Government spending In the Euro Area was last recorded at 47.1 percent of GDP in 2019 .

Government Spending to GDP in the Euro Area averaged 48.30 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 September of 2020. source: Eurostat

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.

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Euro Area Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
47.10 47.00 52.90 45.60 1995 - 2019 percent Yearly

Euro Area Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.10 85.80 92.80 65.90 percent [+]
Government Budget -0.60 -0.50 -0.50 -7.30 percent of GDP [+]
Government Spending 564.21 579.29 583.47 401.63 EUR Billion [+]
Government Spending to GDP 47.10 47.00 52.90 45.60 percent [+]
Government Debt 10022826.20 9931157.60 10022826.20 4102271.80 EUR Million [+]
Credit Rating 13.59 [+]