Government Spending in Uruguay decreased to 73729.92 UYU Thousand in the second quarter of 2021 from 74635.52 UYU Thousand in the first quarter of 2021. source: Banco Central del Uruguay

Government Spending in Uruguay averaged 9836489.74 UYU Thousand from 2005 until 2021, reaching an all time high of 18154731.70 UYU Thousand in the fourth quarter of 2015 and a record low of 62922.83 UYU Thousand in the second quarter of 2020. This page provides - Uruguay Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Government Spending - values, historical data and charts - was last updated on October of 2021.

Government Spending in Uruguay is expected to be 69984.00 UYU Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Government Spending is projected to trend around 71033.00 UYU Thousand in 2022 and 72099.00 UYU Thousand in 2023, according to our econometric models.

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Uruguay Government Spending

Uruguay Last Unit Reference Previous Highest Lowest
Government Spending 73729.92 UYU Thousand Jun/21 74635.52 18154731.70 62922.83

Uruguay 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.