Photographs: Courtesy, PIB
Though India is one of the fastest growing economies, how big is the country’s budget compared to other countries in the world?
India ranks 14 ahead of oil economies such as Saudi Arabia and Iraq. Developed countries, however, are way ahead of the nation.
Let’s look at the top 20 countries in the world by budget revenues.
Sources: CIA World Factbook/Wikipedia
Note: Most of the figures are estimated
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20 economies that have the biggest budget revenues
Image: Al-Masjid al-Nabawi, it is the Masjid of Mohammed the prophet of Islam.Photographs: Noumenon/Wikimedia Commons
Saudi Arabia
Rank: 20
Revenues (million/$): 221,100
Expenditures (million/$): 218,700
Deficit/Surplus (million/$): +2,400
Deficit/Surplus (%): NA
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20 economies that have the biggest budget revenues
Image: The King's House is seen in this general view of the Brussels' Grand Place.Photographs: Francois Lenoir/Reuters
Belgium
Rank: 19
Revenues (million/$): 249,600
Expenditures (million/$): 271,200
Deficit/Surplus (million/$): -21,600
Deficit/Surplus (%): NA
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20 economies that have the biggest budget revenues
Image: The national presidential palace is lit up in the colours of the Mexican flag during a sound and light show in Mexico City.Photographs: Daniel Aguilar/Reuters
Mexico
Rank: 18
Revenues (million/$): 263,200
Expenditures (million/$): 292,200
Deficit/Surplus (million/$): -29,000
Deficit/Surplus (%): NA
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20 economies that have the biggest budget revenues
Image: Gangnam district of Seoul.Photographs: Duesride/Wikimedia Commons
South Korea
Rank: 17
Revenues (million/$): 267,900
Expenditures (million/$): 242,000
Deficit/Surplus (million/$): +25,900
Deficit/Surplus (%): NA
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20 economies that have the biggest budget revenues
Image: Turning Torso and Vastra Hamnen by night.Photographs: Bjaglin/Wikimedia Commons
Sweden
Rank: 16
Revenues (million/$): 277,600
Expenditures (million/$): 277,100
Deficit/Surplus (million/$): +0,500
Deficit/Surplus (%): NA
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20 economies that have the biggest budget revenues
Photographs: Sveter/Wikimedia Commons
Norway
Rank: 15
Revenues (million/$): 280,500
Expenditures (million/$): 209,500
Deficit/Surplus (million/$): +71,000
Deficit/Surplus (%): 25.3
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20 economies that have the biggest budget revenues
Photographs: Buddhika Weerasinghe/Getty Images
India
Rank: 14
Revenues (million/$): 210,000
Expenditures (million/$): 302,000
Deficit/Surplus (million/$): -92,000
Deficit/Surplus (%): -30.5
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20 economies that have the biggest budget revenues
Image: The Distilleerketel, a windmill built in 1727 and used to grind rye, can be seen at Delfshaven, an area of Rotterdam.Photographs: Michael Kooren/Reuters
Netherlands
Rank: 13
Revenues (million/$): 381,300
Expenditures (million/$): 420,400
Deficit/Surplus (million/$): -39,100
Deficit/Surplus (%): NA
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20 economies that have the biggest budget revenues
Image: Moscow City SkylingPhotographs: Dmitry97ken/Wikimedia Commons
Russia
Rank: 12
Revenues (million/$): 382,800
Expenditures (million/$): 376,200
Deficit/Surplus (million/$): +6,600
Deficit/Surplus (%): 1.75
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20 economies that have the biggest budget revenues
Image: A tall ship sails past the Sydney Opera House as it enters Sydney Harbour.Photographs: Reuters
Australia
Rank: 11
Revenues (million/$): 498,100
Expenditures (million/$): 541,000
Deficit/Surplus (million/$): -42,900
Deficit/Surplus (%): -8.61
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20 economies that have the biggest budget revenues
Image: Spanish matador Julian Lopez "El Juli" performs a pass to a bull during a bullfight at The Maestranza bullring in the Andalusian capital of Seville, southern Spain.Photographs: Marcelo Del Pozo/Reuters
Spain
Rank: 10
Revenues (million/$): 545,200
Expenditures (million/$): 672,100
Deficit/Surplus (million/$): -126,900
Deficit/Surplus (%): -18.88
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20 economies that have the biggest budget revenues
Image: CN Tower in Toronto.Photographs: Wladyslaw/Wikimedia Commons
Canada
Rank: 9
Revenues (million/$): 660,200
Expenditures (million/$): 747,800
Deficit/Surplus (million/$): -87,600
Deficit/Surplus (%): -11.71
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20 economies that have the biggest budget revenues
Image: Sao Paulo skyline.Photographs: Julio Boaro/Wikimedia Commons
Brazil
Rank: 8
Revenues (million/$): 978,300
Expenditures (million/$): 901,000
Deficit/Surplus (million/$): +77,300
Deficit/Surplus (%): 8.6
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20 economies that have the biggest budget revenues
Image: London skyline.Photographs: Reuters
United Kingdom
Rank: 7
Revenues (million/$): 986,500
Expenditures (million/$): 1,188,000
Deficit/Surplus (million/$): -201,500
Deficit/Surplus (%): -16.96
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20 economies that have the biggest budget revenues
Image: Colosseum in Rome.Photographs: Diliff/Wikimedia Commons
Italy
Rank: 6
Revenues (million/$): 1,025,100
Expenditures (million/$): 1,112,000
Deficit/Surplus (million/$): -86,900
Deficit/Surplus (%): -7.81
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20 economies that have the biggest budget revenues
Image: A man jumps in a fountain of the Trocadero Square in front of the Eiffel Tower, Paris.Photographs: Benoit Tessier/Reuters
France
Rank: 5
Revenues (million/$): 1,386,000
Expenditures (million/$): 1,535,000
Deficit/Surplus (million/$): -149,000
Deficit/Surplus (%): -9.71
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20 economies that have the biggest budget revenues
Image: Revellers toast after getting the first beer in the traditional one-litre "Masskrug" beer mugs at the opening day of the Munich Oktoberfest at the Theresienwiese in Munich.Photographs: Kai Pfaffenbach/Reuters
Germany
Rank: 4
Revenues (million/$): 1,551,000
Expenditures (million/$): 1,588,000
Deficit/Surplus (million/$): -37,000
Deficit/Surplus (%): -2.33
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20 economies that have the biggest budget revenues
Image: Pudong skyline.Photographs: J. Patrick Fischer/Wikimedia Commons
China
Rank: 3
Revenues (million/$): 1,646,000
Expenditures (million/$): 1,729,000
Deficit/Surplus (million/$): -83,000
Deficit/Surplus (%): -4.8
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20 economies that have the biggest budget revenues
Image: Tokyo skyline.Photographs: Reuters
Japan
Rank: 2
Revenues (million/$): 1,971,000
Expenditures (million/$): 2,495,000
Deficit/Surplus (million/$): -524,000
Deficit/Surplus (%): -21
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20 economies that have the biggest budget revenues
Image: The Statue of Liberty and Liberty Island are seen in front of the Lower Manhattan skyline.Photographs: Adrees Latif/Reuters
United States
Rank: 1
Revenues (million/$): 2,902,000
Expenditures (million/$): 3,803,000
Deficit/Surplus (million/$): -901,000
Deficit/Surplus (%): -31
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