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.