Government Spending in Estonia decreased to 852.72 EUR Million in the first quarter of 2019 from 984.68 EUR Million in the fourth quarter of 2018. Government Spending in Estonia averaged 697.91 EUR Million from 1995 until 2019, reaching an all time high of 984.68 EUR Million in the fourth quarter of 2018 and a record low of 490.14 EUR Million in the third quarter of 2000.

Government Spending in Estonia is expected to be 905.19 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 Estonia to stand at 999.46 in 12 months time. In the long-term, the Estonia Government Spending is projected to trend around 1055.14 EUR Million in 2020, according to our econometric models.

Estonia Government Spending
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Estonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 8.40 9.20 10.50 3.70 percent [+]
Government Budget -0.60 -0.40 2.90 -3.30 percent of GDP [+]
Government Budget Value 50.37 -65.20 289.24 -450.14 EUR Million [+]
Government Spending 852.72 984.68 984.68 490.14 EUR Million [+]
Government Spending to GDP 39.50 39.30 46.10 33.60 percent [+]
Government Revenues 882.96 744.92 1159.94 17.03 EUR Million [+]
Fiscal Expenditure 832.59 810.12 1164.34 11.18 EUR Million [+]
Credit Rating 81.25 [+]
Military Expenditure 571.00 537.00 571.00 48.40 USD Million [+]
Asylum Applications 5.00 5.00 45.00 0.00 persons [+]


Estonia 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 - Estonia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Government Spending - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
852.72 984.68 984.68 490.14 1995 - 2019 EUR Million Quarterly
Constant Prices, NSA




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