Government Spending in Belgium increased to 27021 EUR Million in the second quarter of 2022 from 26889 EUR Million in the first quarter of 2022. source: National Bank of Belgium

Government Spending in Belgium averaged 18490.11 EUR Million from 1980 until 2022, reaching an all time high of 27224 EUR Million in the second quarter of 2021 and a record low of 9857 EUR Million in the first quarter of 1980. This page provides - Belgium Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Government Spending - values, historical data and charts - was last updated on November of 2022.

Government Spending in Belgium is expected to be 27218.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Government Spending is projected to trend around 28035.00 EUR Million in 2023 and 28512.00 EUR Million in 2024, according to our econometric models.

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Belgium Government Spending

Related Last Previous Unit Reference
Government Budget Value -27965.70 -41320.60 EUR Million Mar 2022
Government Spending 27021.00 26889.00 EUR Million Jun 2022
Government Revenues 250003.60 229145.50 EUR Million Dec 2021
Government Debt 590782.00 624295.00 EUR Million Jun 2022
Fiscal Expenditure 277969.30 270466.10 EUR Million Dec 2021

Belgium 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.
Actual Previous Highest Lowest Dates Unit Frequency
27021.00 26889.00 27224.00 9857.00 1980 - 2022 EUR Million Quarterly
Constant Prices 2016, SA