Government Spending in Palestine increased to 789 USD million in the third quarter of 2019 from 758.50 USD million in the second quarter of 2019.

Government Spending in Palestine averaged 598.18 USD million from 2011 until 2019, reaching an all time high of 971 USD million in the fourth quarter of 2017 and a record low of 443.10 USD million in the first quarter of 2014. This page provides - Palestine Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Government Spending - values, historical data and charts - was last updated on May of 2020.

Government Spending in Palestine is expected to be 752.81 USD million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Palestine to stand at 806.36 in 12 months time. In the long-term, the Palestine Government Spending is projected to trend around 824.10 USD million in 2021 and 840.58 USD million in 2022, according to our econometric models.

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Palestine Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
789.00 758.50 971.00 443.10 2011 - 2019 USD million Quarterly
Constant Prices 2015, NSA

Palestine Government Last Previous Highest Lowest Unit
Government Debt to GDP 16.20 17.50 26.36 2.93 percent [+]
Government Budget 1.30 2.30 4.30 -8.20 percent of GDP [+]
Credit Rating 15.00 [+]
Government Spending 789.00 758.50 971.00 443.10 USD million [+]