Ecuador Government Budget
Ecuador recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2013. Government Budget in Ecuador averaged -1.34 Percent of GDP from 1983 until 2013, reaching an all time high of 3.27 Percent of GDP in 2006 and a record low of -10.94 Percent of GDP in 1987. Government Budget in Ecuador is reported by the Ministry of Finance, Ecuador.
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||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Ecuador Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.