Kyrgyzstan recorded a government budget deficit of 0.85 KGS Billion in December of 2019. Kyrgyzstan Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Kyrgyzstan averaged -4.03 KGS Billion from 2011 until 2019, reaching an all time high of 14.86 KGS Billion in October of 2014 and a record low of -20.93 KGS Billion in December of 2016. This page provides - Kyrgyzstan Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget Value in Kyrgyzstan is expected to be -19000000.00 KGS Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Kyrgyzstan to stand at 1000000.00 in 12 months time. In the long-term, the Kyrgyzstan Government Budget Value is projected to trend around 1000000.00 KGS Billion in 2021, according to our econometric models.

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Kyrgyzstan Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-0.85 -0.20 14.86 -20.93 2011 - 2019 KGS Billion Monthly

Kyrgyzstan Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.