Government Spending In the Euro Area increased to 542.69 EUR Billion in the third quarter of 2018 from 541.43 EUR Billion in the second quarter of 2018. Government Spending in the Euro Area averaged 471.24 EUR Billion from 1995 until 2018, reaching an all time high of 542.69 EUR Billion in the third quarter of 2018 and a record low of 385.41 EUR Billion in the first quarter of 1995.

Government Spending in Euro Area is expected to be 549.50 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Euro Area to stand at 553.21 in 12 months time. In the long-term, the Euro Area Government Spending is projected to trend around 573.38 EUR Billion in 2020, according to our econometric models.

Euro Area Government Spending
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Forecast Data Chart
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Euro Area Government Last Previous Highest Lowest Unit
Government Debt to GDP 86.70 89.00 91.90 64.90 percent [+]
Government Budget -0.90 -1.50 -0.50 -7.30 percent of GDP [+]
Government Spending 542.69 541.43 542.69 385.41 EUR Billion [+]
Government Spending to GDP 47.10 47.60 52.80 45.40 percent [+]
Government Debt 9685501.30 9601612.50 9685501.30 4070595.60 EUR Million [+]
Credit Rating 13.59 [+]


Euro Area 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 the latest reported value for - Euro Area Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
542.69 541.43 542.69 385.41 1995 - 2018 EUR Billion Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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