Government Spending in Uruguay decreased to 18009625.66 UYU Thousand in the second quarter of 2018 from 18407098.11 UYU Thousand in the first quarter of 2018. Government Spending in Uruguay averaged 15355507.75 UYU Thousand from 2005 until 2018, reaching an all time high of 18566537.66 UYU Thousand in the fourth quarter of 2016 and a record low of 11533511.60 UYU Thousand in the fourth quarter of 2005.

Government Spending in Uruguay is expected to be 18052451.00 UYU Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Uruguay to stand at 18311856.00 in 12 months time. In the long-term, the Uruguay Government Spending is projected to trend around 19909064.00 UYU Thousand in 2020, according to our econometric models.

Uruguay Government Spending
Forecast Data Chart
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Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.60 52.70 96.10 30.60 percent [+]
Government Budget -3.00 -3.20 -0.50 -3.40 percent of GDP [+]
Government Budget Value -6723.39 -1017.60 91152.50 -16395.84 UYU Million [+]
Government Spending 18009625.66 18407098.11 18566537.66 11533511.60 UYU Thousand [+]
Government Revenues 31286.50 36231.43 37148.34 3376.46 UYU Million [+]
Fiscal Expenditure 51189.63 47376.89 58230.44 4029.12 UYU Million [+]
Military Expenditure 1112.80 988.20 1670.00 474.60 USD Million [+]
Credit Rating 56.25 [+]

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

Actual Previous Highest Lowest Dates Unit Frequency
18009625.66 18407098.11 18566537.66 11533511.60 2005 - 2018 UYU Thousand Quarterly
Constant Prices, NSA

Country Last
Argentina 97236.00 Jun/18
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Brazil 119639.00 Sep/18
Canada 366209.00 Jun/18
China 203330.00 Dec/17
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France 135951.00 Sep/18
Germany 141.98 Jun/18
India 3972.15 Jun/18
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Japan 107015.20 Sep/18
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Singapore 10663.00 Jun/18
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South Korea 60585.40 Sep/18
Spain 56107.00 Sep/18
Switzerland 19857.94 Jun/18
Turkey 58800570.50 Jun/18
United Kingdom 92514.00 Sep/18
United States 3197.46 Sep/18