Government Spending in Belgium decreased to 26889 EUR Million in the first quarter of 2022 from 27110 EUR Million in the fourth quarter of 2021. source: National Bank of Belgium

Government Spending in Belgium averaged 18439.63 EUR Million from 1980 until 2022, reaching an all time high of 27224 EUR Million in the second quarter of 2021 and a record low of 9857 EUR Million in the first quarter of 1980. This page provides - Belgium Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Spending - values, historical data and charts - was last updated on June of 2022.

Government Spending in Belgium is expected to be 27905.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Spending is projected to trend around 28035.00 EUR Million in 2023 and 28512.00 EUR Million in 2024, according to our econometric models.

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Belgium Government Spending

Related Last Previous Unit Reference
Government Budget Value -42318.10 -9079.30 EUR Million Dec 2020
Government Spending 26889.00 27110.00 EUR Million Mar 2022
Government Revenues 228251.20 239022.00 EUR Million Dec 2020
Government Debt 651173.00 652777.00 EUR Million Dec 2021
Fiscal Expenditure 270569.30 248101.30 EUR Million Dec 2020

Belgium 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.
Actual Previous Highest Lowest Dates Unit Frequency
26889.00 27110.00 27224.00 9857.00 1980 - 2022 EUR Million Quarterly
Constant Prices 2016, SA