Government Spending in Germany increased to 168.84 EUR Billion in the second quarter of 2020 from 166.42 EUR Billion in the first quarter of 2020.

Government Spending in Germany averaged 128.99 EUR Billion from 1991 until 2020, reaching an all time high of 168.84 EUR Billion in the second quarter of 2020 and a record low of 95.39 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. Germany Government Spending - values, historical data and charts - was last updated on October of 2020. source: Federal Statistical Office

Government Spending in Germany is expected to be 175.00 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 Germany to stand at 180.00 in 12 months time. In the long-term, the Germany Government Spending is projected to trend around 179.00 EUR Billion in 2021 and 182.00 EUR Billion in 2022, according to our econometric models.

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Germany Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
168.84 166.42 168.84 95.39 1991 - 2020 EUR Billion Quarterly
Constant Prices 2015, SA

Germany Government Last Previous Highest Lowest Unit
Government Debt to GDP 59.80 61.90 82.40 54.90 percent [+]
Government Budget 1.40 1.90 1.90 -9.40 percent of GDP [+]
Government Budget Value -1.74 6.50 40.63 -58.90 EUR Billion [+]
Government Spending 168.84 166.42 168.84 95.39 EUR Billion [+]
Government Spending to GDP 45.40 44.60 55.10 43.40 percent [+]
Government Revenues 380.01 420.87 503.44 206.35 EUR Billion [+]
Government Debt 2108892.84 1955357.52 2108892.84 968305.53 EUR Million [+]
Fiscal Expenditure 381.75 414.37 509.66 222.14 EUR Billion [+]
Military Expenditure 46192.00 45382.00 63310.00 17551.00 USD Million [+]
Credit Rating 100.00 [+]
Asylum Applications 4790.00 3775.00 92105.00 1535.00 [+]

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.