Ecuador recorded a government budget deficit of 466.91 USD Million in September of 2018. Government Budget Value in Ecuador averaged -136.84 USD Million from 1999 until 2018, reaching an all time high of 1588.25 USD Million in October of 2017 and a record low of -1870.94 USD Million in December of 2017.

Government Budget Value in Ecuador is expected to be -195.08 USD 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 Ecuador to stand at -193.45 in 12 months time. In the long-term, the Ecuador Government Budget Value is projected to trend around -193.43 USD Million in 2020, according to our econometric models.

Ecuador Government Budget Value
Forecast Data Chart
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Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.50 27.20 85.50 12.20 percent [+]
Government Budget -5.90 -7.50 3.27 -10.94 percent of GDP [+]
Government Budget Value -466.91 -294.49 1588.25 -1870.94 USD Million [+]
Government Spending 2775694.00 2777333.00 2777333.00 368888.00 USD THO [+]
Government Revenues 1531.21 1506.93 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1998.13 1801.41 3819.10 140.70 USD Million [+]
Credit Rating 28.75 [+]
Military Expenditure 2413.24 2513.20 2996.88 103.54 USD Million [+]

Ecuador 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 - Ecuador Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Budget Value - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-466.91 -294.49 1588.25 -1870.94 1999 - 2018 USD Million Monthly
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