Country Last Q3/22 Q4/22 Q1/23 Q2/23
Afghanistan -3.40 Dec/20 -11 -13 -13 -13
Albania -4.80 Dec/21 -3 -3 -3 -3
Algeria -8.00 Dec/21 -6 -6 -3 -3
Angola -2.30 Dec/21 0.6 0.6 0.6 1.3
Argentina -4.50 Dec/21 -3.5 -3.5 -3 -3
Armenia -4.00 Dec/21 -2.9 -2.3 -2.3 -2.5
Aruba -8.50 Dec/21 -5 -5 -2.5 -2.5
Australia -7.80 Dec/21 -5 -5 -4.5 -4.5
Austria -5.90 Dec/21 -3.3 -3.3 -1.7 -1.7
Azerbaijan -1.10 Dec/21 -0.5 -0.5 -0.5 0
Bahamas -13.30 Dec/21 -6.5 -6.5 -3.3 -3.3
Bahrain -35.00 Dec/21 -10 -9 -9 -9
Bangladesh -5.35 Dec/20 -7.6 -7.4 -7.4 -7.4
Barbados -5.00 Dec/21 -3.5 -3.5 -1 -1
Belarus -0.30 Dec/21 -1.5 -1.5 -2 -2
Belgium -5.50 Dec/21 -4.9 -4.9 -4.3 -4.3
Belize -3.30 Dec/21 -1.5 -1.5 -2 -2
Benin -6.10 Dec/21 -4.3 -4.3 -3.7 -3.7
Bhutan -6.30 Dec/21 -12.5 -12.5 -12.5 -12.5
Bolivia -9.50 Dec/21 -7.5 -7.5 -7.5 -7
Bosnia and Herzegovina -0.30 Dec/21 -2.1 -2.1 -2.1 -2.1
Botswana -5.10 Dec/21 -3.4 -3.4 -3 -3
Brazil -4.50 Dec/21 -7.5 -7.5 -7.3 -7.3
Brunei -19.30 Dec/20 -12.5 -12.5 -12.5 -12.5
Bulgaria -4.10 Dec/21 -3.9 -3.9 -2.5 -2.5
Burkina Faso -5.60 Dec/21 -6 -6 -5.1 -5.1
Burundi -4.50 Dec/21 -8 -8 -6 -6
Cambodia -2.60 Dec/20 -4.5 -4.5 -4.5 -4.5
Cameroon -3.10 Dec/21 -2.7 -2.7 -3.1 -3.1
Canada -4.70 Dec/21 -2.1 -2.1 -0.9 -0.9
Cape Verde -7.60 Dec/21 -6.8 -6.8 -5 -5
Cayman Islands -2.20 Dec/20 -0.2 -0.2 -0.2 -0.2
Central African Republic -5.70 Dec/21 -5.3 -5.3 -5 -5
Chad -0.20 Dec/21 -0.5 -0.5 -0.7 -0.7
Chile -7.50 Dec/21 -1.5 -1.5 -0.5 -0.5
China -3.70 Dec/20 -4.2 -4.2 -4.5 -4.5
Colombia -7.10 Dec/21 -4.5 -4.5 -2 -2
Comoros -2.90 Dec/21 -3.3 -3.3 -4 -4
Congo -1.60 Dec/21 -0.8 -0.8 -1.2 -1.2
Costa Rica -5.00 Dec/21 -4.5 -4.5 -3.5 -3.5
Croatia -2.90 Dec/21 -2.4 -2.4 -1.9 -1.9
Cuba -11.70 Dec/21 -10 -10 -8.5 -8.5
Cyprus -1.70 Dec/21 -0.5 -0.5 -0.3 -0.3
Czech Republic -5.90 Dec/21 -4.5 -4.5 -4 -4
Denmark 2.30 Dec/21 0.7 0.7 0.5 0.5
Djibouti -1.80 Dec/21 -3.7 -3.7 -2.6 -2.6
Dominican Republic -2.80 Dec/21 -2.5 -2.5 -3 -3
East Timor -4.80 Dec/18 -26.9 -26.9 -26.9 -26.9
Ecuador -8.90 Dec/20 -2.5 -2.5 -2.5 -2.5
Egypt -6.10 Dec/21 -5.6 -5.6 -5 -5
El Salvador -9.20 Dec/20 -3.5 -3.5 -3.5 -3.5
Equatorial Guinea -1.00 Dec/21 3 3 6 6
Eritrea -4.00 Dec/21 -2.7 -2.7 0.2 0.2
Estonia -2.40 Dec/21 -4.3 -4.3 -3.5 -3.5
Ethiopia -2.70 Dec/21 -3.4 -3.4 -3.4 -3.5
Euro Area -5.10 Dec/21 -3.9 -3.9 -2.6 -2.6
European Union -4.70 Dec/21 -3.8 -3.8 -2.6 -2.6
Faroe Islands -4.30 Dec/20 -3.8 -3.8 -3.8 -3.8
