Countries by government balance as a share of GDP

Norway had the highest government balance as a share of GDP of 42 countries in 2014, at 8.3% of GDP. Portugal had the lowest, at -7.4% of GDP. The median was -2.2% of GDP. Source: the Organisation for Economic Co-operation and Development.

Highest8.3Norway
Lowest-7.4Portugal
Median-2.242 countries

All countries, 2014

Norway: 8.3 % of GDPNorway8.3Denmark: 1.4 % of GDPDenmark1.4Luxembourg: 1.3 % of GDPLuxembourg1.3South Korea: 1.1 % of GDPSouth Korea1.1Estonia: 0.9 % of GDPEstonia0.9Germany: 0.7 % of GDPGermany0.7Iceland: 0.6 % of GDPIceland0.6New Zealand: 0.2 % of GDPNew Zealand0.2Canada: 0.2 % of GDPCanada0.2Switzerland: -0.2 % of GDPSwitzerland-0.2China: -0.5 % of GDPChina-0.5Costa Rica: -1.4 % of GDPCosta Rica-1.4Indonesia: -1.7 % of GDPIndonesia-1.7Latvia: -1.7 % of GDPLatvia-1.7Chile: -1.8 % of GDPChile-1.8Lithuania: -1.8 % of GDPLithuania-1.8Sweden: -1.9 % of GDPSweden-1.9Austria: -1.9 % of GDPAustria-1.9Czechia: -2.1 % of GDPCzechia-2.1Netherlands: -2.2 % of GDPNetherlands-2.2Australia: -2.2 % of GDPAustralia-2.2Russia: -2.2 % of GDPRussia-2.2Israel: -2.3 % of GDPIsrael-2.3Hungary: -2.8 % of GDPHungary-2.8Italy: -2.8 % of GDPItaly-2.8Finland: -3 % of GDPFinland-3Colombia: -3.1 % of GDPColombia-3.1Belgium: -3.2 % of GDPBelgium-3.2Slovakia: -3.2 % of GDPSlovakia-3.2Ireland: -3.5 % of GDPIreland-3.5Poland: -3.7 % of GDPPoland-3.7Greece: -3.8 % of GDPGreece-3.8South Africa: -4 % of GDPSouth Africa-4Slovenia: -4.5 % of GDPSlovenia-4.5France: -4.6 % of GDPFrance-4.6Mexico: -5.1 % of GDPMexico-5.1United States: -5.2 % of GDPUnited States-5.2United Kingdom: -5.5 % of GDPUnited Kingdom-5.5Japan: -5.6 % of GDPJapan-5.6Brazil: -5.9 % of GDPBrazil-5.9Spain: -6 % of GDPSpain-6Portugal: -7.4 % of GDPPortugal-7.4
% of GDP. Source: 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). Retrieved 2026-10-12.

Full ranking

RankCountries2014
% of GDP
Change on 2013
1Norway8.3-2 pts
2Denmark1.4+2.4 pts
3Luxembourg1.3+0.5 pts
4South Korea1.1-0.1 pts
5Estonia0.9+1.1 pts
6Germany0.7+0.6 pts
7Iceland0.6+1.5 pts
8New Zealand0.2+1.1 pts
9Canada0.2+1.7 pts
10Switzerland-0.2+0.2 pts
11China-0.5+0.1 pts
12Costa Rica-1.4+1.2 pts
13Indonesia-1.7+0.2 pts
14Latvia-1.7-0.4 pts
15Chile Estimated-1.8-1.2 pts
16Lithuania-1.8+0.9 pts
17Sweden-1.9-0.2 pts
18Austria-1.9+0.1 pts
19Czechia-2.1-0.8 pts
20Netherlands-2.2+0.7 pts
21Australia-2.2+0.5 pts
22Russia-2.2-1.7 pts
23Israel-2.3+1.8 pts
24Hungary-2.8-0.2 pts
25Italy-2.8+0.1 pts
26Finland-3-0.5 pts
27Colombia-3.1-1.6 pts
28Belgium-3.2-0 pts
29Slovakia-3.2-0.4 pts
30Ireland-3.5+2.8 pts
31Poland-3.7+0.6 pts
32Greece-3.8+9.8 pts
33South Africa-4-0.3 pts
34Slovenia-4.5+6.7 pts
35France-4.6+0.4 pts
36Mexico-5.1-1.6 pts
37United States-5.2+0.7 pts
38United Kingdom-5.5-0.2 pts
39Japan-5.6+2 pts
40Brazil-5.9-2.6 pts
41Spain-6+1.5 pts
42Portugal-7.4-2.1 pts

Other periods

About this ranking

General government net lending (+) or net borrowing (-) as a percentage of GDP.

Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 5 countries with data in other periods have no value for 2014 and are left out rather than filled from another source. Equal values share a rank.

How to cite

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

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Organisation for Economic Co-operation and Development. (2026). OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13) (Countries by government balance as a share of GDP, 2014) [Data set]. Retrieved October 12, 2026, from https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD

MLA 9

OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13), Countries by government balance as a share of GDP, 2014. Organisation for Economic Co-operation and Development, 12 Oct. 2026, https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Invokely, https://invokely.ai/rankings/government-balance/countries?period=2014. Accessed 12 Oct. 2026.

Chicago (author-date)

Organisation for Economic Co-operation and Development. 2026. OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13). Countries by government balance as a share of GDP, 2014. Dataset. Accessed October 12, 2026. https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Also distributed by Invokely, https://invokely.ai/rankings/government-balance/countries?period=2014.

Harvard

Organisation for Economic Co-operation and Development (2026) OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13), Countries by government balance as a share of GDP, 2014 [Dataset]. Available at: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD, via Invokely: https://invokely.ai/rankings/government-balance/countries?period=2014 (Accessed: 12 October 2026).

BibTeX
@misc{organisation_countries_by_government_balance_2014,
  author = {{Organisation for Economic Co-operation and Development}},
  title = {{OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD\_NAAG\_VI@DF\_NAAG\_VI, B9S13): Countries by government balance as a share of GDP, 2014}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/government-balance/countries?period=2014. Publisher attribution: 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.},
}
RIS
TY  - DATA
AU  - Organisation for Economic Co-operation and Development
TI  - OECD National Accounts at a Glance: net lending (+) or net borrowing (-) of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, B9S13): Countries by government balance as a share of GDP, 2014
PY  - 2026
DA  - 2026/10/12
PB  - Organisation for Economic Co-operation and Development
DB  - Invokely
UR  - https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD
L2  - https://invokely.ai/rankings/government-balance/countries?period=2014
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/government-balance/countries?period=2014.
N1  - Publisher attribution: 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.
ER  - 
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Questions

Which country has the highest government balance as a share of GDP?

Norway, with 8.3% of GDP in 2014, according to the Organisation for Economic Co-operation and Development.

Which country has the lowest government balance as a share of GDP?

Portugal, with -7.4% of GDP in 2014.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: 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). Retrieved 2026-10-12. 5 countries have no value for 2014 and are not ranked.

Government balance: other rankings

Countries: more rankings