Government Spending in Belarus increased to 2744.20 BYN Million in the third quarter of 2019 from 2727.60 BYN Million in the second quarter of 2019. Belarus Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Belarus averaged 2745.17 BYN Million from 2014 until 2019, reaching an all time high of 2791.10 BYN Million in the fourth quarter of 2014 and a record low of 2690.20 BYN Million in the fourth quarter of 2018. This page provides - Belarus Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Belarus is expected to be 2686.00 BYN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Belarus to stand at 2711.00 in 12 months time. In the long-term, the Belarus Government Spending is projected to trend around 2760.00 BYN Million in 2021 and 2818.00 BYN Million in 2022, according to our econometric models.

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Belarus Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2744.20 2727.60 2791.10 2690.20 2014 - 2019 BYN Million Quarterly
Constant Prices 2014, NSA

Belarus 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.