Government Spending to GDP In the Euro Area increased to 47.10 percent in 2019 from 46.90 percent in 2018. source: Eurostat
Government Spending to GDP in the Euro Area averaged 48.29 percent from 1995 until 2019, reaching an all time high of 52.90 percent in 1995 and a record low of 45.60 percent in 2007. This page provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending to GDP - values, historical data and charts - was last updated on December of 2020.
Government Spending to GDP in Euro Area is expected to reach 55.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Spending to GDP is projected to trend around 50.00 percent in 2021 and 47.00 percent in 2022, according to our econometric models.