India's fiscal deficit amounts to 4.5% or 1,39231 crore ($32b).
As of my last update in October 2023, the percentage of the federal budget deficit relative to Gross National Product (GNP) can vary annually based on economic conditions, government spending, and revenue. In recent years, the deficit has been around 4-5% of GNP, although this figure can fluctuate significantly. For the most accurate and current percentage, please refer to the latest data from the U.S. Treasury or the Congressional Budget Office.
For 2007, the budget deficit totaled $162 billion, a five-year low.
2001thru2012
A budget deficit can lead to more borrowing thereby impacting on the national debt
true ;
current account deficit
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The current US Deficit is $11,042,553,971,450.47 (11 Trillion)
current account deficit
The current account deficit is good for the United States because it helps them regulate their expenditure.
A current account deficit refers to a situation whereby a country imports more than they export.
Rete Uno was created in 1936.
Rete Tre was created in 1988.
Rete Due was created in 1985.
A current account deficit can indicate a growing and healthy economy as in the short term it increases productivity and therefore increases exports in the future.
The deficit only includes shortfalls in the budget for the current fiscal year.
it is down