Government Spending in Costa Rica increased to 1180444.30 CRC Million in the first quarter of 2019 from 1135034.40 CRC Million in the fourth quarter of 2018. Government Spending in Costa Rica averaged 846077.34 CRC Million from 1991 until 2019, reaching an all time high of 1180444.30 CRC Million in the first quarter of 2019 and a record low of 579336.20 CRC Million in the first quarter of 1991.

Government Spending in Costa Rica is expected to be 1173559.00 CRC Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Costa Rica to stand at 1153443.00 in 12 months time. In the long-term, the Costa Rica Government Spending is projected to trend around 1221292.00 CRC Million in 2020, according to our econometric models.

Costa Rica Government Spending
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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 -1120197.00 -982627.20 166539.98 -2038511.60 CRC Million [+]
Government Spending 1180444.30 1135034.40 1180444.30 579336.20 CRC Million [+]
Government Revenues 2528810.40 2085102.50 4956655.30 117111.90 CRC Million [+]
Fiscal Expenditure 3649007.40 3067729.70 6995166.90 165441.00 CRC Million [+]
Credit Rating 50.00 [+]


Costa Rica 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. This page provides the latest reported value for - Costa Rica Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica Government Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1180444.30 1135034.40 1180444.30 579336.20 1991 - 2019 CRC Million Quarterly
Constant Prices 2012




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