Government Budget | Forecast | 2016-2020

Last Q3/16 Q4/16 Q1/17 Q2/17 2020
United States -2.50 Dec/15   -3.78 -3.81 -3.86 -3.91 -2.5
Euro Area -2.10 Dec/15   -2 -2 -1.7 -1.7 -0.8
China -2.30 Dec/15   -2.32 -2.24 -2.13 -2.02 -2.06
Japan -6.00 Dec/15   -6.03 -5.73 -5.72 -5.71 -5.66
Germany 0.70 Dec/15   0.2 0.2 0.5 0.5 1
United Kingdom -4.40 Dec/15   -4.1 -4.1 -3.8 -3.8 -0.8
France -3.60 Dec/15   -3.4 -3.4 -3.2 -3.2 -1.9
India -3.90 Dec/15   -3.4 -3.4 -3.5 -3.5 -1.5
Italy -2.60 Dec/15   -2.5 -2.5 -2.5 -2.5 -0.5
Brazil -10.30 Dec/15   -11 -11 -11.5 -11.5 -7
Canada 0.10 Dec/15   -0.2 -0.2 -0.2 -0.2 -0.7
South Korea -3.00 Dec/15   -3.2 -3.2 -3.5 -3.5 -3.2
Australia -2.40 Dec/15   -3.4 -3.7 -3.5 -3.5 -1.8
Russia -2.60 Dec/15   -3.2 -3.2 -3 -3 -1.7
Spain -5.10 Dec/15   -3.9 -3.9 -3.9 -3.9 -1.1
Mexico -3.50 Dec/15   -3 -3 -3 -3 -2.95
Indonesia -2.53 Dec/15   -2.7 -2.7 -3.1 -3.1 -2.5
Last Q3/16 Q4/16 Q1/17 Q2/17 2020
Afghanistan -37.00 Dec/14   -31.25 -32.39 -31.73 -31.06 -26.5
Albania -4.00 Dec/15   -3.96 -3.67 -3.73 -3.78 -3.87
Algeria -2.10 Dec/14   -2.27 -1.5 -1.98 -1.98 2.16
Angola -2.20 Dec/14   -3.5 -3 0.81 0.81 -2.18
Argentina -5.40 Dec/15   -3.7 -3.7 -3.8 -3.8 -2.5
Armenia -4.80 Dec/15   -5.2 -5.2 -4.1 -4.1 -1.9
Aruba -4.20 Dec/15   -5.56 -5.45 -5.5 -5.55 -6.34
Australia -2.40 Dec/15   -3.4 -3.7 -3.5 -3.5 -1.8
Austria -1.20 Dec/15   -1.5 -1.5 -1.5 -1.5 -0.4
Azerbaijan -1.20 Dec/15   -1.71 -2.22 -1.92 -1.63 0.14
Bahamas -4.40 Dec/15   -3.96 -3.58 -3.64 -3.7 -4.91
Bahrain -5.00 Dec/14   -2.5 -1.79 -3.87 -5.94 -8.34
Bangladesh -4.70 Dec/15   -3.92 -4 -3.97 -3.94 -3.69
Barbados -7.90 Dec/13   -10.74 -12.36 -12.04 -11.72 -14.37
Belarus 1.80 Dec/15   0.43 0.5 0.52 0.53 0.65
Belgium -2.60 Dec/15   -2.5 -2.5 -2.5 -2.5 -0.8
Belize -8.40 Dec/15   -6.39 -7.23 -7.4 -7.57 -4.06
Benin -1.10 Dec/14   -1.55 -1.49 -1.52 -1.55 -1.66
Bhutan -2.40 Dec/15   1.22 2.6 1.63 0.66 1.2
Bolivia -2.54 Dec/14   -3.13 -3.31 -3.82 -4.33 -0.19
Bosnia and Herzegovina 0.70 Dec/15   1.46 2.37 2.19 2 -0.86
