Government Spending in Estonia decreased to 1027.50 EUR Million in the third quarter of 2019 from 1068.07 EUR Million in the second quarter of 2019. Estonia Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Estonia averaged 877.24 EUR Million from 1995 until 2019, reaching an all time high of 1297.32 EUR Million in the fourth quarter of 2018 and a record low of 599.64 EUR Million in the third quarter of 1997. This page provides - Estonia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Estonia is expected to be 1067.00 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 Estonia to stand at 1056.00 in 12 months time. In the long-term, the Estonia Government Spending is projected to trend around 1083.00 EUR Million in 2021 and 1106.00 EUR Million in 2022, according to our econometric models.

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Estonia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1027.50 1068.07 1297.32 599.64 1995 - 2019 EUR Million Quarterly
Constant Prices, NSA

Estonia 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.