Costa Rica recorded a government budget deficit of 1296692.50 CRC Million in August of 2018. Government Budget Value in Costa Rica averaged -506105.32 CRC Million from 2006 until 2018, reaching an all time high of 166539.98 CRC Million in August of 2008 and a record low of -2021101.70 CRC Million in December of 2017.
Government Budget Value in Costa Rica is expected to be -902619.00 CRC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Costa Rica to stand at -945302.00 in 12 months time. In the long-term, the Costa Rica Government Budget Value is projected to trend around -953287.00 CRC Million in 2020, according to our econometric models.