Government Spending in Ecuador decreased to 2473938 USD THO in the first quarter of 2021 from 2538849 USD THO in the fourth quarter of 2020. source: Banco Central Del Ecuador

Government Spending in Ecuador averaged 1430665.05 USD THO from 1990 until 2021, 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 July 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 2620092.00 in 12 months time. In the long-term, the Ecuador Government Spending is projected to trend around 2705778.00 USD THO in 2022 and 2754482.00 USD THO in 2023, according to our econometric models.

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Ecuador Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2473938.00 2538849.00 2844942.00 368888.00 1990 - 2021 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 of GDP [+]
Government Budget -8.90 -3.20 3.27 -10.94 percent of GDP [+]
Government Budget Value -554.33 780.84 1588.25 -2215.02 USD Million [+]
Government Spending 2473938.00 2538849.00 2844942.00 368888.00 USD THO [+]
Government Revenues 1307.42 2291.69 3706.77 0.00 USD Million [+]
Fiscal Expenditure 1861.75 1510.85 3819.10 140.70 USD Million [+]
Credit Rating 20.00 [+]
Military Expenditure 2244.00 2400.00 3011.00 222.00 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.