Government Spending in Spain increased to 59321 EUR Million in the fourth quarter of 2019 from 58423 EUR Million in the third quarter of 2019. Spain Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Spain averaged 41830.45 EUR Million from 1995 until 2019, reaching an all time high of 59321 EUR Million in the fourth quarter of 2019 and a record low of 19902 EUR Million in the first quarter of 1995. This page provides - Spain Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Statistics Institute (INE)

Government Spending in Spain is expected to be 57818.00 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 59299.00 in 12 months time. In the long-term, the Spain Government Spending is projected to trend around 60130.00 EUR Million in 2021 and 60971.00 EUR Million in 2022, according to our econometric models.


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Spain Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
59321.00 58423.00 59321.00 19902.00 1995 - 2019 EUR Million Quarterly
Current Prices, SA


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.