Government Spending in Ireland increased to 9807 EUR Million in the first quarter of 2021 from 9699 EUR Million in the fourth quarter of 2020. source: Central Statistics Office Ireland

Government Spending in Ireland averaged 6680.05 EUR Million from 1995 until 2021, reaching an all time high of 9807 EUR Million in the first quarter of 2021 and a record low of 3969 EUR Million in the fourth quarter of 1995. This page provides the latest reported value for - Ireland Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Government Spending - values, historical data and charts - was last updated on June of 2021.

Government Spending in Ireland is expected to be 10095.00 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 Ireland to stand at 10714.00 in 12 months time. In the long-term, the Ireland Government Spending is projected to trend around 10524.00 EUR Million in 2022 and 10735.00 EUR Million in 2023, according to our econometric models.

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Ireland Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
9807.00 9699.00 9807.00 3969.00 1995 - 2021 EUR Million Quarterly
Constant Prices 2018, SA

Ireland Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.50 57.40 119.90 23.60 percent of GDP [+]
Government Budget -5.00 0.50 4.90 -32.10 percent of GDP [+]
Government Budget Value -1931.00 -6846.00 4172.00 -17309.00 EUR Million [+]
Government Spending 9807.00 9699.00 9807.00 3969.00 EUR Million [+]
Government Spending to GDP 28.40 24.60 65.10 24.60 percent of GDP [+]
Government Revenues 25818.00 20245.00 27344.00 315.40 EUR Million [+]
Government Debt 227466.00 226049.00 227466.00 36004.00 EUR Million [+]
Fiscal Expenditure 27750.00 27092.00 33730.00 410.00 EUR Million [+]
Military Expenditure 1126.00 1113.00 1246.00 247.00 USD Million [+]
Credit Rating 78.00 [+]
Asylum Applications 80.00 140.00 665.00 15.00 persons [+]

Ireland 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.