Government Spending in Ukraine decreased to 84618 UAH Million in the first quarter of 2021 from 122141 UAH Million in the fourth quarter of 2020. source: State Statistics Service of Ukraine

Government Spending in Ukraine averaged 47295.83 UAH Million from 2001 until 2021, reaching an all time high of 128189 UAH Million in the fourth quarter of 2019 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. Ukraine Government Spending - values, historical data and charts - was last updated on July of 2021.

Government Spending in Ukraine is expected to be 113761.00 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 88510.00 in 12 months time. In the long-term, the Ukraine Government Spending is projected to trend around 130208.00 UAH Million in 2022 and 133593.00 UAH Million in 2023, according to our econometric models.

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Ukraine Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
84618.00 122141.00 128189.00 25043.00 2001 - 2021 UAH Million Quarterly
Constant 2010 Prices, NSA

Ukraine Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.80 50.30 80.90 12.30 percent of GDP [+]
Government Budget -2.10 -1.90 5.10 -7.00 percent of GDP [+]
Government Budget Value -29092.90 -25417.40 38470.30 -217096.10 UAH Million [+]
Government Spending 84618.00 122141.00 128189.00 25043.00 UAH Million [+]
Government Revenues 476168.77 357471.14 1076016.68 3385.70 UAH Million [+]
Government Debt 998449776.89 1006089244.51 1025736233.40 14428105.68 UAH Thousand [+]
Fiscal Expenditure 509428.19 385252.73 1288016.71 2180.00 UAH Million [+]
Military Expenditure 5995.00 5419.00 5995.00 301.00 USD Million [+]
Credit Rating 26.00 [+]

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.