Government Spending in Spain decreased to 69579 EUR Million in the first quarter of 2023 from 72001 EUR Million in the fourth quarter of 2022. source: National Statistics Institute (INE)

Government Spending in Spain averaged 44563.20 EUR Million from 1995 until 2023, reaching an all time high of 72001.00 EUR Million in the fourth quarter of 2022 and a record low of 19902.00 EUR Million in the first quarter of 1995. This page provides - Spain Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Government Spending - values, historical data and charts - was last updated on June of 2023.

Government Spending in Spain is expected to be 66516.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Spending is projected to trend around 74030.00 EUR Million in 2024 and 75511.00 EUR Million in 2025, according to our econometric models.

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Spain Government Spending

Related Last Previous Unit Reference
Government Spending 69579.00 72001.00 EUR Million Mar 2023

Spain 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.
Actual Previous Highest Lowest Dates Unit Frequency
69579.00 72001.00 72001.00 19902.00 1995 - 2023 EUR Million Quarterly
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