Government spending In the Euro Area was last recorded at 54.1 percent of GDP in 2020 . source: EUROSTAT
Government Spending to GDP in the Euro Area averaged 48.52 percent from 1995 until 2020, reaching an all time high of 54.10 percent in 2020 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 June of 2021.
Government Spending to GDP in Euro Area is expected to reach 54.00 percent by the end of 2021, 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 2022 and 48.00 percent in 2023, according to our econometric models.