Botswana 0.20 Dec/15   1.47 0.56 0.62 0.68 1.16
Brazil -10.30 Dec/15   -11 -11 -11.5 -11.5 -7
Brunei -14.00 Dec/15   -11.22 -11.85 -10.14 -8.44 1.75
Bulgaria -2.10 Dec/15   -2 -2 -2 -2 -0.8
Burkina Faso -3.70 Dec/14   -1.92 -1.95 -2.02 -2.1 -2.2
Burundi -8.30 Dec/14   -9.13 -9.2 -9.01 -8.83 -8.46
Cambodia -2.40 Dec/15   -2.66 -2.22 -2.26 -2.29 -2.27
Cameroon -6.40 Dec/15   -5.44 -5.33 -5.33 -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   -3.82 -3.05 -2.97 -2.89 -4.53
Cayman Islands 3.40 Dec/14   2.13 1.79 1.49 1.18 1.56
Central African Republic -3.20 Dec/14   -2.43 -2.01 -1.85 -1.7 -0.72
Chad -5.60 Dec/14   -2.33 -2.28 -1.72 -1.16 -1.83
Chile -2.20 Dec/15   -0.78 -0.87 -0.52 -0.17 1.19
China -2.30 Dec/15   -2.32 -2.24 -2.13 -2.02 -2.06
Colombia -2.40 Dec/14   -3.9 -4 -3.3 -3.3 -3
Comoros -0.60 Dec/14   6.3 7.2 4.07 0.94 -0.33
Congo -3.70 Dec/14   -2.81 -3.28 -2.89 -2.5 -2.71
Costa Rica -5.60 Dec/15   -4.05 -4.04 -3.86 -3.67 -0.53
Croatia -3.20 Dec/15   -2.5 -2.5 -2.5 -2.5 -2.5
Cuba -5.70 Dec/15   -6.13 -7.18 -7.09 -7 -5.1
Cyprus -1.00 Dec/15   -0.3 -0.3 -0.3 -0.3 1.3
Czech Republic -0.40 Dec/15   -0.3 -0.3 -1 -1 0.3
Denmark -2.10 Dec/15   -2.8 -2.8 -2.8 -2.8 -0.3
Djibouti -2.60 Dec/14   -1.96 -2 -2.04 -2.09 -2.13
Dominican Republic 0.15 Dec/15   -2.63 -2.66 -2.49 -2.33 -2.48
East Timor -29.70 Dec/13   -17.57 -13.42 -10.44 -7.45 -1.96
Ecuador -4.00 Dec/13   -2.53 -2.55 -2.28 -2.01 -1.18
Egypt -11.50 Dec/15   -11.52 -11.34 -11.32 -11.31 -11.23
El Salvador -3.43 Dec/14   -3.78 -3.69 -3.58 -3.47 -3.46
Equatorial Guinea -7.20 Dec/14   -5.61 -4.96 -4.95 -4.93 -4.92
Eritrea -10.70 Dec/14   -10.62 -10.67 -10.67 -10.67 -10.67
Estonia 0.40 Dec/15   -0.1 -0.1 -0.2 -0.2 0.5
Ethiopia -2.60 Dec/14   -2.54 -2.54 -2.5 -2.45 -2.14
Euro Area -2.10 Dec/15   -2 -2 -1.7 -1.7 -0.8
European Union -2.40 Dec/15   -2.1 -2.1 -2.1 -2.1 -1.4
Fiji -4.10 Dec/14   -2.92 -3.12 -2.89 -2.67 -2.45
Finland -2.70 Dec/15   -2.4 -2.4 -2.4 -2.4 -0.9
France -3.60 Dec/15   -3.4 -3.4 -3.2 -3.2 -1.9
Gabon -6.60 Dec/14   -3.89 -4.91 -4.5 -4.08 -4.24
