Government Spending in Belgium increased to 25582 EUR Million in the third quarter of 2019 from 25464 EUR Million in the second quarter of 2019. Government Spending in Belgium averaged 18114.86 EUR Million from 1980 until 2019, reaching an all time high of 25582 EUR Million in the third quarter of 2019 and a record low of 9857 EUR Million in the first quarter of 1980.

Government Spending in Belgium is expected to be 25377.00 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 Belgium to stand at 25812.00 in 12 months time. In the long-term, the Belgium Government Spending is projected to trend around 26435.00 EUR Million in 2020, according to our econometric models.

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Belgium Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
25582.00 25464.00 25582.00 9857.00 1980 - 2019 EUR Million Quarterly
Constant Prices 2016, SA


Belgium 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.

Belgium Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 103.40 133.10 74.10 percent [+]
Government Budget -0.70 -0.80 0.20 -5.40 percent of GDP [+]
Government Budget Value -3402.00 -3159.00 779.00 -18817.00 EUR Million [+]
Government Spending 25582.00 25464.00 25582.00 9857.00 EUR Million [+]
Government Spending to GDP 52.40 52.10 64.00 48.20 percent [+]
Government Revenues 232880.00 224454.00 232880.00 12733.00 EUR Million [+]
Government Debt 603674.00 583414.00 603674.00 277160.00 EUR Million [+]
Fiscal Expenditure 235976.40 228976.10 235976.40 110858.20 EUR Million [+]
Military Expenditure 4614.00 4485.00 8625.00 2007.00 USD Million [+]
Credit Rating 88.00 [+]
Asylum Applications 2070.00 2480.00 6360.00 725.00 persons [+]