Government Spending in European Union increased to 699.27 EUR Billion in the fourth quarter of 2020 from 692.60 EUR Billion in the third quarter of 2020. source: EUROSTAT
Government Spending in European Union averaged 582.02 EUR Billion from 1995 until 2020, reaching an all time high of 699.27 EUR Billion in the fourth 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 April of 2021.
Government Spending in European Union is expected to be 705.00 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 702.00 in 12 months time. In the long-term, the European Union Government Spending is projected to trend around 701.00 EUR Billion in 2022 and 703.00 EUR Billion in 2023, according to our econometric models.