Budget balance in 2010, America

The US government’s budget deficit last year was almost comparable to the crisis-hugging Greece and Spain. Here is the budget balance as percent of GDP for the key economies of North and South America.

US -8.9, Venezuela -5.7

Canada -4.0, Colombia -3.6

Mexico -2.6, Brazil -2.3, Peru -1.3

Argentina +0.5, Chile +0.2

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