Government Budget in Zambia decreased to -8.20 percent of GDP in 2019 from -7.60 percent of GDP in 2018. source: Bank of Zambia

Government Budget in Zambia averaged -3.04 percent of GDP from 1998 until 2019, reaching an all time high of 18.30 percent of GDP in 2006 and a record low of -10.50 percent of GDP in 2016. This page provides - Zambia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Zambia Government Budget - values, historical data and charts - was last updated on January of 2022.

Government Budget in Zambia is expected to reach -10.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Government Budget is projected to trend around -8.00 percent of GDP in 2022 and -6.50 percent of GDP in 2023, according to our econometric models.

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Zambia Government Budget


Related Last Previous Unit Reference
Government Debt to GDP 96.00 91.90 percent of GDP Dec/20
Government Budget -11.00 -8.20 percent of GDP Dec/20
Government Debt 12738.30 11658.70 USD Million Dec/20
Zambia 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.