Government Spending in Greece decreased to 8979 EUR Million in the first quarter of 2019 from 11112.20 EUR Million in the fourth quarter of 2018. Government Spending in Greece averaged 10665.52 EUR Million from 1995 until 2019, reaching an all time high of 14069.70 EUR Million in the fourth quarter of 2007 and a record low of 8175.90 EUR Million in the first quarter of 1995.

Government Spending in Greece is expected to be 9686.05 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 Greece to stand at 11356.67 in 12 months time. In the long-term, the Greece Government Spending is projected to trend around 11827.03 EUR Million in 2020, according to our econometric models.

Greece Government Spending
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Greece Government Last Previous Highest Lowest Unit
Government Debt to GDP 181.10 176.20 181.10 22.60 percent [+]
Government Budget 1.10 0.70 1.10 -15.10 percent of GDP [+]
Government Budget Value -718.80 -272.60 22737.60 -30872.00 EUR Million [+]
Government Spending 8979.00 11112.20 14069.70 8175.90 EUR Million [+]
Government Spending to GDP 46.70 47.30 62.30 43.70 percent [+]
Government Revenues 20187.00 15954.00 60352.00 244.00 EUR Million [+]
Government Debt 357693.75 358948.65 367978.00 215415.74 EUR Million [+]
Fiscal Expenditure 21945.00 16997.00 86355.00 1369.00 EUR Million [+]
Military Expenditure 4934.00 5094.00 9095.00 779.00 USD Million [+]
Credit Rating 9.78 [+]
Asylum Applications 5300.00 5335.00 7470.00 390.00 persons [+]


Greece 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 - Greece Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8979.00 11112.20 14069.70 8175.90 1995 - 2019 EUR Million Quarterly
Constant 2010 Prices, NSA




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