Government Spending in Slovakia increased to 3.84 EUR Billion in the third quarter of 2019 from 3.81 EUR Billion in the second quarter of 2019.

Government Spending in Slovakia averaged 2.94 EUR Billion from 1997 until 2019, reaching an all time high of 4.45 EUR Billion in the fourth quarter of 2018 and a record low of 1.76 EUR Billion in the first quarter of 2000. This page provides - Slovakia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Slovakia is expected to be 3.49 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 Slovakia to stand at 3.93 in 12 months time. In the long-term, the Slovakia Government Spending is projected to trend around 4.14 EUR Billion in 2020, according to our econometric models.

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Slovakia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
3.84 3.81 4.45 1.76 1997 - 2019 EUR Billion Quarterly
Constant Prices, NSA

Slovakia 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.

Slovakia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.90 50.90 54.70 21.70 percent [+]
Government Budget -0.70 -0.80 -0.70 -12.00 percent of GDP [+]
Government Budget Value -2184.53 -1810.40 432.63 -4405.51 EUR Million [+]
Government Spending 3.84 3.81 4.45 1.76 EUR Billion [+]
Government Spending to GDP 40.60 40.20 78.80 36.30 percent [+]
Government Revenues 15740.69 13492.70 16162.02 483.69 EUR Million [+]
Government Debt 43273.00 42946.00 44329.00 12737.00 EUR Million [+]
Fiscal Expenditure 17925.22 15303.00 18043.00 606.36 EUR Million [+]
Military Expenditure 1186.00 1049.00 1732.00 821.00 USD Million [+]
Credit Rating 78.00 [+]
Asylum Applications 30.00 15.00 160.00 0.00 persons [+]