File:Government-Vedder-Highsmith-detail-1.jpeg · Wikimedia Commons · See Wikimedia Commons
In the Vinony graph
Within Vinony's link graph, budget deficit connects to government budget balance.
Vinony links it to 34 Wikipedia language editions.
Wikidata facts
- Subclass of
- government budget balance
- Said to be same as
- deficit pubblico
Show 2 more facts
- different from
- Déficit
- Commons category
- Public deficit
Sources (2)
via Wikidata · CC0
~35 min read
Encyclopedic overview
Government budget balance (% of GDP, 2025, IMF)
The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between government revenues and spending. For a government that uses accrual accounting (rather than cash accounting) the budget balance is calculated using only spending on current operations, with expenditure on new capital assets excluded. A positive balance is called a government budget surplus, and a negative balance is a government budget deficit. A government budget presents the government's proposed revenues and spending for a financial year.
Excerpted from Wikipedia’s “budget deficit” article, available under the CC BY-SA 4.0 licence.