Government Spending in Czech Republic increased to 240.70 CZK Billion in the first quarter of 2020 from 228.72 CZK Billion in the fourth quarter of 2019.

Government Spending in Czech Republic averaged 194.71 CZK Billion from 1996 until 2020, reaching an all time high of 240.70 CZK Billion in the first quarter of 2020 and a record low of 160.06 CZK Billion in the first quarter of 1998. This page provides - Czech Republic Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Government Spending - values, historical data and charts - was last updated on June of 2020. source: Czech Statistical Office

Government Spending in Czech Republic is expected to be 220.33 CZK Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Czech Republic to stand at 225.59 in 12 months time. In the long-term, the Czech Republic Government Spending is projected to trend around 228.12 CZK Billion in 2021 and 233.82 CZK Billion in 2022, according to our econometric models.

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Czech Republic Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
240.70 228.72 240.70 160.06 1996 - 2020 CZK Billion Quarterly
Constant Prices 2010, SA

Czech Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.80 32.60 44.90 11.60 percent [+]
Government Budget 0.30 0.90 1.50 -12.40 percent of GDP [+]
Government Budget Value -49043.36 -17292.15 45869.48 -79160.00 CZK Million [+]
Government Spending 240.70 228.72 240.70 160.06 CZK Billion [+]
Government Spending to GDP 41.90 41.20 52.90 39.50 percent [+]
Government Revenues 90639.80 148078.54 171709.74 16874.00 CZK Million [+]
Government Debt 1740468.00 1734626.00 1840412.00 211777.00 CZK Million [+]
Fiscal Expenditure 139683.16 165370.69 196776.00 9364.00 CZK Million [+]
Military Expenditure 2446.00 2078.00 3166.00 1846.00 USD Million [+]
Credit Rating 83.00 [+]
Asylum Applications 115.00 100.00 200.00 20.00 persons [+]


Czech Republic 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.