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Colombia

Fiscal Balance

-7.15
percent of GDP
Source: IMF
144
Spain-6.9
145
Jordan-7
146
Romania-7.1
146
Pakistan-7.1
149
Colombia-7.15
150
Italy-7.2
151
Latvia-7.3
152
Guyana-7.39
153
Greece-7.4
153
Egypt-7.4

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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