Government Spending In the Euro Area increased to 607.33 EUR Billion in the second quarter of 2021 from 599.91 EUR Billion in the first quarter of 2021. source: EUROSTAT

Government Spending in the Euro Area averaged 503.19 EUR Billion from 1995 until 2021, reaching an all time high of 607.33 EUR Billion in the second quarter of 2021 and a record low of 401.06 EUR Billion in the first quarter of 1995. This page provides the latest reported value for - Euro Area Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending - values, historical data and charts - was last updated on November of 2021.

Government Spending in Euro Area is expected to be 632.37 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Spending is projected to trend around 646.29 EUR Billion in 2022 and 659.21 EUR Billion in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Euro Area Government Spending


Related Last Previous Unit Reference
Government Debt to GDP 98.00 83.90 percent of GDP Dec/20
Government Budget -7.20 -0.60 percent of GDP Dec/20
Government Spending 607.33 599.91 EUR Billion Jun/21
Government Spending to GDP 54.10 47.00 percent of GDP Dec/20
Government Debt 11107741.00 10027455.00 EUR Million Dec/20
Euro Area 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.