Gambia -8.70 Dec/14   -7.47 -7.38 -7.17 -6.96 -7.24
Georgia -3.70 Dec/15   -3 -3 -2.8 -2.8 -3.15
Germany 0.70 Dec/15   0.2 0.2 0.5 0.5 1
Ghana -6.70 Dec/15   -8.01 -7.69 -7.78 -7.86 -8.2
Greece -7.20 Dec/15   -4.6 -4.6 -3.9 -3.9 -1.8
Guatemala -1.90 Dec/14   -2.26 -2.19 -2.21 -2.22 -2.22
Guinea -4.20 Dec/14   -0.69 -0.04 -0.86 -1.69 -3.14
Guinea Bissau -2.10 Dec/14   -1.8 -0.87 -0.79 -0.71 -0.42
Guyana -1.40 Dec/15   -3.05 -2.33 -2.29 -2.25 -2.68
Haiti 3.98 Dec/15   3.67 3.76 3.56 3.36 2.71
Honduras -4.90 Dec/14   -4.95 -4.54 -4.49 -4.43 -4.02
Hong Kong 1.30 Dec/15   1.06 0.33 0.53 0.73 0.75
Hungary -1.90 Dec/15   -1.7 -1.7 -1.7 -1.7 -0.9
Iceland -0.50 Dec/15   -0.91 -1.1 -1.29 -1.49 -2.09
India -3.90 Dec/15   -3.4 -3.4 -3.5 -3.5 -1.5
Indonesia -2.53 Dec/15   -2.7 -2.7 -3.1 -3.1 -2.5
Iran -2.58 Dec/15   -3.45 -4.34 -3.29 -2.25 -1.37
Iraq -2.69 Dec/14   -12 -12 -8 -8 -5.8
Ireland -2.30 Dec/15   -1.3 -1.3 -0.9 -0.9 0.8
Israel -2.15 Dec/15   -2.8 -2.8 -2.7 -2.7 -2.6
Italy -2.60 Dec/15   -2.5 -2.5 -2.5 -2.5 -0.5
Ivory Coast -2.20 Dec/14   -1 -0.96 -0.93 -0.91 -1.74
Jamaica -0.70 Dec/14   -3.57 -3.87 -3.87 -3.87 -1.75
Japan -6.00 Dec/15   -6.03 -5.73 -5.72 -5.71 -5.66
Jordan -3.50 Dec/15   -3.1 -3.1 -3.4 -3.4 -3.7
Kazakhstan -1.20 Dec/14   -1.36 -1.31 -1.4 -1.49 -1.56
Kenya -8.10 Dec/15   -9.21 -9.66 -10.05 -10.44 -8.89
Kosovo -2.40 Dec/14   -1.89 -1.86 -1.8 -1.74 -3.48
Kuwait 26.59 Dec/14   7.2 7.2 8.3 8.3 13.5
Kyrgyzstan -1.50 Dec/15   -1.64 -2.28 -2.08 -1.89 -2.28
Laos -4.70 Dec/15   -6.29 -6.52 -6.84 -7.16 -5.98
Latvia -1.30 Dec/15   -1.2 -1.2 -1.2 -1.2 0.2
Lebanon 5.35 Dec/15   -0.68 -2.48 -3.2 -3.91 7.07
Lesotho 1.00 Dec/14   3.86 3.1 4.11 5.12 1.23
Liberia -1.10 Dec/14   -4.5 -1.34 -1.25 -1.16 -0.44
Libya -49.10 Dec/14   -20.86 -22.14 -19.25 -16.37 -0.06
Lithuania -0.20 Dec/15   -1 -1 -1 -1 0.7
Luxembourg 1.20 Dec/15   0.8 0.8 0.8 0.8 1.3
Macedonia -3.50 Dec/15   -2.76 -2.78 -3 -3.22 -3.99
Madagascar -2.00 Dec/14   -2.66 -2.85 -2.74 -2.62 -2.17
