Zimbabwe recorded a Government Budget deficit equal to 11.10 percent of the country's Gross Domestic Product in 2018.

Government Budget in Zimbabwe averaged -3.24 percent of GDP from 1990 until 2018, reaching an all time high of 1.30 percent of GDP in 2008 and a record low of -11.20 percent of GDP in 2017. This page provides - Zimbabwe Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zimbabwe Government Budget - values, historical data and charts - was last updated on May of 2020.

Government Budget in Zimbabwe is expected to reach -17.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zimbabwe Government Budget is projected to trend around -20.00 percent of GDP in 2021 and -16.00 percent of GDP in 2022, according to our econometric models.

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Zimbabwe Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-11.10 -11.20 1.30 -11.20 1990 - 2018 percent of GDP Yearly

Zimbabwe Government Last Previous Highest Lowest Unit
Government Debt to GDP 53.40 53.80 147.70 31.40 percent [+]
Government Budget -11.10 -11.20 1.30 -11.20 percent of GDP [+]
Military Expenditure 405.00 341.00 989.00 105.00 USD Million [+]
Credit Rating 35.00 [+]


Zimbabwe Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.