Government Spending in Romania decreased to 1723.90 RON Million in the second quarter of 2018 from 1764.90 RON Million in the first quarter of 2018. Government Spending in Romania averaged 1548.17 RON Million from 1995 until 2018, reaching an all time high of 1820.40 RON Million in the third quarter of 2000 and a record low of 1020.80 RON Million in the third quarter of 2007.

Government Spending in Romania is expected to be 1803.00 RON Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Romania to stand at 1832.00 in 12 months time. In the long-term, the Romania Government Spending is projected to trend around 1781.00 RON Million in 2020, according to our econometric models.

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Romania Government Spending
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Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.00 37.40 39.10 6.60 percent [+]
Government Budget -2.90 -3.00 0.50 -9.20 percent of GDP [+]
Government Budget Value -24742.80 -21985.60 3315.90 -35173.30 RON Million [+]
Government Spending 1723.90 1764.90 1820.40 1020.80 RON Million [+]
Government Spending to GDP 33.40 34.60 39.90 32.90 percent [+]
Government Revenues 93620.90 84080.10 113021.90 3701.40 RON Million [+]
Government Debt 291417.20 287030.30 291417.20 38469.80 RON Million [+]
Fiscal Expenditure 118363.70 106065.70 144418.70 2850.50 RON Million [+]
Military Expenditure 3975.50 2644.20 8676.30 1758.30 USD Million [+]
Credit Rating 51.52 [+]
Asylum Applications 160.00 115.00 750.00 45.00 persons [+]

Romania 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 - Romania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1723.90 1764.90 1820.40 1020.80 1995 - 2018 RON Million Quarterly
Constant Prices 2000, SA

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