Malawi -4.30 Dec/14   -3.55 -3.3 -2.47 -1.63 -4.09
Malaysia -3.20 Dec/15   -3.8 -3.8 -3.5 -3.5 -5.33
Maldives -6.90 Dec/15   -6.62 -7.67 -7.58 -7.5 -7.44
Mali -5.60 Dec/14   -0.91 -0.95 -0.99 -1.02 -0.97
Malta -1.50 Dec/15   -1.1 -1.1 -1.1 -1.1 0.6
Mauritania -3.40 Dec/14   -2.99 -3.52 -3.51 -3.51 -3.5
Mauritius -3.60 Dec/14   -3.31 -3.17 -3.47 -3.78 -4.68
Mexico -3.50 Dec/15   -3 -3 -3 -3 -2.95
Moldova -2.20 Dec/15   -2.15 -2.54 -2.4 -2.26 -2.21
Mongolia -3.10 Dec/15   -2.44 -1.51 -1.61 -1.71 -2.77
Montenegro -7.00 Dec/15   -7.79 -9.14 -9 -8.86 -8.7
Morocco -5.00 Dec/14   -3.45 -3.44 -3.13 -2.83 -3.92
Mozambique -11.10 Dec/15   -9 -9 -10 -10 -10.21
Myanmar -4.31 Dec/14   -3.67 -3.89 -4.04 -4.19 -3.35
Namibia -5.40 Dec/14   -0.99 -0.47 -0.41 -0.36 -2.85
Nepal -2.20 Dec/15   -3.08 -3.22 -3.46 -3.7 -2.7
Netherlands -1.80 Dec/15 -1.8 -1.8 -1.8 -1.8 -0.2
New Zealand 0.20 Dec/15   -0.92 -1.37 -1.71 -2.06 -5.18
Nicaragua -1.60 Dec/15   -1.46 -1.41 -1.34 -1.27 -0.61
Niger -6.90 Dec/15   -6.14 -6.43 -5.94 -5.44 -4.2
Nigeria -1.60 Dec/15   -4.2 -4.2 -3.8 -3.8 -2.3
Norway 5.70 Dec/15   7.5 7 7.22 7.44 9.12
Oman -17.10 Dec/15   -17.5 -17.5 -16.2 -16.2 -9.8
Pakistan -5.30 Dec/15   -3.5 -3.5 -3.8 -3.8 -1.5
Palestine 3.20 Dec/14   2.61 3.59 3.62 3.65 1.67
Panama -3.90 Dec/15   -2.83 -2.94 -2.7 -2.46 -2.03
Papua New Guinea -3.20 Dec/15   -1.87 -1.13 -0.85 -0.58 -0.53
Paraguay -1.50 Dec/15   -2.01 -1.99 -1.9 -1.81 -1.81
Peru -2.10 Dec/15   -2.9 -2.06 -2.17 -2.17 -1.76
Philippines -0.90 Dec/15   -1.16 -1.19 -1.26 -1.33 -2.62
Poland -2.60 Dec/15   -2.5 -2.5 -1.9 -1.9 -0.5
Portugal -4.40 Dec/15   -2.9 -2.9 -2.9 -2.9 -0.9
Qatar 16.10 Dec/14   -7.8 -7.8 -7.9 -7.9 3.5
Republic of the Congo -5.40 Dec/14   4.13 1.64 2.01 2.37 -0.24
Romania -0.70 Dec/15   -2.5 -2.5 -2.5 -2.5 -0.2
Russia -2.60 Dec/15   -3.2 -3.2 -3 -3 -1.7
Rwanda -4.30 Dec/14   -5.48 -6.21 -5.73 -5.25 -4.3
Sao Tome and Principe -9.40 Dec/14   5.14 5.23 5.54 5.84 2.36
Saudi Arabia -15.00 Dec/15   -7.3 -7.3 -5 -5 -2.9
Senegal -5.10 Dec/14   -4.45 -4.09 -4.34 -4.59 -4.83
