Government Spending in Egypt decreased to 106 EGP Billion in the third quarter of 2019 from 107 EGP Billion in the second quarter of 2019. Egypt Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Egypt averaged 46.37 EGP Billion from 2001 until 2019, reaching an all time high of 107 EGP Billion in the second 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. source: Ministry of Planning

Government Spending in Egypt is expected to be 106.45 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 113.21 in 12 months time. In the long-term, the Egypt Government Spending is projected to trend around 119.89 EGP Billion in 2021 and 126.72 EGP Billion in 2022, according to our econometric models.

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Egypt Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
106.00 107.00 107.00 11.00 2001 - 2019 EGP Billion Quarterly
Current Prices, NSA

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.