Government Spending in Ecuador increased to 2538849 USD THO in the fourth quarter of 2020 from 2518979 USD THO in the third quarter of 2020. source: Banco Central Del Ecuador

Government Spending in Ecuador averaged 1422251.56 USD THO from 1990 until 2020, reaching an all time high of 2844942 USD THO in the fourth quarter of 2018 and a record low of 368888 USD THO in the third quarter of 1999. This page provides - Ecuador Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Government Spending - values, historical data and charts - was last updated on May of 2021.

Government Spending in Ecuador is expected to be 2742367.00 USD THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ecuador to stand at 2569315.00 in 12 months time. In the long-term, the Ecuador Government Spending is projected to trend around 2654240.00 USD THO in 2022 and 3105460.00 USD THO in 2023, according to our econometric models.

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Ecuador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2538849.00 2518979.00 2844942.00 368888.00 1990 - 2020 USD THO Quarterly
Constant Prices, NSA

Ecuador Government Last Previous Highest Lowest Unit
Government Debt to GDP 68.90 51.80 85.50 16.40 percent [+]
Government Budget -8.90 -3.20 3.27 -10.94 percent of GDP [+]
Government Budget Value -577.43 1350.49 1588.25 -2215.02 USD Million [+]
Government Spending 2538849.00 2518979.00 2844942.00 368888.00 USD THO [+]
Government Revenues 1618.34 2097.28 3706.77 0.00 USD Million [+]
Fiscal Expenditure 2195.77 746.79 3819.10 140.70 USD Million [+]
Credit Rating 20.00 [+]
Military Expenditure 2459.00 2549.00 3003.00 221.00 USD Million [+]

Ecuador 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.