Government Spending in Czech Republic increased to 268.77 CZK Billion in the first quarter of 2023 from 263.73 CZK Billion in the fourth quarter of 2022. source: Czech Statistical Office

Government Spending in Czech Republic averaged 211.70 CZK Billion from 1996 until 2023, reaching an all time high of 268.77 CZK Billion in the first quarter of 2023 and a record low of 168.36 CZK Billion in the first quarter of 1996. This page provides - Czech Republic Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Government Spending - values, historical data and charts - was last updated on June of 2023.

Government Spending in Czech Republic is expected to be 255.33 CZK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Government Spending is projected to trend around 271.43 CZK Billion in 2024 and 277.13 CZK Billion in 2025, according to our econometric models.

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Czech Republic Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 44.10 42.00 percent of GDP Dec 2022
Government Budget -3.60 -5.10 percent of GDP Dec 2022
Government Spending 268.77 263.73 CZK Billion Mar 2023
Government Debt 2997083.00 2566731.00 CZK Million Dec 2022

Czech Republic 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
268.77 263.73 268.77 168.36 1996 - 2023 CZK Billion Quarterly
Constant Prices 2010, SA