Government Spending in Bosnia and Herzegovina increased to 6424967 BAM THO in 2018 from 6365770 BAM THO in 2017. Government Spending in Bosnia and Herzegovina averaged 5472187.20 BAM THO from 2004 until 2018, reaching an all time high of 6424967 BAM THO in 2018 and a record low of 3535079 BAM THO in 2004.

Government Spending in Bosnia and Herzegovina is expected to be 6611291.00 BAM THO by the end of this quarter, 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 6966331.00 BAM THO in 2020, according to our econometric models.

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Bosnia And Herzegovina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
6424967.00 6365770.00 6424967.00 3535079.00 2004 - 2018 BAM THO Yearly
Previous Period Prices

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.

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 6424967.00 6365770.00 6424967.00 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 [+]
Government Spending To GDP 40.80 40.50 46.00 38.00 percent [+]
Military Expenditure 208.00 165.00 353.00 160.00 USD Million [+]
Credit Rating 27.00 [+]