Government Spending in Palestine decreased to 702 USD million in the first quarter of 2020 from 818.70 USD million in the fourth quarter of 2019.

Government Spending in Palestine averaged 606.95 USD million from 2011 until 2020, reaching an all time high of 971 USD million in the fourth quarter of 2017 and a record low of 443.10 USD million in the first quarter of 2014. This page provides - Palestine Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Government Spending - values, historical data and charts - was last updated on October of 2020.

Government Spending in Palestine is expected to be 764.54 USD million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Palestine to stand at 754.65 in 12 months time. In the long-term, the Palestine Government Spending is projected to trend around 829.88 USD million in 2021 and 846.47 USD million in 2022, according to our econometric models.

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Palestine Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
702.00 818.70 971.00 443.10 2011 - 2020 USD million Quarterly
Constant Prices 2015, NSA

Palestine Government Last Previous Highest Lowest Unit
Government Debt to GDP 16.20 17.50 26.36 2.93 percent [+]
Government Budget 1.30 2.30 4.30 -8.20 percent of GDP [+]
Credit Rating 15.00 [+]
Government Spending 702.00 818.70 971.00 443.10 USD million [+]