Government Spending in Paraguay decreased to 6352316 PYG Million in the first quarter of 2019 from 7880750 PYG Million in the fourth quarter of 2018. Government Spending in Paraguay averaged 2457896.80 PYG Million from 1994 until 2019, reaching an all time high of 7880750 PYG Million in the fourth quarter of 2018 and a record low of 274586 PYG Million in the first quarter of 1994.

Government Spending in Paraguay is expected to be 6302747.00 PYG Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Paraguay to stand at 8188099.00 in 12 months time. In the long-term, the Paraguay Government Spending is projected to trend around 8796745.00 PYG Million in 2020, according to our econometric models.

Paraguay Government Spending
Forecast Data Chart
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Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.20 18.20 67.00 8.10 percent [+]
Government Budget -1.30 -1.10 4.50 -3.30 percent of GDP [+]
Military Expenditure 379.00 348.00 386.00 44.60 USD Million [+]
Government Spending 6352316.00 7880750.00 7880750.00 274586.00 PYG Million [+]
Government Debt 8615.20 8530.40 8615.20 2350.60 USD Million [+]
Credit Rating 41.25 [+]

Paraguay 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. This page provides - Paraguay Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Spending - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6352316.00 7880750.00 7880750.00 274586.00 1994 - 2019 PYG Million Quarterly
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