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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Guatemala Government Spending

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.
Actual Previous Highest Lowest Dates Unit Frequency
56309.50 55259.20 56309.50 13587.00 2001 - 2021 GTQ Million Yearly
Constant Prices, NSA