Government Spending in Germany increased to 165.93 EUR Billion in the fourth quarter of 2019 from 165.36 EUR Billion in the third quarter of 2019. Germany Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Germany averaged 127.90 EUR Billion from 1991 until 2019, reaching an all time high of 165.93 EUR Billion in the fourth quarter of 2019 and a record low of 94.98 EUR Billion in the first quarter of 1991. This page provides - Germany Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Federal Statistical Office

Government Spending in Germany is expected to be 162.66 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 Germany to stand at 167.43 in 12 months time. In the long-term, the Germany Government Spending is projected to trend around 169.27 EUR Billion in 2021 and 171.13 EUR Billion in 2022, according to our econometric models.

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Germany Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
165.93 165.36 165.93 94.98 1991 - 2019 EUR Billion Quarterly
Constant Prices 2015, SA

Germany Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.