Government Spending in Costa Rica decreased to 1124213.40 CRC Million in the fourth quarter of 2018 from 1146053.30 CRC Million in the third quarter of 2018. Government Spending in Costa Rica averaged 842961.42 CRC Million from 1991 until 2018, reaching an all time high of 1168778.60 CRC Million in the first quarter of 2018 and a record low of 577572.60 CRC Million in the first quarter of 1991.

Government Spending in Costa Rica is expected to be 1216352.01 CRC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Costa Rica to stand at 1178145.42 in 12 months time. In the long-term, the Costa Rica Government Spending is projected to trend around 1255971.35 CRC Million in 2020, according to our econometric models.

Costa Rica Government Spending
Forecast Data Chart
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Costa Rica Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.60 64.30 69.66 38.04 percent [+]
Government Budget -5.90 -5.40 0.60 -5.90 percent of GDP [+]
Government Budget Value -566000.20 -387022.30 166539.98 -2038511.60 CRC Million [+]
Government Spending 1124213.40 1146053.30 1168778.60 577572.60 CRC Million [+]
Government Revenues 1357042.40 797762.30 4956655.30 117111.90 CRC Million [+]
Fiscal Expenditure 1923042.60 1184784.60 6995166.90 165441.00 CRC Million [+]
Credit Rating 50.00 [+]

Costa Rica 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. This page provides the latest reported value for - Costa Rica Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1124213.40 1146053.30 1168778.60 577572.60 1991 - 2018 CRC Million Quarterly
Constant Prices 2012

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