Government Spending in European Union decreased to 714.02 EUR Billion in the first quarter of 2022 from 716.38 EUR Billion in the fourth quarter of 2021. source: EUROSTAT
Government Spending in European Union averaged 587.87 EUR Billion from 1995 until 2022, reaching an all time high of 716.38 EUR Billion in the fourth quarter of 2021 and a record low of 463.83 EUR Billion in the first quarter of 1995. This page provides - European Union Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Spending - values, historical data and charts - was last updated on July of 2022.
Government Spending in European Union is expected to be 733.18 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Spending is projected to trend around 743.86 EUR Billion in 2023 and 759.48 EUR Billion in 2024, according to our econometric models.