Government Spending in Paraguay increased to 7733176 PYG Million in the third quarter of 2021 from 7453306 PYG Million in the second quarter of 2021. source: Banco Central del Paraguay

Government Spending in Paraguay averaged 2902965.12 PYG Million from 1994 until 2021, reaching an all time high of 9412207 PYG Million in the fourth quarter of 2020 and a record low of 274586 PYG Million in the first quarter of 1994. This page provides - Paraguay Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Spending - values, historical data and charts - was last updated on January of 2022.

Government Spending in Paraguay is expected to be 9788695.00 PYG Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Spending is projected to trend around 10180243.00 PYG Million in 2022 and 10587453.00 PYG Million in 2023, according to our econometric models.

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Paraguay Government Spending

Paraguay 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
7733176.00 7453306.00 9412207.00 274586.00 1994 - 2021 PYG Million Quarterly
Current Prices, NSA

Related Last Previous Unit Reference
Government Spending 7733176.00 7453306.00 PYG Million Sep/21