Government Budget | Forecast | 2016-2020

Last Q1/17 Q2/17 Q3/17 Q4/17 2020
United States -3.20 Dec/16   -2.7 -2.7 -2.7 -2.7 -2.5
Euro Area -2.10 Dec/15   -1.7 -1.7 -1.7 -1.7 -0.8
China -3.80 Dec/16   -2.46 -2.39 -2.32 -2.24 -2.06
Japan -6.00 Dec/15   -6.61 -6.32 -6.03 -5.73 -5.66
Germany 0.80 Dec/16   0.5 0.5 0.5 0.5 1
United Kingdom -4.40 Dec/15   -4.5 -4.5 -4.5 -4.5 -0.8
France -3.60 Dec/15   -3.2 -3.2 -3.2 -3.2 -1.9
India -3.50 Dec/16 -3.5 -3.5 -3.5 -3.5 -1.5
Italy -2.40 Dec/16   -2 -2 -2 -2 -0.5
Brazil -8.90 Dec/16   -8.5 -8.5 -8.5 -8.5 -7
Canada 0.10 Dec/15   -0.2 -0.2 -0.2 -0.2 -0.7
South Korea -3.00 Dec/15   -3.5 -3.5 -3.5 -3.5 -3.2
Australia -2.40 Dec/15   -3 -3 -2.38 -2.5 -1.8
Russia -2.60 Dec/15   -3 -3 -3 -3 -1.3
Spain -5.10 Dec/15   -3.2 -3.2 -4.35 -3.2 -1.1
Mexico -3.50 Dec/15   -3.6 -3.6 -3.6 -3.6 -3.9
Indonesia -2.53 Dec/15   -3.1 -3.1 -3.1 -3.1 -2.5
Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Afghanistan -0.70 Dec/15   -0.81 -0.61 -0.42 -0.22 0.29
Albania -4.00 Dec/15   -4.54 -4.25 -3.96 -3.67 -3.87
Algeria -12.00 Dec/15   -1.98 -1.98 -7.72 -8.47 2.16
Angola -4.20 Dec/15   0.81 0.81 2.02 -5.18 -2.91
Argentina -5.40 Dec/15   -4.5 -4.5 -4.5 -4.5 -2.5
Armenia -4.80 Dec/15   -4.1 -4.1 -3.92 -4.1 -1.9
Aruba -4.20 Dec/15   -5.78 -5.67 -5.56 -5.45 -6.34
Australia -2.40 Dec/15   -3 -3 -2.38 -2.5 -1.8
Austria -1.20 Dec/15   -1.5 -1.5 -2.23 -1.5 -0.4
Azerbaijan -1.20 Dec/15   -0.69 -1.2 -1.71 -2.22 0.14
Bahamas -4.40 Dec/15   -4.74 -4.35 -3.96 -3.58 -4.91
Bahrain -5.00 Dec/14   -3.91 -3.2 -2.5 -1.79 -8.34
Bangladesh -4.70 Dec/16   -4.2 -4.25 -4.3 -4.36 -4.46
Barbados -7.90 Dec/13   -7.5 -9.12 -10.74 -12.36 -14.37
Belarus 1.80 Dec/15   0.27 0.35 0.43 0.5 0.65
Belgium -2.60 Dec/15   -2.5 -2.5 -2.79 -2.2 -0.8
Belize -8.40 Dec/15   -4.7 -5.55 -6.39 -7.23 -4.06
Benin -4.30 Dec/15   -2.33 -2.58 -2.84 -3.09 -2.57
Bhutan -3.20 Dec/16   0.05 -0.94 -1.95 -2.95 -1.67
Bolivia -2.54 Dec/14   -2.77 -2.95 -3.13 -3.31 -0.19
Bosnia and Herzegovina 0.70 Dec/15   -0.35 0.55 1.46 2.37 -0.86
