Government Spending in Ecuador increased to 2743324 USD THO in the second quarter of 2019 from 2714040 USD THO in the first quarter of 2019. Government Spending in Ecuador averaged 1361799.52 USD THO from 1990 until 2019, reaching an all time high of 2844648 USD THO in the fourth quarter of 2018 and a record low of 368888 USD THO in the third quarter of 1999.

Government Spending in Ecuador is expected to be 2878783.78 USD THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ecuador to stand at 2727664.00 in 12 months time. In the long-term, the Ecuador Government Spending is projected to trend around 2954118.67 USD THO in 2020, according to our econometric models.

Ecuador Government Spending
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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 -625.65 -575.00 1588.25 -1870.94 USD Million [+]
Government Spending 2743324.00 2714040.00 2844648.00 368888.00 USD THO [+]
Government Revenues 1524.94 1363.34 3706.77 183.80 USD Million [+]
Fiscal Expenditure 2150.59 1938.33 3819.10 140.70 USD Million [+]
Credit Rating 28.75 [+]
Military Expenditure 2554.00 2463.00 3010.00 221.00 USD Million [+]


Ecuador 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 - Ecuador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Spending - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2743324.00 2714040.00 2844648.00 368888.00 1990 - 2019 USD THO Quarterly
Constant Prices, NSA




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