Government Spending in Estonia decreased to 754.63 EUR Million in the third quarter of 2018 from 892.11 EUR Million in the second quarter of 2018. Government Spending in Estonia averaged 694.57 EUR Million from 1995 until 2018, reaching an all time high of 967.98 EUR Million in the fourth quarter of 2017 and a record low of 490.14 EUR Million in the third quarter of 2000.

Government Spending in Estonia is expected to be 989.92 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 906.83 in 12 months time. In the long-term, the Estonia Government Spending is projected to trend around 1038.00 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 9.00 9.40 10.70 3.70 percent [+]
Government Budget -0.30 -0.30 2.90 -3.30 percent of GDP [+]
Government Budget Value 12.30 -20.54 289.24 -450.14 EUR Million [+]
Government Spending 754.63 892.11 967.98 490.14 EUR Million [+]
Government Spending to GDP 40.20 40.60 46.10 33.60 percent [+]
Government Revenues 834.07 782.27 1159.94 17.03 EUR Million [+]
Fiscal Expenditure 821.77 802.81 1164.34 11.18 EUR Million [+]
Credit Rating 81.25 [+]
Military Expenditure 509.04 497.65 509.04 46.11 USD Million [+]
Asylum Applications 30.00 0.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
754.63 892.11 967.98 490.14 1995 - 2018 EUR Million Quarterly
Constant Prices, NSA




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