Government Deficit

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
GD
Pronunciation
/ˈgəvərnmənt ˈdɛfəsət/
Category
Governmental
Related Field
US Government

Examples in Context

  1. By 1973 the government deficit equalled thirty per cent of GNP.
  2. After all, more government deficit spending means higher corporate profits, other things being equal.
  3. There must of course be a medium-term plan for reducing the government deficit.
  4. During recessions, the private sector retrenches and the government deficit widens.
  5. Then the general government deficit would still be 7 per cent of GDP.

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