Eritrea recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2024. Government Budget in Eritrea averaged -9.96 percent of GDP from 2003 until 2024, reaching an all time high of 4.20 percent of GDP in 2018 and a record low of -21.10 percent of GDP in 2008. source: AFDB
Government Budget in Eritrea is expected to reach 0.70 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Government Budget is projected to trend around -0.30 percent of GDP in 2026 and -0.60 percent of GDP in 2027, according to our econometric models.