which country has the worst deficit 
the united states has the largest trade balance deficit in the world 1 3 trillion as of 2022 for comparison the second largest is the u k with a trade balance deficit of 294 billion 3the bottom linea deficit occurs any time expenses exceed income for personal finance it s important to manage your financial deficits ideally spending within your means and saving your money similarly large government deficits aren t ideal but sometimes necessary to fund government programs or public infrastructure 