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Government fiscal balance (surplus or deficit) as percentage of GDP (2026)

189/237 countries
Global-5.5%of GDPYear-over-year+23.07%5-year change-12.18%
1980
2026
2031

Rankings at a glance

Top 10 · Government fiscal balance (surplus or deficit) as percentage of GDP (2026)

With 27.58% of GDP in 2026, Kuwait leads the world in government fiscal balance (surplus or deficit) as percentage of GDP, followed by Nauru (13.12% of GDP) and Norway (10.17% of GDP). The top 5 is rounded off by Oman (5.24% of GDP) and the United Arab Emirates (4.89% of GDP). Further down, Macao (4.21% of GDP) and Lesotho (4.19% of GDP) hold the next two spots. Singapore (3.31% of GDP), Liechtenstein (3% of GDP), and Cyprus (2.64% of GDP) round out the top ten. Across the top ten, Kuwait is 10× as high as Cyprus (2.64% of GDP). Six of the top ten are in Asia, with four from Western Asia. Among these countries, Oman saw the largest year-over-year change at +404.2%.

Rank changes

How government fiscal balance (surplus or deficit) as percentage of GDP changed between 2025 and 2026

2025and2026

All countries

Frequently asked questions

Which country has the highest government fiscal balance?
Kuwait has the highest government fiscal balance at 27.6% of GDP as of 2026, according to IMF World Economic Outlook.
Which country has the lowest government fiscal balance?
Timor-Leste has the lowest government fiscal balance at -51.6% of GDP as of 2026, according to IMF World Economic Outlook.
What is the global government fiscal balance?
Weighted by population, the global government fiscal balance is -5.5% of GDP as of 2026, according to IMF World Economic Outlook.

Source: IMF World Economic Outlook · Updated