Government Spending in Honduras increased to 7375 HNL Million in the fourth quarter of 2019 from 7045 HNL Million in the third quarter of 2019.

Government Spending in Honduras averaged 5560.54 HNL Million from 2000 until 2019, reaching an all time high of 7651 HNL Million in the fourth quarter of 2018 and a record low of 3496 HNL Million in the second quarter of 2000. This page provides - Honduras Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Honduras Government Spending - values, historical data and charts - was last updated on July of 2020.

Government Spending in Honduras is expected to be 6587.00 HNL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Honduras to stand at 7493.00 in 12 months time. In the long-term, the Honduras Government Spending is projected to trend around 7353.00 HNL Million in 2021 and 7566.00 HNL Million in 2022, according to our econometric models.

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Honduras Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
7375.00 7045.00 7651.00 3496.00 2000 - 2019 HNL Million Quarterly
Constant Prices, NSA

Honduras Government Last Previous Highest Lowest Unit
Government Debt to GDP 44.05 43.69 68.11 23.10 percent [+]
Government Budget -2.60 -2.70 -0.33 -7.90 percent of GDP [+]
Government Spending 7375.00 7045.00 7651.00 3496.00 HNL Million [+]
Military Expenditure 400.00 398.00 400.00 19.10 USD Million [+]
Credit Rating 35.00 [+]

Honduras 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.