Zambia recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2025. Government Budget in Zambia averaged -4.80 percent of GDP from 1998 until 2025, 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 -2.70 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Government Budget is projected to trend around -2.30 percent of GDP in 2027 and -3.20 percent of GDP in 2028, according to our econometric models.