Uganda recorded a Government Budget deficit equal to 4.70 percent of the country's Gross Domestic Product in 2024. Government Budget in Uganda averaged -3.57 percent of GDP from 1999 until 2024, reaching an all time high of -0.77 percent of GDP in 2005 and a record low of -9.50 percent of GDP in 2020. source: World Bank
Government Budget in Uganda is expected to reach -6.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Government Budget is projected to trend around -5.20 percent of GDP in 2026 and -4.00 percent of GDP in 2027, according to our econometric models.