Botswana 0.20 Dec/15   3.3 2.39 1.47 0.56 1.16
Brazil -8.90 Dec/16   -8.5 -8.5 -8.5 -8.5 -7
Brunei -14.00 Dec/15   -9.96 -10.59 -11.22 -11.85 1.75
Bulgaria 1.60 Dec/16   -2 -2 -2.69 -2.1 -0.8
Burkina Faso -2.30 Dec/15   -1.01 -1.03 -1.05 -1.07 -2.03
Burundi -9.10 Dec/15   -9.45 -9.08 -8.7 -8.32 -8.41
Cambodia -2.40 Dec/15   -3.53 -3.09 -2.66 -2.22 -2.27
Cameroon -6.40 Dec/15   -5.67 -5.56 -5.44 -5.33 -5.29
Canada 0.10 Dec/15   -0.2 -0.2 -0.2 -0.2 -0.7
Cape Verde -4.10 Dec/15   -5.35 -4.58 -3.82 -3.05 -4.53
Cayman Islands 4.20 Dec/15   0.89 0.78 0.67 0.56 -1.34
Central African Republic -3.30 Dec/15   0.49 0.15 -0.18 -0.52 0.2
Chad -5.40 Dec/15   -2.33 -2.03 -1.73 -1.42 -2.13
Chile -2.20 Dec/15   -0.62 -0.7 -0.78 -0.87 1.19
China -3.80 Dec/16   -2.46 -2.39 -2.32 -2.24 -2.06
Colombia -4.00 Dec/16   -3.3 -3.3 -4.66 -3.3 -3
Comoros -3.00 Dec/15   -2.08 -2.65 -3.23 -3.8 -3.57
Congo -6.20 Dec/15   -1.71 -2.5 -3.29 -4.09 -3.72
Costa Rica -5.60 Dec/15   -4.05 -4.05 -4.05 -4.04 -0.53
Croatia -3.20 Dec/15   -2.5 -2.5 -3.99 -4 -2.5
Cuba -5.70 Dec/15   -4.03 -5.08 -6.13 -7.18 -5.1
Cyprus -1.00 Dec/15   -0.5 -0.5 -0.5 -0.5 0.6
Czech Republic -0.40 Dec/15   -1 -1 -1.45 -0.9 0.3
Denmark -2.10 Dec/15   -2.8 -2.8 -2.18 -2.1 -0.3
Djibouti -6.60 Dec/15   -6.35 -5.89 -5.44 -4.98 -2.44
Dominican Republic 0.15 Dec/15   -2.57 -2.6 -2.63 -2.66 -2.48
East Timor -29.70 Dec/13   -25.86 -21.71 -17.57 -13.42 -1.96
Ecuador -4.00 Dec/13   -2.49 -2.51 -2.53 -2.55 -1.18
Egypt -9.80 Dec/16   -10.92 -10.39 -9.85 -9.32 -8.92
El Salvador -3.43 Dec/14   -3.96 -3.87 -3.78 -3.69 -3.46
Equatorial Guinea -6.70 Dec/14   -6.3 -6.74 -7.17 -7.61 -6.33
Eritrea -12.80 Dec/15   -13.93 -13.74 -13.55 -13.36 -13.33
Estonia 0.40 Dec/15   -0.2 -0.2 0.21 -0.2 0.5
Ethiopia -1.90 Sep/16   -2.2 -2.08 -1.96 -1.84 -2.16
Euro Area -2.10 Dec/15   -1.7 -1.7 -1.7 -1.7 -0.8
European Union -2.40 Dec/15   -2.1 -2.1 -2.61 -2.4 -1.4
Fiji -2.50 Dec/15   -2.91 -2.68 -2.44 -2.2 -2.51
Finland -2.70 Dec/15   -2.4 -2.4 -2.79 -2.7 -0.9
France -3.60 Dec/15   -3.2 -3.2 -3.2 -3.2 -1.9
