List of countries by government budget (PPP)

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This article includes a list of countries by their partial forecasted estimated government budgets . The GDP dollar (INT$) data given on this page are derived from purchasing power parity (PPP) calculations.

Contents

Comparisons using PPP are arguably more useful than nominal when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income. [1] PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index. [1] It is however limited when measuring financial flows between countries. [2] These surveys such as the International Comparison Program include both tradable and non-tradable goods in an attempt to estimate a representative basket of all goods. [1]

Estimating budgets

Note: For some federations like Brazil, only the federal budget is shown. For most other countries the total budget is shown. Although Germany is a federation, the statistics for Germany represent total general government spending. [3] Similar to Germany, Russia has a federative structure and a three layer budget system, here the total government spending is shown. [4]

List

Data are in millions of international dollars. Only sovereign states with over 500 billion in budget are included.

RankCountry Budget (PPP) GDP (PPP) [5] Govt. Expenditure
as %GDP [6]
1Flag of the United States.svg  United States 9,818,53420,807,26947.2
2Flag of the People's Republic of China.svg  China 8,761,78224,162,43536.2
3Flag of India.svg  India 2,704,8338,681,30331.2
4Flag of Japan.svg  Japan 2,519,3155,236,13848.1
5Flag of Germany.svg  Germany 2,401,5984,454,49853.9
6Flag of France.svg  France 1,863,8022,954,19663.1
7Flag of the United Kingdom.svg  United Kingdom 1,581,4382,978,56453.1
8Flag of Russia.svg  Russia 1,499,9054,021,73337.3
9Flag of Italy.svg  Italy 1,442,4342,415,41059.4
10Flag of Brazil.svg  Brazil 1,380,1173,078,90144.8
11Flag of Canada (Pantone).svg  Canada 1,036,9151,808,99557.3
12Flag of Spain.svg  Spain 935,0411,773,36452.7
13Flag of Turkey.svg  Turkey 877,9982,381,59436.8
14Flag of Mexico.svg  Mexico 733,1472,424,51130.2
15Flag of Saudi Arabia.svg  Saudi Arabia 626,0221,608,61038.9
16Flag of Indonesia.svg  Indonesia 603,1523,328,28818.1
17Flag of South Korea.svg  South Korea 599,0322,293,47526.1
18Flag of Australia (converted).svg  Australia 581,9441,307,91644.5

See also

Europe:

United States:

References

  1. 1 2 3 "Part 4. Applications and Limitations of ICP Data" (PDF). Archived (PDF) from the original on 6 March 2012. Retrieved 20 May 2014.
  2. PPP Versus the Market: Which Weight Matters? Archived 2018-06-24 at the Wayback Machine , imf.org, March 2007, Volume 44, Number 1
  3. "Archived copy" (PDF). Archived from the original (PDF) on 2012-01-29. Retrieved 2011-11-19.{{cite web}}: CS1 maint: archived copy as title (link)
  4. "Исполнение расходов :: Министерство финансов Российской Федерации". Archived from the original on 2017-05-08. Retrieved 2017-04-22.
  5. "Report for Selected Country Groups and Subjects (PPP valuation of country GDP)". IMF. Archived from the original on 8 January 2021. Retrieved 7 January 2021.
  6. "Report for Selected Country Groups and Subjects (PPP valuation of country GDP)". IMF. Archived from the original on 9 January 2021. Retrieved 7 January 2021.