Government Spending in Rwanda decreased to 356 RWF Billion in the second quarter of 2020 from 378 RWF Billion in the first quarter of 2020.

Government Spending in Rwanda averaged 205.24 RWF Billion from 2006 until 2020, reaching an all time high of 432 RWF Billion in the second quarter of 2019 and a record low of 97 RWF Billion in the first quarter of 2006. This page provides the latest reported value for - Rwanda Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Rwanda Government Spending - values, historical data and charts - was last updated on October of 2020.

Government Spending in Rwanda is expected to be 343.66 RWF Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Rwanda to stand at 393.12 in 12 months time. In the long-term, the Rwanda Government Spending is projected to trend around 369.43 RWF Billion in 2021 and 386.95 RWF Billion in 2022, according to our econometric models.

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Rwanda Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
356.00 378.00 432.00 97.00 2006 - 2020 RWF Billion Quarterly
Constant Prices 2017, NSA

Rwanda Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.10 40.20 119.50 19.50 percent [+]
Government Budget -4.30 -4.30 -0.10 -5.30 percent of GDP [+]
Military Expenditure 119.50 115.70 158.00 32.30 USD Million [+]
Credit Rating 33.00 [+]
Government Spending 356.00 378.00 432.00 97.00 RWF Billion [+]

Rwanda 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.