Government Spending in Bosnia and Herzegovina increased to 6760237 BAM THO in 2019 from 6424967 BAM THO in 2018.

Government Spending in Bosnia and Herzegovina averaged 5552690.31 BAM THO from 2004 until 2019, reaching an all time high of 6760237 BAM THO in 2019 and a record low of 3535079 BAM THO in 2004. This page provides the latest reported value for - Bosnia And Herzegovina Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia And Herzegovina Government Spending - values, historical data and charts - was last updated on June of 2020.

Government Spending in Bosnia and Herzegovina is expected to reach 6251493.00 BAM THO by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia And Herzegovina Government Spending is projected to trend around 6345265.00 BAM THO in 2021 and 6529278.00 BAM THO in 2022, according to our econometric models.

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Bosnia And Herzegovina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
6760237.00 6424967.00 6760237.00 3535079.00 2004 - 2019 BAM THO Yearly
Previous Period Prices

Bosnia and Herzegovina Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.80 26.00 56.04 16.60 percent [+]
Government Budget 2.30 2.60 2.70 -4.30 percent of GDP [+]
Government Budget Value 1797.00 1676.00 1797.00 -322.00 BAM Million [+]
Government Spending 6760237.00 6424967.00 6760237.00 3535079.00 BAM THO [+]
Government Revenues 14402.26 13479.30 14402.26 6020.95 BAM Million [+]
Fiscal Expenditure 12738.29 11913.44 12738.29 5680.44 BAM Million [+]
Military Expenditure 208.00 165.00 353.00 160.00 USD Million [+]
Credit Rating 27.00 [+]
Government Spending To GDP 40.80 40.50 46.00 38.00 percent [+]


Bosnia And Herzegovina 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.