Government spending In the Euro Area was last recorded at 46.8 percent of GDP in 2018 . Euro Area Government Spending to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Government Spending to GDP in the Euro Area averaged 48.13 percent from 1995 until 2018, reaching an all time high of 52.80 percent in 1995 and a record low of 45.40 percent in 2007. This page provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Eurostat
Government Spending to GDP in Euro Area is expected to reach 46.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Spending to GDP is projected to trend around 46.50 percent in 2021, according to our econometric models.