Government spending in European Union was last recorded at 45.6 percent of GDP in 2018 .

Government Spending To GDP in European Union averaged 46.82 percent from 2001 until 2018, reaching an all time high of 50 percent in 2009 and a record low of 44.60 percent in 2007. This page provides - European Union Government Spending To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Spending To GDP - values, historical data and charts - was last updated on April of 2020.

Government Spending To GDP in European Union is expected to reach 45.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Spending To GDP is projected to trend around 45.60 percent in 2021, according to our econometric models.

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European Union Government Spending To GDP

Actual Previous Highest Lowest Dates Unit Frequency
45.60 45.80 50.00 44.60 2001 - 2018 percent Yearly

European Union Government Last Previous Highest Lowest Unit
Government Debt To GDP 81.90 83.60 86.60 57.50 percent [+]
Government Budget -0.70 -1.00 -0.70 -6.60 percent of GDP [+]
Government Spending 766147.70 760031.40 766147.70 512028.00 EUR Million [+]
Government Spending To GDP 45.60 45.80 50.00 44.60 percent [+]
Government Debt 12715249.10 12579778.20 12715249.10 5804160.50 EUR Million [+]
Credit Rating 98.00 [+]
Asylum Applications 65810.00 55890.00 167190.00 10785.00 persons [+]


European Union Government Spending To GDP