Vertical fiscal imbalance, Percent (Central government) by country
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of...
What the numbers show
Vertical fiscal imbalance, Percent (Central government) is currently reported for 64 countries. The highest value is 0.7255 in Afghanistan; the lowest is -1.59 in Belgium.
The median across all reporting countries is -0.0208, and the mean is -0.0835.
Over the past decade 41 countries rose and 21 fell. The largest increase was in Armenia (up 5,045.0%), and the largest decrease in Kiribati (down 2,192.8%).
Vertical fiscal imbalance, Percent: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Afghanistan | 0.7255 | 2017 | down 8.4% | flat |
| 2 | Marshall Islands | 0.4558 | 2018 | down 32.0% | falling |
| 3 | Palau | 0.3751 | 2019 | down 28.7% | falling |
| 4 | Rwanda | 0.3258 | 2020 | down 0.8% | falling |
| 5 | United States of America | 0.3212 | 2020 | up 56.2% | volatile |
| 6 | Paraguay | 0.2908 | 2020 | up 348.1% | volatile |
| 7 | Senegal | 0.2802 | 2020 | up 56.0% | rising |
| 8 | Mauritius | 0.2717 | 2020 | up 812.9% | volatile |
| 9 | Costa Rica | 0.2529 | 2014 | up 184.9% | volatile |
| 10 | Canada | 0.2153 | 2020 | up 189.0% | volatile |
| 11 | Chile | 0.207 | 2020 | up 607.7% | volatile |
| 12 | Armenia | 0.1925 | 2020 | up 5,045.0% | volatile |
| 13 | Guatemala | 0.1795 | 2020 | up 1,084.5% | volatile |
| 14 | Georgia | 0.1748 | 2020 | up 342.6% | volatile |
| 15 | Hungary | 0.1736 | 2020 | up 173.5% | volatile |
| 16 | United Arab Emirates | 0.1733 | 2020 | down 39.2% | falling |
| 17 | Israel | 0.1716 | 2020 | up 46.8% | volatile |
| 18 | United Kingdom of Great Britain and Northern Ireland | 0.1634 | 2020 | up 265.6% | volatile |
| 19 | Uganda | 0.1633 | 2020 | up 2,855.1% | volatile |
| 20 | Brazil | 0.1575 | 2020 | up 194.2% | volatile |
| 21 | Bulgaria | 0.1379 | 1994 | — | volatile |
| 22 | El Salvador | 0.1333 | 2020 | up 30.9% | volatile |
| 23 | Myanmar | 0.1271 | 2019 | up 181.5% | volatile |
| 24 | Thailand | 0.1175 | 2020 | up 1,603.5% | volatile |
| 25 | Mongolia | 0.1037 | 2020 | up 213.3% | volatile |
| 26 | Bosnia and Herzegovina | 0.1027 | 2020 | up 785.3% | volatile |
| 27 | Czechia | 0.102 | 2020 | up 111.5% | volatile |
| 28 | Indonesia | 0.0741 | 2020 | up 117.5% | rising |
| 29 | Honduras | 0.0557 | 2015 | up 520.4% | volatile |
| 30 | Latvia | 0.0149 | 2020 | down 89.3% | volatile |
| 31 | Tunisia | -0.0024 | 1999 | up 92.2% | volatile |
| 32 | Peru | -0.0204 | 2020 | up 97.0% | volatile |
| 33 | Iran, Islamic Republic of | -0.0212 | 2009 | down 192.2% | volatile |
| 34 | Australia | -0.0477 | 2020 | up 74.2% | rising |
| 35 | Kazakhstan | -0.0484 | 2020 | up 94.8% | volatile |
| 36 | Türkiye | -0.0518 | 2020 | up 39.3% | volatile |
| 37 | North Macedonia | -0.0623 | 2020 | up 80.1% | flat |
| 38 | Albania | -0.0785 | 2020 | up 37.5% | volatile |
| 39 | Lithuania | -0.1062 | 2020 | down 157.3% | volatile |
| 40 | Kiribati | -0.119 | 2020 | down 2,192.8% | volatile |
| 41 | Estonia | -0.1197 | 2020 | up 24.5% | rising |
| 42 | Belarus | -0.1308 | 2020 | up 42.1% | volatile |
| 43 | Portugal | -0.1454 | 2018 | down 194.9% | volatile |
| 44 | Colombia | -0.1727 | 2020 | down 277.4% | falling |
| 45 | Ukraine | -0.1743 | 2020 | up 61.3% | falling |
| 46 | Kyrgyzstan | -0.183 | 2019 | down 564.1% | volatile |
| 47 | Kenya | -0.2002 | 2020 | down 1,077.8% | volatile |
| 48 | Iceland | -0.2346 | 2020 | down 84.0% | volatile |
| 49 | Azerbaijan | -0.2522 | 2019 | up 31.6% | volatile |
| 50 | South Africa | -0.2585 | 2020 | up 49.7% | rising |
| 51 | Uzbekistan | -0.2646 | 2020 | — | rising |
| 52 | Serbia | -0.2759 | 2020 | up 15.4% | falling |
| 53 | Austria | -0.3456 | 2020 | up 37.8% | falling |
| 54 | Republic of Korea | -0.3885 | 2020 | up 11.1% | flat |
| 55 | Russian Federation | -0.4439 | 2020 | up 12.7% | rising |
| 56 | Spain | -0.5758 | 2020 | up 21.3% | falling |
| 57 | Japan | -0.6212 | 2020 | down 9.5% | falling |
| 58 | Sweden | -0.6223 | 2020 | down 1.0% | volatile |
| 59 | Republic of Moldova | -0.6668 | 2020 | down 21.3% | falling |
| 60 | Mexico | -0.71 | 2020 | down 27.3% | falling |
| 61 | Germany | -0.8147 | 2020 | down 90.9% | falling |
| 62 | Netherlands | -0.9138 | 2020 | down 6.9% | falling |
| 63 | Switzerland | -0.927 | 2020 | up 26.3% | falling |
| 64 | Belgium | -1.59 | 2020 | down 16.6% | falling |
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.