12 Data Science Project yang Mudah Dicoba Pemula - Digital Skola
Financial Budget Analysis = Ide project data science selanjutnya adalah analisis financial budget menggunakan bahasa pemrograman Python.
dataset financial
Financial Budget Analysis = Ide project data science selanjutnya adalah analisis financial budget menggunakan bahasa pemrograman Python. Biasanya, setiap negara memiliki anggaran keuangan yang menggambarkan kapasitas belanja pemerintah di berbagai sektor perekonomian, kamu bisa mencoba menganalisis anggaran keuangan di suatu negara setiap tahunnya untuk bisa mendapatkan analisis terkait prioritas keuangan secara keseluruhan setiap tahunnya. Kamu bisa mencoba mengerjakan project ini menggunakan <anchor>dataset financial</anchor> .
Financial Budget Analysis with Python | Aman Kharwal
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# Financial Budget Analysis with Python

Each country has a financial budget that describes the government’s spending capacity in different sectors of the economy. In this article, I will walk you through the task of financial budget analysis with Python.

## What is a Financial Budget?

There are so many Data Analysts today that come from a non-coding background. If you are from a commerce background then you may know what is a financial budget. In short, it is a detailed report on the income and expenditure of the government for a financial year.

You may get the task of analyzing a country’s financial budget every year if you are working as a data analyst in the media and communications field, as the media have to explain the government’s priorities for the complete financial year. In the section below, I will take you through a tutorial on how to perform the task of Financial Budget analysis with Python.

## Financial Budget Analysis with Python

I hope you now have understood what is a financial budget and when you may need to analyze it as a data analyst. Let’s see how we can perform the task of financial budget analysis with Python. I will start this task by importing the necessary Python libraries and a dataset that contains data about the financial budget of India for the year 2021:

Let’s have a look at all the departments that are covered in this budget:

I can see a NaN value in this dataset, let’s remove the NaN values and continue with the task of financial budget analysis with Python:

I can see that not all the departments that are covered in this dataset are the main departments, as some departments can be covered in the others category. So let’s prepare the data by only selecting the main departments and putting all the other departments in the other category:

Now let’s plot this data to have a look at the priorities of the government for the financial year:

bar plot with pandas

We can see that the finance department is getting the most of the share from the total budget of the government. Now let’s plot this data into a donut plot to have a clear view of the distribution of funds among all the departments:

Financial Budget Analysis

#### Conclusion

We can see that the finance department is getting 40% of the funds. So this is how we can analyze a dataset that contains data about the revenue and expenditure of the government for a financial year. I hope you liked this article on Financial Budget analysis with Python. Feel free to ask your valuable questions in the comments section below.

##### Aman Kharwal

Data Strategist at Statso. My aim is to decode data science for the real world in the most simple words.

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### 2 Comments

1. Nicolas Perez Espilocin

#### Nicolas Perez Espilocin

this is so amazing, thank you really for this

### Leave a ReplyCancel reply

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