Government Spending in Finland increased to 11934 EUR Million in the second quarter of 2020 from 11574 EUR Million in the first quarter of 2020.

Government Spending in Finland averaged 8555.29 EUR Million from 1975 until 2020, reaching an all time high of 12494 EUR Million in the fourth quarter of 2016 and a record low of 3871 EUR Million in the second quarter of 1975. This page provides - Finland Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Government Spending - values, historical data and charts - was last updated on September of 2020. source: Statistics Finland

Government Spending in Finland is expected to be 11208.00 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 Finland to stand at 12639.00 in 12 months time. In the long-term, the Finland Government Spending is projected to trend around 12276.00 EUR Million in 2021 and 12546.00 EUR Million in 2022, according to our econometric models.

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Finland Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
11934.00 11574.00 12494.00 3871.00 1975 - 2020 EUR Million Quarterly
Constant 2010 Prices, NSA

Finland Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.40 59.60 63.60 6.10 percent [+]
Government Budget -1.10 -0.90 7.70 -8.10 percent of GDP [+]
Government Budget Value -1487.90 -2350.00 2319.20 -3833.40 EUR Million [+]
Government Spending 11934.00 11574.00 12494.00 3871.00 EUR Million [+]
Government Spending to GDP 53.30 53.40 64.20 38.60 percent [+]
Government Revenues 3489.80 4739.10 5681.64 2345.54 EUR Million [+]
Government Debt 123888.00 123888.00 123888.00 48415.00 EUR Million [+]
Fiscal Expenditure 5839.70 5026.00 7343.71 928.60 EUR Million [+]
Military Expenditure 3615.00 3430.00 3615.00 605.00 USD Million [+]
Credit Rating 96.00 [+]
Asylum Applications 45.00 30.00 10805.00 30.00 persons [+]

Finland 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.