Government Spending In the Euro Area decreased to 601.39 EUR Billion in the first quarter of 2021 from 601.55 EUR Billion in the fourth quarter of 2020. source: EUROSTAT
Government Spending in the Euro Area averaged 502.41 EUR Billion from 1995 until 2021, reaching an all time high of 601.55 EUR Billion in the fourth quarter of 2020 and a record low of 401.24 EUR Billion in the first quarter of 1995. This page provides the latest reported value for - Euro Area Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending - values, historical data and charts - was last updated on July of 2021.
Government Spending in Euro Area is expected to be 609.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Euro Area to stand at 602.00 in 12 months time. In the long-term, the Euro Area Government Spending is projected to trend around 600.00 EUR Billion in 2022 and 606.00 EUR Billion in 2023, according to our econometric models.