Government Spending in El Salvador increased to 4312.40 USD Million in 2019 from 4158.70 USD Million in 2018. source: Central Reserve Bank of El Salvador

Government Spending in El Salvador averaged 3282.70 USD Million from 2005 until 2019, reaching an all time high of 4312.40 USD Million in 2019 and a record low of 2057 USD Million in 2005. This page provides - El Salvador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Government Spending - values, historical data and charts - was last updated on April of 2021.

Government Spending in El Salvador is expected to reach 4485.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Government Spending is projected to trend around 4610.00 USD Million in 2022 and 4721.00 USD Million in 2023, according to our econometric models.

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El Salvador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4312.40 4158.70 4312.40 2057.00 2005 - 2019 USD Million Yearly
Current Prices, NSA

El Salvador Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.30 72.65 73.55 36.23 percent [+]
Government Budget -1.60 -1.10 3.30 -3.70 percent of GDP [+]
Government Budget Value -2269.50 -436.00 -16.60 -2269.50 USD Million [+]
Government Spending 4312.40 4158.70 4312.40 2057.00 USD Million [+]
Government Revenues 4894.30 5121.00 5121.00 583.80 USD Million [+]
Fiscal Expenditure 7163.80 5557.00 7163.80 642.50 USD Million [+]
Military Expenditure 317.00 295.00 819.00 72.20 USD Million [+]
Credit Rating 25.00 [+]


El Salvador 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.