Government spending In the Euro Area was last recorded at 52.4 percent of GDP in 2021 . source: EUROSTAT
Government Spending to GDP in the Euro Area averaged 48.64 percent of GDP from 1995 until 2021, reaching an all time high of 53.60 percent of GDP in 2020 and a record low of 45.60 percent of GDP in 2007. This page provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending to GDP - values, historical data and charts - was last updated on September of 2022.
Government Spending to GDP in Euro Area is expected to reach 50.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Spending to GDP is projected to trend around 48.00 percent of GDP in 2023 and 46.00 percent of GDP in 2024, according to our econometric models.