Government Spending to GDP In the Euro Area increased to 47.10 percent in 2019 from 46.90 percent in 2018. source: EUROSTAT

Government Spending to GDP in the Euro Area averaged 48.29 percent from 1995 until 2019, reaching an all time high of 52.90 percent in 1995 and a record low of 45.60 percent in 2007. This page provides the latest reported value for - Euro Area Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Government Spending to GDP - values, historical data and charts - was last updated on May of 2021.

Government Spending to GDP in Euro Area is expected to reach 50.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Government Spending to GDP is projected to trend around 47.00 percent in 2022 and 46.00 percent in 2023, according to our econometric models.

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Euro Area Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
47.10 46.90 52.90 45.60 1995 - 2019 percent Yearly

Euro Area Government Last Previous Highest Lowest Unit
Government Debt to GDP 98.00 83.90 98.00 66.00 percent [+]
Government Budget -7.20 -0.60 -0.50 -7.30 percent of GDP [+]
Government Spending 599.06 594.98 599.06 400.93 EUR Billion [+]
Government Spending to GDP 47.10 46.90 52.90 45.60 percent [+]
Government Debt 11107741.00 10027455.00 11107741.00 4102439.00 EUR Million [+]
Credit Rating 13.59 [+]