Guatemala Government Spending2022 Data - 2023 Forecast - 2001-2021 Historical

Name: Guatemala Government Spending
Creator: TRADING ECONOMICS
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Keywords: Guatemala,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Guatemala increased to 56309.50 GTQ Million in 2021 from 55259.20 GTQ Million in 2020. source: Banco de Guatemala

Government Spending in Guatemala averaged 25320.69 GTQ Million from 2001 until 2021, reaching an all time high of 56309.50 GTQ Million in 2021 and a record low of 13587 GTQ Million in 2004. This page provides - Guatemala Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Government Spending - values, historical data and charts - was last updated on July of 2022.

Government Spending in Guatemala is expected to reach 57470.00 GTQ Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guatemala Government Spending is projected to trend around 58449.00 GTQ Million in 2022 and 60437.00 GTQ Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	792.30	628.40	GTQ Million	Apr 2022
Government Spending	56309.50	55259.20	GTQ Million	Dec 2021
Government Revenues	9367.00	8077.20	GTQ Million	Apr 2022
Fiscal Expenditure	8574.70	7448.90	GTQ Million	Apr 2022

Guatemala 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.