Government Spending in Spain increased to 57636 EUR Million in the second quarter of 2019 from 56967 EUR Million in the first quarter of 2019. Government Spending in Spain averaged 41444.21 EUR Million from 1995 until 2019, reaching an all time high of 57636 EUR Million in the second quarter of 2019 and a record low of 19910 EUR Million in the first quarter of 1995.

Government Spending in Spain is expected to be 56385.30 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Spain to stand at 57956.00 in 12 months time. In the long-term, the Spain Government Spending is projected to trend around 59969.87 EUR Million in 2020, according to our econometric models.

Spain Government Spending
Forecast Data Chart
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Spain Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.10 98.10 100.40 16.60 percent [+]
Government Budget -2.50 -3.10 2.20 -11.00 percent of GDP [+]
Government Budget Value -10514.00 -15202.00 12365.00 -99130.00 EUR Million [+]
Government Spending 57636.00 56967.00 57636.00 19910.00 EUR Million [+]
Government Spending to GDP 41.30 41.00 48.10 38.30 percent [+]
Government Debt 1200257869.00 1173988055.00 1200257869.00 136774640.00 EUR Thousand [+]
Military Expenditure 17039.00 16044.00 18833.00 2399.00 USD Million [+]
Credit Rating 62.25 [+]
Asylum Applications 8745.00 10425.00 10425.00 145.00 persons [+]

Spain 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 - Spain Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Government Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57636.00 56967.00 57636.00 19910.00 1995 - 2019 EUR Million Quarterly
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Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 104275.00 Jun/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136911.00 Jun/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 209394.41 Jun/19
Italy 78566.20 Mar/19
Japan 108825.60 Jun/19
Mexico 2143950.00 Mar/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 645563.00 Mar/19
South Korea 75957.40 Jun/19
Spain 57636.00 Jun/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94259.00 Jun/19
United States 3297.90 Jun/19