Fiji -11.50 Dec/21 -3 -3 -3 -3
Finland -2.60 Dec/21 -2.3 -2.3 -1.8 -1.8
France -6.50 Dec/21 -5.7 -5.7 -5 -5
Gabon 2.30 Dec/21 -2 -2 -2 -2
Gambia -4.00 Dec/21 -5 -5 -3.1 -3.1
Georgia -6.00 Dec/21 -5 -5 -4 -4
Germany -3.70 Dec/21 -3.6 -3.6 -4.3 -4.3
Ghana -12.10 Dec/21 -7.4 -7.4 -7.4 -7.4
Greece -7.40 Dec/21 -4.2 -4.2 -1 -1
Guatemala -4.90 Dec/20 -4 -3.6 -3.6 -3.6
Guinea -2.30 Dec/21 -3.8 -3.8 -4.3 -4.3
Guinea Bissau -5.60 Dec/21 -5.2 -5.2 -4.1 -4.1
Guyana -5.30 Dec/20 -4.8 -4.8 -4.8 -4.8
Haiti -5.90 Dec/20 -4 -4 -4 -4
Honduras -6.90 Dec/20 -3 -3 -3 -3
Hong Kong -12.00 Dec/20 0.1 0.1 0.1 0.1
Hungary -6.80 Dec/21 -6.3 -6.3 -5 -5
Iceland -8.90 Dec/21 -8.7 -8.7 -8.7 -8.7
India -9.40 Dec/20 -6.9 -6.9 -6.4 -6.4
Indonesia -4.65 Dec/21 -4 -4 -3.5 -3.5
Iran -3.90 Dec/21 -5 -5 -5 -5
Iraq 1.90 Dec/21 10 10 8 8
Ireland -0.10 Dec/21 -3.2 -3.2 -3.2 -2
Israel -5.50 Dec/21 -3 -3 -3 -3
Italy -7.20 Dec/21 -5.7 -5.7 -4.5 -4.5
Ivory Coast -5.00 Dec/21 -4.6 -4.6 -3.8 -3.8
Jamaica 0.30 Dec/21 0.3 0.3 0.3 0.3
Japan -12.60 Dec/20 -8.5 -8.5 -8.5 -8.5
Jordan -5.40 Dec/21 -5.5 -5.5 -5.5 -5.5
Kazakhstan -4.00 Dec/20 -2 -2 -2.2 -2.2
Kenya -8.10 Dec/21 -6.1 -6.1 -4.4 -4.4
Kosovo -0.90 Dec/21 -5.6 -5.6 -5.6 -5.6
Kuwait -0.50 Dec/21 1.5 1.5 1.5 1.5
Kyrgyzstan -0.20 Dec/21 -4.2 -4.2 -4.2 -4.2
Laos -5.22 Dec/20 -5.3 -5.3 -5.3 -5.3
Latvia -7.30 Dec/21 -7.1 -7.1 -3.1 -3.1
Lebanon -5.80 Dec/20 -14.2 -14.2 -14.2 -14.2
Lesotho -5.80 Dec/21 -4.5 -4.5 -4 -4
Liberia -3.30 Dec/21 -5.7 -5.7 -3.6 -3.6
Libya 13.80 Dec/21 20 20 17 17
Lithuania -1.00 Dec/21 -4.8 -4.8 -2.5 -2.5
Luxembourg 0.90 Dec/21 -0.2 -0.2 0.1 0.1
Macedonia -5.40 Dec/21 -4.3 -4.3 -4.3 -4.3
Madagascar -5.40 Dec/21 -7 -7 -6.2 -6.2
Malawi -8.30 Dec/21 -7.7 -7.7 -7.3 -7.3
Malaysia -6.50 Dec/21 -4.3 -4.3 -4.3 -4.3
Maldives -16.60 Dec/21 -10 -10 -10 -10
Mali -4.70 Dec/21 -4.3 -4.3 -3.5 -3.5
Malta -8.00 Dec/21 -5.8 -5.8 -4.8 -4.8
Mauritania -0.40 Dec/21 -3 -3 2 -0.6
Mauritius -5.00 Dec/21 -4.7 -4.7 -4.1 -4.1
Mexico -3.80 Dec/21 -3 -3 -2.9 -2.9
Moldova -8.00 Dec/20 -4.1 -4.1 -4.1 -4.1
Mongolia -11.50 Dec/20 -5 -5 -5 -5
Montenegro -10.10 Dec/20 0.1 0.1 0.1 0.1
Morocco -5.90 Dec/21 -5.5 -5.5 -5 -5
Mozambique -4.80 Dec/21 -5.5 -5.5 -5.6 -5.6
Myanmar -5.60 Dec/20 -6 -6 -6 -6
Namibia -8.70 Dec/21 -9 -9 -7.4 -7.4
Nepal -4.30 Dec/20 -6.8 -6.8 -6.8 -6.8
Netherlands -2.50 Dec/21 -2.8 -2.8 -2.3 -2.3
New Zealand -1.30 Dec/21 -9 -8.3 -8.3 -8.3
Nicaragua -1.00 Dec/20 -0.4 -0.4 -0.4 -0.4
