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 August of 2022.

Government Budget in Zambia is expected to reach -6.70 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Zambia Government Budget is projected to trend around -6.30 percent of GDP in 2023 and -5.20 percent of GDP in 2024, 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 2020
Government Budget -9.00 -11.00 percent of GDP Dec 2021
Government Debt 12738.30 11658.70 USD Million Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -11.00 18.30 -11.00 1998 - 2021 percent of GDP Yearly