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.

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 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.

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

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.

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.

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

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

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.

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

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.

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.

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.

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.

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

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.

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.

The ratio of savings to gross domestic product has risen.

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

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 .

But, as investment now rises relative to saving, there is a danger that the US current account deficit, which fell from 6 of GDP in 2006 to barely 2.5 of GDP last year, will widen again.

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.

Owing to strong GDP growth, the debt to GDP ratio decreased from 100.2 per cent to 95.1 per cent.

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.

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.

The prospect of reducing public deficits to less than 3 of GDP is unrealistic in both the Netherlands and Spain.

The budget deficit will likely be in the range of 8 10 of GDP, even if growth comes back to some extent.

As this year s deficit is projected to be more than 12 of a shrinking GDP, the debt to GDP ratio will soar above 125 by the end of 2010, the highest in the euro zone.

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

France s debt GDP ratio is already around 90 even if its 2013 budget deficit does not exceed 3.5 of GDP, its debt GDP ratio will have climbed to 93 by the end of the year.

Consider Green GDP.

The Problem with Poor Countries GDP

It is likely to rise to more than 60 of GDP by the end of 2010, with the debt to GDP ratio continuing to increase.