Niger -5.20 Dec/21 -4.9 -4.9 -4.6 -4.6
Nigeria -4.70 Dec/21 -5 -5 -48 -48
Norway 9.10 Dec/21 2.5 2.5 3.5 3.5
Oman -16.00 Dec/20 -14.5 -11 -11 -11
Pakistan -7.10 Dec/21 -6 -7.5 -6 -6
Palestine 1.90 Dec/21 -2 0.5 0.5 0.5
Panama -7.12 Dec/21 -4.3 -3.5 -3.5 -3.5
Papua New Guinea -6.00 Dec/21 -5.3 -5.3 -5.3 -5.3
Paraguay -5.50 Dec/21 -4 -4 -4 -2.5
Peru -2.60 Dec/21 -2.5 -2.5 -2 -2
Philippines -8.60 Dec/21 -7.6 -7.6 -6.1 -6.1
Poland -1.90 Dec/21 -4.1 -4.1 -4.5 -4.5
Portugal -2.80 Dec/21 -2 -2 -1.1 -1.1
Qatar 0.24 Dec/21 3 0.2 0.2 0.2
Republic of the Congo 1.40 Dec/21 3 3 1.8 1.8
Romania -7.10 Dec/21 -7.7 -7.7 -7.7 -6.2
Russia 0.80 Dec/21 -2.8 -2.8 -3.2 -3.2
Rwanda -8.50 Dec/21 -8.5 -8.5 -8.5 -8.5
Sao Tome and Principe -1.50 Dec/21 -0.5 -0.5 -1.3 -1.3
Saudi Arabia -11.20 Dec/20 6.5 6.5 3.5 3.5
Senegal -5.90 Dec/21 -5.4 -5.4 -4.7 -4.7
Serbia -4.60 Dec/21 -1.2 -1.2 -1.2 -1.2
Seychelles -3.00 Dec/21 -5 -5 -5 -5
Sierra Leone -7.10 Dec/21 -4.8 -4.8 -4 -4
Singapore -13.90 Dec/20 -2.5 -2.5 -2.5 -2.5
Slovakia -6.20 Dec/21 -3.7 -3.7 -2.8 -2.8
Slovenia -5.20 Dec/21 -4.2 -4.2 -3.5 -3.5
South Africa -5.70 Dec/21 -6 -6 -5.3 -5.3
South Korea -6.10 Dec/20 -2.8 -2.8 -2.8 -2.8
Spain -6.90 Dec/21 -5 -5 -4.5 -4.5
Sri Lanka -11.10 Dec/20 -7.5 -7.5 -7.5 -7.5
Sudan -4.50 Dec/21 -3.7 -3.7 -3.4 -3.4
Suriname -12.90 Dec/20 -8.7 -8.7 -8.7 -8.7
Swaziland -4.60 Dec/20 -4.9 -4.9 -4.9 -4.9
Sweden -0.20 Dec/21 -0.6 -0.6 0.5 0.5
Switzerland -0.70 Dec/21 -0.2 -0.2 0.3 0.3
Taiwan -4.50 Dec/20 -2 -2 -2 -2
Tajikistan 0.20 Dec/21 -3.1 -3.1 -3.1 -3.1
Tanzania -2.60 Dec/20 -2.5 -2.5 -2.5 -2.5
Thailand -4.90 Dec/22 -1.5 -1.5 -1.5 -1.5
Togo -6.00 Dec/21 -6.8 -6.8 -5.3 -5.3
Trinidad and Tobago -11.00 Dec/21 -7.6 -5.7 -5.7 -5.7
Tunisia -11.40 Dec/20 -8.6 -8.6 -8.3 -8.3
Turkey -2.70 Dec/21 -5.5 -5.5 -5 -5
Turkmenistan 0.10 Dec/20 0.1 0.1 0.1 0.1
Uganda -7.30 Dec/21 -8.4 -8.4 -8.4 -8.4
Ukraine -3.40 Dec/21 -15 -15 -10 -10
United Arab Emirates 0.80 Dec/21 -2.6 -2.6 -2.6 -2.6
United Kingdom -6.00 Dec/21 -3.9 -3.9 -1.9 -1.9
United States -16.70 Dec/21 -7.7 -7.7 -5.6 -5.6
Uruguay -3.80 Dec/21 -3 -3 -3 -3
Uzbekistan -6.00 Dec/21 -4 -4 -4 -4
Venezuela -4.50 Dec/21 -5 -5 -5 -5
Vietnam -3.41 Dec/21 -4.5 -4.5 -4.5 -4.5
Zambia -9.00 Dec/21 -6.7 -6.7 -6.3 -6.3
Zimbabwe -1.50 Dec/20 -1.5 -1.5 -1.5 -1.5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Government Budget Forecast 2022/2023 - was last updated on Tuesday, September 27, 2022.