Government Spending in European Union increased to 692.60 EUR Billion in the third quarter of 2020 from 664.95 EUR Billion in the second quarter of 2020. source: EUROSTAT
Government Spending in European Union averaged 580.88 EUR Billion from 1995 until 2020, reaching an all time high of 692.60 EUR Billion in the third quarter of 2020 and a record low of 463.71 EUR Billion in the first quarter of 1995. This page provides - European Union Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Government Spending - values, historical data and charts - was last updated on January of 2021.
Government Spending in European Union is expected to be 698.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in European Union to stand at 706.00 in 12 months time. In the long-term, the European Union Government Spending is projected to trend around 702.00 EUR Billion in 2021 and 701.00 EUR Billion in 2022, according to our econometric models.