Government Spending in Estonia increased to 1068.07 EUR Million in the second quarter of 2019 from 1049.04 EUR Million in the first quarter of 2019. Government Spending in Estonia averaged 875.71 EUR Million from 1995 until 2019, reaching an all time high of 1297.32 EUR Million in the fourth quarter of 2018 and a record low of 599.64 EUR Million in the third quarter of 1997.

Government Spending in Estonia is expected to be 776.41 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Estonia to stand at 870.62 in 12 months time. In the long-term, the Estonia Government Spending is projected to trend around 1046.92 EUR Million in 2020, according to our econometric models.

Estonia Government Spending
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Estonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 8.40 9.20 10.50 3.70 percent [+]
Government Budget -0.60 -0.40 2.90 -3.30 percent of GDP [+]
Government Budget Value 17.24 35.88 289.24 -450.14 EUR Million [+]
Government Spending 1068.07 1049.04 1297.32 599.64 EUR Million [+]
Government Spending to GDP 39.50 39.30 46.10 33.60 percent [+]
Government Revenues 908.44 959.78 1159.94 17.03 EUR Million [+]
Fiscal Expenditure 891.20 923.91 1164.34 11.18 EUR Million [+]
Credit Rating 81.25 [+]
Military Expenditure 571.00 537.00 571.00 48.40 USD Million [+]
Asylum Applications 15.00 10.00 45.00 0.00 persons [+]


Estonia 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. This page provides - Estonia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Government Spending - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1068.07 1049.04 1297.32 599.64 1995 - 2019 EUR Million Quarterly
Constant Prices, NSA




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