Government Spending in European Union increased to 735678.40 EUR Million in the third quarter of 2018 from 732859.10 EUR Million in the second quarter of 2018. Government Spending in European Union averaged 634283.71 EUR Million from 1995 until 2018, reaching an all time high of 735678.40 EUR Million in the third quarter of 2018 and a record low of 513137.90 EUR Million in the first quarter of 1995.

Government Spending in European Union is expected to be 744578.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in European Union to stand at 749974.00 in 12 months time. In the long-term, the European Union Government Spending is projected to trend around 779222.00 EUR Million in 2020, according to our econometric models.

European Union Government Spending
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


European Union Government Last Previous Highest Lowest Unit
Government Debt To GDP 81.60 83.30 86.50 57.50 percent [+]
Government Budget -1.00 -1.60 -0.90 -6.60 percent of GDP [+]
Government Spending 735678.40 732859.10 735678.40 513137.90 EUR Million [+]
Government Spending To GDP 45.80 46.30 50.10 44.60 percent [+]
Government Debt 12504712.50 12412599.10 12512303.20 5800073.50 EUR Million [+]
Asylum Applications 6400.00 25060.00 167190.00 6400.00 persons [+]


European Union Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - European Union Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
735678.40 732859.10 735678.40 513137.90 1995 - 2018 EUR Million Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


Related

Latest