Gabon -2.10 Dec/15   0.25 -0.06 -0.38 -0.69 -0.16
Gambia -6.50 Dec/15   -7.51 -8.1 -8.69 -9.27 -8.68
Georgia -3.70 Dec/15   -2.8 -2.8 -2.77 -2.8 -3.15
Germany 0.80 Dec/16   0.5 0.5 0.5 0.5 1
Ghana -8.70 Dec/16   -7.8 -7.8 -7.8 -7.8 -8.87
Greece -7.20 Dec/15   -3.9 -3.9 -7.16 -3.9 -1.8
Guatemala -1.40 Dec/15   -2 -1.87 -1.75 -1.62 -1.65
Guinea -7.30 Dec/15   -5.28 -4.45 -3.61 -2.78 -1.91
Guinea Bissau -2.30 Dec/15   -1.5 -1.71 -1.92 -2.13 -3.82
Guyana -1.40 Dec/15   -4.49 -3.77 -3.05 -2.33 -2.68
Haiti 3.98 Dec/15   3.49 3.58 3.67 3.76 2.71
Honduras -4.40 Dec/14   -5.72 -5.22 -4.72 -4.22 -4
Hong Kong 1.30 Dec/15   2.5 1.78 1.06 0.33 0.75
Hungary -1.90 Dec/15   -1.7 -1.7 -1.34 -1.7 -0.9
Iceland -0.50 Dec/15   -0.54 -0.73 -0.91 -1.1 -2.09
India -3.50 Dec/16 -3.5 -3.5 -3.5 -3.5 -1.5
Indonesia -2.53 Dec/15   -3.1 -3.1 -3.1 -3.1 -2.5
Iran -2.58 Dec/15   -1.68 -2.56 -3.45 -4.34 -1.37
Iraq -2.69 Dec/14   -8 -8 -4.25 -7.6 -5.8
Ireland -2.30 Dec/15   -0.9 -0.9 -2.85 -0.9 0.8
Israel -2.15 Dec/16   -2.7 -2.7 -2.14 -2.7 -2.6
Italy -2.40 Dec/16   -2 -2 -2 -2 -0.5
Ivory Coast -0.40 Dec/15   -1.09 -1.04 -1 -0.96 -1.74
Jamaica -0.70 Dec/14   -2.99 -3.28 -3.57 -3.87 -1.75
Japan -6.00 Dec/15   -6.61 -6.32 -6.03 -5.73 -5.66
Jordan -3.50 Dec/15   -3.4 -3.4 -4.24 -3.4 -3.7
Kazakhstan -1.20 Dec/14   -1.47 -1.41 -1.36 -1.2 -1.56
Kenya -8.10 Dec/15   -8.3 -8.75 -9.21 -9.66 -8.89
Kosovo -1.30 Dec/15   -1.57 -1.44 -1.31 -1.18 -1.7
Kuwait 1.70 Dec/15   -3 -3 -3 -3 4
Kyrgyzstan -1.50 Dec/15   -0.35 -0.99 -1.64 -2.28 -2.28
Laos -4.70 Dec/15   -5.83 -6.06 -6.29 -6.52 -5.98
Latvia -1.30 Dec/15   -1.2 -1.2 -0.83 -0.9 0.2
Lebanon 5.35 Dec/15   2.91 1.11 -0.68 -2.48 7.07
Lesotho 0.50 Dec/15   2.96 3.76 4.55 5.34 2
Liberia -12.10 Dec/15   -7.06 -9.9 -12.74 -15.58 -15.22
Libya -54.60 Dec/15   -18.3 -19.58 -20.86 -22.14 -0.06
Lithuania -0.20 Dec/15   -1 -1 -1.97 -0.6 0.7
Luxembourg 1.20 Dec/15   0.8 0.8 0.8 0.6 1.3
Macedonia -3.50 Dec/15   -2.73 -2.75 -2.76 -2.78 -3.99
Madagascar -3.40 Dec/15   -3 -2.87 -2.75 -2.62 -2.71
Malawi -4.90 Dec/15   -4.21 -4.54 -4.87 -5.2 -5.11
