Costa Rica recorded a government budget deficit of 1994012.90 CRC Million in October of 2019. Government Budget Value in Costa Rica averaged -571372.26 CRC Million from 2006 until 2019, reaching an all time high of 166539.98 CRC Million in August of 2008 and a record low of -2038511.60 CRC Million in December of 2018. source: Central Bank Of Costa Rica

Government Budget Value in Costa Rica is expected to be -949997.45 CRC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Costa Rica to stand at -949997.45 in 12 months time. In the long-term, the Costa Rica Government Budget Value is projected to trend around -953287.40 CRC Million in 2020, according to our econometric models.

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Costa Rica Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1994012.90 -1704515.90 166539.98 -2038511.60 2006 - 2019 CRC Million Monthly
Current Prices, NSA


Costa Rica Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

Costa Rica Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.60 64.30 69.66 38.04 percent [+]
Government Budget -5.90 -5.40 0.60 -5.90 percent of GDP [+]
Government Budget Value -1994012.90 -1704515.90 166539.98 -2038511.60 CRC Million [+]
Government Spending 1175888.30 1185245.50 1185245.50 579326.00 CRC Million [+]
Government Revenues 4237624.50 3803283.40 4956655.30 117111.90 CRC Million [+]
Fiscal Expenditure 6231637.40 5507799.30 6995166.90 165441.00 CRC Million [+]
Credit Rating 38.00 [+]