Government Spending in European Union increased to 766147.70 EUR Million in the fourth quarter of 2019 from 760031.40 EUR Million in the third quarter of 2019.
Government Spending in European Union averaged 644107.44 EUR Million from 1995 until 2019, reaching an all time high of 766147.70 EUR Million in the fourth quarter of 2019 and a record low of 512028 EUR Million 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 July of 2020.
Government Spending in European Union is expected to be 798400.00 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 European Union to stand at 832000.00 in 12 months time. In the long-term, the European Union Government Spending is projected to trend around 825200.00 EUR Million in 2021 and 826000.00 EUR Million in 2022, according to our econometric models.