Government Spending In the Euro Area increased to 580.25 EUR Billion in the third quarter of 2019 from 577.99 EUR Billion in the second quarter of 2019.

Government Spending in the Euro Area averaged 496.52 EUR Billion from 1995 until 2019, reaching an all time high of 580.25 EUR Billion in the third quarter of 2019 and a record low of 401.12 EUR Billion in the first quarter of 1995. 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. source: Eurostat

Government Spending in Euro Area is expected to be 576.45 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 586.64 in 12 months time. In the long-term, the Euro Area Government Spending is projected to trend around 601.99 EUR Billion in 2020, according to our econometric models.


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Euro Area Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
580.25 577.99 580.25 401.12 1995 - 2019 EUR Billion Quarterly
Constant Prices 2015, SA

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.

Euro Area Government Last Previous Highest Lowest Unit
Government Debt to GDP 87.90 89.80 93.00 65.00 percent [+]
Government Budget -0.50 -0.90 -0.50 -7.40 percent of GDP [+]
Government Spending 580.25 577.99 580.25 401.12 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 [+]