Government Spending in Ecuador decreased to 2639153 USD THO in the first quarter of 2020 from 2680558 USD THO in the fourth quarter of 2019.

Government Spending in Ecuador averaged 1395295.57 USD THO from 1990 until 2020, reaching an all time high of 2844942 USD THO in the fourth quarter of 2018 and a record low of 368888 USD THO in the third quarter of 1999. This page provides - Ecuador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Spending - values, historical data and charts - was last updated on August of 2020. source: Banco Central Del Ecuador

Government Spending in Ecuador is expected to be 2513960.00 USD THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ecuador to stand at 2715405.00 in 12 months time. In the long-term, the Ecuador Government Spending is projected to trend around 2571995.00 USD THO in 2021 and 2605431.00 USD THO in 2022, according to our econometric models.

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Ecuador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2639153.00 2680558.00 2844942.00 368888.00 1990 - 2020 USD THO Quarterly
Constant Prices, NSA

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.40 45.20 85.50 16.40 percent [+]
Government Budget -3.00 -5.90 3.27 -10.94 percent of GDP [+]
Government Budget Value -521.75 -189.09 1588.25 -1870.94 USD Million [+]
Government Spending 2639153.00 2680558.00 2844942.00 368888.00 USD THO [+]
Government Revenues 988.41 1273.13 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1510.16 1462.21 3819.10 140.70 USD Million [+]
Credit Rating 13.00 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]

Ecuador 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.