Government Spending in Finland decreased to 13556 EUR Million in the first quarter of 2021 from 14734 EUR Million in the fourth quarter of 2020. source: Statistics Finland

Government Spending in Finland averaged 8630.43 EUR Million from 1975 until 2021, reaching an all time high of 14734 EUR Million in the fourth quarter of 2020 and a record low of 3871 EUR Million in the second quarter of 1975. This page provides - Finland Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Government Spending - values, historical data and charts - was last updated on August of 2021.

Government Spending in Finland is expected to be 12507.00 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 Finland to stand at 13841.00 in 12 months time. In the long-term, the Finland Government Spending is projected to trend around 15359.00 EUR Million in 2022 and 15682.00 EUR Million in 2023, according to our econometric models.

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Finland Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
13556.00 14734.00 14734.00 3871.00 1975 - 2021 EUR Million Quarterly
Constant 2010 Prices, NSA

Finland Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.20 59.50 69.20 6.10 percent of GDP [+]
Government Budget -5.40 -0.90 7.70 -8.10 percent of GDP [+]
Government Budget Value -823.60 370.50 2319.20 -3833.40 EUR Million [+]
Government Spending 13556.00 14734.00 14734.00 3871.00 EUR Million [+]
Government Spending to GDP 56.70 53.20 64.20 38.60 percent of GDP [+]
Government Revenues 4551.70 5399.80 5681.60 2030.22 EUR Million [+]
Government Debt 129534.00 126111.00 129534.00 48415.00 EUR Million [+]
Fiscal Expenditure 4566.00 5353.00 7344.00 929.00 EUR Million [+]
Military Expenditure 3986.00 3630.00 3986.00 617.00 USD Million [+]
Credit Rating 96.00 [+]
Asylum Applications 45.00 35.00 10805.00 30.00 persons [+]

Finland 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.