Government Spending in Romania decreased to 2252.60 RON Million in the first quarter of 2019 from 2359.50 RON Million in the fourth quarter of 2018. Government Spending in Romania averaged 1777.77 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.

Government Spending in Romania is expected to be 1883.91 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 2434.00 in 12 months time. In the long-term, the Romania Government Spending is projected to trend around 1919.83 RON Million in 2020, according to our econometric models.

Romania Government Spending
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Romania Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.10 35.20 39.20 6.60 percent [+]
Government Budget -3.00 -2.70 0.50 -9.10 percent of GDP [+]
Government Budget Value -10372.30 -9800.00 3486.70 -35173.30 RON Million [+]
Government Spending 2252.60 2359.50 3385.10 528.80 RON Million [+]
Government Spending to GDP 35.00 33.60 40.00 33.20 percent [+]
Government Revenues 41622.80 49184.90 144012.00 3701.40 RON Million [+]
Government Debt 314907.90 315932.80 315932.80 38469.80 RON Million [+]
Fiscal Expenditure 51995.00 58984.80 174674.20 2850.50 RON Million [+]
Military Expenditure 4258.00 3622.00 8759.00 1775.00 USD Million [+]
Credit Rating 51.52 [+]
Asylum Applications 100.00 105.00 750.00 45.00 persons [+]


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. This page provides - Romania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2252.60 2359.50 3385.10 528.80 1995 - 2019 RON Million Quarterly
Constant Prices 2000, SA




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