Government Spending in Greece decreased to 9521.80 EUR Million in the third quarter of 2019 from 10501 EUR Million in the second quarter of 2019. Government Spending in Greece averaged 10669.37 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 9478.00 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 9750.00 in 12 months time. In the long-term, the Greece Government Spending is projected to trend around 10104.00 EUR Million in 2020, according to our econometric models.

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Greece Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
9521.80 10501.00 14069.70 8175.90 1995 - 2019 EUR Million Quarterly
Constant 2010 Prices, NSA


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.

Greece Government Last Previous Highest Lowest Unit
Government Debt to GDP 181.20 176.20 181.20 22.60 percent [+]
Government Budget 1.00 0.70 1.00 -15.10 percent of GDP [+]
Government Budget Value 1016.10 1024.20 22737.60 -30872.00 EUR Million [+]
Government Spending 9521.80 10501.00 14069.70 8175.90 EUR Million [+]
Government Spending to GDP 46.70 47.30 62.30 43.70 percent [+]
Government Revenues 55019.00 48429.00 60352.00 244.00 EUR Million [+]
Government Debt 353850.25 356549.40 367978.00 215415.74 EUR Million [+]
Fiscal Expenditure 55244.00 46508.00 86355.00 1369.00 EUR Million [+]
Military Expenditure 4934.00 5094.00 9095.00 779.00 USD Million [+]
Credit Rating 36.00 [+]
Asylum Applications 9490.00 6735.00 9490.00 390.00 persons [+]