Government Spending in Czech Republic increased to 262.53 CZK Billion in the third quarter of 2021 from 255.85 CZK Billion in the second quarter of 2021. source: Czech Statistical Office

Government Spending in Czech Republic averaged 208.84 CZK Billion from 1996 until 2021, reaching an all time high of 262.53 CZK Billion in the third quarter of 2021 and a record low of 168.17 CZK Billion in the first quarter of 1996. This page provides - Czech Republic Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Government Spending - values, historical data and charts - was last updated on January of 2022.

Government Spending in Czech Republic is expected to be 269.50 CZK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Government Spending is projected to trend around 278.93 CZK Billion in 2022 and 285.91 CZK Billion in 2023, according to our econometric models.

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Czech Republic Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 38.10 30.30 percent of GDP Dec/20
Government Budget -6.20 0.30 percent of GDP Dec/20
Government Spending 262.53 255.85 CZK Billion Sep/21
Government Debt 2153032.00 1739932.00 CZK Million Dec/20
Czech Republic 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.