Costa Rica Government Spending2022 Data - 2023 Forecast - 1991-2021 Historical

Name: Costa Rica Government Spending
Creator: TRADING ECONOMICS
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Keywords: Costa Rica,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Costa Rica decreased to 1558588.43 CRC Million in the third quarter of 2022 from 1580916.38 CRC Million in the second quarter of 2022. source: Central Bank of Costa Rica

Government Spending in Costa Rica averaged 1090457.63 CRC Million from 1991 until 2022, reaching an all time high of 1580916.38 CRC Million in the second quarter of 2022 and a record low of 710208.41 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 December of 2022.

Government Spending in Costa Rica is expected to be 1600725.00 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 1648746.00 CRC Million in 2023 and 1698209.00 CRC Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	-489045.46	-434173.90	CRC Million	Jul 2022
Government Spending	1558588.43	1580916.38	CRC Million	Sep 2022
Government Revenues	4126997.12	3538503.11	CRC Million	Jul 2022
Fiscal Expenditure	4616042.58	3972677.01	CRC Million	Jul 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.