Cyclically adjusted balance, General government, Percent of potential GDP by country

Fiscal Monitor (FM) 2025 October

Countries reporting
88
Highest
3.63
Sao Tome and Principe
Lowest
-10.33
Norway
Median
-2.33
Years covered
40
1991–2030
Data points
3,388

What the numbers show

Cyclically adjusted balance, General government, Percent of potential GDP is currently reported for 88 countries. The highest value is 3.63 in Sao Tome and Principe; the lowest is -10.33 in Norway.

The median across all reporting countries is -2.33, and the mean is -2.52.

Over the past decade 75 countries rose and 13 fell. The largest increase was in Cyprus (up 140.9%), and the largest decrease in Angola (down 2,719.7%).

Cyclically adjusted balance, General government, Percent of potential: full country ranking

#Country LatestYear 10-year changeTrend
1 Sao Tome and Principe 3.63 2030 up 23.6% volatile
2 Mauritius 2.42 2030 up 119.2% volatile
3 Qatar 2 2030 up 126.7% volatile
4 Ecuador 1.32 2030 up 126.7% volatile
5 Cyprus 1.03 2030 up 140.9% volatile
6 Argentina 0.8011 2030 up 116.1% volatile
7 Ireland 0.7896 2030 up 118.7% volatile
8 Hong Kong 0.5359 2030 up 109.6% volatile
9 Barbados 0.5281 2030 up 116.0% volatile
10 Taiwan 0.4666 2030 up 117.5% volatile
11 Suriname 0.4113 2030 up 103.8% volatile
12 Grenada 0.3234 2030 up 115.3% volatile
13 Switzerland 0.1028 2030 up 104.4% volatile
14 Belarus 0.0213 2030 up 100.7% volatile
15 New Zealand 0.0058 2030 up 100.1% volatile
16 Sweden -0.031 2030 up 98.8% volatile
17 Iceland -0.0362 2030 up 99.3% volatile
18 Denmark -0.5452 2030 down 124.4% volatile
19 Gambia -0.6498 2030 up 69.2% volatile
20 Guyana -0.6739 2030 up 88.6% volatile
21 Singapore -0.7257 2030 up 90.9% volatile
22 Portugal -0.903 2030 up 62.1% volatile
23 Chile -0.9265 2030 up 40.3% volatile
24 South Korea -1.02 2030 up 28.7% volatile
25 Paraguay -1.29 2030 up 74.0% volatile
26 Greece -1.38 2030 up 1.5% volatile
27 Canada -1.45 2030 up 84.4% volatile
28 Panama -1.5 2030 up 72.0% volatile
29 El Salvador -1.63 2030 up 60.0% rising
30 Philippines -1.8 2030 up 45.9% volatile
31 Angola -1.92 2030 down 2,719.7% volatile
32 Peru -1.96 2030 up 69.8% volatile
33 Serbia -2 2030 up 71.0% volatile
34 Spain -2.02 2030 up 49.4% volatile
35 Uruguay -2.05 2030 up 31.1% volatile
36 Russia -2.09 2030 up 52.2% volatile
37 Costa Rica -2.12 2030 up 72.0% falling
38 Kosovo -2.15 2030 up 63.5% volatile
39 Colombia -2.16 2030 up 34.2% volatile
40 United Kingdom -2.19 2030 up 80.2% volatile
41 Georgia -2.2 2030 up 68.5% volatile
42 Dominican Republic -2.25 2030 up 69.7% falling
43 Ukraine -2.26 2030 up 48.2% volatile
44 Luxembourg -2.31 2030 down 105.0% volatile
45 Italy -2.35 2030 up 29.3% volatile
46 Thailand -2.4 2030 up 32.7% volatile
47 Australia -2.47 2030 up 70.7% volatile
48 Croatia -2.5 2030 up 54.5% volatile
49 North Macedonia -2.53 2030 up 63.3% falling
50 Ghana -2.54 2030 up 83.2% volatile
51 Bosnia and Herzegovina -2.56 2030 down 3.4% volatile
52 Malta -2.61 2030 up 49.7% volatile
53 Netherlands -2.66 2030 down 129.2% volatile
54 Indonesia -2.71 2030 up 48.4% volatile
55 Estonia -2.79 2030 up 47.3% volatile
56 Slovenia -2.84 2030 up 52.3% volatile
57 Jordan -2.92 2030 up 54.1% volatile
58 Guatemala -2.96 2030 up 29.9% falling
59 Mexico -3 2030 up 17.2% falling
60 Morocco -3.08 2030 up 44.6% falling
61 Bulgaria -3.14 2030 down 123.5% volatile
62 Turkey -3.44 2030 down 10.5% volatile
63 Egypt -3.51 2030 up 52.8% rising
64 Malaysia -3.62 2030 up 7.9% volatile
65 Austria -3.62 2030 up 49.2% volatile
66 Czechia -3.81 2030 up 2.7% volatile
67 Lithuania -3.85 2030 up 34.6% volatile
68 Finland -4.05 2030 up 9.3% volatile
69 Latvia -4.32 2030 down 64.4% volatile
70 Germany -4.35 2030 down 47.1% volatile
71 Japan -4.38 2030 up 46.2% rising
72 Hungary -4.45 2030 up 28.8% rising
73 Israel -4.49 2030 up 45.7% volatile
74 Brazil -4.62 2030 up 53.3% falling
75 South Africa -4.68 2030 up 28.8% volatile
76 Poland -5.02 2030 up 6.3% falling
77 Romania -5.02 2030 up 45.3% volatile
78 Lebanon -5.58 2030 up 51.4% rising
79 Slovakia -5.78 2030 down 41.6% volatile
80 Tunisia -5.95 2030 up 28.1% falling
81 Botswana -6.34 2030 up 34.3% volatile
82 France -6.38 2030 down 7.1% falling
83 Belgium -6.4 2030 up 1.9% volatile
84 India -6.63 2030 up 12.7% rising
85 United States -7.55 2030 up 27.8% falling
86 China -7.99 2030 up 2.3% volatile
87 Algeria -9.32 2030 down 38.1% volatile
88 Norway -10.33 2030 down 1.5% volatile

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

Share, cite or embed this page

Cite this page

Cyclically adjusted balance, General government, Percent of potential by country. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://public-sector.statizoid.com/stat/cyclically-adjusted-balance-general-government-percent-of-potential-gdp/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/cyclically-adjusted-balance-general-government-percent-of-potential-gdp/">Cyclically adjusted balance, General government, Percent of potential by country</a> — Statizoid

About this data

Indicator
Cyclically adjusted balance, General government, Percent of potential GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
102 places, 3,388 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October