Government Spending in Belgium decreased to 27134 EUR Million in the third quarter of 2021 from 27224 EUR Million in the second quarter of 2021. source: National Bank of Belgium

Government Spending in Belgium averaged 18337.12 EUR Million from 1980 until 2021, reaching an all time high of 27224 EUR Million in the second quarter of 2021 and a record low of 9857 EUR Million in the first quarter of 1980. This page provides - Belgium Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Spending - values, historical data and charts - was last updated on December of 2021.

Government Spending in Belgium is expected to be 27289.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Spending is projected to trend around 27808.00 EUR Million in 2022 and 28280.00 EUR Million in 2023, according to our econometric models.

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Belgium Government Spending


Related Last Previous Unit Reference
Government Budget Value -42318.10 -9079.30 EUR Million Dec/20
Government Spending 27134.00 27224.00 EUR Million Sep/21
Government Revenues 228251.20 239022.00 EUR Million Dec/20
Government Debt 649785.00 643789.00 EUR Million Jun/21
Fiscal Expenditure 270569.30 248101.30 EUR Million Dec/20
Belgium 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.