Government Spending in Romania increased to 2482.10 RON Million in the second quarter of 2021 from 2461.60 RON Million in the first quarter of 2021. source: Institutul National de Statistica

Government Spending in Romania averaged 1840.41 RON Million from 1995 until 2021, reaching an all time high of 3385.10 RON Million in the second quarter of 1995 and a record low of 528.80 RON Million in the third quarter of 1995. This page provides - Romania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Romania is expected to be 2524.00 RON Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Government Spending is projected to trend around 2886.00 RON Million in 2022 and 3030.00 RON Million in 2023, according to our econometric models.

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.

Please Paste this Code in your Website
Romania Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2482.10 2461.60 3385.10 528.80 1995 - 2021 RON Million Quarterly
Constant Prices 2000, SA

Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.30 35.30 47.30 6.60 percent of GDP [+]
Government Budget -9.20 -4.40 0.50 -9.20 percent of GDP [+]
Government Budget Value -42565.60 -42703.10 3486.70 -105906.60 RON Million [+]
Government Spending 2482.10 2461.60 3385.10 528.80 RON Million [+]
Government Spending to GDP 42.40 36.20 42.40 33.20 percent of GDP [+]
Government Revenues 97099.80 79147.20 152477.40 3701.40 RON Million [+]
Government Debt 490952.90 482492.40 490952.90 38469.80 RON Million [+]
Fiscal Expenditure 139665.40 121850.30 246929.90 2850.50 RON Million [+]
Credit Rating 55.00 [+]
Military Expenditure 5579.00 4613.00 9163.00 1857.00 USD Million [+]
Asylum Applications 790.00 1040.00 1170.00 45.00 persons [+]

Romania 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.