Government Spending in Kyrgyzstan increased to 11726.30 KGS Million in the second quarter of 2019 from 6753.90 KGS Million in the first quarter of 2019. Kyrgyzstan Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Kyrgyzstan averaged 34078.80 KGS Million from 2008 until 2019, reaching an all time high of 90482.10 KGS Million in the fourth quarter of 2017 and a record low of 5798.80 KGS Million in the first quarter of 2008. This page provides the latest reported value for - Kyrgyzstan Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Government Spending in Kyrgyzstan is expected to be 6990.00 KGS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Kyrgyzstan to stand at 12125.00 in 12 months time. In the long-term, the Kyrgyzstan Government Spending is projected to trend around 12598.00 KGS Million in 2021 and 13165.00 KGS Million in 2022, according to our econometric models.

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Kyrgyzstan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
11726.30 6753.90 90482.10 5798.80 2008 - 2019 KGS Million Quarterly

Kyrgyzstan 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.