Budget Deficit Calculator

✖Government Expenditure or spending includes all government consumption, investment, and transfer payments.ⓘ Government Expenditure [G_exp]			+10% -10%
✖Government Income or national revenue is money received by a government from taxes and non-tax sources to enable it to undertake public expenditure.ⓘ Government Income [G_inc]			+10% -10%

✖A Budget Deficit occurs when government expenditures exceed revenues from taxes and other sources.ⓘ Budget Deficit [B_def]

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Formula

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Budget Deficit

Formula

`"B"_{"def"} = "G"_{"exp"}-"G"_{"inc"}`

Example

`"800"="4100"-"3300"`

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Budget Deficit Solution

STEP 0: Pre-Calculation Summary

Formula Used

Budget Deficit = Government Expenditure-Government Income
B_def = G_exp-G_inc
This formula uses 3 Variables

Variables Used

Budget Deficit - A Budget Deficit occurs when government expenditures exceed revenues from taxes and other sources.
Government Expenditure - Government Expenditure or spending includes all government consumption, investment, and transfer payments.
Government Income - Government Income or national revenue is money received by a government from taxes and non-tax sources to enable it to undertake public expenditure.

STEP 1: Convert Input(s) to Base Unit

Government Expenditure: 4100 --> No Conversion Required
Government Income: 3300 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

B_def = G_exp-G_inc --> 4100-3300

Evaluating ... ...

B_def = 800

STEP 3: Convert Result to Output's Unit

800 --> No Conversion Required

FINAL ANSWER

800 <-- Budget Deficit

(Calculation completed in 00.004 seconds)

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Created by Kashish Arora

Satyawati College (DU), New Delhi

Kashish Arora has created this Calculator and 50+ more calculators!

Verified by Vishnu K

BMS College of Engineering (BMSCE), Bangalore

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< 18 Public Finance Calculators

Cost Benefit Analysis

Go Benefit Cost Ratio = (sum(x,0,Number of Periods,(Cash Flow of Benefits/(1+(0.01*Discount Rate))^x)))/(sum(x,0,Number of Periods,(Cash Flow of Costs/(1+(0.01*Discount Rate))^x)))

Marginal Propensity to Consume

Go Marginal Propensity to Consume = Consumption/(Disposable Income*(Revenue-Tax Imposed))

Tax Incidence for Customers

Go Tax Incidence = 100*(Elasticity of Supply/(Elasticity of Demand+Elasticity of Supply))

Tax Incidence for Producers

Go Tax Incidence = 100*(Elasticity of Demand/(Elasticity of Demand+Elasticity of Supply))

Tax Burden for Customers

Go Tax Burden = Elasticity of Supply/(Elasticity of Demand+Elasticity of Supply)

Tax Burden for Suppliers

Go Tax Burden = Elasticity of Demand/(Elasticity of Demand+Elasticity of Supply)

Budget Balance

Go Budget Balance = Tax Revenue-Government Consumption-Transfer Payments

Tax Multiplier

Go Tax Multiplier = ((1-Marginal Propensity to Consume)/Marginal Propensity to Save)

Tax Elasticity

Go Tax Elasticity = Change in Tax Revenue/Change in Economic Activity

Marginal Tax Rate

Go Marginal Tax Rate = Change in Taxes Paid/Change in Taxable Income

Marginal Propensity to Save

Go Marginal Propensity to Save = Change in Savings/Change in Income

Debt to GDP Ratio

Go Debt to Gdp = Total Debt of Country/Gross Domestic Product (GDP)

Budget Deficit

Go Budget Deficit = Government Expenditure-Government Income

Tax Buoyancy

Go Tax Buoyancy = Change in Tax Revenue/Change in GDP

Average Tax Rate

Go Average Tax Rate = Tax Paid/Net Income

Tax Liability

Go Tax Liability = Tax Base*0.01*Tax Rate

Tax Revenue

Go Tax Revenue = Tax Liability*Taxpayer

Laffer Curve

Go Revenue = Tax Rate*Taxable Base

Budget Deficit Formula

Budget Deficit = Government Expenditure-Government Income
B_def = G_exp-G_inc

What is Budget Deficit?

A budgetary deficit is referred to as the situation in which the spending is more than the income. Although it is mostly used for governments, this can also be broadly applied to individuals and businesses.
In other words, a budgetary deficit is said to have taken place when the individual, government, or business budgets have more spending than the income that they can generate as revenue.

How to Calculate Budget Deficit?

Budget Deficit calculator uses Budget Deficit = Government Expenditure-Government Income to calculate the Budget Deficit, The Budget Deficit formula is defined as the situation in which the government spending is more than the income. Budget Deficit is denoted by B_def symbol.

How to calculate Budget Deficit using this online calculator? To use this online calculator for Budget Deficit, enter Government Expenditure (G_exp) & Government Income (G_inc) and hit the calculate button. Here is how the Budget Deficit calculation can be explained with given input values -> 800 = 4100-3300.

FAQ

What is Budget Deficit?

The Budget Deficit formula is defined as the situation in which the government spending is more than the income and is represented as B_def = G_exp-G_inc or Budget Deficit = Government Expenditure-Government Income. Government Expenditure or spending includes all government consumption, investment, and transfer payments & Government Income or national revenue is money received by a government from taxes and non-tax sources to enable it to undertake public expenditure.

How to calculate Budget Deficit?

The Budget Deficit formula is defined as the situation in which the government spending is more than the income is calculated using Budget Deficit = Government Expenditure-Government Income. To calculate Budget Deficit, you need Government Expenditure (G_exp) & Government Income (G_inc). With our tool, you need to enter the respective value for Government Expenditure & Government Income and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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