Net lending/borrowing (also referred as overall balance) (% of GDP) for Uganda

Indicator Definition:
Net lending (+)/ borrowing (-) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (-) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

The indicator "Net lending/borrowing (also referred as overall balance) (% of GDP)" stands at -4.45 percent as of 12/31/2029.
Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.1811 compared to the value the year prior.
The Serie's long term average value is -3.15 percent. It's latest available value, on 12/31/2029, is -1.30 lower, compared to it's long term average value.
The Serie's change from it's minimum value, on 12/31/2020, to it's latest available value, on 12/31/2029, is +3.31 .
The Serie's change from it's maximum value, on 12/31/2004, to it's latest available value, on 12/31/2029, is -4.79 .