# Countries by government balance as a share of GDP, 2024

All 38 values come from Organisation for Economic Co-operation and Development for 2024, so the places are comparable. 9 countries have no value for that period and are not ranked.

- Indicator id: `government_deficit`
- Unit: % of GDP
- Definition: General government net lending (+) or net borrowing (-) as a percentage of GDP.
- Source: Organisation for Economic Co-operation and Development, OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13) (https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD)
- Publisher page: https://invokely.ai/en/publishers/oecd
- Retrieved: 2026-10-12
- Citation: OECD. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html
- Web page: https://invokely.ai/rankings/government-balance/countries

| Rank | Place | % of GDP |
|---:|---|---:|
| 1 | Norway | 12.7 |
| 2 | Ireland | 4.1 |
| 3 | Denmark | 4.1 |
| 4 | Costa Rica | 1.5 |
| 5 | Greece | 1.3 |
| 6 | Luxembourg | 0.9 |
| 7 | Portugal | 0.6 |
| 8 | Switzerland | 0.5 |
| 9 | Netherlands | -0.7 |
| 10 | Slovenia | -0.9 |
| 11 | Estonia | -1.1 |
| 12 | Lithuania | -1.3 |
| 13 | South Korea | -1.5 |
| 14 | Sweden | -1.6 |
| 15 | Japan | -1.7 |
| 16 | Latvia | -1.8 |
| 17 | Czechia | -2 |
| 18 | Canada | -2.1 |
| 19 | Chile | -2.5 |
| 20 | Germany | -2.7 |
| 21 | Spain | -3.2 |
| 22 | Italy | -3.3 |
| 23 | New Zealand | -3.9 |
| 24 | Australia | -4 |
| 25 | Iceland | -4.2 |
| 26 | Finland | -4.3 |
| 27 | Belgium | -4.4 |
| 28 | Austria | -4.6 |
| 29 | South Africa | -5.1 |
| 30 | Hungary | -5.1 |
| 31 | Colombia | -5.3 |
| 32 | Slovakia | -5.3 |
| 33 | France | -5.8 |
| 34 | United Kingdom | -6 |
| 35 | Mexico | -6.3 |
| 36 | Poland | -6.4 |
| 37 | United States | -8 |
| 38 | Israel | -8.1 |