Fiscal Balance

Middle East Ranking

percent of GDPSource: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Iraq2.0720218-5.86
2Qatar0.2420214-2.11
3Lebanon-3.23202013-10.3
4Afghanistan-4.4320203-1.71
5Saudi Arabia-4.4620199-5.89
6Turkey-4.7202110-6.1
7United Arab Emirates-5.19202020.44
8Yemen-5.2320207-5.57
9Israel-5.5202114-11.48
10Iran-5.7220206-4.5
11Jordan-720205-3.3
12Kuwait-12.76202013.07
13Oman-16202011-7.9
14Bahrain-17.86202012-8.96

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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