Government Spending in Slovakia increased to 4.05 EUR Billion in the second quarter of 2021 from 3.57 EUR Billion in the first quarter of 2021. source: Statistical Office of the Slovak Republic

Government Spending in Slovakia averaged 3.14 EUR Billion from 1995 until 2021, reaching an all time high of 4.88 EUR Billion in the fourth quarter of 2020 and a record low of 2.01 EUR Billion in the first quarter of 2000. This page provides - Slovakia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Slovakia is expected to be 4.04 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Government Spending is projected to trend around 5.29 EUR Billion in 2022 and 5.50 EUR Billion in 2023, according to our econometric models.

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Slovakia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4.05 3.57 4.88 2.01 1995 - 2021 EUR Billion Quarterly
Constant Prices 2015, NSA

Slovakia Government Last Previous Highest Lowest Unit
Government Debt to GDP 60.60 48.20 60.60 21.60 percent of GDP [+]
Government Budget -6.20 -1.30 -1.00 -12.60 percent of GDP [+]
Government Budget Value -239.40 -297.00 432.63 -4405.51 EUR Million [+]
Government Spending 4.05 3.57 4.88 2.01 EUR Billion [+]
Government Spending to GDP 48.00 42.70 78.80 36.40 percent of GDP [+]
Government Revenues 10330.30 9042.20 16162.02 483.69 EUR Million [+]
Government Debt 56005.00 53212.00 56005.00 12737.00 EUR Million [+]
Fiscal Expenditure 14284.70 12757.20 23509.00 606.36 EUR Million [+]
Military Expenditure 1778.00 1803.00 1819.00 862.00 USD Million [+]
Credit Rating 76.00 [+]
Asylum Applications 15.00 15.00 160.00 0.00 persons [+]

Slovakia 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.