Thursday, November 13, 2008

Central Government Deficits in the G-7 Countries Relative to GDP, 1970-2007


































Table 4.1 Average Annual Budget Deficit in the G-7 Countries, 1970-2007 (By Decade)
PeriodAverage Deficit

1970-1980


2.3


1980-1990


4


1990-2000


3.1


2000-2007


2.9











































































Table 4.2 Average Annual Budget Deficit in the G-7 Countries, 1970-2007 (By Selected Period)
PeriodAverage Deficit

1970-1974


1.2


1975-1980


3.3


1980-1990


4


1991-1996


4.3


1997-2001


1.2


2002-2005


4.2


2006-2007


2.3


1975-1996


3.8


1975-2007


3.5


1997-2007


2.5



Source: Calculated from Canadian Ministry of Finance, "International Fiscal Comparisons," Fiscal Reference Tables, Sep. 29, 2008. Accessed at http://www.fin.gc.ca/frt/2008/frt08_9e.html#54.

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