Government Spending in Czech Republic increased to 232.57 CZK Billion in the third quarter of 2019 from 230.19 CZK Billion in the second quarter of 2019. Government Spending in Czech Republic averaged 193.98 CZK Billion from 1996 until 2019, reaching an all time high of 232.57 CZK Billion in the third quarter of 2019 and a record low of 160.06 CZK Billion in the first quarter of 1998. source: Czech Statistical Office

Government Spending in Czech Republic is expected to be 228.76 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 238.85 in 12 months time. In the long-term, the Czech Republic Government Spending is projected to trend around 246.07 CZK Billion in 2020, according to our econometric models.

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Czech Republic Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
232.57 230.19 232.57 160.06 1996 - 2019 CZK Billion Quarterly
Constant Prices 2010, SA

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.

Czech Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.70 34.70 44.90 11.60 percent [+]
Government Budget 0.90 1.60 1.60 -12.40 percent of GDP [+]
Government Budget Value 10109.93 -19059.14 45869.48 -79160.00 CZK Million [+]
Government Spending 232.57 230.19 232.57 160.06 CZK Billion [+]
Government Spending to GDP 40.80 38.90 52.90 38.90 percent [+]
Government Revenues 171709.74 130444.83 171709.74 16874.00 CZK Million [+]
Government Debt 1734720.00 1749532.00 1840412.00 210110.00 CZK Million [+]
Fiscal Expenditure 161599.81 149503.97 196776.00 9364.00 CZK Million [+]
Military Expenditure 2446.00 2078.00 3166.00 1846.00 USD Million [+]
Credit Rating 83.00 [+]
Asylum Applications 100.00 95.00 200.00 20.00 persons [+]