Namibia recorded a Government Budget deficit equal to 8.70 percent of the country's Gross Domestic Product in 2021. source: Bank of Namibia
Government Budget in Namibia averaged -3.70 percent of GDP from 2004 until 2021, reaching an all time high of 5.10 percent of GDP in 2007 and a record low of -8.70 percent of GDP in 2021. This page provides - Namibia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Government Budget - values, historical data and charts - was last updated on August of 2022.
Government Budget in Namibia is expected to reach -9.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Government Budget is projected to trend around -7.40 percent of GDP in 2023 and -6.00 percent of GDP in 2024, according to our econometric models.