Government Spending in Romania increased to 2555.40 RON Million in the third quarter of 2019 from 2273.70 RON Million in the second quarter of 2019. Romania Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Romania averaged 1790.63 RON Million from 1995 until 2019, reaching an all time high of 3385.10 RON Million in the second quarter of 1995 and a record low of 528.80 RON Million in the third quarter of 1995. This page provides - Romania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Romania is expected to be 2275.00 RON Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Romania to stand at 2660.00 in 12 months time. In the long-term, the Romania Government Spending is projected to trend around 2772.00 RON Million in 2021 and 2888.00 RON Million in 2022, according to our econometric models.


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Romania Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2555.40 2273.70 3385.10 528.80 1995 - 2019 RON Million Quarterly
Constant Prices 2000, SA


Romania 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.