Government Spending in Spain increased to 58162 EUR Million in the second quarter of 2019 from 57499 EUR Million in the first quarter of 2019. Government Spending in Spain averaged 41483.36 EUR Million from 1995 until 2019, reaching an all time high of 58162 EUR Million in the second quarter of 2019 and a record low of 19902 EUR Million in the first quarter of 1995.

Government Spending in Spain is expected to be 57150.00 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 Spain to stand at 58731.00 in 12 months time. In the long-term, the Spain Government Spending is projected to trend around 59852.00 EUR Million in 2020, according to our econometric models.

Spain Government Spending
Forecast Data Chart
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Spain Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.10 98.10 100.40 16.60 percent [+]
Government Budget -2.50 -3.10 2.20 -11.00 percent of GDP [+]
Government Budget Value -13922.00 -10514.00 12365.00 -99130.00 EUR Million [+]
Government Spending 58162.00 57499.00 58162.00 19902.00 EUR Million [+]
Government Spending to GDP 41.30 41.00 48.10 38.30 percent [+]
Government Debt 1200257869.00 1173988055.00 1200257869.00 136774640.00 EUR Thousand [+]
Military Expenditure 17039.00 16044.00 18833.00 2399.00 USD Million [+]
Credit Rating 62.25 [+]
Asylum Applications 9780.00 8745.00 10425.00 145.00 persons [+]

Spain 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 - Spain Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Government Spending - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58162.00 57499.00 58162.00 19902.00 1995 - 2019 EUR Million Quarterly
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Argentina 94555.00 Jun/19
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Canada 424534.00 Jun/19
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France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
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Russia 4035.60 Mar/19
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Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58162.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
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