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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
The Union Finance Minister, P. Chidambaram departs from North Block to Parliament House along with the Ministers of State for Finance, Namo Narain Meena (right) and Jesudasu Seelam to present the Interim Budget 2014-15, in New Delhi.

Though India is one of the fastest growing economies, how big is the country’s budget compared to other countries in the world?

India ranks 14 ahead of oil economies such as Saudi Arabia and Iraq. Developed countries, however, are way ahead of the nation.

Let’s look at the top 20 countries in the world by budget revenues.

Sources: CIA World Factbook/Wikipedia

Note: Most of the figures are estimated

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Al-Masjid al-Nabawi, it is the Masjid of Mohammed the prophet of Islam.

Saudi Arabia

Rank: 20

Revenues (million/$): 221,100

Expenditures (million/$): 218,700

Deficit/Surplus (million/$): +2,400

Deficit/Surplus (%): NA

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
The King's House is seen in this general view of the Brussels' Grand Place.

Belgium

Rank: 19

Revenues (million/$): 249,600

Expenditures (million/$): 271,200

Deficit/Surplus (million/$): -21,600

Deficit/Surplus (%): NA

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
The national presidential palace is lit up in the colours of the Mexican flag during a sound and light show in Mexico City.

Mexico

Rank: 18

Revenues (million/$): 263,200

Expenditures (million/$): 292,200

Deficit/Surplus (million/$): -29,000

Deficit/Surplus (%): NA

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Gangnam district of Seoul.

South Korea

Rank: 17

Revenues (million/$): 267,900

Expenditures (million/$): 242,000

Deficit/Surplus (million/$): +25,900

Deficit/Surplus (%): NA

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Turning Torso and Vastra Hamnen by night.

Sweden

Rank: 16

Revenues (million/$): 277,600

Expenditures (million/$): 277,100

Deficit/Surplus (million/$): +0,500

Deficit/Surplus (%): NA

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST

Norway

Rank: 15

Revenues (million/$): 280,500

Expenditures (million/$): 209,500

Deficit/Surplus (million/$): +71,000

Deficit/Surplus (%): 25.3

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST

India

Rank: 14

Revenues (million/$): 210,000

Expenditures (million/$): 302,000

Deficit/Surplus (million/$): -92,000

Deficit/Surplus (%): -30.5

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
The Distilleerketel, a windmill built in 1727 and used to grind rye, can be seen at Delfshaven, an area of Rotterdam.

Netherlands

Rank: 13

Revenues (million/$): 381,300

Expenditures (million/$): 420,400

Deficit/Surplus (million/$): -39,100

Deficit/Surplus (%): NA

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Moscow City Skyling

Russia

Rank: 12

Revenues (million/$): 382,800

Expenditures (million/$): 376,200

Deficit/Surplus (million/$): +6,600

Deficit/Surplus (%): 1.75

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
A tall ship sails past the Sydney Opera House as it enters Sydney Harbour.

Australia

Rank: 11

Revenues (million/$): 498,100

Expenditures (million/$): 541,000

Deficit/Surplus (million/$): -42,900

Deficit/Surplus (%): -8.61

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Spanish matador Julian Lopez El Juli performs a pass to a bull during a bullfight at The Maestranza bullring in the Andalusian capital of Seville, southern Spain.

Spain

Rank: 10

Revenues (million/$): 545,200

Expenditures (million/$): 672,100

Deficit/Surplus (million/$): -126,900

Deficit/Surplus (%): -18.88

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
CN Tower in Toronto.

Canada

Rank: 9

Revenues (million/$): 660,200

Expenditures (million/$): 747,800

Deficit/Surplus (million/$): -87,600

Deficit/Surplus (%): -11.71

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Sao Paulo skyline.

Brazil

Rank: 8

Revenues (million/$): 978,300

Expenditures (million/$): 901,000

Deficit/Surplus (million/$): +77,300

Deficit/Surplus (%): 8.6

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
London skyline.

United Kingdom

Rank: 7

Revenues (million/$): 986,500

Expenditures (million/$): 1,188,000

Deficit/Surplus (million/$): -201,500

Deficit/Surplus (%): -16.96

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Colosseum in Rome.

Italy

Rank: 6

Revenues (million/$): 1,025,100

Expenditures (million/$): 1,112,000

Deficit/Surplus (million/$): -86,900

Deficit/Surplus (%): -7.81

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
A man jumps in a fountain of the Trocadero Square in front of the Eiffel Tower, Paris.

France

Rank: 5

Revenues (million/$): 1,386,000

Expenditures (million/$): 1,535,000

Deficit/Surplus (million/$): -149,000

Deficit/Surplus (%): -9.71

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Revellers toast after getting the first beer in the traditional one-litre Masskrug beer mugs at the opening day of the Munich Oktoberfest at the Theresienwiese in Munich.

Germany

Rank: 4

Revenues (million/$): 1,551,000

Expenditures (million/$): 1,588,000

Deficit/Surplus (million/$): -37,000

Deficit/Surplus (%): -2.33

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Pudong skyline.

China

Rank: 3

Revenues (million/$): 1,646,000

Expenditures (million/$): 1,729,000

Deficit/Surplus (million/$): -83,000

Deficit/Surplus (%): -4.8

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
Tokyo skyline.

Japan

Rank: 2

Revenues (million/$): 1,971,000

Expenditures (million/$): 2,495,000

Deficit/Surplus (million/$): -524,000

Deficit/Surplus (%): -21

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20 economies that have the biggest budget revenues

Last updated on: February 18, 2014 13:53 IST
The Statue of Liberty and Liberty Island are seen in front of the Lower Manhattan skyline.

United States

Rank: 1

Revenues (million/$): 2,902,000

Expenditures (million/$): 3,803,000

Deficit/Surplus (million/$): -901,000

Deficit/Surplus (%): -31