Uganda recorded a Government Budget deficit equal to 4.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Uganda averaged -2.76 percent of GDP from 1999 until 2018, reaching an all time high of -0.77 percent of GDP in 2005 and a record low of -4.80 percent of GDP in 2015.
Government Budget in Uganda is expected to be -5.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Government Budget is projected to trend around -4.80 percent of GDP in 2020, according to our econometric models.