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20 economies that have the biggest budget revenues

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

Image: 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.
Photographs: Courtesy, PIB

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

20 economies that have the biggest budget revenues

Image: Al-Masjid al-Nabawi, it is the Masjid of Mohammed the prophet of Islam.
Photographs: Noumenon/Wikimedia Commons

Saudi Arabia

Rank: 20

Revenues (million/$): 221,100

Expenditures (million/$): 218,700

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

Deficit/Surplus (%): NA

20 economies that have the biggest budget revenues

Image: The King's House is seen in this general view of the Brussels' Grand Place.
Photographs: Francois Lenoir/Reuters

Belgium

Rank: 19

Revenues (million/$): 249,600

Expenditures (million/$): 271,200

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

Deficit/Surplus (%): NA

Tags: NA , Belgium

20 economies that have the biggest budget revenues

Image: The national presidential palace is lit up in the colours of the Mexican flag during a sound and light show in Mexico City.
Photographs: Daniel Aguilar/Reuters

Mexico

Rank: 18

Revenues (million/$): 263,200

Expenditures (million/$): 292,200

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

Deficit/Surplus (%): NA

Tags: NA , Mexico

20 economies that have the biggest budget revenues

Image: Gangnam district of Seoul.
Photographs: Duesride/Wikimedia Commons

South Korea

Rank: 17

Revenues (million/$): 267,900

Expenditures (million/$): 242,000

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

Deficit/Surplus (%): NA

20 economies that have the biggest budget revenues

Image: Turning Torso and Vastra Hamnen by night.
Photographs: Bjaglin/Wikimedia Commons

Sweden

Rank: 16

Revenues (million/$): 277,600

Expenditures (million/$): 277,100

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

Deficit/Surplus (%): NA

Tags: NA , Sweden

20 economies that have the biggest budget revenues


Photographs: Sveter/Wikimedia Commons

Norway

Rank: 15

Revenues (million/$): 280,500

Expenditures (million/$): 209,500

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

Deficit/Surplus (%): 25.3

Tags: Norway

20 economies that have the biggest budget revenues


Photographs: Buddhika Weerasinghe/Getty Images

India

Rank: 14

Revenues (million/$): 210,000

Expenditures (million/$): 302,000

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

Deficit/Surplus (%): -30.5

Tags: India

20 economies that have the biggest budget revenues

Image: The Distilleerketel, a windmill built in 1727 and used to grind rye, can be seen at Delfshaven, an area of Rotterdam.
Photographs: Michael Kooren/Reuters

Netherlands

Rank: 13

Revenues (million/$): 381,300

Expenditures (million/$): 420,400

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

Deficit/Surplus (%): NA

20 economies that have the biggest budget revenues

Image: Moscow City Skyling
Photographs: Dmitry97ken/Wikimedia Commons

Russia

Rank: 12

Revenues (million/$): 382,800

Expenditures (million/$): 376,200

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

Deficit/Surplus (%): 1.75

Tags: Russia

20 economies that have the biggest budget revenues

Image: A tall ship sails past the Sydney Opera House as it enters Sydney Harbour.
Photographs: Reuters

Australia

Rank: 11

Revenues (million/$): 498,100

Expenditures (million/$): 541,000

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

Deficit/Surplus (%): -8.61

Tags: Australia

20 economies that have the biggest budget revenues

Image: 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.
Photographs: Marcelo Del Pozo/Reuters

Spain

Rank: 10

Revenues (million/$): 545,200

Expenditures (million/$): 672,100

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

Deficit/Surplus (%): -18.88

Tags: Spain

20 economies that have the biggest budget revenues

Image: CN Tower in Toronto.
Photographs: Wladyslaw/Wikimedia Commons

Canada

Rank: 9

Revenues (million/$): 660,200

Expenditures (million/$): 747,800

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

Deficit/Surplus (%): -11.71

Tags: Canada

20 economies that have the biggest budget revenues

Image: Sao Paulo skyline.
Photographs: Julio Boaro/Wikimedia Commons

Brazil

Rank: 8

Revenues (million/$): 978,300

Expenditures (million/$): 901,000

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

Deficit/Surplus (%): 8.6

Tags: Brazil

20 economies that have the biggest budget revenues

Image: London skyline.
Photographs: Reuters

United Kingdom

Rank: 7

Revenues (million/$): 986,500

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

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

Deficit/Surplus (%): -16.96

20 economies that have the biggest budget revenues

Image: Colosseum in Rome.
Photographs: Diliff/Wikimedia Commons

Italy

Rank: 6

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

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

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

Deficit/Surplus (%): -7.81

Tags: Italy

20 economies that have the biggest budget revenues

Image: A man jumps in a fountain of the Trocadero Square in front of the Eiffel Tower, Paris.
Photographs: Benoit Tessier/Reuters

France

Rank: 5

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

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

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

Deficit/Surplus (%): -9.71

Tags: France

20 economies that have the biggest budget revenues

Image: 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.
Photographs: Kai Pfaffenbach/Reuters

Germany

Rank: 4

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

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

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

Deficit/Surplus (%): -2.33

Tags: Germany

20 economies that have the biggest budget revenues

Image: Pudong skyline.
Photographs: J. Patrick Fischer/Wikimedia Commons

China

Rank: 3

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

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

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

Deficit/Surplus (%): -4.8

Tags: China

20 economies that have the biggest budget revenues

Image: Tokyo skyline.
Photographs: Reuters

Japan

Rank: 2

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

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

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

Deficit/Surplus (%): -21

Tags: Japan

20 economies that have the biggest budget revenues

Image: The Statue of Liberty and Liberty Island are seen in front of the Lower Manhattan skyline.
Photographs: Adrees Latif/Reuters

United States

Rank: 1

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

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

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

Deficit/Surplus (%): -31