Zimbabwe Government Budget

Zimbabwe recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2012. Government Budget in Zimbabwe is reported by the Reserve Bank of Zimbabwe. Government Budget in Zimbabwe averaged -2.81 Percent of GDP from 1990 until 2012, reaching an all time high of 1.30 Percent of GDP in 2008 and a record low of -7.51 Percent of GDP in 1992. 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. This page provides - Zimbabwe Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-4.00 -3.40 1.30 -7.51 3.95 | 2013/12 1990 - 2012 Percent of GDP Yearly

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Zimbabwe Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Credit Rating 35.00 [+]
Government Debt To GDP 150.90 2011-12-31 94.00 150.90 48.44 153.12 2012-12-31 percent [+]
Government Budget -4.00 2012-12-31 -3.40 1.30 -7.51 3.95 2013-12-31 Percent of GDP [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Zimbabwe Interest Rate at 14.11 percent  
The benchmark interest rate in Zimbabwe was last recorded at 14.11 percent. Interest Rate in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Corporate Tax Rate at 25.75 percent  
The Corporate Tax Rate in Zimbabwe stands at 25.75 percent. Corporate Tax Rate in Zimbabwe is reported by the Zimbabwe Revenue Authority.
Zimbabwe Inflation Rate at -0.49 percent  
The inflation rate in Zimbabwe was recorded at -0.49 percent in February of 2014. Inflation Rate in Zimbabwe is reported by the Reserve bank of Zimbabwe.
Zimbabwe Balance of Trade at -3600.00 USD Million  
Zimbabwe recorded a trade deficit of 3600 USD Million in 2012. Balance of Trade in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Current Account at -1256.40 USD Million  
Zimbabwe recorded a Current Account deficit of 1256.40 USD Million in 2011. Current Account in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Government Budget at -4.00 Percent of GDP  
Zimbabwe recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2012. Government Budget in Zimbabwe is reported by the Reserve Bank of Zimbabwe.
Zimbabwe Personal Income Tax Rate at 46.40 percent  
The Personal Income Tax Rate in Zimbabwe stands at 46.40 percent. Personal Income Tax Rate in Zimbabwe is reported by the Zimbabwe Revenue Authority.
Zimbabwe GDP per capita at 428.54 USD  
The Gross Domestic Product per capita in Zimbabwe was last recorded at 428.54 US dollars in 2012. The GDP per Capita in Zimbabwe is equivalent to 3 percent of the worlds average. GDP per capita in Zimbabwe is reported by the World Bank.
Zimbabwe GDP at 10.80 USD Billion  
The Gross Domestic Product (GDP) in Zimbabwe was worth 10.80 billion US dollars in 2012. The GDP value of Zimbabwe represents 0.02 percent of the world economy. GDP in Zimbabwe is reported by the World Bank.
Zimbabwe Population at 12.97 million  
The total population in Zimbabwe was last recorded at 13.0 million people in 2012 from 3.8 million in 1960, changing 246 percent during the last 50 years. Population in Zimbabwe is reported by the ZIMSTAT.
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