Government Spending in Rwanda decreased to 289 RWF Billion in the third quarter of 2019 from 400 RWF Billion in the second quarter of 2019. Rwanda Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Rwanda averaged 184.55 RWF Billion from 2006 until 2019, reaching an all time high of 400 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.

Government Spending in Rwanda is expected to be 310.67 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 312.41 in 12 months time. In the long-term, the Rwanda Government Spending is projected to trend around 336.15 RWF Billion in 2021 and 363.04 RWF Billion in 2022, according to our econometric models.

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Rwanda Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
289.00 400.00 400.00 97.00 2006 - 2019 RWF Billion Quarterly
Constant Prices 2014, NSA

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.