Guatemala Government Budget

Guatemala recorded a Government Budget deficit equal to 0.89 percent of the countrys Gross Domestic Product in 2012. Government Budget in Guatemala is reported by the Inter-American Development Bank. From 1990 until 2012, Guatemala Government Budget averaged -1.3 Percent of GDP reaching an all time high of 0.2 Percent of GDP in December of 1992 and a record low of -3.1 Percent of GDP in December of 2009. 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 - Guatemala Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.89 -1.35 0.24 -3.14 -0.43 | 2013/12 1990 - 2012 Percent of GDP Yearly

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Guatemala Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 29.74 2012-12-31 29.24 37.07 20.82 29.81 2013-12-31 Percent [+]
Government Budget -0.89 2012-12-31 -1.35 0.24 -3.14 -0.43 2013-12-31 Percent of GDP [+]
Government Budget Value -414.30 2014-02-15 1505.10 1505.10 -4406.70 -685.98 2014-03-31 GTQ Million [+]
Government Spending 25063.60 2013-06-30 24454.40 25063.60 13587.00 25123.51 2013-12-31 GTQ Million [+]
Credit Rating 48.75 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Guatemala Inflation Rate at 3.25 Percent  
The inflation rate in Guatemala was recorded at 3.25 percent in March of 2014. Inflation Rate in Guatemala is reported by the Banco de Guatemala.
Guatemala Capital Flows at 2517.10 USD Million  
Capital Flows in Guatemala increased to 2517.10 USD Million in 2013 from 2262 USD Million in 2012. Capital Flows in Guatemala is reported by the Banco de Guatemala.
Guatemala Changes in Inventories at -152.10 GTQ Million  
Changes in Inventories in Guatemala increased to -152.10 GTQ Million in 2013 from -472.10 GTQ Million in 2012. Changes in Inventories in Guatemala is reported by the Banco de Guatemala.
Guatemala Consumer Price Index (CPI) at 115.46 Index Points  
Consumer Price Index (CPI) in Guatemala increased to 115.46 Index Points in March of 2014 from 115.20 Index Points in February of 2014. Consumer Price Index (CPI) in Guatemala is reported by the Banco de Guatemala.
Guatemala Consumer Spending at 187994.80 GTQ Million  
Consumer Spending in Guatemala increased to 187994.80 GTQ Million in 2013 from 179995 GTQ Million in 2012. Consumer Spending in Guatemala is reported by the Banco de Guatemala.
Guatemala GDP Constant Prices at 221842.30 GTQ Million  
GDP Constant Prices in Guatemala increased to 221842.30 GTQ Million in 2013 from 214088.20 GTQ Million in 2012. GDP Constant Prices in Guatemala is reported by the Banco de Guatemala.
Guatemala Government Budget Value at -414.30 GTQ Million  
Guatemala recorded a government budget deficit of 414.30 GTQ Million in February of 2014. Government Budget Value in Guatemala is reported by the Banco de Guatemala.
Guatemala Government Spending at 25063.60 GTQ Million  
Government Spending in Guatemala increased to 25063.60 GTQ Million in 2013 from 24454.40 GTQ Million in 2012. Government Spending in Guatemala is reported by the Banco de Guatemala.
Guatemala Gross Fixed Capital Formation at 32283.60 GTQ Million  
Gross Fixed Capital Formation in Guatemala increased to 32283.60 GTQ Million in 2013 from 31726.20 GTQ Million in 2012. Gross Fixed Capital Formation in Guatemala is reported by the Banco de Guatemala.
Guatemala Remittances at 5246.00 USD Million  
Remittances in Guatemala increased to 5246 USD Million in 2013 from 4915.60 USD Million in 2012. Remittances in Guatemala is reported by the Bank of Guatemala.
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