Government Spending in Ukraine decreased to 48840 UAH Million in the third quarter of 2019 from 54058 UAH Million in the second quarter of 2019. Ukraine Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Ukraine averaged 42455.96 UAH Million from 2001 until 2019, reaching an all time high of 69659 UAH Million in the fourth quarter of 2017 and a record low of 25043 UAH Million in the first quarter of 2001. This page provides - Ukraine Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: State Statistics Service of Ukraine

Government Spending in Ukraine is expected to be 49401.00 UAH Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ukraine to stand at 50549.00 in 12 months time. In the long-term, the Ukraine Government Spending is projected to trend around 52571.00 UAH Million in 2021 and 54779.00 UAH Million in 2022, according to our econometric models.

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Ukraine Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
48840.00 54058.00 69659.00 25043.00 2001 - 2019 UAH Million Quarterly
Constant 2010 Prices, NSA

Ukraine 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.