El Salvador recorded a Government Budget deficit equal to 9.20 percent of the country's Gross Domestic Product in 2020. source: Banco Central de Reserva de El Salvador

Government Budget in El Salvador averaged -1.31 percent of GDP from 1990 until 2020, reaching an all time high of 3.30 percent of GDP in 1992 and a record low of -9.20 percent of GDP in 2020. 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 November of 2021.

Government Budget in El Salvador is expected to reach -8.90 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Government Budget is projected to trend around -3.50 percent of GDP in 2022 and -1.00 percent of GDP in 2023, according to our econometric models.

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El Salvador Government Budget


Related Last Previous Unit Reference
Government Budget -9.20 -1.80 percent of GDP Dec/20
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.