Government Spending In the Euro Area decreased to 581.48 EUR Billion in the first quarter of 2020 from 583.72 EUR Billion in the fourth quarter of 2019.
Government Spending in the Euro Area averaged 498.23 EUR Billion from 1995 until 2020, reaching an all time high of 583.72 EUR Billion in the fourth quarter of 2019 and a record low of 401.15 EUR Billion in the first quarter of 1995. 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 - values, historical data and charts - was last updated on August of 2020. source: Eurostat
Government Spending in Euro Area is expected to be 595.00 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 609.00 in 12 months time. In the long-term, the Euro Area Government Spending is projected to trend around 605.00 EUR Billion in 2021 and 606.00 EUR Billion in 2022, according to our econometric models.