Zambia recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2024. Government Budget in Zambia averaged -4.83 percent of GDP from 1998 until 2024, reaching an all time high of 1.83 percent of GDP in 2001 and a record low of -14.00 percent of GDP in 2020. source: Bank of Zambia
Government Budget in Zambia is expected to reach -4.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Government Budget is projected to trend around -4.00 percent of GDP in 2026 and -3.70 percent of GDP in 2027, according to our econometric models.