Government Spending In the Euro Area increased to 553.63 EUR Billion in the second quarter of 2019 from 551.79 EUR Billion in the first quarter of 2019. Government Spending in the Euro Area averaged 475.02 EUR Billion from 1995 until 2019, reaching an all time high of 553.63 EUR Billion in the second quarter of 2019 and a record low of 384.74 EUR Billion in the first quarter of 1995.
Government Spending in Euro Area is expected to be 548.25 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 553.68 in 12 months time. In the long-term, the Euro Area Government Spending is projected to trend around 569.40 EUR Billion in 2020, according to our econometric models.