Government Spending in Lithuania decreased to 1669.30 EUR Million in the second quarter of 2021 from 1719.40 EUR Million in the first quarter of 2021. source: Statistics Lithuania

Government Spending in Lithuania averaged 1608.92 EUR Million from 2005 until 2021, reaching an all time high of 1734.40 EUR Million in the first quarter of 2020 and a record low of 1423.10 EUR Million in the third quarter of 2010. This page provides - Lithuania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Government Spending - values, historical data and charts - was last updated on November of 2021.

Government Spending in Lithuania is expected to be 1672.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Government Spending is projected to trend around 1718.00 EUR Million in 2022 and 1785.00 EUR Million in 2023, according to our econometric models.

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Lithuania Government Spending

Related Last Previous Unit Reference
Government Budget Value 153.60 -408.80 EUR Million Jun/21
Government Spending 1669.30 1719.40 EUR Million Jun/21
Government Revenues 5467.14 4418.29 EUR Million Jun/21
Fiscal Expenditure 5313.54 4827.09 EUR Million Jun/21
Lithuania 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.