Government Spending in Belgium increased to 25582 EUR Million in the third quarter of 2019 from 25464 EUR Million in the second quarter of 2019. Belgium Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Belgium averaged 18114.86 EUR Million from 1980 until 2019, reaching an all time high of 25582 EUR Million in the third quarter of 2019 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.

Government Spending in Belgium is expected to be 25377.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Belgium to stand at 25812.00 in 12 months time. In the long-term, the Belgium Government Spending is projected to trend around 26122.00 EUR Million in 2021 and 26435.00 EUR Million in 2022, according to our econometric models.

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Belgium Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
25582.00 25464.00 25582.00 9857.00 1980 - 2019 EUR Million Quarterly
Constant Prices 2016, SA

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.