Malaysia -3.20 Dec/15   -4.2 -4.2 -4.3 -4.2 -3.3
Maldives -7.40 Dec/16   -8.43 -7.57 -6.71 -5.85 -7.14
Mali -3.60 Dec/15   -0.01 -0.01 -0.02 -0.02 -1.01
Malta -1.50 Dec/15   -1.1 -1.1 -1.46 -0.7 0.6
Mauritania -3.10 Dec/15   -1.92 -2.45 -2.99 -3.52 -3.5
Mauritius -3.50 Dec/16   -3.59 -3.45 -3.31 -3.17 -4.68
Mexico -3.50 Dec/15   -3.6 -3.6 -3.6 -3.6 -3.9
Moldova -2.20 Dec/15   -1.37 -1.76 -2.15 -2.54 -2.21
Mongolia -3.10 Dec/15   -4.31 -3.37 -2.44 -1.51 -2.77
Montenegro -7.00 Dec/15   -5.1 -6.44 -7.79 -9.14 -8.7
Morocco -5.00 Dec/14   -3.48 -3.47 -3.45 -3.44 -3.92
Mozambique -11.10 Dec/15   -10 -10 -12.18 -13.65 -10.21
Myanmar -4.70 Dec/15   -2.32 -2.78 -3.25 -3.72 -3.23
Namibia -5.20 Dec/15   -5.03 -4.87 -4.72 -4.56 -3.46
Nepal -1.70 Dec/16   -2.84 -3.03 -3.22 -3.41 -3.13
Netherlands -1.80 Dec/15 -1.8 -1.8 -1.67 -1.3 -0.2
New Zealand 0.70 Dec/16   -0.33 0.3 0.3 0.9 -3.63
Nicaragua -1.60 Dec/15   -1.57 -1.52 -1.46 -1.41 -0.61
Niger -6.90 Dec/15   -5.55 -5.84 -6.14 -6.43 -4.2
Nigeria -1.60 Dec/15   -3.8 -3.8 -3.8 -3.8 -2.3
Norway 5.70 Dec/15   8.51 8.01 7.5 7 9.12
Oman -17.10 Dec/15   -16.2 -16.2 -14.71 -16.2 -9.8
Pakistan -5.30 Dec/15   -3.8 -3.8 -3.8 -3.8 -1.5
Palestine 0.70 Dec/15   2.21 2.05 1.89 1.73 -0.97
Panama -3.90 Dec/15   -2.61 -2.72 -2.83 -2.94 -2.03
Papua New Guinea -3.20 Dec/15   -3.36 -2.62 -1.87 -1.13 -0.53
Paraguay -1.50 Dec/15   -2.04 -2.02 -2.01 -1.99 -1.81
Peru -2.60 Dec/16   -2.17 -2.17 -1.69 -2.6 -1.76
Philippines -0.90 Dec/15   -1.11 -1.13 -1.16 -1.19 -2.62
Poland -2.60 Dec/15   -1.9 -1.9 -3.28 -1.9 -0.5
Portugal -4.40 Dec/15   -2.8 -2.8 -2.8 -2.8 -0.9
Qatar 16.10 Dec/14   -5.3 -5.3 -5.3 -5.3 -3.3
Republic of the Congo -3.50 Dec/15   -1.51 -1.88 -2.26 -2.63 -1.76
Romania -0.70 Dec/15   -2.5 -2.5 -0.69 -2.3 -0.2
Russia -2.60 Dec/15   -3 -3 -3 -3 -1.3
Rwanda -4.80 Dec/15   -3.2 -3.24 -3.28 -3.32 -2.32
Sao Tome and Principe -5.30 Dec/15   7.67 7.66 7.66 7.66 1.61
Saudi Arabia -17.30 Dec/16   -7.7 -7.7 -7.7 -7.7 -2.9
Senegal -4.50 Dec/15   -4.65 -4.92 -5.19 -5.46 -5.1
