Government Spending in Spain increased to 55858 EUR Million in the third quarter of 2018 from 55256 EUR Million in the second quarter of 2018. Government Spending in Spain averaged 40949.53 EUR Million from 1995 until 2018, reaching an all time high of 55982 EUR Million in the fourth quarter of 2009 and a record low of 19910 EUR Million in the first quarter of 1995.

Government Spending in Spain is expected to be 55480.00 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 57397.00 in 12 months time. In the long-term, the Spain Government Spending is projected to trend around 58062.00 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 98.30 99.00 100.40 16.60 percent [+]
Government Budget -3.10 -4.50 2.20 -11.00 percent of GDP [+]
Government Budget Value -12378.00 -8384.00 12365.00 -99130.00 EUR Million [+]
Government Spending 55858.00 55256.00 55982.00 19910.00 EUR Million [+]
Government Spending to GDP 41.00 42.20 48.10 38.30 percent [+]
Government Debt 1175703594.00 1163885055.00 1175703594.00 136774640.00 EUR Thousand [+]
Military Expenditure 15686.00 14014.40 18206.70 2319.30 USD Million [+]
Credit Rating 62.25 [+]
Asylum Applications 3800.00 4340.00 6515.00 145.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55858.00 55256.00 55982.00 19910.00 1995 - 2018 EUR Million Quarterly
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Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 55858.00 Sep/18
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Turkey 58201812.20 Sep/18
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