20 economies that have the biggest budget revenues

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.

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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Saudi Arabia

Rank: 20

Revenues: $221,100 million (Rs 13,20,851.4 crore)

Expenditures: $218,700 million (Rs 13,06,513.8 crore)

Deficit/Surplus: +$2,400 million (Rs 14,337.6 crore)

Deficit/Surplus (%): NA

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Belgium

Rank: 19

Revenues: $249,600 million (Rs 14,91,110.4 crore)

Expenditures: $271,200 million (Rs 16,20,148.8 crore )

Deficit/Surplus: -$21,600 million (Rs 129,038.4)

Deficit/Surplus (%): NA

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Mexico

Rank: 18

Revenues: $263,200 million (Rs 15,72,356.8 crore)

Expenditures: $292,200 million (Rs 17,45,602.8 crore)

Deficit/Surplus: -$29,000 million (Rs 173,246 crore)

Deficit/Surplus (%): NA

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South Korea

Rank: 17

Revenues: $267,900 million (Rs 16,00,434.6 crore)

Expenditures: $242,000 million (Rs 14,45,708 crore)

Deficit/Surplus: +$25,900 million (Rs 154,726.6 crore)

Deficit/Surplus (%): NA

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Sweden

Rank: 16

Revenues: $277,600 million (Rs 16,58,382.4 crore)

Expenditures: $277,100 million (Rs 16,55,395.4 crore)

Deficit/Surplus: +$0,500 million (Rs 2,987 crore)

Deficit/Surplus (%): NA

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Norway

Rank: 15

Revenues: $280,500 million (Rs 16,75,707 crore)

Expenditures: $209,500 million (Rs 12,51,553 crore)

Deficit/Surplus: +$71,000 million (Rs 424,154 crore)

Deficit/Surplus: 25.3 per cent

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India

Rank: 14

Revenues: $210,000 million (Rs 12,54,540 crore)

Expenditures: $302,000 million (Rs 18,04,148 crore)

Deficit/Surplus: -$92,000 million (Rs 549,608 crore)

Deficit/Surplus: -30.5 per cent

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Netherlands

Rank: 13

Revenues: $381,300 million (Rs 22,77,886.2 crore)

Expenditures: $420,400 million (Rs 25,11,469.6 crore)

Deficit/Surplus: -$39,100 million (Rs 233,583.4 crore)

Deficit/Surplus (%): NA

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Russia

Rank: 12

Revenues: $382,800 million (Rs 22,86,847.2 crore)

Expenditures: $376,200 million (Rs 22,47,418.8 crore)

Deficit/Surplus: +$6,600 million (Rs 39,428.4 crore)

Deficit/Surplus: 1.75 per cent

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Australia

Rank: 11

Revenues: $498,100 million (Rs 29,75,649.4 crore)

Expenditures: $541,000 million (Rs 32,31,934 crore)

Deficit/Surplus: -$42,900 million (Rs 256,284.6 crore)

Deficit/Surplus: -8.61 per cent

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Spain

Rank: 10

Revenues: $545,200 million (Rs 32,57,024.8 crore)

Expenditures: $672,100 million (Rs 40,15,125.4 crore)

Deficit/Surplus: -$126,900 million (Rs 758,100.6 crore)

Deficit/Surplus: -18.88 per cent

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Canada

Rank: 9

Revenues: $660,200 million (Rs 39,44,034.8 crore)

Expenditures: $747,800 million (Rs 44,67,357.2 crore)

Deficit/Surplus: -$87,600 million (Rs 523,322.4 crore)

Deficit/Surplus: -11.71 per cent

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Brazil

Rank: 8

Revenues: $978,300 million (Rs 58,44,364.2 crore)

Expenditures: $901,000 million (Rs 53,82,574 crore)

Deficit/Surplus: +$77,300 million (Rs 461,790.2 crore)

Deficit/Surplus: 8.6 per cent

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United Kingdom

Rank: 7

Revenues: $986,500 million (Rs 58,93,351 crore)

Expenditures: $1,188,000 million (Rs 70,97,112 crore)

Deficit/Surplus: -$201,500 million (Rs 12,03,761 crore)

Deficit/Surplus: -16.96 per cent

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Italy

Rank: 6

Revenues: $1,025,100 million (Rs 61,23,947.4 crore)

Expenditures: $1,112,000 million (Rs 66,43,088 crore)

Deficit/Surplus: -$86,900 million (Rs 519,140.6 crore)

Deficit/Surplus: -7.81 per cent

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France

Rank: 5

Revenues: $1,386,000 million (Rs 82,79,964 crore)

Expenditures: $1,535,000 million (Rs 91,70,090 crore)

Deficit/Surplus: -$149,000 million (Rs 890,126 crore)

Deficit/Surplus: -9.71 per cent

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Germany

Rank: 4

Revenues: $1,551,000 million (Rs 92,65,674 crore)

Expenditures: $1,588,000 million (Rs 94,86,712 crore)

Deficit/Surplus: -$37,000 million (Rs 221,038 crore)

Deficit/Surplus: -2.33 per cent

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China

Rank: 3

Revenues: $1,646,000 million (Rs 98,33,204 crore)

Expenditures: $1,729,000 million (Rs 103,29,046 crore)

Deficit/Surplus: -$83,000 million (Rs 495,842 crore)

Deficit/Surplus: -4.8 per cent

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Japan

Rank: 2

Revenues: $1,971,000 million (Rs 117,74,754 crore)

Expenditures: $2,495,000 million (Rs 149,05,130 crore)

Deficit/Surplus: -$524,000 million (Rs 31,30,376 crore)

Deficit/Surplus: -21 per cent

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United States

Rank: 1

Revenues: $2,902,000 million (Rs 173,36,548 crore)

Expenditures: $3,803,000 million (Rs 227,19,122 crore)

Deficit/Surplus: -$901,000 million (Rs 53,82,574 crore)

Deficit/Surplus: -31 per cent

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