Government Spending in Paraguay increased to 5520199.23 PYG Million in the second quarter of 2018 from 5238218.46 PYG Million in the first quarter of 2018. Government Spending in Paraguay averaged 3786256.40 PYG Million from 1994 until 2018, reaching an all time high of 6855190.04 PYG Million in the fourth quarter of 2017 and a record low of 2577860.75 PYG Million in the first quarter of 2004.

Government Spending in Paraguay is expected to be 7843737.00 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 5897741.00 in 12 months time. In the long-term, the Paraguay Government Spending is projected to trend around 8451156.00 PYG Million in 2020, according to our econometric models.

Paraguay Government Spending
Forecast Data Chart
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Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.10 22.80 67.00 10.90 percent [+]
Government Budget -1.50 -1.40 4.50 -3.30 percent of GDP [+]
Military Expenditure 333.30 343.20 369.30 42.60 USD Million [+]
Government Spending 5520199.23 5238218.46 6855190.04 2577860.75 PYG Million [+]
Government Debt 7789.10 7761.30 7789.10 2350.60 USD Million [+]
Credit Rating 41.25 [+]

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. This page provides - Paraguay Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5520199.23 5238218.46 6855190.04 2577860.75 1994 - 2018 PYG Million Quarterly
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