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.

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 85.10 87.10 92.00 65.00 percent [+]
Government Budget -0.50 -1.00 -0.50 -7.40 percent of GDP [+]
Government Spending 553.63 551.79 553.63 384.74 EUR Billion [+]
Government Spending to GDP 46.80 47.00 52.80 45.40 percent [+]
Government Debt 9859512.70 9760551.00 9859512.70 4072618.10 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
553.63 551.79 553.63 384.74 1995 - 2019 EUR Billion Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 91328.00 Jun/19
Brazil 120212.48 Jul/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2143950.00 Mar/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 57636.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 94259.00 Jun/19
United States 3293.82 Jun/19


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