Government spending In the Euro Area was last recorded at 49.5 percent of GDP in 2024 . Government Spending to GDP in Euro Area averaged 48.96 percent of GDP from 1995 until 2024, reaching an all time high of 53.60 percent of GDP in 2020 and a record low of 45.90 percent of GDP in 2007. source: EUROSTAT
Government Spending to GDP in Euro Area is expected to reach 50.20 percent of GDP by the end of 2026, 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 50.10 percent of GDP in 2027, according to our econometric models.