Government Spending in Uruguay increased to 74635.52 UYU Thousand in the first quarter of 2021 from 70690.51 UYU Thousand in the fourth quarter of 2020. source: Banco Central del Uruguay

Government Spending in Uruguay averaged 9986686.05 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 September of 2021.

Government Spending in Uruguay is expected to be 68712.00 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 75068.00 UYU Thousand in 2022 and 77320.00 UYU Thousand in 2023, according to our econometric models.

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Uruguay Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
74635.52 70690.51 18154731.70 62922.83 2005 - 2021 UYU Thousand Quarterly
Constant Prices, NSA

Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.00 60.50 96.10 30.60 percent of GDP [+]
Government Budget -5.10 -2.80 -0.40 -5.10 percent of GDP [+]
Government Budget Value -10577.66 -25290.73 29318.59 -34770.83 UYU Million [+]
Government Spending 74635.52 70690.51 18154731.70 62922.83 UYU Thousand [+]
Government Revenues 38435.71 37451.78 50454.99 3376.46 UYU Million [+]
Fiscal Expenditure 65052.95 75399.36 90234.12 5518.89 UYU Million [+]
Credit Rating 55.00 [+]
Military Expenditure 1260.00 1155.00 1760.00 500.00 USD Million [+]

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.