Government Spending in Ukraine increased to 110650 UAH Million in the second quarter of 2020 from 91991 UAH Million in the first quarter of 2020. source: State Statistics Service of Ukraine

Government Spending in Ukraine averaged 45064.45 UAH Million from 2001 until 2020, reaching an all time high of 128189 UAH Million in the fourth quarter of 2019 and a record low of 25043 UAH Million in the first quarter of 2001. This page provides - Ukraine Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ukraine Government Spending - values, historical data and charts - was last updated on November of 2020.

Government Spending in Ukraine is expected to be 116652.00 UAH Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Ukraine to stand at 116183.00 in 12 months time. In the long-term, the Ukraine Government Spending is projected to trend around 124818.00 UAH Million in 2021 and 128063.00 UAH Million in 2022, according to our econometric models.

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Ukraine Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
110650.00 91991.00 128189.00 25043.00 2001 - 2020 UAH Million Quarterly
Constant 2010 Prices, NSA

Ukraine Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.30 60.90 81.00 12.30 percent [+]
Government Budget -2.10 -1.90 5.10 -7.00 percent of GDP [+]
Government Budget Value 81725.32 41186.59 81725.32 -72030.46 UAH Million [+]
Government Spending 110650.00 91991.00 128189.00 25043.00 UAH Million [+]
Government Revenues 976915.23 876392.49 1289779.80 4637.10 UAH Million [+]
Government Debt 878252011.39 864804955.70 889846456.13 14428105.68 UAH Thousand [+]
Fiscal Expenditure 1032179.70 888521.00 1370113.00 6879.00 UAH Million [+]
Military Expenditure 4401.00 3648.00 4401.00 302.00 USD Million [+]
Credit Rating 26.00 [+]

Ukraine 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.