Government Budget in Gambia increased to -2.40 percent of GDP in 2019 from -6.60 percent of GDP in 2018. source: Central Bank of The Gambia

Government Budget in Gambia averaged -5.09 percent of GDP from 2002 until 2019, reaching an all time high of 0.10 percent of GDP in 2007 and a record low of -8.10 percent of GDP in 2014. This page provides - Gambia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Government Budget - values, historical data and charts - was last updated on June of 2022.

Government Budget in Gambia is expected to reach -3.20 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Government Budget is projected to trend around -2.60 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.

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Gambia Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 83.10 81.00 percent of GDP Dec 2020
Government Budget -3.70 -2.40 percent of GDP Dec 2020
Government Revenues 3952.75 4526.86 GMD Million Mar 2022
Government Budget Value -2480.36 -2068.42 GMD Million Mar 2022
Fiscal Expenditure 6433.11 6595.28 GMD Million Mar 2022

Gambia 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.
Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -2.40 0.10 -8.10 2002 - 2020 percent of GDP Yearly