For a government that taxes and spends, there is revenue (income) and expenditures (outlays). When the expenditures exceed the revenue, the difference is a deficit, also referred to as a "shortfall". When revenue exceeds expenditures, there is money left over, and this is a surplus.
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Germany currently has a trade surplus. COOL HUH !
A surplus is more than needed, a deficit is a shortage or loss
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Trade deficit
Deficit
The opposite of a deficit is a surplus. A deficit occurs when a country's expenses are greater than their revenues. A surplus is the opposite.
Germany currently has a trade surplus. COOL HUH !
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
A surplus is more than needed, a deficit is a shortage or loss
Trade deficit
deficit
The antonym of deficit is surplus.
Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
Surplus energy is an excess amount and deficit is not enough energy
The USA has a trade deficit.