Government Spending in Belarus increased to 2744.20 BYN Million in the third quarter of 2019 from 2727.60 BYN Million in the second quarter of 2019. Government Spending in Belarus averaged 2745.17 BYN Million from 2014 until 2019, reaching an all time high of 2791.10 BYN Million in the fourth quarter of 2014 and a record low of 2690.20 BYN Million in the fourth quarter of 2018.

Government Spending in Belarus is expected to be 2765.00 BYN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Belarus to stand at 2788.00 in 12 months time. In the long-term, the Belarus Government Spending is projected to trend around 2906.00 BYN Million in 2020, according to our econometric models.

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Belarus Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2744.20 2727.60 2791.10 2690.20 2014 - 2019 BYN Million Quarterly
Constant Prices 2014, NSA

Belarus Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.80 28.70 31.80 1.30 percent [+]
Government Budget 2.90 1.50 3.00 -2.60 percent of GDP [+]
Government Budget Value 64454.80 984719.50 1885464.00 -975561.00 BYN Thousand [+]
Government Spending 2744.20 2727.60 2791.10 2690.20 BYN Million [+]
Government Revenues 2865671.30 4131502.10 4520125.00 134939.50 BYN Thousand [+]
Government Debt 43721837.60 42691644.50 45583869.00 264579.60 BYN Thousand [+]
Fiscal Expenditure 2801216.60 3146782.60 4466619.00 110341.30 BYN Thousand [+]
Military Expenditure 713.00 631.00 718.00 107.00 USD Million [+]
Credit Rating 26.00 [+]