Government Spending in Ukraine decreased to 91991 UAH Million in the first quarter of 2020 from 128189 UAH Million in the fourth quarter of 2019.

Government Spending in Ukraine averaged 44212.69 UAH Million from 2001 until 2020, reaching an all time high of 128189 UAH Million in the fourth quarter of 2019 and a record low of 25043 UAH Million in the first quarter of 2001. This page provides - Ukraine Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ukraine Government Spending - values, historical data and charts - was last updated on July of 2020. source: State Statistics Service of Ukraine

Government Spending in Ukraine is expected to be 47945.00 UAH Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ukraine to stand at 100270.00 in 12 months time. In the long-term, the Ukraine Government Spending is projected to trend around 124818.00 UAH Million in 2021 and 128063.00 UAH Million in 2022, according to our econometric models.

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Ukraine Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
91991.00 128189.00 128189.00 25043.00 2001 - 2020 UAH Million Quarterly
Constant 2010 Prices, NSA

Ukraine Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.90 71.80 81.00 12.30 percent [+]
Government Budget -1.90 -1.40 5.10 -7.00 percent of GDP [+]
Government Budget Value 48781.26 24307.86 78049.51 -72030.46 UAH Million [+]
Government Spending 91991.00 128189.00 128189.00 25043.00 UAH Million [+]
Government Revenues 500402.74 403762.88 1289779.80 4637.10 UAH Million [+]
Government Debt 889846456.13 851581075.50 889846456.13 14428105.68 UAH Thousand [+]
Fiscal Expenditure 533662.30 415354.10 1370113.00 6879.00 UAH Million [+]
Military Expenditure 4401.00 3648.00 4401.00 302.00 USD Million [+]
Credit Rating 26.00 [+]


Ukraine 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.