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.