The annual budget deficit is nearly 10 of GDP, higher than any of the eurozone countries. With nominal GDP stagnating, that deficit is causing the debt GDP ratio to rise by 10 annually.

To achieve that, the current deficit of 14 of GDP would have to fall to 5 of GDP or less.

None of this would be enough to save Greece, where the fiscal deficit is 7.5 of GDP, or Portugal, where it is 5 of GDP.

The fiscal deficit was equivalent to 3 of GDP in 2009, which generated 3 GDP growth, while the deficit in 2008 was literally zero.

The US federal deficit is an alarming 12 of GDP, and public debt as a share of national income is already projected to double, to 80 of GDP.

He then announced a bold consolidation program to cut the cyclically adjusted deficit by 1.5 of GDP per year, thereby targeting a deficit of 3.5 of GDP in 2013.

Japan s GDP share is about one third of Asia and 8 of the world.

At the same time, the fiscal deficit is more than 7 of GDP.

Measured over a five year period (2007 2012), the US has thus not done any better than the eurozone, although it has relied on a much larger dose of fiscal expansion.

The economy is contracting so much that the debt GDP ratio is actually increasing, and the actual deficit is improving only marginally, because government revenues are falling along with GDP.

For example, Egypt s fiscal deficit will exceed 11 of GDP this year.

The fiscal deficit in the United States this year is likely to exceed 10 of GDP.

High budget deficits caused the 1998 Russian financial crisis and resulted in a further GDP decline.

After varying between 25 and 50 of GDP for the past half century, the recent budget deficits have caused the debt to reach 62 of GDP.

With a debt GDP ratio of 230 , a four percentage point rise in borrowing costs would cause the annual deficit to double, to 20 of GDP.

The advanced countries face a dismal budgetary situation, with deficits averaging 9 of GDP in 2009 and the prospect of public debt ratios rising from roughly 70 of GDP prior to the crisis to more than 100 of GDP in 2015.

In just two years, Greece s budget deficit jumped from 4 of GDP to 13 .

And that would push a 7 of GDP fiscal deficit to 11 .

The United States trade and current account deficits have begun to shrink relative to American and world GDP.

The Congressional Budget Office projects that the US government s budget deficit will average 5.2 of GDP over the next decade, and be 5.5 of GDP a decade from now.

He would also lower personal tax rates by 20 , and make up lost revenue by limiting tax deductions and credits, particularly at the upper end, thereby raising about 18.5 of GDP, just above the historical average, at full employment.

Rwanda s current account has deteriorated steadily, with the deficit now exceeding 10 of GDP.

The United States' current account deficit reached 5.7 of GDP in the second quarter of 2004.

At a minimum, that would mean reducing the deficit to a level that stops the rise in the debt to GDP ratio.

Sweden accumulated a current account surplus of 53 of GDP, in contrast to America s 48 of GDP deficit.

The difference between the overall deficit and the primary deficit implies that the interest on the Greek national debt this year will be 4.1 of GDP.

According to the CBO, without legislative changes, the fiscal deficit in 2037 will be 17 of GDP, while the national debt will increase to more than 195 of GDP.

One of the determining factors of health expenditure is the level of gross domestic product (GDP) and the share of health expenditure in GDP.

Deficits are riskier if the level of the national debt, the accumulation of all previous deficits, is high or rapidly rising relative to GDP.

Besides mining (21.8 of GDP) and agriculture (16 of GDP), dominant industries in the composition of GDP are wholesale and retail trade and service, transportation and storage, and real estate activities.

Even after a year of excruciating spending cuts, the budget deficit still exceeds 10 of GDP.

In Europe, large deficits and exploding debt to GDP ratios have alarmed creditors and provoked political tension.

Consider Green GDP.

The Problem with Poor Countries GDP

Nicolas Sarkozy came to power with lots of talk of structural reforms he is now weakened even within his own party and lost regional elections to the left (the only case in Europe of a shift to the left in recent elections).

The US is starting on its privatization venture with a fiscal deficit of 4 of GDP.

With the current account deficit now exceeding 5 of GDP, US foreign debt is rising fast.

For Greece, with an overall deficit of 4.1 of GDP and a debt GDP ratio of 170 , the debt ratio would fall if the combination of inflation and real (inflation adjusted) GDP growth exceeded 2.4 .

The Black Hole in America s GDP

approximately 16.2 of gross domestic product(GDP).

The French government share in GDP is 54 , while Germany s is only 47 .

It had a fiscal surplus before the crisis after the crisis, its deficit increased to more than 11 of GDP.

The budget deficit is again out of control, and well over the 3 of GDP Maastricht ceiling.

In Spain, Portugal, and Greece, the deficit has been reduced by more than seven percentage points of GDP since 2007, and in Ireland the current account balance has swung into surplus.

And the tax burden, which has exceeded 40 of GDP since 1990, now stands at almost 43 of GDP.