Government Spending in Ecuador decreased to 2717193 USD THO in the third quarter of 2019 from 2743324 USD THO in the second quarter of 2019.

Government Spending in Ecuador averaged 1373189.38 USD THO from 1990 until 2019, reaching an all time high of 2844648 USD THO in the fourth quarter of 2018 and a record low of 368888 USD THO in the third quarter of 1999. This page provides - Ecuador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Spending - values, historical data and charts - was last updated on April of 2020. source: Banco Central Del Ecuador

Government Spending in Ecuador is expected to be 2641821.00 USD THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ecuador to stand at 2730779.00 in 12 months time. In the long-term, the Ecuador Government Spending is projected to trend around 2673359.00 USD THO in 2021 and 2708113.00 USD THO in 2022, according to our econometric models.

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Ecuador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2717193.00 2743324.00 2844648.00 368888.00 1990 - 2019 USD THO Quarterly
Constant Prices, NSA

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.20 44.60 85.50 16.40 percent [+]
Government Budget -3.00 -5.90 3.27 -10.94 percent of GDP [+]
Government Budget Value 752.75 -1207.07 1588.25 -1870.94 USD Million [+]
Government Spending 2717193.00 2743324.00 2844648.00 368888.00 USD THO [+]
Government Revenues 1811.28 1539.95 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1058.53 2747.02 3819.10 140.70 USD Million [+]
Credit Rating 21.00 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]

Ecuador 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.