Government Spending in Paraguay increased to 7109585 PYG Million in the third quarter of 2020 from 6750300 PYG Million in the second quarter of 2020. source: Banco Central del Paraguay

Government Spending in Paraguay averaged 2714799.28 PYG Million from 1994 until 2020, reaching an all time high of 8470518 PYG Million in the fourth quarter of 2019 and a record low of 274586 PYG Million in the first quarter of 1994. This page provides - Paraguay Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Spending - values, historical data and charts - was last updated on March of 2021.

Government Spending in Paraguay is expected to be 8474706.37 PYG Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Paraguay to stand at 7312320.00 in 12 months time. In the long-term, the Paraguay Government Spending is projected to trend around 8796745.21 PYG Million in 2021 and 8727646.00 PYG Million in 2022, according to our econometric models.

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Paraguay Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
7109585.00 6750300.00 8470518.00 274586.00 1994 - 2020 PYG Million Quarterly
Current Prices, NSA

Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 22.90 19.70 67.00 8.10 percent [+]
Government Budget -2.40 -1.30 4.50 -3.30 percent of GDP [+]
Military Expenditure 416.00 387.00 416.00 45.40 USD Million [+]
Credit Rating 46.00 [+]
Government Debt 11015.50 10959.90 11015.50 2350.60 USD Million [+]
Government Spending 7109585.00 6750300.00 8470518.00 274586.00 PYG Million [+]


Paraguay 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.