Guatemala Government Spending2022 Data - 2023 Forecast - 2001-2021 Historical

Name: Guatemala Government Spending
Creator: TRADING ECONOMICS
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Keywords: Guatemala,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Government Spending in Guatemala increased to 60271.90 GTQ Million in 2022 from 56309.50 GTQ Million in 2021. source: Banco de Guatemala

Government Spending in Guatemala averaged 26909.38 GTQ Million from 2001 until 2022, reaching an all time high of 60271.90 GTQ Million in 2022 and a record low of 13587.00 GTQ Million in 2004. This page provides - Guatemala Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Government Spending - values, historical data and charts - was last updated on June of 2023.

Government Spending in Guatemala is expected to reach 62321.00 GTQ Million by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Government Spending is projected to trend around 37624459.00 GTQ Million in 2024 and 22714600967.00 GTQ Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	231.60	-2541.90	GTQ Million	Mar 2023
Government Spending	60271.90	56309.50	GTQ Million	Dec 2022
Government Revenues	9004.00	6122.30	GTQ Million	Mar 2023
Fiscal Expenditure	8772.50	8664.20	GTQ Million	Mar 2023

Guatemala 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.