Ecuador recorded a government budget deficit of 270 USD Million in October of 2019.

Government Budget Value in Ecuador averaged -141.48 USD Million from 1999 until 2019, reaching an all time high of 1588.25 USD Million in October of 2017 and a record low of -1870.94 USD Million in December of 2017. This page provides - Ecuador Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banco Central Del Ecuador

Government Budget Value in Ecuador is expected to be -1600.00 USD 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 Ecuador to stand at -1440.00 in 12 months time. In the long-term, the Ecuador Government Budget Value is projected to trend around -1140.00 USD Million in 2020, according to our econometric models.


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Ecuador Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-270.00 104.66 1588.25 -1870.94 1999 - 2019 USD Million Monthly
Current Prices, NSA

Ecuador 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.

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.20 44.60 85.50 16.40 percent [+]
Government Budget -3.00 -5.90 3.27 -10.94 percent of GDP [+]
Government Budget Value -270.00 104.66 1588.25 -1870.94 USD Million [+]
Government Spending 2717193.00 2743324.00 2844648.00 368888.00 USD THO [+]
Government Revenues 1885.87 1488.72 3706.77 183.80 USD Million [+]
Fiscal Expenditure 2155.87 1384.06 3819.10 140.70 USD Million [+]
Credit Rating 25.00 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]