Government Spending in Costa Rica increased to 1195549.89 CRC Million in the second quarter of 2018 from 1143269.35 CRC Million in the first quarter of 2018. Government Spending in Costa Rica averaged 837844.61 CRC Million from 1991 until 2018, reaching an all time high of 1195549.89 CRC Million in the second quarter of 2018 and a record low of 581419.96 CRC Million in the third quarter of 1991.

Government Spending in Costa Rica is expected to be 1192783.00 CRC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Costa Rica to stand at 1240715.00 in 12 months time. In the long-term, the Costa Rica Government Spending is projected to trend around 1284140.00 CRC Million in 2020, according to our econometric models.

Costa Rica Government Spending
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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 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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1195549.89 1143269.35 1195549.89 581419.96 1991 - 2018 CRC Million Quarterly
Constant Prices, NSA




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