Government Budget in Uganda decreased to -5.20 percent of GDP in 2019 from -4.70 percent of GDP in 2018. source: World Bank

Government Budget in Uganda averaged -2.88 percent of GDP from 1999 until 2019, reaching an all time high of -0.77 percent of GDP in 2005 and a record low of -5.20 percent of GDP in 2019. This page provides - Uganda Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Government Budget - values, historical data and charts - was last updated on July of 2021.

Government Budget in Uganda is expected to reach -7.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Government Budget is projected to trend around -6.00 percent of GDP in 2022 and -5.00 percent of GDP in 2023, according to our econometric models.

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Uganda Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.60 -5.20 -0.77 -6.60 1999 - 2020 percent of GDP Yearly

Uganda Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.80 38.20 71.50 19.20 percent of GDP [+]
Government Budget -6.60 -5.20 -0.77 -6.60 percent of GDP [+]
Military Expenditure 948.00 648.00 948.00 11.20 USD Million [+]
Credit Rating 31.00 [+]
Government Spending 12113.80 10735.10 12113.80 5059.20 UGX billion [+]


Uganda 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.