Government Spending In the Euro Area increased to 545.63 EUR Billion in the fourth quarter of 2018 from 541.71 EUR Billion in the third quarter of 2018. Government Spending in the Euro Area averaged 471.99 EUR Billion from 1995 until 2018, reaching an all time high of 545.63 EUR Billion in the fourth quarter of 2018 and a record low of 385.41 EUR Billion in the first quarter of 1995.

Government Spending in Euro Area is expected to be 549.94 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Euro Area to stand at 553.54 in 12 months time. In the long-term, the Euro Area Government Spending is projected to trend around 579.30 EUR Billion in 2020, according to our econometric models.

Euro Area Government Spending
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Forecast Data Chart
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Euro Area Government Last Previous Highest Lowest Unit
Government Debt to GDP 85.10 87.10 92.00 65.00 percent [+]
Government Budget -0.50 -1.00 -0.50 -7.40 percent of GDP [+]
Government Spending 545.63 541.71 545.63 385.41 EUR Billion [+]
Government Spending to GDP 46.80 47.00 52.80 45.40 percent [+]
Government Debt 9859512.70 9760551.00 9859512.70 4072618.10 EUR Million [+]
Credit Rating 13.59 [+]


Euro Area 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 the latest reported value for - Euro Area Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
545.63 541.71 545.63 385.41 1995 - 2018 EUR Billion Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 115516.82 Mar/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136745.00 Mar/19
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 153652.73 Mar/19
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62531.40 Mar/19
Spain 56820.00 Mar/19
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 94208.00 Mar/19
United States 3207.68 Mar/19


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