Government Spending in Uruguay increased to 18563256.25 UYU Thousand in the first quarter of 2019 from 18519128.05 UYU Thousand in the fourth quarter of 2018. Government Spending in Uruguay averaged 15522335.23 UYU Thousand from 2005 until 2019, reaching an all time high of 18597224.36 UYU Thousand in the fourth quarter of 2016 and a record low of 11533511.60 UYU Thousand in the fourth quarter of 2005.

Government Spending in Uruguay is expected to be 18290615.76 UYU Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Uruguay to stand at 19074701.89 in 12 months time. In the long-term, the Uruguay Government Spending is projected to trend around 20393927.68 UYU Thousand in 2020, according to our econometric models.

Uruguay Government Spending
Forecast Data Chart
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Uruguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 51.70 51.10 96.10 30.60 percent [+]
Government Budget -2.00 -2.70 -0.40 -3.40 percent of GDP [+]
Government Budget Value -3319.89 -4771.21 11132.20 -14936.36 UYU Million [+]
Government Spending 18563256.25 18519128.05 18597224.36 11533511.60 UYU Thousand [+]
Government Revenues 33969.90 33086.13 37259.84 3376.46 UYU Million [+]
Fiscal Expenditure 50220.16 51624.43 62324.76 5518.89 UYU Million [+]
Military Expenditure 1164.00 1166.00 1865.00 530.00 USD Million [+]
Credit Rating 56.25 [+]

Uruguay 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 - Uruguay Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Government Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18563256.25 18519128.05 18597224.36 11533511.60 2005 - 2019 UYU Thousand Quarterly
Constant Prices, NSA

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Argentina 90795.00 Mar/19
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