El Salvador recorded a Government Budget deficit equal to 1.60 percent of the country's Gross Domestic Product in 2019.

Government Budget in El Salvador averaged -1.04 percent of GDP from 1990 until 2019, reaching an all time high of 3.30 percent of GDP in 1992 and a record low of -3.70 percent of GDP in 2009. This page provides - El Salvador Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Government Budget - values, historical data and charts - was last updated on July of 2020.

Government Budget in El Salvador is expected to reach -3.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Government Budget is projected to trend around -2.80 percent of GDP in 2021 and -1.80 percent of GDP in 2022, according to our econometric models.

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El Salvador Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -1.10 3.30 -3.70 1990 - 2019 percent of GDP Yearly

El Salvador Government Last Previous Highest Lowest Unit
Government Debt to GDP 72.82 73.70 73.70 36.23 percent [+]
Government Budget -1.60 -1.10 3.30 -3.70 percent of GDP [+]
Government Budget Value -436.00 -274.40 -16.60 -772.00 USD Million [+]
Government Spending 4312.40 4158.70 4312.40 2057.00 USD Million [+]
Government Revenues 5121.00 5026.60 5121.00 583.80 USD Million [+]
Fiscal Expenditure 5557.00 5301.00 5557.00 642.50 USD Million [+]
Military Expenditure 263.00 261.00 808.00 71.20 USD Million [+]
Credit Rating 25.00 [+]


El Salvador Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.