Government Spending in Egypt decreased to 110 EGP Billion in the first quarter of 2020 from 114 EGP Billion in the fourth quarter of 2019.

Government Spending in Egypt averaged 48.12 EGP Billion from 2001 until 2020, reaching an all time high of 114 EGP Billion in the fourth quarter of 2019 and a record low of 11 EGP Billion in the fourth quarter of 2001. This page provides - Egypt Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Government Spending - values, historical data and charts - was last updated on October of 2020. source: Ministry of Planning

Government Spending in Egypt is expected to be 108.97 EGP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Egypt to stand at 115.50 in 12 months time. In the long-term, the Egypt Government Spending is projected to trend around 124.48 EGP Billion in 2021 and 131.95 EGP Billion in 2022, according to our econometric models.

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Egypt Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
110.00 114.00 114.00 11.00 2001 - 2020 EGP Billion Quarterly
Current Prices, NSA

Egypt Government Last Previous Highest Lowest Unit
Government Debt to GDP 90.00 90.50 108.00 73.30 percent [+]
Government Budget -8.00 -9.70 -6.80 -12.50 percent of GDP [+]
Government Budget Value -425035.00 -420006.00 -29403.00 -425035.00 Million EGP [+]
Government Spending 110.00 114.00 114.00 11.00 EGP Billion [+]
Government Revenues 1080152.00 915974.00 1080152.00 109236.00 Million EGP [+]
Fiscal Expenditure 1505187.00 1335980.00 1505187.00 153367.00 Million EGP [+]
Credit Rating 30.00 [+]
Military Expenditure 2564.00 2766.00 5118.00 1108.00 USD Million [+]

Egypt 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.