Budget Deficit Calculator

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✖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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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!

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BMS College of Engineering (BMSCE), Bangalore

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Tax Incidence for Customers

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Tax Incidence for Producers

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

Tax Burden for Customers

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

Tax Burden for Suppliers

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

Budget Deficit Formula

LaTeX Go

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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