Guatemala recorded a government budget deficit of 2142.10 GTQ Million in November of 2018. Government Budget Value in Guatemala averaged -426.66 GTQ Million from 1995 until 2018, reaching an all time high of 1704.90 GTQ Million in October of 2014 and a record low of -5318 GTQ Million in December of 2017.

Government Budget Value in Guatemala is expected to be -5050.00 GTQ 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 Guatemala to stand at -1800.00 in 12 months time. In the long-term, the Guatemala Government Budget Value is projected to trend around -4680.00 GTQ Million in 2020, according to our econometric models.

Guatemala Government Budget Value
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Guatemala Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.76 24.22 50.45 20.04 percent [+]
Government Budget -1.30 -1.10 0.24 -3.30 percent of GDP [+]
Government Budget Value -2142.10 394.30 1704.90 -5318.00 GTQ Million [+]
Government Spending 27370.10 26287.20 27370.10 13587.00 GTQ Million [+]
Government Revenues 4665.10 6552.30 6898.20 451.00 GTQ Million [+]
Fiscal Expenditure 6807.20 6158.00 9915.20 228.60 GTQ Million [+]
Military Expenditure 262.80 290.91 605.19 100.88 USD Million [+]
Credit Rating 48.75 [+]

Guatemala 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 - Guatemala Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala 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
-2142.10 394.30 1704.90 -5318.00 1995 - 2018 GTQ Million Monthly
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