
| Greece | -1.09 | 8 | 1988 - 2030 |
| Ireland | -1.25 | 9 | 1997 - 2030 |
| Iceland | -1.28 | 10 | 1980 - 2030 |
| Russia | -1.56 | 11 | 1999 - 2030 |
| Slovenia | -1.78 | 12 | 1996 - 2030 |
| Estonia | -1.93 | 13 | 2000 - 2030 |
| Netherlands | -2.08 | 14 | 1980 - 2030 |
| Czechia | -2.12 | 15 | 1995 - 2030 |
| Germany | -2.19 | 16 | 1991 - 2030 |
| Bosnia & Herz. | -2.21 | 17 | 2000 - 2030 |
| Finland | -2.43 | 18 | 1980 - 2030 |
| Latvia | -2.9 | 19 | 2002 - 2030 |
| Lithuania | -2.94 | 20 | 2005 - 2030 |
| Bulgaria | -3.09 | 21 | 2000 - 2030 |
| Italy | -3.15 | 22 | 1988 - 2030 |
| Austria | -3.2 | 23 | 1991 - 2030 |
| Croatia | -3.22 | 24 | 2000 - 2030 |
| Serbia | -3.31 | 25 | 2005 - 2030 |
| Spain | -3.46 | 26 | 1995 - 2030 |
| Hungary | -3.64 | 27 | 2000 - 2030 |
| Turkey | -3.87 | 28 | 2000 - 2030 |
| Malta | -3.9 | 29 | 2000 - 2030 |
| UK | -4.01 | 30 | 1981 - 2030 |
| Slovakia | -4.02 | 31 | 1995 - 2030 |
| France | -4.95 | 32 | 1980 - 2030 |
| Belgium | -5.07 | 33 | 1981 - 2030 |
| Poland | -6.03 | 34 | 1995 - 2030 |
| Romania | -7.52 | 35 | 2004 - 2030 |
| Norway | -10.12 | 36 | 1980 - 2030 |
Definition: The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle. The series includes actual historical values for past years and forecast values for the current and the next few years.
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2.87
0.37
0.21
-0.02
-0.65
-0.78
-1.07
-1.09
-1.25
-1.28
-1.56
-1.78
-1.93
-2.08
-2.12
-2.19
-2.21
-2.43
-2.90
-2.94
-3.09
-3.15
-3.20
-3.22
-3.31
-3.46
-3.64
-3.87
-3.90
-4.01
-4.02
-4.95
-5.07
-6.03
-7.52
-10.12
-10.12
-6.9
-3.6
-0.4
2.87
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