Ecuador recorded a government budget deficit of 359.42 USD Million in August of 2020.

Government Budget Value in Ecuador averaged -144.64 USD Million from 1999 until 2020, 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. Ecuador Government Budget Value - values, historical data and charts - was last updated on October of 2020. source: Banco Central Del Ecuador

Government Budget Value in Ecuador is expected to be -540.00 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 -540.00 USD Million in 2021 and -1140.00 USD Million in 2022, according to our econometric models.

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Ecuador Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-359.42 -152.66 1588.25 -1870.94 1999 - 2020 USD Million Monthly
Current Prices, NSA

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.40 45.20 85.50 16.40 percent [+]
Government Budget -3.00 -5.90 3.27 -10.94 percent of GDP [+]
Government Budget Value -359.42 -152.66 1588.25 -1870.94 USD Million [+]
Government Spending 2470601.00 2639153.00 2844942.00 368888.00 USD THO [+]
Government Revenues 935.32 1037.89 3706.77 183.80 USD Million [+]
Fiscal Expenditure 1294.73 1190.55 3819.10 140.70 USD Million [+]
Credit Rating 18.00 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]

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.