Government Spending in El Salvador increased to 4203.30 USD Million in 2018 from 4055.50 USD Million in 2017. El Salvador Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in El Salvador averaged 3211.36 USD Million from 2005 until 2018, reaching an all time high of 4203.30 USD Million in 2018 and a record low of 2057 USD Million in 2005. This page provides - El Salvador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in El Salvador is expected to reach 4300.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Government Spending is projected to trend around 4390.00 USD Million in 2021 and 4482.00 USD Million in 2022, according to our econometric models.

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El Salvador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4203.30 4055.50 4203.30 2057.00 2005 - 2018 USD Million Yearly
Current Prices, NSA

El Salvador 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.