The Best Practice Network Guidelines | The Best Practice Network » 2010 Worst Country Budget http://www.best-practice.com Definition of a best practice. 'Best Practices' are rules, standards, regulation relating to compliance, audit, risk management. Sat, 14 Sep 2013 10:48:44 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 2010 worst country budgets http://www.best-practice.com/compliance-best-practices/government-budgets/2010-worst-country-budget/2010-worlds-25-budget-worst-practice-30102011/ http://www.best-practice.com/compliance-best-practices/government-budgets/2010-worst-country-budget/2010-worlds-25-budget-worst-practice-30102011/#comments Sun, 30 Oct 2011 22:09:22 +0000 Bernard-Louis Roques http://www.best-practice.com/?p=983 This page has a list of the worst 25 countries in budget best practice, or “25 worst practice”, ranked by Government Budget Deficit over GDP (in %).

A government budget is made of two basic elements: revenues and expenses.

Revenues are derived primarily from taxes and asset sell-of.

Government expenses include spending , investment (such as infrastructure or research & development), social and welfare expenses.

Country

Budget  deficit

as a % of GDP
Ireland

-31,3
Botswana

-10,7
Greece

-10,6
United Kingdom

-10,3
United States

-10,3
Portugal

-9,8
Spain

-9,3
Tanzania

-8,8
Latvia

-8,3
Egypt

-8,1
Poland

-7,8
Slovakia

-7,7
Ghana

-7,5
France

-7,1
Namibia

-7,1
Lithuania

-7
Romania

-6,9
Kenya

-6,4
Pakistan

-6,3
Euro Area

-6,2
Slovenia

-5,8
Malaysia

-5,6
Ukraine

-5,5
India

-5,1
Netherlands

-5,1
]]> http://www.best-practice.com/compliance-best-practices/government-budgets/2010-worst-country-budget/2010-worlds-25-budget-worst-practice-30102011/feed/ 0