Government spending in European Union was last recorded at 45.6 percent of GDP in 2018 . Government Spending To GDP in European Union averaged 46.82 percent from 2001 until 2018, reaching an all time high of 50 percent in 2009 and a record low of 44.60 percent in 2007.
Government Spending To GDP in European Union is expected to be 45.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Spending To GDP is projected to trend around 45.60 percent in 2020, according to our econometric models.