Serbia -2.90 Dec/15   -3.39 -2.83 -2.81 -2.8 -2.72
Seychelles 1.20 Dec/15   1.78 1.79 1.78 1.77 1.56
Sierra Leone -1.20 Dec/14   -2.54 -3.27 -3.33 -3.39 -3.44
Singapore -1.20 Dec/15   -0.5 -0.5 -0.7 -0.7 -0.17
Slovakia -3.00 Dec/15   -2.5 -2.5 -2.5 -2.5 -0.6
Slovenia -2.90 Dec/15   -2.2 -2.2 -2.2 -2.2 -0.9
South Africa -4.20 Dec/15   -4.3 -4.3 -4.2 -4.2 -4.1
South Korea -3.00 Dec/15   -3.2 -3.2 -3.5 -3.5 -3.2
Spain -5.10 Dec/15   -3.9 -3.9 -3.9 -3.9 -1.1
Sri Lanka -7.40 Dec/15   -8.2 -8.2 -7.8 -7.8 -6.5
Sudan -0.90 Dec/14   -1.6 -1.6 -1.6 -1.6 -2.4
Suriname -9.80 Dec/15   -9.91 -11.43 -11.15 -10.87 -10.91
Swaziland -3.00 Dec/14   -4.45 -5.23 -5.71 -6.2 -1.9
Sweden 0.00 Dec/15   -0.5 -0.5 -0.5 -0.5 0.9
Switzerland 0.00 Dec/15   0.15 0.14 0.14 0.13 -0.04
Syria -11.40 Dec/12   -12.91 -13.81 -14.19 -14.57 -17.75
Taiwan -1.50 Dec/15   -2 -2.18 -2.23 -2.28 -1.87
Tajikistan 0.80 Dec/15   -0.76 -1.37 -1.71 -2.05 -5.19
Tanzania -5.10 Dec/15   -6.45 -6.4 -6.62 -6.84 -6.16
Thailand -2.50 Dec/15   -2.4 -2.4 -2.4 -2.4 -2.52
Togo -4.90 Dec/14   -3.33 -3.31 -3.46 -3.62 -3.26
Trinidad and Tobago -1.50 Dec/14   -1.87 -2.19 -2.21 -2.23 -2.11
Tunisia -4.70 Dec/14   -4.1 -5.79 -5.02 -4.26 -4.1
Turkey -1.20 Dec/15   -1.6 -1.6 -1.3 -1.3 -0.4
Turkmenistan -1.00 Dec/15   0.73 0.26 0.07 -0.11 -0.36
Uganda -4.50 Dec/14   -4.34 -4.51 -4.23 -3.95 -3.59
Ukraine -1.60 Dec/15   -3.51 -3.4 -3.43 -3.45 -3.51
United Arab Emirates 5.00 Dec/14   -0.8 -1 -1 -1 1.5
United Kingdom -4.40 Dec/15   -4.1 -4.1 -3.8 -3.8 -0.8
United States -2.50 Dec/15   -3.78 -3.81 -3.86 -3.91 -2.5
Uruguay -3.56 Dec/15   -3.85 -3.98 -3.87 -3.75 -4.03
Uzbekistan 0.10 Dec/15   0.05 0.05 0.05 0.04 -0.05
Venezuela -11.50 Dec/13   -10.62 -11.7 -11.56 -11.42 -10.72
Vietnam -5.40 Dec/15   -5.51 -5.58 -5.58 -5.58 -5.37
Yemen -8.00 Dec/13   -4.3 -4.46 -4.12 -3.77 -2.52
Zambia -8.10 Dec/15   -4.76 -4.68 -4.74 -4.79 -6.1
Zimbabwe -2.40 Dec/14   -1.98 -1.47 -1.54 -1.61 -1.87


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. 8/30/2016