El Salvador recorded a Government Budget deficit equal to 9.20 percent of the country's Gross Domestic Product in 2020. source: Banco Central de Reserva de El Salvador

Government Budget in El Salvador averaged -1.31 percent of GDP from 1990 until 2020, reaching an all time high of 3.30 percent of GDP in 1992 and a record low of -9.20 percent of GDP in 2020. This page provides - El Salvador Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Government Budget - values, historical data and charts - was last updated on September of 2021.

Government Budget in El Salvador is expected to reach -2.80 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Government Budget is projected to trend around -1.80 percent of GDP in 2022, according to our econometric models.

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El Salvador Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-9.20 -1.80 3.30 -9.20 1990 - 2020 percent of GDP Yearly

El Salvador Government Last Previous Highest Lowest Unit
Government Debt to GDP 90.17 73.30 90.17 36.23 percent of GDP [+]
Government Budget -9.20 -1.80 3.30 -9.20 percent of GDP [+]
Government Budget Value -2269.50 -436.00 -16.60 -2269.50 USD Million [+]
Government Spending 4755.69 4366.00 4755.69 2057.00 USD Million [+]
Government Revenues 4894.30 5121.00 5121.00 583.80 USD Million [+]
Fiscal Expenditure 7163.80 5557.00 7163.80 642.50 USD Million [+]
Military Expenditure 371.00 317.00 820.00 72.20 USD Million [+]
Credit Rating 25.00 [+]

El Salvador Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.