Government Spending in Paraguay increased to 7880750 PYG Million in the fourth quarter of 2018 from 6246659 PYG Million in the third quarter of 2018. Government Spending in Paraguay averaged 3888172.40 PYG Million from 1994 until 2018, reaching an all time high of 7880750 PYG Million in the fourth quarter of 2018 and a record low of 2577860.75 PYG Million in the first quarter of 2004.
Government Spending in Paraguay is expected to be 6085767.00 PYG Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Paraguay to stand at 6496525.00 in 12 months time. In the long-term, the Paraguay Government Spending is projected to trend around 6999642.00 PYG Million in 2020, according to our econometric models.