Government Spending in Belarus decreased to 2692.50 BYN Million in the second quarter of 2020 from 2737.30 BYN Million in the first quarter of 2020.

Government Spending in Belarus averaged 2742.24 BYN Million from 2014 until 2020, 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. Belarus Government Spending - values, historical data and charts - was last updated on October of 2020.

Government Spending in Belarus is expected to be 2823.62 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 2844.00 in 12 months time. In the long-term, the Belarus Government Spending is projected to trend around 2885.74 BYN Million in 2021 and 2809.00 BYN Million in 2022, according to our econometric models.

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Belarus Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2692.50 2737.30 2791.10 2690.20 2014 - 2020 BYN Million Quarterly
Constant Prices 2014, NSA

Belarus Government Last Previous Highest Lowest Unit
Government Debt to GDP 26.50 27.10 31.80 1.30 percent [+]
Government Budget 4.00 2.90 4.00 -2.60 percent of GDP [+]
Government Budget Value -62775.90 374211.20 1885464.00 -1714213.10 BYN Thousand [+]
Government Spending 2692.50 2737.30 2791.10 2690.20 BYN Million [+]
Government Revenues 2887075.60 3875821.80 4520125.00 134939.50 BYN Thousand [+]
Government Debt 57812597.40 53123188.90 57812597.40 264579.60 BYN Thousand [+]
Fiscal Expenditure 2949851.50 3501610.60 4672329.50 110341.30 BYN Thousand [+]
Military Expenditure 713.00 631.00 718.00 107.00 USD Million [+]
Credit Rating 28.00 [+]

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.