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It is a huge fiscal hole: in 2014 the state monopoly, Naftogaz, ran a deficit worth 5.7% of Ukraine's GDP.
A current-account deficit worth a quarter of GDP looks alarming.In this section The worrying Tayyip Erdogan Divorce up north?
Foreign-exchange traders are mesmerised at the moment by America's big current-account deficit, worth 5% of GDP, but several developing countries have much larger deficits.
A chancellor who said his economic plan was working while presiding over a trade deficit worth almost 7% of GDP would have been derided.
Is it a problem that the UK is running a balance of payments deficit worth 6% of GDP, bigger than ever before in peacetime?
That will call for adjustments to the political balance elsewhere, especially in Madrid.CiU's core supporters, anchored in small, family-owned businesses, are suffering as Mr Zapatero tussles with a budget deficit worth 11.2% of GDP and continuing slow growth.
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Steve Corbishley, director of financial audit for health, said the NHS in England started the last financial year with a responsibility to pay back accumulated deficits worth £598m.
The dark side of the real estate bubble was that the private sector ran massive deficits, worth more than 10% of national output by the time the music stopped.
It also would order House committees to draft cuts in projected deficits worth $261 billion in order to head off automatic cuts to the military that would otherwise take place next year in the absence of a broad deficit reduction plan, which Congress was unable to agree upon last year.
Both helped prop up the global economy, but they also aggravated external imbalances.Mr Bernanke insists that cutting the budget deficit is worth doing for its own sake.
Polls show that the American people think a bigger budget deficit is worth it for spending that jumpstarts our economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com