Namibia recorded a Government Budget deficit equal to 9.50 percent of the country's Gross Domestic Product in 2020. source: Bank of Namibia
Government Budget in Namibia averaged -3.49 percent of GDP from 2004 until 2020, reaching an all time high of 5.10 percent of GDP in 2007 and a record low of -9.50 percent of GDP in 2020. 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 May of 2021.
Government Budget in Namibia 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 Namibia Government Budget is projected to trend around -8.00 percent of GDP in 2022 and -6.00 percent of GDP in 2023, according to our econometric models.