Guatemala recorded a government budget deficit of 1780.50 GTQ Million in November of 2019.

Government Budget Value in Guatemala averaged -455.73 GTQ Million from 1995 until 2019, reaching an all time high of 1704.90 GTQ Million in October of 2014 and a record low of -5318 GTQ Million in December of 2017. This page provides - Guatemala Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banco de Guatemala

Government Budget Value in Guatemala is expected to be -5050.00 GTQ Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Guatemala to stand at -5050.00 in 12 months time. In the long-term, the Guatemala Government Budget Value is projected to trend around -4680.00 GTQ Million in 2020, according to our econometric models.

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Guatemala Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1780.50 508.40 1704.90 -5318.00 1995 - 2019 GTQ Million Monthly
Current Prices, NSA

Guatemala Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

Guatemala Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.26 24.70 50.45 20.04 percent [+]
Government Budget -1.80 -1.30 0.24 -3.30 percent of GDP [+]
Government Budget Value -1780.50 508.40 1704.90 -5318.00 GTQ Million [+]
Government Spending 27370.10 26287.20 27370.10 13587.00 GTQ Million [+]
Government Revenues 4881.80 7437.60 7437.60 451.00 GTQ Million [+]
Fiscal Expenditure 6662.30 6929.20 9915.20 228.60 GTQ Million [+]
Military Expenditure 275.00 275.00 654.00 109.00 USD Million [+]
Credit Rating 45.00 [+]