World Fiscal Balances 2008 -13

                                                              Fiscal Balance 2008-13
Fiscal Balance Projected
2008 2009 2010 2011 2012 2013
Overall balance (Percent of GDP)World -2.2 -7.4 -6.0 -4.6 -4.2 -3.5
Advanced economies -3.5 -8.9 -7.8 -6.6 -5.9 -4.9
United States -6.7 -13.3 -11.2 -10.1 -8.7 -7.3
Euro area -2.1 -6.4 -6.2 -4.1 -3.3 -2.6
France -3.3 -7.6 -7.1 -5.2 -4.7 -3.5
Germany -0.1 -3.2 -4.1 -0.8 -0.4 -0.4
Greece -9.9 -15.6 -10.5 -9.1 -7.5 -4.7
Ireland -7.3 -13.9 -30.9 -12.8 -8.3 -7.5
Italy -2.7 -5.4 -4.5 -3.8 -2.7 -1.8
Portugal -3.7 -10.2 -9.8 -4.2 -5.0 -4.5
Spain -4.2 -11.2 -9.4 -8.9 -7.0 -5.7
Japan -4.1 -10.4 -9.4 -9.8 -10.0 -9.1
United Kingdom -5.1 -10.4 -9.9 -8.5 -8.2 -7.3
Canada -0.4 -4.9 -5.6 -4.4 -3.8 -3.0
Others 2.6 -0.8 -0.1 0.4 0.5 1.3
Emerging markets 0.0 -4.5 -3.2 -1.8 -1.9 -1.8
Asia -2.3 -4.2 -3.0 -2.7 -2.9 -2.6
China -0.7 -3.1 -1.5 -1.2 -1.3 -1.0
India -8.7 -10.0 -9.4 -9.0 -9.5 -9.1
Europe 0.6 -6.2 -4.3 -0.3 -0.9 -1.1
Russian Federation 4.9 -6.3 -3.5 1.6 0.5 0.2
Turkey -2.4 -5.6 -2.7 -0.2 -1.7 -1.9
Latin America -0.7 -3.5 -2.8 -2.4 -2.1 -1.6
Brazil -1.3 -3.0 -2.7 -2.6 -2.1 -1.6
Mexico -1.1 -4.7 -4.3 -3.4 -2.4 -2.1
Middle East and North Africa -4.9 -5.4 -6.7 -8.9 -9.5 -8.3
South Africa -0.5 -5.3 -4.8 -4.6 -5.0 -4.7
Low-income countries -0.3 -3.9 -2.0 -1.9 -3.4 -3.1
Oil producers 7.4 -2.4 -0.2 3.4 2.9 2.3

 

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