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.

Costa Rica Government Budget Value
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Costa Rica Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.10 62.00 69.66 38.04 percent [+]
Government Budget -5.40 -4.80 0.60 -5.50 percent of GDP [+]
Government Budget Value -1296692.50 -1153893.20 166539.98 -2021101.70 CRC Million [+]
Government Spending 1195549.89 1143269.35 1195549.89 581419.96 CRC Million [+]
Government Revenues 3009285.80 2698092.60 4742918.50 117111.90 CRC Million [+]
Fiscal Expenditure 4305978.30 3851985.80 6764020.20 165441.00 CRC Million [+]
Credit Rating 50.00 [+]


Costa Rica Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Costa Rica Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Government Budget Value - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1296692.50 -1153893.20 166539.98 -2021101.70 2006 - 2018 CRC Million Monthly
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Argentina -16585.90 Oct/18
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United States -100000.00 Oct/18


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