Government Spending in Ecuador decreased to 2717193 USD THO in the third quarter of 2019 from 2743324 USD THO in the second quarter of 2019. Ecuador Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Ecuador averaged 1373189.38 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. This page provides - Ecuador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Banco Central Del Ecuador

Government Spending in Ecuador is expected to be 2722182.00 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 2725345.00 in 12 months time. In the long-term, the Ecuador Government Spending is projected to trend around 2741697.00 USD THO in 2021 and 2777339.00 USD THO in 2022, according to our econometric models.


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Ecuador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2717193.00 2743324.00 2844648.00 368888.00 1990 - 2019 USD THO Quarterly
Constant Prices, NSA


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.