Serbia -2.90 Dec/15   -4.51 -3.95 -3.39 -2.83 -2.72
Seychelles 1.20 Dec/15   1.76 1.77 1.78 1.79 1.56
Sierra Leone -3.10 Dec/15   -3.71 -3.72 -3.74 -3.75 -3.29
Singapore 1.30 Dec/16   0.4 0.4 0.4 0.4 0.9
Slovakia -3.00 Dec/15   -2.5 -2.5 -3.17 -1.8 -0.6
Slovenia -2.90 Dec/15   -2.2 -2.2 -5.09 -2.2 -0.9
South Africa -4.20 Dec/15 -4.2 -4.2 -4.2 -4.2 -4.1
South Korea -3.00 Dec/15   -3.5 -3.5 -3.5 -3.5 -3.2
Spain -5.10 Dec/15   -3.2 -3.2 -4.35 -3.2 -1.1
Sri Lanka -7.40 Dec/15   -5.2 -5.2 -5.2 -5.2 -3.5
Sudan -1.60 Dec/16 -1.6 -1.6 -1.35 -1.8 -2.4
Suriname -9.80 Dec/15   -6.87 -8.39 -9.91 -11.43 -10.91
Swaziland -6.80 Dec/15   -6.17 -6.9 -7.62 -8.34 -1.88
Sweden 0.00 Dec/15   -0.5 -0.5 0.12 -0.5 0.9
Switzerland 0.00 Dec/15   0.16 0.16 0.15 0.14 -0.04
Syria -11.40 Dec/12   -11.11 -12.01 -12.91 -13.81 -17.75
Taiwan -1.40 Dec/16   -2.05 -1.94 -1.82 -1.71 -2.19
Tajikistan -1.70 Dec/16   -1.84 -2.24 -2.63 -3.03 -5.33
Tanzania -5.10 Dec/15   -6.55 -6.5 -6.45 -6.4 -6.16
Thailand -2.50 Dec/15   -2.4 -2.4 -2.4 -2.4 -3
Togo -5.30 Dec/15   -4.08 -4.24 -4.4 -4.56 -3.68
Trinidad and Tobago -4.20 Dec/15   -2.76 -2.96 -3.16 -3.36 -4.23
Tunisia -3.70 Dec/15   -4.09 -4.01 -3.94 -3.86 -3.95
Turkey -1.20 Dec/15   -1.3 -1.8 -1.8 -1.8 -0.4
Turkmenistan -1.00 Dec/15   1.67 1.2 0.73 0.26 -0.36
Uganda -3.60 Dec/15   -3.41 -3.35 -3.29 -3.23 -3.41
Ukraine -1.60 Dec/15   -3.73 -3.62 -3.51 -3.4 -3.51
United Arab Emirates 5.00 Dec/14   -1 -1 -2 -2 1.5
United Kingdom -4.40 Dec/15   -4.5 -4.5 -4.5 -4.5 -0.8
United States -3.20 Dec/16   -2.7 -2.7 -2.7 -2.7 -2.5
Uruguay -2.10 Dec/15   -2.26 -2.01 -1.76 -1.52 -1.62
Uzbekistan -0.10 Dec/16   0.04 0.05 0.05 0.05 -0.05
Venezuela -11.50 Dec/13   -8.47 -9.54 -10.62 -11.7 -10.72
Vietnam -5.40 Dec/15   -5.9 -5.9 -5.9 -5.9 -5.3
Yemen -8.00 Dec/13   -3.96 -4.13 -4.3 -4.46 -2.52
Zambia -8.10 Dec/15   -4.9 -4.83 -4.76 -4.68 -6.1
Zimbabwe -1.70 Dec/15   -1.64 -1.72 -1.81 -1.9 -2.01


This page provides forecasts for Government Budget including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions. 3/24/2017