Government Spending In the Euro Area increased to 652331.20 EUR Billion in the second quarter of 2024 from 646725.60 EUR Billion in the first quarter of 2024. Government Spending in Euro Area averaged 202024.69 EUR Billion from 1995 until 2024, reaching an all time high of 652331.20 EUR Billion in the second quarter of 2024 and a record low of 386.44 EUR Billion in the first quarter of 1995. source: EUROSTAT

Government Spending in Euro Area is expected to be 653455.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Spending is projected to trend around 663257.00 EUR Billion in 2025 and 673869.00 EUR Billion in 2026, according to our econometric models.




Related Last Previous Unit Reference
Government Budget to GDP -3.60 -3.50 percent of GDP Dec 2023
Government Debt 12732445.00 12268150.00 EUR Million Dec 2023
Government Debt to GDP 87.40 89.50 percent of GDP Dec 2023
Government Spending 652331.20 646725.60 EUR Billion Jun 2024
Government Spending to GDP 49.50 50.00 percent of GDP Dec 2023

Euro Area 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
652331.20 646725.60 652331.20 386.44 1995 - 2024 EUR Billion Quarterly
Constant Prices 2015, SA, WDA