Government Spending in Costa Rica increased to 1583904 CRC Million in the first quarter of 2022 from 1549114.70 CRC Million in the fourth quarter of 2021. source: Central Bank of Costa Rica

Government Spending in Costa Rica averaged 1081857.48 CRC Million from 1991 until 2022, reaching an all time high of 1583904 CRC Million in the first quarter of 2022 and a record low of 709737.95 CRC Million in the first quarter of 1991. This page provides the latest reported value for - Costa Rica Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica Government Spending - values, historical data and charts - was last updated on August of 2022.

Government Spending in Costa Rica is expected to be 1527256.00 CRC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Government Spending is projected to trend around 1641857.00 CRC Million in 2023 and 1692755.00 CRC Million in 2024, according to our econometric models.

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Costa Rica Government Spending

Related Last Previous Unit Reference
Government Budget Value -331090.55 -432074.83 CRC Million Mar 2022
Government Spending 1583904.00 1549114.70 CRC Million Mar 2022
Government Revenues 1937252.70 1102230.29 CRC Million Mar 2022
Fiscal Expenditure 2268343.24 1534305.12 CRC Million Mar 2022

Costa Rica 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.
Actual Previous Highest Lowest Dates Unit Frequency
1583904.00 1549114.70 1583904.00 709737.95 1991 - 2022 CRC Million Quarterly
Constant Prices 2017