Government Spending in European Union decreased to 662.58 EUR Billion in the second quarter of 2020 from 677.88 EUR Billion in the first quarter of 2020. source: Eurostat
Government Spending in European Union averaged 579.75 EUR Billion from 1995 until 2020, reaching an all time high of 683.60 EUR Billion in the fourth quarter of 2019 and a record low of 463.73 EUR Billion in the first quarter of 1995. This page provides - European Union Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Spending - values, historical data and charts - was last updated on December of 2020.
Government Spending in European Union is expected to be 829000.00 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 European Union to stand at 828000.00 in 12 months time. In the long-term, the European Union Government Spending is projected to trend around 825200.00 EUR Billion in 2021 and 826000.00 EUR Billion in 2022, according to our econometric models.