Eritrea recorded a Government Budget deficit equal to 5.20 percent of the country's Gross Domestic Product in 2020. source: AFDB
Government Budget in Eritrea averaged -11.99 percent of GDP from 2003 until 2020, reaching an all time high of 4.20 percent of GDP in 2018 and a record low of -21.10 percent of GDP in 2008. This page provides - Eritrea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Eritrea Government Budget - values, historical data and charts - was last updated on October of 2021.
Government Budget in Eritrea is expected to reach -4.80 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Government Budget is projected to trend around -4.30 percent of GDP in 2022 and -3.70 percent of GDP in 2023, according to our econometric models.