List of countries by government budget (PPP)

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.

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.

Rank	Country	Budget (PPP)	GDP (PPP)[5]	Govt. Expenditure as %GDP[6]
1	United States	9,818,534	20,807,269	47.2
2	China	8,761,782	24,162,435	36.2
3	India	2,704,833	8,681,303	31.2
4	Japan	2,519,315	5,236,138	48.1
5	Germany	2,401,598	4,454,498	53.9
6	France	1,863,802	2,954,196	63.1
7	United Kingdom	1,581,438	2,978,564	53.1
8	Russia	1,499,905	4,021,733	37.3
9	Italy	1,442,434	2,415,410	59.4
10	Brazil	1,380,117	3,078,901	44.8
11	Canada	1,036,915	1,808,995	57.3
12	Spain	935,041	1,773,364	52.7
13	Turkey	877,998	2,381,594	36.8
14	Mexico	733,147	2,424,511	30.2
15	Saudi Arabia	626,022	1,608,610	38.9
16	Indonesia	603,152	3,328,288	18.1
17	South Korea	599,032	2,293,475	26.1
18	Australia	581,944	1,307,916	44.5

See also

• List of countries by government budget per capita
• List of countries by tax revenue as percentage of GDP
• List of countries by government spending as percentage of GDP

Europe:

• List of sovereign states in Europe by budget revenues
• List of sovereign states in Europe by budget revenues per capita

United States:

• List of U.S. state budgets

References

1. "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.
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.