Government Spending in Belgium increased to 25204 EUR Million in the first quarter of 2019 from 25159 EUR Million in the fourth quarter of 2018. Government Spending in Belgium averaged 18025.40 EUR Million from 1980 until 2019, reaching an all time high of 25204 EUR Million in the first quarter of 2019 and a record low of 9857 EUR Million in the first quarter of 1980.

Government Spending in Belgium is expected to be 25321.00 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 25575.00 in 12 months time. In the long-term, the Belgium Government Spending is projected to trend around 26141.00 EUR Million in 2020, according to our econometric models.

Belgium Government Spending
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Belgium Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 103.40 133.10 74.10 percent [+]
Government Budget -0.70 -0.80 0.20 -5.40 percent of GDP [+]
Government Budget Value -4468.00 -10532.00 745.00 -18764.00 EUR Million [+]
Government Spending 25204.00 25159.00 25204.00 9857.00 EUR Million [+]
Government Spending to GDP 52.40 52.10 64.00 48.20 percent [+]
Government Revenues 224454.00 214063.40 224454.00 12733.00 EUR Million [+]
Government Debt 570548.00 542572.00 570548.00 277160.00 EUR Million [+]
Fiscal Expenditure 228976.10 225248.00 228976.10 110858.20 EUR Million [+]
Military Expenditure 4614.00 4485.00 8625.00 2007.00 USD Million [+]
Credit Rating 88.19 [+]
Asylum Applications 1755.00 1665.00 6360.00 725.00 persons [+]


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. This page provides - Belgium Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
25204.00 25159.00 25204.00 9857.00 1980 - 2019 EUR Million Quarterly
Constant Prices 2016, SA




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